Private Client Services
Portfolio Management
Our objective is to provide you with a sound investment plan that is built around your individual investment needs. To this end, we employ an objective advice-driven process where we listen to your investment goals and then select the solutions designed to help you achieve them. Every step we take is determined by the investment strategy approved by you. In addition, we help ensure that you are regularly informed of the progress of your portfolio so that you can understand how you are tracking toward your goals. Below are some of the core portfolio services we specialize on with our clients:
Investment Policy Design
Working closely with each client, we evaluate and prioritize investment objectives, which serve as the basis for their Investment Policy Statement (IPS). The IPS details the investment plan's return goals, risk tolerances, investment guidelines, and responsibilities of the fiduciaries, custodians, investment managers, and investment consultant.
Investment Strategy Design
Using modern portfolio theory, we work with you to determine the asset class structure with the greatest potential to help each client reach their return objectives and satisfy their liabilities or spending policy. During this process, we construct multiple efficient asset allocation scenarios to compare and evaluate
Security Selection
Thorough and ongoing research is the foundation of our consulting process. We continuously examine investment vehicles and structures to identify the most appropriate and effective investments for our clients. Recommendations are based on thorough qualitative and quantitative analysis, and third-party analysis and software.
Ongoing Portfolio Monitoring
Monitoring occurs at a number of levels. First, we ensure the portfolio remains in line with our recommended asset allocation weightings. When the allocation moves beyond our set ranges, we will recommend steps to bring the portfolio back into line. We keep a watching brief on the individual investments in the portfolio. If they become unsuitable because of poor future prospects or changes in investment managers for example, we recommend appropriate changes.
We help provide the discipline and impartiality that is often lacking when investors try to manage their investments themselves, and provide regular reports so you can easily judge the performance of your portfolio.
Retirement Planning
Many clients are interested in help with regard to retirement planning. Most are especially concerned about how much they need to accumulate, when they can retire, how to spend down their assets in the most tax-efficient way and finally to distribute assets to their heirs upon death. Cross Creek's retirement accumulation and distribution planning services address the following:
- Discuss with client how to invest and accumulate assets for retirement during their working years.
- Perform retirement calculations both before after retirement to determine if the client assets will be adequate to live on
- Advising clients as to what assets to spend down
- Guiding clients through complex regulations regarding the distribution of assets from IRA's and other retirement plans in the most tax-efficient manner
- Facilitating the planning and transfer of assets to the client's heirs