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Basic Services  For
individuals or organizations desiring a "second
opinion" on their investments, Portfolio Analysis
provides a comprehensive, independent evaluation of a
client's existing portfolio(s), and any potential
investments. Because the service is
non-discretionary and does not take custody of
securities, the client makes the final decision and
implements recommendations in the manner they
determine appropriate; for example, an existing
full-service broker, a discount broker, a direct
purchase (DRIPs), or within a retirement plan.
A unique
element to Portfolio Analysis is the ability to
analyze a range of investments: mutual funds,
individual equities, fixed-income instruments,
cash-equivalent alternatives, closed-end funds,
exchange-traded funds, annuities, and other investment
alternatives. This broad, all-inclusive
perspective is vital for accurate portfolio
assessment; however, too often, investment advice is
limited to one or two types of securities.
Portfolio Analysis is independent and without
affiliation to any other investment organization. This autonomy allows for total
objectivity when reviewing a client's portfolio.
There is no bias towards one kind of investment over
another or any particular company's products.
The client's investment objective is the underlying
dictate and determining factor when conducting the
evaluation. In turn, consideration is given to
the following: the client's time horizon, risk
tolerance, income needs, tax situation, estate plans,
level of interest in investing and desire for
involvement in the process. Customization is an
important advantage to Portfolio Analysis. This
requires and in-depth understanding of the client's
objectives. When more clarification of those
objectives is necessary, we work with the client to
properly define the purpose of the portfolio(s). An extensive review of all portfolio
holdings, or potential holdings, is conducted - in
person or, if necessary, by telephone.
Typically, this is once a year but more frequent
reviews are possible if the client desires more
analysis. (Additional fees are
discounted according to the frequency of the reviews). Alternatively, a portfolio monitoring
service can be arranged for a fee. The evaluation will include
buy/sell/hold opinions on each security. It will
address the portfolio's overall past performance and
realistic, future expectation(s). The
portfolio's volatility, opportunity cost, degree of
diversification or concentration, tax ramifications,
style bias, sector exposure, overall expense factor -
and other fundamentals - will be discussed. At
the conclusion of the review, specific changes or
securities, to customize and improve the portfolio's
performance, are recommended. Additionally,
clients have ongoing access (by telephone, e-mail,
etc.) for questions pertinent to the analysis and/or
queries concerning overall market activity. Only
when these inquiries are excessive, requiring an
extended period of time, will a pro-rated consulting
fee be necessary.
In short, a second opinion "insures" a portfolio fits the individual's specific needs and all kinds of investments are considered: stocks, bonds, mutual funds, exchange-traded funds, closed-end funds, alternative investments, cash-equivalent
vehicles, covered calls, et al. |
