Portfolio Management

Wealth Management | Socially Responsible Investing | Case Stories

One of the most important decisions we help clients make involves asset allocation: determining which assets to include, where to include them and in what proportion. After developing an appropriate strategy, we build and manage customized portfolios to reflect clients’ objectives.

Another important consideration is risk, which we seek to control by creating diversified portfolios. We believe diversified portfolios with relatively low turnover can provide excellent risk-adjusted, after-tax returns over the long term. For equities, we favor a combination of cost- and tax-efficient index funds, discounted closed-end funds and a mix of individual stocks covering a wide range of industry sectors. For fixed income, we utilize a ladder of high-quality, investment-grade bonds and hold them until maturity or call. We also typically employ preferred securities, certificates of deposit, and fixed-income closed-end and index funds.