| 1. |
Identify Client Objectives |
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Client specific parameters: |
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- Return objectives
- Risk tolerance
- Time horizon
- Guidelines & constraints
- Asset class selection
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| 2. |
Develop Strategic Allocation |
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Customize target allocation: |
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- Efficient frontier analysis
- Monte Carlo simulation
- "Common Sense" overlay
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| 3. |
Apply Tactical Allocation |
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Active overlay to strategic allocation: |
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- Tactical recommendations based on direction from the Asset Allocation Committee
- Specific application based upon client's asset classes and constraints
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| 4. |
Manage and Monitor |
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Consistency with client objectives: |
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- Review & refine client's long-term target asset allocation
- Rebalance as necessary to keep portfolio in line with target allocations and objectives
- Oversee individual portfolio styles
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