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CAM manages
investment portfolios for individuals, trusts,
and small businesses. CAM will work with the
client to determine the client's investment
objectives and investor risk profile and will
design a written investment policy statement.
CAM uses investment and portfolio allocation
software to evaluate alternative portfolio designs.
CAM evaluates the client's existing investments
with respect to the client's investment policy
statement. CAM works with new clients to develop
a plan to transition for moving from the client's
portfolio to the desired portfolio. CAM will
then continuously monitor the client's portfolio
holdings and the overall asset allocation strategy
and hold regular review meetings with the client
regarding the account as necessary.
CAM will typically create a portfolio of no-load
mutual funds, and may use model portfolios if
the models match the client's investment policy.
CAM will allocate the client's assets among
various investments taking into consideration
the overall management style selected by the
client. CAM primarily recommends portfolios
consisting of mutual funds offered by Dimensional
Fund Advisors (DFA). DFA sponsored mutual funds
follow a passive asset class investment philosophy
with low holdings turnover. Consequently, the
DFA fund fees are generally lower than other
fees and expenses charged by other types of
funds. CAM manages mutual fund and equity portfolios
on a discretionary basis, although CAM may request
limited authority to periodically rebalance
portfolios.
CAM may also recommend fixed income securities
(e.g., municipal securities) to advisory clients.
CAM may request discretionary authority from
advisory clients to mange fixed income assets.
Discretionary authority may be necessary to
enable CAM to purchase such assets in a timely
manner when they are available at quoted prices.
Complete fixed income portfolios generally require
a minimum investment of $500,000 although individual
bonds many be purchased. |
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