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Advisor Services

  • Financial Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
  • Portfolio Management
    • -Individuals and/or Small Businesses


Funds Used With Clients

There are no funds listed for this advisor at this time.

Firm Client types



No timeline events available.
Employer Years Dates
Portfolio, LLC 12 years, 3 months Jan 2008 - Present

Designations & Memberships

  • Chartered Financial Analyst Institute
    Chartered Financial Analyst Institute
  • Certified Financial Planner
    Certified Financial Planner
    A standard certification for advisors, designees are exposed to nearly 100 topics on integrated financial planning. Major topics include, but not limited to: insurance, employee benefits, securities, state and federal tax, estate tax and planning, asset protection, etc.
  • Chartered Financial Analyst
    Chartered Financial Analyst
    Widely considered the gold standard for investment professionals, this six decade old charter is only given to designees who can demonstrate competence, integrity, and dedication to the field of investment management.

Articles and Answers

Insights by Lee Munson

Retire Rich? Never!
Published 2013-04-16 10:15:18
Have under 500k? You're Screwed! Or not . . .
Published 2013-04-01 22:00:30
401k: Why bother?
Published 2013-03-26 10:04:26
The 'dumb' money is not so dumb
Published 2013-03-25 16:15:37
    *Articles are published by advisors without compensation.


    Ask a financial questionAsk a question
    I bought shares of a certain stock a while ago, but cannot find my "Confirmation". I am now selling some of those shares and I need the Cost Basis. What do I do?
    Who told you you need this? Are the shares in a taxable or IRA account?If the brokerage firm asked you for the confirmation - you ask them if you bought it from them. If they say you didn't - ask them where the shares came from in the first place. Also, why doesn't your current brokerage firm have...  (more)
    Answered Apr 2013
    I will have two children in college this fall and need to find a way to pay for their tuition. I have a 401(k) through my employer that I am considering taking a withdrawal from. Should I use my 401(k) to pay for their college education?
    No . . . why would you do that?There are loans, grants, scholarships, and long lost rich aunts that can help kids pay for college. To my knowledge - there isn't a single loan, grant, or scholarship to pay for your retirement.I appreciate that you want to help your children, but don't put yourself...  (more)
    Answered Apr 2013
    Starting financial planning at a late stage of career life - 401(k) & IRA?
    STOP!!!Break it down in three steps:1. Do the pre-tax! You are starting late and probably not going to have a ton of income when you retire (whatever that means - let's say doing what you love full time versus your job).2. Work on doing 20% first and see if you can do it. Why? Roth IRAs on top of...  (more)
    Answered May 2013
    I worked at two different company's which had brightscope for their 401k plan. I know later work for them. How can I find out where the money is today?
    Sounds like you had two different 401k's that were listed in the BrightScope directory. You should get a statement each quarter or year. Go back to your previous employer and request the contact information of the custodian that holds the 401k assets....  (more)
    Answered Mar 2013
    My insurance agent says their are no fees for the investment products he wants to sell me.  How can he make a living if the products he sells don't have fees?
    He is a lair or a fool - or is lying and thinks you are a fool. Just ask him if he is playing with words (fees versus commissions versus underwriting concession) then go find a world class advisor that doesn't play games. I would be insulted....  (more)
    Answered May 2013
    What is your opinion of the Over-The_counter (OTC) market? Is it a viable invesment option? Do you know any honest books that describe this type of investing?
    Really? There are thousands of real companies that are liquid and earn profits. Why make this hard on yourself? There are no honest books on OTC investing - oh wait here is a title - "How to make thousands in penny stocks starting a million dollars"Better yet - why not an honest conversation with y...  (more)
    Answered Apr 2013
    My stock options have vested. Do you think I should exercise them, and then hold for long term capital gains?
    Whoa . .. Has your advisor talked to you about NUA? If not, fire them.Net unrealized appreciation is a tax strategy. In English, you may be able to take your company stock out of a 401k (or move your allocation to company stock from a deferred compensation account and repurchase in your 401k), pay...  (more)
    Answered May 2013
    I just watched Frontline's most recent documentary on the follies of actively managed accounts. Should I put most/all of my retirement savings into passively managed funds? What about all the hidden fees that are not reported in actively managed funds?
    Okay folks - the odds are against you statistically when you invest in a group of active managers versus passive managers. Then you have to define what an active or passive manager is. The line is not always clear when you compare an index funds to factor based funds available from places like DFA o...  (more)
    Answered May 2013
    Do you tend to recommend mutual funds, ETFs or individual stocks as a general rule for individual investors?
    Stop asking the wrong question. Wall Street gets you to focus on the investments and not your plan.Right question: Do you recommend we start with a financial plan and match the portfolio to the plan?Right answer: Yes! How would you know what to invest in if you never took a deep dive into your fin...  (more)
    Answered May 2013
    With markets so volatile, are leveraged ETFs a smart play?
    Stop! Leverage? Really? Then you mention dividend yield. Start over - you made a good move by not engaging in most active funds and using ETFs. It's a great start of someone who has no professional help.Don't waste your time reading how leveraged ETFs are a bad investment. You already know that. T...  (more)
    Answered May 2013
    Where on the internet can I find the ratings of 401k / 403b providers?
    Morningstar is a great place to start. HOWEVER - here is what you need to know: look at what is called the 'expense ratio' or "EXP Ratio" - hey, those are fees . . .Don't let anyone tell you your 401k is free.Also - here is a link to this weeks Frontline. It is all about how you are getting a raw ...  (more)
    Answered Apr 2013
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      U.S. Securities and Exchange Commission
      • license status
      • disclosures
      • as of date
        Mar 16, 2020
      • license status
        Not registered
      • disclosures
      • as of date
        Jan 3, 2018
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:


      Portfolio, LLC

      Last updated on Feb. 10, 2020
        • $157.9M
          Total Assets Under Management
        • N/A
          Total Assets Under Advisement
        • 563
        • $280.5K
          Estimated Average Account Balance


      Fee Only Advisor
      This advisor has certified that they are compensated soley by their clients, and do not accept commisions or compensation of any kind based on the products they recommend.

      Types of Compensation Arrangements