About
Located in Tiburon, CA, Shorepine Wealth Management, LLC advises individuals, foundations and endowments on all aspects of their wealth management. Providing institutional level money management expertise with the care and responsibility you need in today’s marketplace is at the core of our passion. As an independent RIA (Registered Investment Advisor), we help our clients achieve their goals in the manner best suited to their unique situation and risk tolerances.
Our Specialization
Our firm specializes in providing objective, independent advice not encumbered by the need to promote any one product or service. We are held to a fiduciary standard as an RIA and will work tirelessly to find and manage the best portfolio for you (the client) not us (the firm). We work in a conflict free environment providing our service on a fee-only basis in the most efficient manner possible. Because not only is that the best thing for you, it’s the right thing.
With more than 20 years of experience in the financial industry, we are well equipped to serve our clients over multiple generations. Our firm constantly evolves to find you the best solutions to your financial well-being.
Marc W. Lieberman, CFA
Marc has spent almost 20 years in the investment industry. He embodies a unique combination of skills that includes managing portfolios ranging in size from less than $1 Million to over $600 Million, fundamentally analyzing companies as a securities analyst, working in the mutual fund industry and clerking on the floor of the New York Stock Exchange.
A lifelong passion for the markets and the business of allocating capital began during the summer of 1991 when Marc worked as a clerk on the floor of the New York Stock Exchange. During his University years Marc ran a self-directed thesis program that focused on the then nascent discipline of Socially Responsible Investing. In 1996 Marc began to work at John Hancock Funds and spent three years learning the particulars of the mutual fund industry and the business of providing advice to individuals.
In 2002 Marc joined a San Francisco Bay Area Investment Advisor and embarked upon his career in providing advice and managing portfolios for individuals, foundations, endowments and institutional investors. Marc successfully completed all three levels of the CFA examination and earned the right to use the Chartered Financial Analyst (CFA) designation in 2006. This rigorous course of study is globally recognized as the designation of distinction for institutional and private wealth money managers and analysts. CFA Charterholders are held to the highest of professional standards and adhere to the CFA Institute’s Code of Ethics and Standards of Professional Conduct.
Shortly after achieving this distinguished designation, Marc began to volunteer in his local market’s CFA Society culminating in him joining the Board of Directors of the CFA Society of San Francisco in 2008. He eventually became President of the Board of Directors for the 2013-2014 fiscal year.
During this time, Marc managed portfolios for institutional, individual and foundation investors. Marc has led teams of securities analysts in his prior role as Director of Research and has helped manage successful firms as a member of their management committees.
A lifelong learner and a strong champion for professional ethics, Marc is a true advocate for his clients and a respected member of the San Francisco investor community. Marc relishes the opportunity to bring this wealth of knowledge and experience in helping you achieve your goals.
Marc lives in Mill Valley with his wife Jill, his two sons Nate and Ryan and his strongest advocate, a black lab named Cooper.
A Comparison
FIDUCIARY STANDARD
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The advisor is legally obligated to monitor your investments after you’ve bought them.
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The advisor can not sell you investments you may not necessarily need.
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The advisor’s obligation is to put their client’s interests above their own.
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The advisor has a duty of loyalty and care to the client they work for.
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The advisor must try to avoid any conflicts of interest and must disclose any potential conflicts to placing the client’s interest ahead of the advisor’s.
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The advisor must strive to achieve the best combination of lowest cost and most effective execution when placing trades for the client.
SUITABILITY STANDARD
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The advisor has no legal obligation to monitor your investments after you’ve bought them.
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The advisor can sell you investments you may not necessarily need as long as they feel the investment is “suitable”.
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The advisor’s obligation is to make recommendations that they “reasonably believe” are suitable to the client’s financial needs, objectives and unique circumstances.
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The advisor has a duty of loyalty and care to the firm they work for.
Philosophy of the Shorepine Tree
The Shorepine (Pinus contorta) is an evergreen conifer tree found in western North America. They are commonly found near the ocean shore on the Pacific coast from Alaska to Northern California. The trees are a highly adaptable species that can grow from dunes to rocky hilltops and can endure salt spray (no small feat). When located seaside the trees take on a twisted & sculpted form due to the wind. Hence the ‘contorta’ in their name.
These trees protect inland areas from the elements of the ocean and are adaptable to changing environments. It is these protective and adaptable qualities that make the Shorepine a wonderful representative of the philosophy we bring to our work.