Wealth Management Process
Our Investment Program
We follow a four step process to create, implement and manage an investment program appropriate for you. We begin by conducting an analysis of your current investments, financial goals, risk tolerance and time horizon to create a comprehensive picture of your financial situation. We then formalize an investment strategy appropriate for your needs and implement the strategy. Finally, we monitor the investment strategy and make adjustments as necessary so that your portfolio remains in alignment with your goals and risk preferences.
- Conduct analysis of current investment activities relative to future cash flow needs.
- Establish objectives for risk and return.
- Review legal constraints and fiduciary concerns.
- Prepare written Investment Policy Statement.
- Analyze optimal asset allocation strategies.
- Consider various manager structures.
- Recommend overall investment strategy.
- Screen and select money managers and/or mutual funds.
- Negotiate favorable account size minimums and fees with money managers.
- Coordinate custody services.
- Provide ongoing supervision of investment program.
- Rebalance asset classes.
- Evaluate managers.
- Evaluate and report performance quarterly.
We use a diversified, multi-manager approach, with low market correlation and employ alternative strategies in addition to classic stock or bond portfolios.
Hybrid Investing is similar to the multi-manager approach used by market-neutral and opportunistic hedge fund-of-funds. However, by using mutual funds and other traditional, highly-liquid investment vehicles that employ hedge fund-like strategies, we hope to deliver to the investor a similar experience as a conservative hedge fund-of-funds in terms of absolute return, but absent many of the uncomfortable features of hedge funds.
Portfolio Design - Our 10 Point Integration Elements
- Investment Policy
- Asset Allocation
- Risk Management
- Beta Coefficients
- Historical Returns
- Duration and Convexity
- International Financial Markets
- Measuring Return on a Portfolio
- Performance Measurement and Attribution
- Due Diligence and Manager Selection