Portfolio Design

Client Risk Profile

Each client’s portfolio is custom designed, and assessing risk tolerance is paramount to the process.  In order to determine the right amount of risk a client’s asset allocation can accept to meet their objectives, we make the time to listen.  Planning meetings can be all encompassing and often involve the discussion of non-financial matters in an effort to integrate our clients’ life goals into their financial plan.  Our discussions lead us to an agreement on the levels and types of risk that are appropriate for a given client’s situation.

Cash Flow Analysis

Among the most important variables to weathering any investment climate is that cash flow can be generated to meet all lifestyle requirements.  We model cash sources and uses to ensure that assets are positioned to meet any forecasted need.

Investment Policy Statement

Once the right risk profile and cash flow requirements are properly determined, we often establish an investment policy statement to accurately reflect the long term goals of our client and the investment thought process from which to attain them.  This statement serves as a guideline, and is revisited when potential changes to the portfolio are proposed.

Asset Allocation & Implementation

A client’s risk profile, investment horizon, liquidity and cash flow requirements are all assimilated into an investment policy and ultimately implemented through an asset allocation.  Asset allocation is a dynamic process that is reviewed frequently to adapt to our outlook and to the changing needs of our clients.  A detailed historical analysis of the capital markets is supplemented by our view on how the future may vary to help us to make the right choices for each client situation.  Our independence means that we have access to best in class managers across all asset classes.