History
Wave 8 Wealth Management is founded on the belief that everyone deserves personalized attention and tailored strategies to achieve their financial goals.
Tom Martino, a founding member, grew frustrated with many so-called financial advisers who couldn’t explain the gains or losses in his portfolio. Despite having millions invested under professional management, his yields merely tracked market indexes.
He realized that despite advisers’ promises, no one was genuinely addressing his personal investment objectives, time horizon, or goals. This led him to uncover a troubling truth about the financial advisory industry: most advisers don’t actively manage your money. Instead, they pool your funds with others with similar goals and place them with large advisers and brokers.
In essence, most advisers attract clients, charge a management fee, and then pass those clients on to bigger advisers. The adviser you believe is managing your money is often just a “middleman” sharing fees with others up the chain.
“There must be a better way!” Tom thought.
He then turned to two trusted friends, Pat Jolliffe and Nate Harrell. Pat had decades of experience in the financial markets, and Nate was a tech genius. Using their own money, they explored various trading strategies with a focus on outperforming market trends.
In the process, Nate developed an artificial intelligence bot to analyze and track thousands of daily trades across the stock market. Then he created code to parse the data to uncover patterns among trades. This was the beginning of our proprietary AI we call, SWELL (Strategic Wealth Enhancement Learning Logic).
The first pattern identified was reverse correlation among stocks. SWELL observed that certain stock pairs almost always moved in opposite directions regarding profits and losses.
This insight led to a diversification model with promising results across various market conditions. This strategy came to be known as our Pairs Strategy Model *, which became the blueprint for our private fund.
In addition to our Pairs Strategy Model, we also leverage SWELL every day to identify smart, diversified investments for all of our portfolio management.
While past performance does not guarantee future results, we pledge to deliver outstanding customer service and attention to detail, especially since we have our own money invested in Wave 8 Wealth Management.
*Our Pairs Strategy Model creates ordinary gains and losses due to its short-term trading cycles. Therefore, the Pairs Strategy Model is best suited for qualified, tax-deferred accounts, such as a 401(k) or IRA.