Institutional Portfolio Services

Portfolio Management

Our independent firm delivers a custom approach to working with client portfolios. We pay special attention to client goals, risk profile and expectations while maintaining reasonable portfolio costs. 

Our Philosophy in how we Manage Portfolios :

• We believe in active management.
• We seek to reduce overall portfolio expenses by owning individual securities and we minimize or, in most cases, eliminate investment solutions with ongoing separate fees and expenses.
• We consider tax implications in our overall trading and portfolio management and seek tax efficiency for our clients.
• We utilize multiple research tools and information sources to discover our investment ideas and ultimately select the securities in our portfolios.
• We have developed a proprietary screening process that employs factor analysis to help us arrive at a targeted buy list universe.
• We combine a growth bias in equities with defensive, valuation sensitive oversight.  We are Growth at a Reasonable Price (GARP).
• We also build income focused portfolios for those investors that seek income.
• We seek equity sector neutrality and rely on effective individual security selection.
• We build bond ladders for our portfolio’s fixed income allocation.
• Bond ladders are focused on investment grade securities and we seek discounted, or low-premium priced bonds.
• The fixed income allocation is designed with the purpose of reducing overall portfolio volatility and to provide reliable income for the client.
• Our goal is to provide relative outperformance vs the equivalent custom benchmark over a full market cycle, but we are guided by the principle of liability driven investing.
• We believe in a fee–based arrangement and discretionary management to ensure that we have the flexibility and control to make changes in a portfolio in adherence to predetermined goals, guidelines and risk parameters.

Considerations in How We Manage Portfolios:

• Investment policy statement directive
• Income replacement
• Tax impact
• Asset-liability matching
• Liability-driven investing
• Spending policy guidance
• Endowment preservation
• Risk assessment and time frame with expected portfolio longevity
• low-premium priced bonds.
• The fixed income allocation is designed with the purpose of reducing overall portfolio volatility and to provide reliable income for the client.
• Our goal is to provide relative outperformance vs the equivalent custom benchmark over a full market cycle and or reasonable income to meet ongoing cash flow needs.
• We believe in a fee – based arrangement and discretionary management to ensure that we can be nimble in making changes in a portfolio in adherence to predetermined goals, guidelines and risk parameters.

Clients We Serve:

• Individuals and Families
• Trusts
• Estates
• Foundations and Endowments
• Retirement Plans
• Corporate Invested “Cash” Accounts

How we help:

• Strategic risk-based portfolio management
• Asset-liability matching
• Liability-driven investing
• Hedging strategies
• Investment policy statement development
• Spending policy guidance
• Continuity during board transitions
• Periodic, structured reviews to maintain governance and investment oversight
• Endowment preservation
• Defining the fiduciary role