Enhancing asset accumulation for the families that employ us is a vital
service that our firm provides and our investment management is specifically
designed to cater to high net worth families. Our institutional investment
model allows our consultants to assist each family in developing and maintaining
a comprehensive and well-conceived portfolio structure. The firm's focus on high
net worth families has resulted in portfolios managed for trusts, partnerships,
foundations, qualified plans, and corporations as well as individual
portfolios. Each portfolio is constructed and tailored to the specific and
unique needs of each client or entity under the family’s
care.
Asset Class Modeling Combinations of asset
classes are modeled to create the proper allocation of each portfolio.
Asset classes included in this analysis are domestic equities of different
market capitalizations, non-U.S. equities and various fixed income asset
classes.
Portfolio Manager Selection Institutional-level portfolio
managers specializing in management of the various asset classes are used to
manage each portfolio. Quantitative data regarding portfolio manager
performance, consistency, style and risk as well as each firm’s structure,
ownership, tenure and other qualitative data are presented as part of the
selection process.
Income Tax Considerations Maximizing after tax returns is
a critical priority for taxable portfolios. Since most of the portfolios
under our care are taxable, our consultants use various techniques with a goal
of maximizing after tax returns. Harvesting of losses, deferral of gains
and selection of tax efficient portfolio managers are critical components of our
investment process.
Ongoing Evaluation Quarterly reports are generated for
each portfolio to confirm the allocation is within guidelines and to evaluate
the performance of each portfolio manager and the performance of the portfolio
as a whole. Performance comparisons are made both to appropriate index
benchmarks and to groups of portfolio managers with similar style.
Portfolio and family objectives are reconfirmed and adjustments are made as
necessary.