Asset Managment - A Process Tailored to You

We believe – to paraphrase Nick Murray – that beating an index is not a financial plan. An investment portfolio in and of itself is no substitute for a carefully crafted plan. Our Private Wealth asset management process is tailored to your personal situation (time horizon, tolerance for risk, income and liquidity needs, etc.), with the objective being to craft investment portfolios that coordinate with and complement the other elements of your financial plan.

Asset Location

An area too often overlooked by investment-only advisors is the location of assets across different account types. Are your tax-inefficient asset classes, where possible, held within your tax-deferred accounts? Are you utilizing low turnover and/or tax harvesting strategies in your taxable investment accounts? Recent Federal income tax increases and new surtaxes only serve to heighten the importance of prudent asset location.

Asset Allocation

Having a well-executed plan is only the beginning. The way it responds and adapts to the ever-changing financial market and your dynamic needs is where its true value lies. We believe global, multi-asset class portfolios of stocks, bonds and alternative investments have the best potential to protect your assets and generate attractive returns while minimizing risk. Several capital market studies have shown that proper asset allocation is one of the most important influences on portfolio performance.* Emphasizing asset classes and investment vehicles that have little or no correlation over a market cycle help to increase success.

Investment Solutions

We implement diversified, institutional-quality investment strategies utilizing a combination of best-of-breed institutional asset managers, boutique investment firms and passive investments. It is our role to select the investment vehicles that best suit your investment objectives, risk tolerance, and values.

*Gary P. Brinson, L. Randolph Hood, and Gilbert L. Beebower, Determinants of Portfolio Performance, The Financial Analysts Journal, July/August 1986.

Asset Allocation does not guarantee a profit or protect against loss in declining markets. There is no guarantee that a diversified portfolio will outperform a non-diversified portfolio or that diversification among asset classes will reduce risk.