Markets are unpredictable. Costs are forever. The lower your costs, the greater your share of an investment's return.
– Vanguard’s principles for investing success –

Low Cost Financial Advisor in Reno, NV

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What’s the best way to achieve higher investment returns?


Focus on your costs, which include fees charged by mutual funds and financial advisors.
Since opening our doors to Reno, Nevada in 1994, Sensible has adhered to a few basic rules:
Be nice to people.
Keep things simple.
And don't charge high fees.
We provide the same high touch service and the same investment recommendations as higher priced advisors.
By paying lower advisory fees (much lower!), you keep more of what you earn.
It’s a more
Sensible way.
Lower fees
Higher expected


Wealth Management Services
Sophisticated investment advice at a very low cost: That’s what clients expect from Sensible.
Retirement Planning
We can also deliver retirement planning for an additional fee.

Meet Our Team

Our Location

Sensible Portfolios started offering low cost financial services to Reno, Nevada in 1994 with the goal of providing higher investment returns at a low fee.

Sensible Portfolios - Wealth Management Advisor in Reno, NV

Any return on your investment is good news. But if you’re paying sky-high advisor fees, you aren’t getting the highest returns you could be.

That’s where we come in. At Sensible Portfolios, we believe that quality financial advisor services don’t need to cost a fortune. We charge much lower fees so you can keep more of what you earn.

If you’re searching for a fee-only financial advisor in Reno, NV, we can help.‍

Our Values

We started offering fee-only financial wealth management in Reno, NV, nearly 30 years ago, in 1994. We built a business around three core principles:

● Be nice to people

● Keep things simple

● Don’t charge astronomical fees

We’ve adhered unwaveringly to these rules ever since. It’s the sensible way to make a difference in our clients’ portfolios and their lives.

Investing doesn’t have to be complicated to be profitable. You just need an experienced financial advisor on your side.

Affordability Without Compromise

We don’t just believe in delivering affordable wealth management services. We also believe in delivering you the same quality service as higher-priced advisors, only without the high fees. Along with lower fees, you get higher expected returns and the same outstanding service.

When we say that you get the same service with us as you’d get with an advisor who charges many times the price, we mean it.

Good financial advisors make use of their expertise when making investment recommendations, but they also rely on sophisticated investment software. Sensible uses the same software, which means you get the same high-quality recommendations at a fraction of the price.

You’ve heard the old saying that you get what you pay for. With us, you also get what you don’t pay for.

Some of the Lowest Fees in the Industry

Many financial advisory firms advertise low fees, but few will actually tell you what those fees are up front. We’re proud to offer fee-only financial wealth management in Reno, NV, and we believe in complete transparency from the start.

Here are our flat fees based on the size of your investment portfolio:

● $0–$299,999.99: 0.43 of one percent (or 43 basis points)

●      $300,000.00–$999,999.99: 0.35of one percent (or 35 basis points)

●      $1,000,000.00–$1,999,999.99:0.30 of one percent (or 30 basis points)

●      $2,000,000.00 and above:fixed annual fee of $6,000

We offer retirement planning as aseparate service, and fees for retirement planning will vary based on thecomplexity of your current retirement plan. Contact us today to request aretirement planning quote.

Our Services

Our fee-only wealth management in Reno, NV, includes both portfolio management and retirement planning to help you manage every aspect of your present and future wealth.

Investment Guidance

We specialize in offering sophisticated, personalized investment advice at a very low cost. Even if you’re fairly financially literate, venturing into the world of investments may prove to be confusing.

But when you have the help of a knowledgeable advisor, you gain the tools you need to make smart, profitable investment decisions and keep your finances on track as you move toward the future you’ve been working to build for yourself.

True to our creed, our team keeps it simple with a two-part approach:

● Portfolio Review: Our advisors take a close look at your portfolio and help you determine whether your risk levels and current investment choices are consistent with both your financial needs and your risk tolerance

● Financial Wellness Checkup: We take a comprehensive look at your finances and assess how well you’re doing and what areas might need improvement

We understand that every person’s financial situation is different, which is why we custom-tailor our advice to your needs and goals. A strong, diversified portfolio is one of the best ways to build and maintain durable wealth. We want to help you get there.

We also believe you have the right to make informed decisions about your finances, not just blindly follow your advisor’s recommendations.

Our team can break down complex financial topics and concepts in a way even someone with no background in finance can understand. When you’re empowered with knowledge, you can take control of your financial future.

Retirement Planning

Although we primarily offer financial wealth management in Reno, NV, we also offer retirement planning to interested clients. However, it’s a service we offer for an additional fee.

Too many people make the mistake of not planning for retirement at all. This approach can severely diminish your quality of life down the line. It also can lead to substantial financial anxiety as you approach retirement age. If you want to ensure a restful, fulfilling retirement, planning is essential. But how do you begin?

It’s never too early to start planning for retirement, and our team can help you do that. We aim to increase your post-retirement standard of living, and we can show you how the financial choices you make now can impact your finances for years to come.

Saving for your retirement is important, but so is coming up with a plan for using those funds when you eventually retire.

Our team can also help you develop a Social Security strategy and a drawdown plan for your existing retirement funds. We can also help you work through any barriers preventing you from saving enough for a comfortable retirement.

Advice in Your Best Interests Every Time

Our team offers fiduciary investment advice. Fiduciary advice differs from the advice you’d get from a traditional financial advisor in one major way: it’s guaranteed to be in your best interests.

Financial advisors without a fiduciary duty may still give you helpful advice. However, because they may earn commissions or other kickbacks when you purchase certain investment products, their own interests may influence the recommendations they make.

The Fee-Only Advantage

Our advisors offer fiduciary advice and receive no commission — they’re only paid via a management fee  from their clients. Choosing a fee-only financial advisor in Reno, NV, has several major advantages:

●      It eliminates the influence commissions may have on an advisor’s judgment

●      It allows you to keep more of your investment returns

●      It lets you know exactly how much you’ll owe us up front

Some fee-only financial advisors charge exorbitantly high fees to make up for the lack of commission pay. Not Sensible. Our slogan is “High value. Low fees,” and we stand by it.

Meet Our Team

Sensible Portfolios is a family business, and we’ll treat you like family too. Our team members have the experience and credentials to give you the financial boost you need.

Of course, before you choose your financial advisor in Reno, NV, it’s important to know a little about their qualifications and experience in the field.

Darrell Armuth, our founder, is a Certified Public Accountant (CPA) and a Registered Investment Advisor (RIA). Since founding Sensible Portfolios in 1994, he’s helped hundreds of clients achieve their financial goals.

Lena Armuth, our investment advisor representative, is currently a Candidate for CFP® certification.

Our Investment Products

Financial advisor fees aren’t the only places clients like you lose money. If you’re investing in high-fee mutual funds, you’re likely paying much more in fees than you need to.

Over time, those fees can make a significant dent in your returns. Consequently, you might be paying more than you realize.

At Sensible Portfolios, our central mission is and has always been to recommend low-cost investment products that let you keep as much of your returns as possible. To give you more options, we offer both Dimensional Funds (DFA) and Vanguard Funds for your consideration.

Partner with a Trustworthy Wealth Management Advisor in Reno, NV

Sensible Portfolios has been proudly serving the Reno area since 1994. Our services have helped countless clients achieve financial wellness and peace of mind, and we invite you to become the next addition to the Sensible family.

If you’re looking for affordable, high-quality fee-only wealth management in Reno, NV, contact us to book a call today.