Veterans, Keep Your Money in Your Family | AAFMAA Wealth & Trust

Build Your Family's Financial Legacy with Military-Focused Guidance

Your financial journey as a military family is unique, and so is our approach to serving you.

You deserve support tailored to your financial mission, and choosing the right partner matters as much as choosing the right investments. At AAFMAA Wealth Management & Trust LLC (AWM&T) , you'll work with advisors who understand your service, your sacrifices, and your goals.

Benefit from a custom strategy that reflects your values, protects your loved ones, and secures your legacy. From trusted investment management to ongoing guidance, we're dedicated to securing your family's financial future, so you can focus on what matters most.

Military-to-Civilian Transition Made Simple with Trusted Guidance

I loved my experience with the AAFMAA Wealth Management and Trust (AWM&T) team. They asked about my vision for the future, and what I value — it was a very organic conversation. Then the team developed courses of action to achieve my vision; it was almost like Operational Design.

I've been with other financial teams before, and I've left because I felt they valued the transaction over my goals. This isn't the case with AWM&T. Anthony Nemanic and Erin Kinkade recognized my apprehension and alleviated my fear of transitioning from the military to retired life in the civilian sector.

Because of them, there are two things that I now know. First, I know what to do to achieve my vision for my retirement. Second, I know that I can do it. This is why I have introduced them to at least eight of my friends and fellow service-members, and will continue to share my AWM&T experience with anyone who I recognize has the same apprehension and fear that I once had.

Colonel Cory S.

Great Decision with Highly Competent Retirement Fund Management

I've been with AAFMAA for 31 years. We originally joined AAFMAA to provided our family with survivor assistance whenever the first of us passes. It's an incredible comfort to know that a group of VERY competent and caring people will be here to assist the survivor at perhaps the most difficult of times.

We joined AAFMAA Wealth Management and Trust a few years ago to manage our investments and serve as a fiduciary investment advisor. Given the turbulence of the markets in our first few years of retirement, we're convinced we made a GREAT decision to sign on with AAFMAA Wealth Management and Trust.

They've done a great job in keeping our retirement fund in good shape and advising how best to handle our Required Minimum Distributions. Our relationship managers have been kind, VERY competent, and always available to assist us. All in all, a great experience, and we recommend AAFMAA very highly.

Major Hugh B. Retired

Outstanding Results After 55 Years of Trust and Partnership

When another insurance company dropped their trust office I was left hanging without someone I trusted to handle my trust. AAFMAA was there and they take over my trust and the transfer went seamlessly. I was a happy camper.

At this same time my investment company sold their investments to another company and I decided that AAFMAA should also handle my investments. The results have been outstanding.

One of the outstanding benefits of AAFMAA is the Relationship Manager. Mine is really great and I can ask him anything and he'll get me the answer. His benefit to me is priceless. I have been a member of AAFMAA for more than 55 years and they have always been there for me. They are truly a five star company.

Gene B.

Best Experience I've Had with Personalized Financial Planning

From my initial contact with AAFMAA Wealth Management to meeting Joshua Schnelle to setting up an IRA, I have experienced nothing but the best experience. I always felt, and continue to feel, that they really listen to my wants and needs and set up a plan that will meet those factors.

I have never felt that my lack of experience was 'looked down' on. I look forward to working with Joshua and the team at AAFMAA Wealth Management in the future.

Michael S.

Professional Excellence Across All Financial Life Aspects

I have been a longterm member of AAFMAA, earlier for insurance coverage. My wife and I are now working with their Investment division and amazed at the professional level of support we are being provided for all aspects of our financial life including our investment portfolio.

Anthony Nemanic is our relationship manager and leads a terrific multidisciplinary team to help us. Their breadth of advice is all we could hope for and more at a very reasonable investment fee.

Alan Y.

Who We Are

Founded in 2012, AWM&T was built specifically to meet the unique financial needs of military families. We provide experienced, trustworthy, long-range financial planning, investment management, and trust administration services to support financial independence and security. We aim to be the premier provider of fiduciary services to members of the U.S. Armed Forces and their families by always working in your best interests.

We are proud to share the mission, vision, and values of our parent company. AAFMAA, doing business as Armed Forces Mutual, is the longest-standing, non-profit financial solutions provider supporting military families and Veterans. We consistently build on their rich history and tradition to provide Members with a source of compassion, trust, and protection. Through Armed Forces Mutual's long-standing legacy since 1879 and our financial knowledge, AWM&T is honored to provide personalized wealth management services to military families across generations.

Frequently Asked Questions

At AWM&T, our investment services are centered around you. Your dedicated Relationship Manager meets with you to discuss your goals and their timelines, risk tolerance, sensitivity to taxes, and personal investment preferences.

Your Relationship Manager then works with our military investment professionals to create an investment policy statement just for you. Then, we develop your investment strategy, build your portfolio, and measure its performance over time.

After establishing your portfolio, our investment team continues to manage and monitor your investments, adjusting as necessary to optimize returns. Your dedicated Relationship Manager keeps you informed and will meet with you to review your portfolio’s performance.

Your portfolio is custom-tailored to you. Some of the core portfolio strategies we use and how they help our clients meet their objectives include:

Equity: Primary investment objective is appreciation of principal. Income is not important. Stock exposure is 80 to 100%.
Aggressive: Primary investment objective is appreciation of principal. Income is secondary. Stock exposure ranges from 70 to 90%.
Growth: Primary investment objective is appreciation of principal. A moderate level of income is needed. Stock exposure ranges from 50 to 70%.
Balanced: Investment objectives are to preserve principal purchasing power and generate moderate income. Stock exposure ranges from 40 to 60%.
Income growth: Primary investment objective is a moderate income, and the secondary objective is preservation of principal. Stock exposure ranges from 20 to 40%.
Income: Primary investment objective is a high rate of income, and the secondary objective is preservation of purchasing power. Stock exposure ranges from 0 to 30%.
All fixed income: Primary investment objective is generating income. Appreciation of principal is not important. Fixed income exposure is 100%.

AWM&T’s investment philosophy is to do what is right for our Members, always. To keep this promise to our investors, our investment philosophy observes these guiding principles:

Proper Asset Allocation

We believe that the most important factor determining investment success is proper asset allocation that matches your long-term investment goals, timeframe, and ability to tolerate short-term market volatility.

According to one of the most highly regarded studies on portfolio performance, 90 to 95% of the returns generated by a large sampling of pension funds over 10 years were due to their asset allocation, not their security selection. In other words, an investor’s exposure to a particular asset class was more important than the specific securities within that class—demonstrating that investment success is based upon asset allocation and affirming our investment philosophy.

Diversification to Mitigate Risk

While we believe in the power of a long-term, focused, and properly allocated portfolio, we are keenly aware of the need to mitigate risk whenever possible. As such, diversification strategies are key to our investment process. By dividing a portfolio carefully among selected asset classes, an investor can maximize potential returns at an acceptable level of risk.

Active Management

Our investment process uses a combination of mutual funds and individual stocks and bonds when constructing your portfolio. We use actively managed mutual funds (where the managers seek to outperform an index through investment selection) whenever we feel that the management of that fund can deliver better risk-adjusted returns, net of taxes and fees, than a passive index approach could. We will use passive index funds to obtain our desired asset class exposure when we cannot find an appropriate active fund.

Rigorous Assessments and Reviews

We conduct a rigorous review and assessment process before any mutual fund, stock, or bond is purchased for a member’s portfolio. Once purchased, all investments are monitored continuously and adjusted as needed.

Precisely Calculated Rebalancing

We believe systematic rebalancing of assets is essential to maintaining the consistency of an investment account’s returns and risk profile. We do not use a periodic rebalancing method where portfolios are rebalanced at specific times of the year. Instead, we use a percentage-based methodology where portfolios are rebalanced whenever set parameters are reached. When an asset class exceeds a specified percentage of the portfolio, we pare back that class and move it into an under-represented class.

The cost of AWM&T’s military investment management services varies with your total investments:

1.00% per annum on the first $500,000
0.80% per annum on the next $500,001 to $2,500,000
0.60% per annum on the next $2,500,001 to $5,000,000
0.40% per annum on the next $5,000,001 to $7,500,000
0.20% per annum on the next $7,500,001 to $10,000,000
Fees negotiated on accounts above $10,000,000

The fee for a comprehensive financial plan is $3,500. Learn more about AWM&T’s financial planning.

Financial Planning, Investment Management, and Trust Services are provided by AAFMAA Wealth Management & Trust, a North Carolina Limited Liability Company wholly owned by AAFMAA (DBA Armed Forces Mutual). Physical address: 639 Executive Place, Suite 200, Fayetteville, NC 28305. Information provided by AAFMAA Wealth Management & Trust LLC is not intended to be tax or legal advice and we encourage you to seek guidance from your tax and legal advisors. Past performance does not guarantee future results. Investments are not FDIC or SIPC insured, are not deposits, nor are they insured by, issued by, or guaranteed by obligations of any government agency or any bank, and they involve risk including possible loss of principal.