Our Process


Investment Process

Our investment process is clear, understandable, repeatable and easily communicated with the goals of long-term success.

Financial Planning

Manager Selection

Reviews

Risk Management

Manager Selection

The primary focus here is on income, capital preservation and cost control. Rigorous ongoing research and due-diligence is conducted on all managers and investment vehicles being used or considered. We may use separate account managers, mutual funds, ETFs, alternative investments, structured products and some individual bonds to implement our portfolios. Where appropriate, we are firm believers in the use of alternative investments and structured products, including managed futures. When the specific client’s situation dictates, we implement our proprietary discretionary management of bond portfolios, both investment-grade taxable bonds and quality tax-free municipal bonds. We also have the ability to manage special requirement accounts with discretion, including balanced portfolios, legacy low-basis stock positions, covered call writing and ETF portfolios.


Risk Management

Attention to risk is the foundation upon which we design all client portfolios. We believe that by avoiding certain risks, an investor can improve his or her long-term performance. It is our philosophy that diversification of capital is paramount in achieving positive long-term returns. Based on the Plan’s required long-term return and our longer-term outlook for the capital markets, we develop a broad target allocation for each client’s portfolio. Within this allocation we design a combination of money managers, asset classes and investment styles that are not closely correlated and have performed well in the past during volatile periods. All portfolios are regularly rebalanced. When conditions merit, we may recommend tactically “tweaking” portfolio allocations based on shorter-term market conditions or expectations.