How are investment portfolios designed and managed?

After a thorough and detailed analysis of the client’s specific circumstances, an Investment Policy Statement is constructed for the client’s review, consideration and approval. Ankerstar Wealth’s primary goal is to be thoughtful, detailed and consistent when dealing with the client’s legacy of wealth.

Risk determination is an integral part of Ankerstar Wealth’s investment philosophy and aids us in ensuring that a clients investment objectives are tied into the fluctuations they are willing to endure. Upon meeting the client, advisors will have the new client articulate their investing goals as well as their investing history. Subsequently, the advisor will assign a risk number and risk range to each client account based on the conversation. The client will then approve the risk assignment via contract and outline their specific investment objectives again before investing is begun.

Once the contract is in place, the advisor will typically place the client into a “core” model through Riskalyze that aligns with the client’s risk tolerance. Any pre–discussed “satellite” (non– model) investments will also be acquired at this time (e.g. private equity holdings, individual bonds, certificates of deposit). The combination of the investments acquired will form a risk level that align with the client’s investment objectives.

After the initial investment stage is complete, monitoring of the client’s account is performed on a frequent basis, with quarterly check–ins issued through Riskalyze’s Check–In feature to determine client feelings towards the market and their own financial situation. The modeled “core” will change based on each holding’s strength as determined by the firm’s advisory board. Any change to any client account will be kept within the risk range determined in the contract. Having a risk range is critical as it allows advisors to react to specific macroeconomic conditions while maintaining the investment objectives of a client.