We do not believe there is one best investment in the world. Similarly, we know that there is no risk-less investment. Rather, we believe that the financial markets are fairly efficient. Therefore, we believe that investing well is usually driven, in part, by knowing how to make trade-offs that are most likely to support the goals that are truly most important to our client. We remind even our most sophisticated clients that trade-offs do exist and that all investments contain the risk of loss. Clients must be prepared to endure those risks.
While we try to take advantage of opportunities where we see them, we aspire to aid our clients in mitigating the risks we foresee. We work with our clients to help them learn how to take the actions and in-actions that are most likely to facilitate handling the challenges that are an inherent part of the vagaries of the market, the economy, and the unknown future.
We discuss our clients goals objectives, concerns and time horizons, so that we may identify their particular parameters for income, growth, tax status, tolerance for volatility/risk, and need for liquidity. If a client so chooses, we will take into consideration their parameters for social responsibility.
Generally, we believe in well diversified global portfolios in light of the global economy in which we all live and in light of research that supports the benefits of reducing risks by adding low correlation assets to an investment portfolio. At the same time, we are sensitive to the wishes of our clients. We encourage our clients to have a long-term focus for their portfolios, since short term performance tends to be far more difficult to predict.
Once we have clearly defined our client’s goal-driven investment parameters, we establish strategic asset allocation target ranges for a wide variety of asset classes such as fixed income, large cap domestic, small cap, mid-cap, developed international, emerging markets, and alternative asset classes. We add tactical tilts such as style weightings in value, blend or growth orientations; industry sector weightings, country weightings, etc.
We believe there is an opportunity for a quality investment advisor to add value. We do so by employing the principals of scholarly investment theory, providing professional focus on the financial markets, possessing the knowledge of sophisticated wealth transfer techniques, and having years of experience with a wide variety of client and market conditions.
We use our own proprietary investment strategies and couple them with an open architecture approach that utilizes other outside investment management products and managers, when we feel our clients could benefit from doing so. For clients, who’s financial condition and sophistication makes it appropriate to do so; we augment internally managed portfolios with SMAs (Separately Managed Accounts)-outside specialty asset managers, structured products, private placements, etc.
Occasionally we will accept special mandates designed to meet specific client needs that are more-narrow in focus and/or manage one portion of a larger portfolio. For example, this could be a short term investment strategy, to meet the needs of short term excess cash requirements being reserved for more than a year, being accumulated for a specific need, with specific parameters on how the funds are invested. This could be for corporate acquisition war chests, buy-out hold back funds, or for large equipment replacement reserves.
We are happy to discuss your particular situation. Please do not hesitate to call us 978-430-0150.
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