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Two different investment philosophies proposed in 1952 have inspired many modern investment studies. Namely, mean-variance optimization (modern investment theory; MVT) identifies the lowest risk for a given target return, and in mean-variance utility (MVU) approach, investors use the risk-aversion coefficient to determine their portfolio choices. Then portfolio optimization with mental accounts (POMA), which connects the MVT and MVU settings to a behavioral portfolio-style problem, was introduced. In this paper the authors present a POMA closed-form solution with the threshold return relative to the orthogonal portfolio on the mean-variance frontier. They employ the \\(t\\)-statistics of stepwise regression coefficients to sort the suboptimal subset of assets. 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