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Guide, Plan, Achieve

Portfolio Management , Comprehensive Financial Planning & Protection Planning in person in Newton, MA and virtually Nationwide

Get to Know Our Firm

Our 30 Years of Experience
Will Enhance Your Financial Well-Being

At PSI, we specialize in creating and managing customized investment portfolios for clients who are looking for personalized wealth management services combined with a holistic financial planning approach from experienced professionals they can trust. 

As experienced professionals, we work hard to create effective strategies to:

Accumulate Wealth

Save for Retirement

Reduce Taxes

Protect Family & Business Interests

We Always Act as a Fiduciary

As fiduciaries, we are legally bound to put your interests ahead of our own. The fiduciary duty is the highest standard of care and the essence of our approach is based on this pledge - to act in your best interest.

At PSI, we strive to be a resource to co-create a roadmap to help you reach your goals. Together, we will adapt strategies based on a diverse blend of proven financial theories, tools and skills, and draw on more than three decades of experience and training.


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What Makes Us Who We Are 

At Prime Solutions Investments

Five Principles Guide Our Actions:

Integrity

Competency

Knowledge

Professionalism

Work Ethic

With these values in mind, we focus on your individual needs and work in collaboration with you and your other advisors to achieve your lifetime goals and objectives.

Our Recommendations


We base our advice on what decades of financial research have shown to be a prudent way to invest. More importantly, it means getting to know you, your family and your dreams in order to craft a plan that  improves the most important aspects of your life.


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Our Mission

At PSI, our aim is to help you achieve financial freedom by providing the best financial advice. This is based on:

Active Listening

Prudent Education

Decades of Scientific Research

We strive to offer excellence in customer service through an unwavering commitment to our clients. This includes a continued focus on improving our process.

Our Vision

We want to clearly understand your financial values, goals and concerns in order to help create an action plan to reach those objectives. We partner with you in a long-term, trusted financial advisory relationship and strive to deliver tailored objective advice to give you, our client, the freedom to pursue your own passion and dreams.



Get to Know Our Team


Get to Know Your Team

Hamid Omid, CFP®, ChFC®, CIMA® Photo

Hamid Omid, CFP®, ChFC®, CIMA®

Founder
Read Bio
Hamid Omid

Hamid Omid, CFP®, ChFC®, CIMA®

Founder

Hamid brings over 30 years of financial expertise to each client. He started his career in the financial services industry in 1989 as an account representative for MetLife. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Financial Consultant (ChFC®), Certified Investment Management Analyst (CIMA®) and holds a master’s degree in Financial Services.

Hamid currently lives in Belmont, MA with his wife and son. Born in Iran, Hamid is also fluent in Farsi (Persian).

www.linkedin.com/in/hamid-omid


Carol Burak Photo

Carol Burak

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Picture coming soon

Carol Burak

Carol has over 30 years of diversified operational and financial experience. She holds a master's degree in business administration from Boston College and has worked in high tech as well as at Sun Life Financial and the Federal Reserve Bank of Boston.

www.linkedin.com/in/carol-burak-87248710




Mutual Advisors

We are supported by Mutual Advisors LLC, an SEC Registered Investment Adviser founded in 1982. Their fundamental purpose is to provide independent investment advisors with the regulatory framework, compliance oversight, asset management solutions and technology excellence they need to succeed in a competitive market



Tailored Solutions 

To Simplify Your Financial Complexities

Portfolio Management


The foundation of our asset management process is controlling risk and our strategies are designed to outperform on a risk-adjusted basis. We follow a strict quantitative and qualitative due diligence process to analyze, select and monitor pools of active and passive strategies such as:


Individual Securities

ETFs

Institutional Share Mutual Funds

Alternative Investments

We emphasize risk control by investing in what we believe are high quality, long-term investments that will earn profitable returns at the right price for you.


The Process

Your portfolio will be blended to match your risk profile. We do not rely solely on investment models or style boxes; therefore, we have the flexibility to use a variety of elements for your portfolio. By allocating risk among various asset classes, our objective is to maximize total portfolio returns while keeping total risk at a minimum. 

A properly structured portfolio begins with understanding you, your current financial position and your needs and goals. You determine the level of risk and engagement, we take care of the rest, including:

  • Allocating assets.
  • Monitoring portfolio performance.
  • Managing security selection.
  • Reporting to ensure alignment of your goals and objectives.

Portfolio Management Philosophy

Our approach is based on established facts and real evidence, not speculation. We believe that thinking and acting for the long-term is paramount and this lies at the center of how we manage client portfolios.

With a balanced investment plan and consistent communication, we help you reach your financial goals and objectives. We believe investors who develop, implement and follow a plan have a higher probability of achieving their goals than those who act on their emotions or make frequent changes based on the events of the day.


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An Ongoing Process to Help You Make Informed Financial Decisions

At Prime Solutions Investments, financial planning begins with helping you articulate the things that are important to you. As such, we work with you to design a roadmap, starting with a full assessment of your financial situation and goals - and to provide you with a plan of action to reach those goals.

Solid financial advice involves several factors, but it all starts with your advisor’s role in understanding your unique financial goals and objectives. We can then use that information to set up a customized financial plan for you.

Financial Planning Process

Financial Planning Philosophy

As opposed to a one-time event, financial planning evolves over time to address constant changes in your life. At its core, financial planning is about you engaging with your money. We believe that it is not about buying products - because as important as they can be, they are not the whole picture.

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Protection Planning for Your Future

What is the purpose of growing your wealth if you cannot use it to protect the people that matter most? As part of our financial planning process, we will develop a full understanding of your goals in order to help you put together a plan using different available services and products such as:

Life Insurance

Disability Insurance

Long-Term Care Insurance

Fixed or Variable Annuities

As life changes, we will regularly monitor and review your plan to ensure the programs and strategies in place remain effective.

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Client Login and Resources

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Charles Schwab
Fidelty


Client Engagement Standards


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Whether you have a specific question or are interested in the scope of our services, we look forward to helping you. Let us know what we can do for you by using the submission form below.