Cordant, Inc. (conducting business as Cordant Wealth Partners and herein “Cordant” or the “Advisor”) is a fee-only adviser that provides asset management and financial planning services.
Firm Information Cordant is a Registered Investment Advisor with the SEC, which is organized as a Corporation under the laws of the State of Oregon. William Anfuso founded Cordant in November 2009. Cordant is owned by William P. Anfuso, Isaac E. Presley, and Brenda McCombs. This Brochure provides information regarding the qualifications, business practices, and advisory services provided by Cordant.
Advisory Services Offered Cordant offers financial planning and portfolio management services to individuals, high net worth individuals, trusts, estates, and corporations or other businesses (each referred to as a “Client”).
FINANCIALPLANNING Cordant provides financial planning services to individuals and families as part of our comprehensive wealth management services, or, on occasion, as part of a separate advisory agreement. All financial planning work covers several areas of a Client’s financial life, depending on their goals, objectives, and financial situation. This financial planning may encompass one or more areas of need, including, but not limited to investment planning, retirement planning, personal savings, education savings, and other areas of a Client’s financial situation.
As part of the Cordant Clarity Experience process, we address the following areas of wealth: ●Financial Clarity ●Income, Cash Flow, and Retirement Planning ●Investment Management ●Estate and Legacy Planning ●Tax Planning ●And, Risk Management A financial plan developed for or financial consultation rendered to the Client usually includes general recommendations for a course of activity or specific actions to be taken by the Client. For example, recommendations may be made that the Client start or revise their investment programs, commence or alter retirement savings, establish education savings and/or charitable giving programs. Cordant may also refer Clients to an accountant, attorney or other specialist, as appropriate for their unique situation.
For certain financial planning engagements, the Advisor provides a written summary of Client’s financial situation, observations, and recommendations. For consulting or ad-hoc engagements, the Advisor may not provide a written summary. Plans or consultations are typically completed within six months of contract date, assuming all information and documents requested are provided promptly.
Prior to engaging Cordant to provide investment advisory services, each Client is required to enter into an Investment Advisory Agreement with the Advisor that defines the terms, conditions, authority and responsibilities of the Advisor and the Client. These services may include: ●Creating a Financial Blueprint – Cordant, in connection with the Client, may develop a Financial Blueprint that summarizes the Client’s investment goals and objectives along with the broad strategy[ies] to be employed to meet the objectives. The Financial Blueprint generally includes specific information on the Client’s stated goals, the time horizon for achieving the goals, investment strategies, Client risk tolerance, and any restrictions imposed by the Client.
●Asset Allocation – Cordant develops a strategic asset allocation that is targeted to meet the investment objectives, time horizon, financial situation, and tolerance for risk for each Client.
●Portfolio Construction – Cordant develops a portfolio for the Client that is intended to meet the stated goals and objectives of the Client.
●Investment Management and Supervision – Cordant provides investment management and ongoing oversight of the Client’s portfolio and overall account.
PORTFOLIOMANAGEMENT Cordant provides customized investment advisory solutions for its Clients. Cordant works with each Client to identify their investment goals and objectives as well as risk tolerance and financial situation in order to create a portfolio. Cordant will then build a portfolio, primarily consisting of mutual funds and exchange-traded funds (“ETFs”) to achieve the Client’s investment goals. The Advisor may also utilize private investments, individual stocks, bonds, options, alternative investments, and other assets to meet the needs of its Clients.
At a high level, our investment approach focuses on three areas: 1. Managing Risk – We do this by aligning a client’s portfolio to their financial plan; building globally diversified portfolios; and setting up systems to monitor portfolios daily.
2. Minimizing “Frictions” — Here we focus on minimizing unnecessary expenses that are in our control. These include fund expense ratios, taxes, and trading costs.
3. Enhancing Returns — By helping clients build diversified portfolios that are tilted towards areas of the market which have historically led to higher returns (i.e., “factors”), and stick to their strategy, we seek to maximize the returns for a given level of risk that a client can achieve.
Cordant’s investment strategy is primarily long-term focused, but the Advisor may buy, sell or re-allocate positions that have been held for less than one (1) year to meet the objectives of the Client or due to market conditions. Cordant will construct, implement and monitor the portfolio to ensure it meets the goals, objectives, circumstances, and risk tolerance agreed to by the Client.
Each Client has the opportunity to place reasonable restrictions on the types of investments to be held in their respective portfolio, subject to the acceptance by the Advisor. For example, Cordant manages ESG (Environmental, Social, Governmental) portfolios for clients.
Cordant evaluates and selects ETFs and mutual funds for inclusion in Client portfolios only after applying their internal due diligence process. Cordant may recommend, on occasion, redistributing investment allocations to diversify the

portfolio. Cordant may recommend specific positions to increase sector or asset class weightings. The Advisor may recommend employing cash positions as liquidity or as a possible hedge against market movement, which may adversely affect the portfolio. Cordant may recommend selling positions for reasons that include, but are not limited to, harvesting capital gains or losses, business or sector risk exposure to a specific security or class of securities, overvaluation or overweighting of the position[s] in the portfolio, changes in risk tolerance of Client, generating cash to meet Client needs, or any risk deemed unacceptable for the Client’s risk tolerance.
Cordant also offers discretionary asset allocation services and investment recommendations to clients regarding variable annuity products, 529 college savings plans, and/or individual employer-sponsored retirement and deferred compensation plans. We either direct or recommend the allocation of assets among the various mutual and investment choices offered by the variable annuity, 529 plan or retirement/deferred compensation plan. Your assets are maintained at either the specific fund company or insurance company that issued the variable annuity or 529 plan or at the custodian designated by the sponsor of your retirement/deferred compensation plan.
RETIREMENT PLAN RECOMMENDATIONS As part of our investment advisory services provided to you, we may recommend that you roll assets from your employer’s retirement plan, such as a 401 (k), 457, or ERISA 403(b) account (collectively, a “Plan Account”), to an individual retirement account such as a SIMPLE IRA, SEP IRA, Traditional IRA or Roth IRA (collectively, an “IRA Account”) that we will manage on your behalf. We may also recommend rollovers from IRA Accounts to Plan Accounts, from Plan Accounts to Plan Accounts, and from IRA Accounts to IRA Accounts. When we provide any of the foregoing rollover recommendations, we are acting as fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code (“IRC”), as applicable, which are laws governing retirement accounts.
Cordant will generally charge an advisory fee on all retirement assets of a client, regardless of whether they are in an employer plan or in an IRA account. In some cases, Cordant may recommend that a client roll over retirement plan assets into an Individual Retirement Account (IRA). If Cordant recommends a rollover and Cordant is not earning an advisory fee on the employer plan assets prior to the rollover, such a recommendation creates a conflict of interest as Cordant will earn new compensation as a result of the rollover. In these cases, depending on the options available to the individual, rolling over assets to a Cordant managed account could incur higher fees than leaving it in a current plan or moving it to another employer-sponsored plan. In contrast, a recommendation that a client or prospective client leave their plan assets with their old employer or roll the assets to a plan sponsored by a new employer could result in no compensation to Cordant if Cordant has not been charging an advisory fee on those assets.
In certain cases, therefore, Cordant may have an economic incentive to encourage an investor to roll plan assets into an IRA that we will manage. Due to the foregoing conflict of interest, when we make rollover recommendations, we operate under a special rule that requires us to act in your best interests and not put our interests ahead of yours.
Under this special rule’s provisions, we must: 1. Meet a professional standard of care when making investment recommendations (give prudent advice).
2. Never put our financial interests ahead of yours when making recommendations (give loyal advice).
3. Avoid misleading statements about conflicts of interest, fees, and investments.
4. Follow policies and procedures designed to ensure that we give advice that is in your best interests.
5. Charge no more than a reasonable fee for our services: and 6. Give you basic information about conflicts of interest.
Many employers permit former employees to keep their retirement assets in their company plan. Also, current employees can sometimes move assets out of their company plan before they retire or change jobs. In determining whether to complete the rollover to an IRA, and to the extent the following options are available, you should consider the costs and benefits of a rollover.
A client leaving an employer typically has four options (and may engage in a combination of these options): 1. Leave the money in their former employer’s plan, if permitted, 2. Roll over the assets to their new employer’s plan, if one is available and rollovers are permitted, 3. Rollover to an IRA, or 4. Cash out the account value (which could, depending upon the client’s age, result in adverse tax consequences).
There are various factors that Cordant may consider before recommending a rollover, including but not limited to: 1. The investment options available in the plan versus the investment options available in an IRA, 2. Fees and expenses in the plan versus the fees and expenses in an IRA, 3. The services and responsiveness of the plan’s investment professionals versus those of the firm 4. Protection of assets from creditors and legal judgments, 5. Required minimum distributions and age considerations, 6. Employer stock tax consequences, if any, 7. Plan’s withdrawal options or limitations, before and/or after retirement No client is under any obligation to roll over retirement plan assets into an IRA account.
Wrap Fee Programs Cordant does not manage or place Client assets into a wrap fee program.
Assets Under Management Adviser manages the following amount of discretionary and non-discretionary client assets calculated as of December 31st, 2023: Discretionary:$266,741,032 Non-Discretionary:$5,619,328 Total:$272,360,360