Personal CIO (Chief Investment Officer) Service
The Personal CIO service is our attempt to offer you easy, direct, modular access to high level, professional investment expertise. As an active manager, we are constantly reading, researching, and analyzing the markets and these activities yield uniquely valuable insights. The Personal CIO service is designed to leverage these insights so you can get the most out of your investment journey without being burdened by recurring fees.
Listen to a summary of the Personal CIO service:
It's time for a fresh approach
Consumers of all types of products and services are migrating from stale and unattractive offerings to new ones that offer higher quality, are more sustainable, and that their providers care about. This is just starting to happen with investment services which have been slow to adapt to changing consumer needs as many legacy firms struggle to manage old business practices and IT platforms. Read more ...
We believe:
- There is a lot of friction in the delivery of investment expertise
- There are a lot of specialized investment providers but few with the depth and breadth of perspective to knowledgeably guide investors with respect to macro views and asset allocation
- These challenges apply to individual and institutional investors alike
- It is hard to gain access to such expertise on an unbundled, as-needed basis
The changing investment landscape
Just as water receding in a river can reveal rocks and other obstacles that were not apparent before, so too is the investment landscape changing in ways that reveal new obstacles and challenges for investors. Unusually strong returns for risk assets over the past 30 years have vastly diminished the need for investment strategy. The prospect of weaker returns over the next 30 years raises several higher-level questions such as determining the conditions under which exposure to risk assets should be minimized or avoided altogether.
Over the last 30 years, any asset allocation at all would have led to pretty much the same (very good) return.
Ben Inker, GMO, "Breaking Out of Bondage", April 30, 2015
During the '90s, Forrest Gump could have managed a successful investment firm. Not missing a beat, an audience member shot back, "He did!"
Jim Ware, High Performing Investment Teams
Don't you want your investment strategy guided by someone who knows where they are going?
To an indefinte optimist, the future will be better, but he doesn't know how exactly, so he won't make any specific plans. He expects to profit from the future but sees no reason to design it concretely.
Peter Thiel, Zero to One
You aren't the only one. Even the largest institutional investors are re-evaluating their resources in order to deal with these challenges
The needs of institutional investors have changed. They need to know what's behind the investment strategy. Not just performance, not just the people managing the strategy, but also what the manager's fundamental view is on how markets misprice securities and how the manager will profit from using that knowledge. |
Institutional investors desperately want knowledge transfer for the purpose of improving the asset allocation and returns of their whole portfolio. How can I use your expertise to solve X problem? |
"Investors turn to managers for strategy, macro advice", Pensions and Investments, September 17, 2012
Sovereign wealth funds increasingly are turning to their money managers for their intellectual capital, rather than their skills in any particular investment strategy.
"Managers' ideas, not investing, increasingly are what funds want", Pensions and Investments, July 13, 2015
Personal CIO Options
Get started
Assessment SessionKEY FUNCTIONS
Assess situation Identify opportunities Discuss next steps BENEFITS
Start progress towards goals Alleviate concerns Reduce uncertainty Independent analysis BEST FOR
Mass affluent and HNW investors Advisors Family offices and small institutions TIME FRAME
~ 30 minutes COST
No charge |
Navigate
Personal CIO by the hourKEY FUNCTIONS
Synthesize key points Provide context for decisions Objectively assess alternatives BENEFITS
Leverage resources Get confidence Save money Independent analysis BEST FOR INVESTORS WHO ARE
Research intensive Risk aware Value conscious TIME FRAME
As needed COST
$300/hour |
Guide
Personal CIO projectKEY FUNCTIONS
In-depth analysis Presentations Education BENEFITS
Guide efforts Educate constituents Support fiduciary responsibilities Independent analysis BEST FOR
Advisor client presentations Investment committees Research projects TIME FRAME
Variable COST
Negotiable |