INVESTMENT MANAGEMENT
WE OFFER BEST-IN-CLASS CUSTOM INVESTMENT SOLUTIONS WHILE TAKING INTO CONSIDERATION THE RISK, COST-EFFICIENCY AND TAX IMPACT TO OUR CLIENTS
INVESTMENT PROCESS
YOUR INVESTMENT OBJECTIVES
We begin with a thorough analysis of your investment objectives, risk tolerance, time horizon, liquidity needs and any specific circumstances unique to you. Whether you are looking for current income, capital preservation or aggressive growth, we will work with you to ensure your investments are best positioned to achieve your objectives.
INVESTMENT POLICY STATEMENT (IPS)
We then draft an Investment Policy Statement, which outlines your objectives, constraints, and preferences. The Investment Policy Statement serves as a roadmap for our portfolio construction and management process, ensuring alignment with the your goals and expectations.
PORTFOLIO STUCTURE
Based on the Investment Policy Statement and after taking into consideration economic and market conditions, we recommend a Strategic Asset Allocation. This involves allocating investments across different asset classes, sectors and regions to achieve an optimal after-tax return. If you have a preference for a specific asset class, sector or region, we will customize the portfolio to ensure this is emphasized. If there is an asset class, sector or region you want to avoid, we will leave it out.
SECURITY SELECTION & DUE DILIGENCE
We then conduct rigorous due diligence to ensure the appropriate securities and investment vehicles are included in your portfolio. The factors that we consider include - but are not limited to - historical performance, investment philosophy, investment process, management tenure and internal expenses.
PORTFOLO CONSTRUCTION
We then construct a diversified portfolio of investments specifically geared to best achieve your stated goals and objectives. Your portfolio may include individual stocks, individual bonds, Separately Managed Accounts, mutual funds, exchange traded funds (ETFs) and alternative investments.
MONITORING & REBALANCING
After your portfolio is established, we continuously monitor your investments to ensure they remain aligned with your goals and objectives. We will meet regularly and rebalance the portfolio as needed to ensure it is achieving your stated objectives. If changes need to made due to a shift in your investment plans or long term goals, we will make those changes taking tax implications into account.
INVESTMENT CAPABILITIES
EQUITIES
Individual Stocks, Separately Managed Accounts, Equity Mutual Funds, Equity ETFs, Institutional Equity Strategies, Custom Index Strategies, Global Equity Portfolios, Custom Options Strategies.
FIXED INCOME
Municipal Bonds, Corporate Bonds, Government Bonds, High Yield Bonds, Structured Notes, Foreign Bonds, U.S. Treasury Securities, Preferred Stocks, Bond Mutual Funds, Bond ETFs.
ALTERNATIVE INVESTMENTS
Hedge Funds, Private Equity, Private Credit, Private Real Estate.
MUTUAL FUNDS & ETFs
Institutional share-class Mutual Funds, Index Funds, Equity and Fixed Income ETFs, Commodity ETFs, Currency ETFs, Leveraged ETFs.
ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG) INVESTING
Sustainable ETFs, Sustainable Mutual Funds, ESG focused Separately Managed Accounts.
CASH MANAGEMENT SOLUTIONS
Short-Term Government Bond Portfolios, U.S. Treasuries, Government & U.S. Treasury Money Funds.
REAL ESTATE
Real Estate Investment Trusts (REITS), Private Real Estate Alternative Investments.
7 RULES OF PORTFOLIO CONSTRUCTION
AVOID OVERLAP
Overlapping styles and holdings, even among managers, can lead to closet indexing and increased costs — both of which may reduce returns.
EXECUTE HIGH ACTIVE SHARE
Employ high-active share managers or a low-cost indexing strategy — don’t get caught in the middle.
LEVERAGE THE BEST IDEAS
Access an active management strategy through concentrated managers.
AVOID COMINGLING
Use managed accounts where possible rather than co-mingled mutual fund products — especially in active strategies.
AVOID TURNOVER
Do all you can to eliminate unnecessary trading. Turnover in any portfolio is a silent killer — especially inside of co-mingled fund product.
KNOW YOUR JUNK
Allocate to fundamental, bottom-up managers with an extensive due diligence process and help enhance returns by avoiding fund managers that tend to own a lot of junk bonds.
PROTECT THE DOWNSIDE
Reduce drawdowns and help enhance long-term returns through managers that exhibit compelling downside capture metrics.
- Townsquare Capital (Orion OCIO)