Investment Philosophy and Process for Advisory Programs
One of Olin's favorite quotes is that "bad things are worse than good things are good," it is a mouthful but it has served us well over the years. In general, we will tend to favor investment strategies and portfolio managers that seem to perform well in up markets, but more importantly have shown an aptitude for conserving principal in down markets.1
Each client is different. We begin by helping our clients develop a picture of what they want their investments to do for them. Often time this involves a very personal vision covering multiple goals including investment income streams, family wealth transfer issues, charitable giving and more.
Once we are comfortable that we have a good sense of our client's vision, we develop a target asset allocation2 which we believe will most efficiently fulfill that vision. In essence we endeavor to act as they would for themselves if they had the time, knowledge and access to capital markets necessary to make good decisions.
Once established, client allocations are carefully monitored to help ensure that they continue to conform to client needs and our view of the markets.
1. Past performance is no guarantee of future results.
2. Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns.
Since no one investment program is appropriate for all types of investors, this information is provided for informational purposes only. We need to review your investment objectives; risk tolerance and liquidity needs before we introduce appropriate investment programs to you.