Thorough and Ongoing

We begin by gaining a strong understanding of an organization.   This approach determines the flexibility needed to respond to changing risks taking into account an organization’s operating environment, strategic plan, liability structure and required return on investments. 

Before constructing asset allocation or investment strategies, we consider elements such as cost of capital, cash flows, capital needs and financial ratios relative to bond covenants. 

This understanding becomes the basis for asset allocation, investment policy development, risk management strategies, portfolio construction, and manager selection.  Customized performance reporting provides tools to evaluate and oversee the progress towards realizing the purpose of the assets.

Our approach is ongoing.  Annual reviews and participation on planning and budgeting calls help to ensure the continued appropriateness of investment strategies.