INVESTMENT MANAGEMENT
Investment management involves suggesting an investment strategy, buying and selling investments, and managing the overall investment portfolio for a client. It also includes ensuring the investment portfolio continues to align with the client’s goals, risk tolerance, and financial priorities.
Investing should be easy – just buy low and sell high – but most of us have trouble following that simple advice. Some principles and strategies may enable you to assemble an investment portfolio that reflects your risk tolerance, time horizon, and goals. Understanding these principles and techniques can help you avoid some of the pitfalls that snare some investors.
I design portfolios for my clients based on their:
Risk tolerance
Time horizon
Investment objectives
For portfolio construction, I factor in the following:
The macroeconomic environment
Federal Reserve monetary policy
Industry / Sector / Regional outlook
These portfolios can be updated based on changes in the client's situation, as discussed during advisory meetings. The portfolios are rebalanced annually or bi-annually following discussions and approval from clients.
Portfolios are implemented with low-cost exchange-traded funds (ETFs) and some actively managed mutual funds. I can implement a stock sleeve in the portfolio for some clients with a higher risk tolerance. The risk of the stock sleeved is managed by taking into account the following parameters:
The time horizon for the stock investment is 2 to 3 years
The size of the stock sleeve is limited to 20% of the overall portfolio
Each stock in the stock sleeve can be no more than 2% of the overall portfolio
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