Advisor Portal

Models & Strategies

Mutual Funds, Stock Models,
& Exchange Trade Funds

Explore the Independent Solutions Wealth Management (ISWM) suite of models and strategies. We have developed a wide range of investment solutions so advisors can satisfy all types of clients. Whether you’re looking for minimal, moderate, or aggressive exposure, there are ISWM model(s) and strategies available for all risk levels. In addition to the strategies listed below, ISWM offers a premiere experience for High Net Worth individuals. These accredited investors have the option of work with the Independent Solutions Investment Committee to develop custom strategies through our Private Wealth Group (PWG).
Independent Solutions Wealth Management, LLC (ISWM) is an investment advisory firm registered with the SEC. References to its SEC registration as an investment advisor, however, do not imply any level of skill or training or implied approval by the SEC.

Stock Models (SMA)

The Stock Models are managed by the Independent Solutions Wealth Management Investment Committee, led by Dan Neiman, Chief Investment Officer and Partner at ISWM. The committee comprises Chartered Financial Analysts and industry veterans with institutional and retail experience. The committee thrives through the collaboration of individuals with a combined industry experience of 200+ years.
All Cap Growth SMA

The All Cap Growth model is often used for the long-term bucket of a clients’ overall strategy. This is one of the most aggressive portfolios that ISWM offers. This particular portfolio best fits clients who are willing to take on more risk for the potential for higher returns. The All Cap Growth model is usually invested in 15-20 stocks that are typically high relative strength and high momentum companies. Because of the focus on high momentum this portfolio tends to be more heavily invested in technology or other high growth sectors. This portfolio tends to also be a great fit for business owners or entrepreneurs as well as clients that want to own some of the companies that are often seen in the news.

DOW Dividend SMA

The DOW Dividend model is often used for a moderate to long term bucket of a client’s overall strategy. This particular portfolio best fits clients who are looking for dividends to provide part of their investment return, and who want a stock portfolio of recognizable companies. The model is made up of 15 of the highest dividend yielding stocks in the Dow Jones Industrial Average.

GARP SMA

The Growth at a Reasonable Price (GARP) model, lead by John Thur, tends to be a good fit for investors that want growth companies at a reasonable price. This particular portfolio best fits clients who want a blend of both growth and value type companies. The portfolio manager looks for opportunities in the market where growth companies are trading at discounted valuations. This type of growth and value strategy tends to work best for the patient investor with long term time horizons.

Growth & Opportunities SMA

Top 25 holdings of the Russell 1000 growth index with the weighting of the holdings in the portfolio proportional to the index.

Large Cap Covered Call SMA

The Covered Call portfolio is for the investor that wants a concentrated portfolio of large cap stocks that pay a dividend and has the added benefit of a covered call strategy. This particular portfolio best fits clients who want a higher income yielding portfolio. The portfolio generally holds a select 4 to 10 large cap companies that pay a dividend with a mid-term to long term time horizon. Because of additional income from the call premium, the covered call strategy also helps to lower overall volatility.

Large Cap Core SMA

The Large Cap Core portfolio is often used as a moderate to long term bucket of a client’s overall strategy. This particular portfolio best fits clients who are looking for a concentration of large cap value dividend paying stocks.

Select 20 SMA


The Select 20 Model is often used as a moderate to long term bucket of a client’s overall strategy. This particular portfolio best fits clients who are looking for dividends to provide part of their investment return. This portfolio is made up of the 20 highest dividend yielding stocks of the Neiman Large Cap value portfolio. All the stocks in the portfolio pay a regular dividend. This portfolio tends to be suitable for clients that want to be invested in more mature companies that are potentially less volatile than growth stocks.

Mutual Funds (MF)

Our asset allocation portfolios are often used as the core of a client’s investment strategies. Typically comprised of 12-15 asset classes, our allocation models are very diversified portfolios, comprising either best-in-breed mutual funds or low-cost ETFs. Our allocation portfolios are strategic and will remain fully invested while periodically rebalancing. This allows advisors to utilize other strategies as satellite portfolios around their strategic core.
Aggressive MF

Aggressive 80/20

The primary goal of the Aggressive portfolio is moderate to aggressive market risk with diversified asset allocation. It will be composed of 80% Equity and 20% Fixed Income. This particular portfolio is suitable for clients wishing to have a blend of diversified equity and fixed income, but with a heavier weighting toward equity. These clients can likely accept moderate to aggressive market volatility, likely have a mid-term to longer time horizon and moderate to high downside tolerance for market risk.

Balanced MF

Balanced 65/35

The primary goal of the Balanced portfolio is moderate market risk with diversified asset allocation. It will be composed of 65% Equity and 35% Fixed Income. This particular portfolio is suitable for clients wishing to have a blend of diversified equity and fixed income, but with a heavier weighting toward equity. These clients can likely accept moderate market volatility, likely have a mid -term time horizon and moderate downside tolerance for market risk.

Conservative MF

Conservative 40/60

The primary goal of the Conservative portfolio is low to moderate market risk with diversified asset allocation. It will be composed of 40% Equity and 60% Fixed Income. This particular portfolio is suitable for clients wishing to have a blend of diversified equity, but with a heavier weighting toward fixed income. These clients can likely accept low to moderate market volatility likely have a shorter time horizon and low to moderate downside tolerance for market risk.

Very Conservative MF

Very Conservative 20/80

The primary goal of the Very Conservative portfolio is low market risk with diversified asset allocation. It will be composed of 20% Equity and 80% Fixed Income. This particular portfolio is suitable for clients wishing to be mostly risk-averse, but with access to multiple equity asset classes. These clients can likely accept low to moderate market volatility, have a shorter time horizon and low to moderate downside tolerance for market risk.

Exchange Traded Funds (ETF)

Our ETF models range from growth to income, each ETF model can be chosen with a “rotation” feature. For our rotation ETF models, we’ve added a cash component in an effort to reduce volatility and provide further downside protection. We do not intend to time the markets but instead to reduce our standard deviation by rotating a percentage into cash (10-30%). When we feel the market volatility has subsided, we rebalance back into the full model.
Growth ETF

Growth ETF

  • Equity: 95%
  • Fixed Income: 0%
  • Cash: 5%

Growth Rotation ETF

  • Equity: 85%
  • Fixed Income: 5%
  • Cash: 10%

The primary goal of the Growth ETF portfolio is aggressive market risk with diversified asset allocation. It will be composed of 95% Equity and 0% Fixed Income. This particular portfolio is suitable for clients wishing to have full diversified equity exposure. These clients can likely accept high market volatility, likely have a mid -term to longer time horizon and moderate to high downside tolerance for market risk.

Growth Appreciation ETF

Growth Appreciation ETF

  • Equity: 80%
  • Fixed Income: 15%
  • Cash: 5%

Growth Appreciation Rotation ETF

  • Equity: 73%
  • Fixed Income: 17%
  • Cash: 10%

The primary goal of the Growth Appreciation ETF portfolio is moderate market risk with diversified asset allocation. It will be composed of 80% Equity and 20% Fixed Income. This particular portfolio is suitable for clients who wish to have a blend of diversified equity and fixed income, but with a heavier weighting toward equity. These clients can likely accept moderate to aggressive market volatility, likely have a mid -term time horizon and moderate downside tolerance for market risk.

Growth & Income ETF

Growth & Income ETF

  • Equity: 65%
  • Fixed Income: 30%
  • Cash: 5%

Growth & Income Rotation ETF

  • Equity: 59%
  • Fixed Income: 31%
  • Cash: 10%

The primary goal of the Growth and Income ETF portfolio is moderate market risk with diversified asset allocation. It will be composed of 65% Equity and 30% Fixed Income. This particular portfolio is suitable for clients wishing to have a blend of diversified equity and fixed income, but with a heavier weighting toward equity. These clients can likely accept moderate market volatility, likely have a mid -term time horizon and moderate downside tolerance for market risk.

Income Appreciation ETF

Income Appreciation ETF

  • Equity: 40%
  • Fixed Income: 55%
  • Cash: 5%

Income Appreciation Rotation ETF

  • Equity: 34%
  • Fixed Income: 56%
  • Cash: 10%

The primary goal of the Income Appreciation ETF portfolio is conservative equity exposure. It will be composed of 40% Equity and 55% Fixed Income. This particular portfolio is suitable for clients wishing to have a blend of diversified equity, but with a heavier weighting toward fixed income. These clients can likely accept low to moderate market volatility likely have a shorter time horizon and low to moderate downside tolerance for market risk.

Income ETF

Income ETF:

  • Equity: 0%
  • Fixed Income: 95%
  • Cash: 5%

Income Rotation ETF

  • Equity: 0%
  • Fixed Income: 90%
  • Cash: 10%

The primary goal of the Income ETF portfolio is preservation of principal. It will be composed of 0% Equity and 95% Fixed Income. This particular portfolio is suitable for clients with an immediate income need. These clients can likely accept no market volatility and may also have an extremely low downside tolerance for market risk.

Blended Models

A blend of individual stock SMAs and ETF models.

Blend 80

A blend of individual stock SMAs and ETF models to create a target risk in the range of 70-90

Blend 60

A blend of individual stock SMAs and ETF models to create a target risk in the range of 50-70

Blend 40

A blend of individual stock SMAs and ETF models to create a target risk in the range of 30-50

Blend 20

A blend of individual stock SMAs and ETF models to create a target risk in the range of 10-30

Practical TacTical

A new series of models focused on Tactical strategies.

PT 100

Primarily equity ETF’s. 25% to LEXI and a benchmark that is 100% equity based.

PT 80

Equity, fixed income, alternative ETF’s. 25% to LEXI. Benchmark: 80% equity 20% fixed.

PT 65

Equity, fixed income, alternative ETF’s. 25% to LEXI. Benchmark: 65% equity 35% fixed.

PT 50
Equity, fixed income, alternative ETF’s. 25% to LEXI. Benchmark: 40% equity 60% fixed.
PT 25

Primarily fixed income ETF’s. 25% to LEXI and a benchmark of 100% fixed income.

DISCLOSURE: 

Each asset class has inherent risks associated with that asset class. Investments offering the potential for higher rates of return also involve a higher degree of risk. Understanding these risks is critical to making reasonable risk/return comparisons and sound investment decisions. The strategies mentioned may not be suitable for everyone. For specific advice on these aspects of an overall financial plan,  consult with professional advisors.

Managers are reviewed monthly across an assortment of Morningstar categories. Each category is reduced to the top-ranked funds based on returns, risk as well as other factors. Funds are chosen based on our discretion in accordance with Independent Solutions investment strategies to what we believe are best-in-breed money managers.

All investments involve risk, including loss of principal. Further, the investment return and principal value of an investment will fluctuate; thus, investor’s equity, when liquidated, may be worth more or less than the original cost. The adviser’s fee schedules are available in Form ADV Part 2A or upon request. Past performance doesn’t guarantee future results.

Client portfolios may contain some, but not all, of the securities that comprise the model. As such, client performance may deviate from the model depending on the allocation of client assets and the length of time invested. In examining account performance, clients are cautioned to consider other factors, including relative risk, time horizon, and individual risk tolerance among other factors.