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Tactical Investment Management Program

About the Program

The Tactical Investment Management Program (TIM) is a proprietary investment management service. This program employs a tactical approach to investing in the financial markets as opposed to a "buy and hold" approach. Seeing the problems during the severe stock market declines in 2000-2003 and 2007-2009, our founder, Mike Bagby, realized that the old "buy and hold" approach wasn’t always sufficient for every client. He developed this tactical approach to avoid having TIM clients invested during major market declines.

The purpose of TIM is:

  1. To be objective in the investment decision process. Let the markets dictate decisions (objective) rather than rely on an investment manager’s subjective judgment.
  2. To keep your portfolio invested in asset classes that are in price uptrends.
  3. To avoid asset classes that are in underlying price downtrends.

Who Should Use this Program

If you are someone who is interested in having your investments professionally managed using a market driven tactical approach, this program may be for you. You choose your portfolio in advance from choices based upon your goals and risk tolerance. Once you have given authorization, Bagby will manage your account and make investment decisions for you.

What to Expect

During the initial meeting, you will meet with an Investment Consultant who will ask you many detailed questions to help determine your personal investment goals and risk tolerance level. This will help determine which investment portfolio(s) will be most appropriate for you. Then your consultant will recommend one of the TIM portfolios that match your goals, but the final decision is yours. The basic portfolio categories by risk level that you may choose from are:

100% Fixed Income Portfolio

25% Equity/75% Fixed Income Portfolio

40% Equity/60% Fixed Income Portfolio

60% Equity/40% Fixed Income Portfolio

80% Equity/20% Fixed Income Portfolio

100% Equity Portfolio

Bagby Wealth Management will manage the equity portion of your portfolio primarily with exchange-traded funds and stock mutual funds. Depending on market conditions, portions of your equity portfolio may be placed in less risky investments such as bonds, cash, or cash equivalents. The tactical investment approach does not ensure a profit or protect against a loss - it is simply a way to minimize market value fluctuations.

There are also variations to these six basic portfolios based on the tax sensitivity of your personal situation. Tax-free investments can be used for the fixed income portion of your portfolio - it’s tailored just for you.

After you have chosen the portfolio that is right for you, you will meet with your Client Service Representative who will help complete the necessary forms. This person will be your contact in the future to answer any questions or concerns relating to your account.

Keep in mind that this is a brief summary of our program. If you are interested in this program, please feel free to ask us for the details. We will be happy to answer your questions and provide you with more information.

Fee Schedule*
Individual Account Size Annual Fee
$0 to $ 4,999,999.99 1.00%
$5,000,000 and above .50%

*One quarter of the annual fee will be deducted from the investment account every 3 months.

Past performance is no guarantee of future results and current performance may be lower or higher than the performance data quoted.

All investments involve different degrees of risk. Clients should be aware of their risk tolerance level and financial situation at all times. Clients should read all transaction confirmations, and monthly and yearly statements sent to them. In applicable programs, clients should read all prospectuses carefully before making any investment decisions.

Clients are free at all times to accept or reject any investment recommendations made by Bagby Wealth Management.

Please understand that any losses are attributed to market forces beyond the control of Bagby Wealth Management.