Our Services
CapTrust believes the success
of any investment strategy is dependent on the
following seven variables:
- Assets and Liabilities
- Time Horizon
- Contributions and Withdrawals
- Risk Tolerance
- Asset Allocation/Investment Strategy
- Taxes
- Capital Market Returns
Our Family Office Services Team offers a comprehensive
range of investment consulting services including
concentrated and low cost basis solutions, stock
diversification, corporate trustee and custodial
services, and alternative investment analysis.
By offering these services, we seek to maximize the probability
of our clients realizing their unique goals
and objectives. Additionally, our investment
consulting process includes the following:
Investment
Strategy Development
The development of a client’s investment
strategy is perhaps the most important step
in realizing a successful investment plan. It
provides our clients with an understanding of
their investment goals and objectives. The investment
strategy statement outlines the conclusions
reached by our clients and helps prevent taking
undue or unacceptable risks. | > Back
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Asset
Allocation Modeling and Design
We believe asset allocation is the most important decision
our clients must make. CapTrust starts the asset
allocation decision process by working with
our clients to define the universe of acceptable
investable asset classes. This modeling
allows us to develop the optimal asset allocation
strategy designed to meet the unique needs of
our clients. | > Back To Top
Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns.
Investment
manager search and selection
A typical manager search produces a list of
4 to 6 managers in the appropriate asset classifications.
After a discussion with our clients about the
relative strengths and weaknesses (if any),
we would move towards the development of a short
list in each category. CapTrust would have direct
conversations with each of these finalist managers
to consider such things as fees, willingness
to provide on-site presentations (if required),
current position reports, and other information
which would add to the qualitative side of the
analysis of the final contenders.
We would then provide our client
with a complete report containing substantial comparative
information on each manager on the short list.
Our clients can be assured
all managers have been carefully and thoroughly
examined before they are recommended. Our goal in the manager research area
is to provide the most cost-effective manner
to achieve above-average returns for an asset
class. Our objective is to identify managers
who we expect will succeed in the future, not just those
who have done so in the past. | > Back
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Investment
manager research and due diligence
CapTrust researches investment managers using
a computer database, as well as other published
databases, to screen over 2,500 institutional
investment managers. We screen based upon investment
performance, risk and style as well as a number
of other quantitative and qualitative factors.
We use strict criteria to create a short list
of managers that will then be used to begin
our fundamental qualitative work. We conduct
dozens of in-person due diligence meetings every
year on managers who are currently managing
our clients' assets or who are under consideration.
In our investment manager research process,
we consider all management styles: core, specialty,
active, passive, and mixes of these in client
portfolios depending on a client's objectives
and preferences. | > Back
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Past performance is not a guarantee of future results.
Investment
manager fee analysis and negotiation
CapTrust considers fee analysis and negotiation
on our clients' behalf to be one of our many
responsibilities. We review our clients' fees
for managers, custodians, and other parties
in order to help ensure they are receiving the
best service possible with the most cost-effective
fee structure. | > Back To
Top
Strategy
Implementation
We work closely with each investment manager
to ensure they understand exactly what
services we have hired them for. By doing this
we attempt to improve our client’s tax liability,
reduce transaction costs and reduce the probability
of overlapping holdings. | > Back
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Quarterly
performance measurement and reporting
We utilize our clients' custodian statements
for cash flow and asset value data. We enter
these values into our performance software to
calculate performance on a monthly or quarterly basis, net
of fees, unless otherwise instructed by our client.
In each meeting we will review performance for
the entire portfolio and for each individual
investment manager. | > Back
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Quarterly
investment meetings to review adherence to investment
plan
Cap Trust provides our clients with a comprehensive
performance evaluation report at each quarterly
meeting. We are prepared to discuss any situation
for action involving the managed portfolios
and our recommendations that can range from
targeted asset allocation re-balancing, to adjusting
investment strategy, to terminating an investment
manager, if appropriate.
Our goal is to not only review
ongoing adherence to the stated investment plan,
but also provide measurable, bottom-line value
through our professional investment experience and
advice. | > Back To Top |
