Evaluate the client's investment goals and lifestyle aspirations.
Conduct a thorough review of the client's existing portfolio.
- Construct a financial plan that strikes a balance between aspiration and reality;
- Design a sensible asset allocation framework and;
- Outline a corresponding investment program.
Build a robust portfolio, taking into consideration WHI's own views of the prevailing risks and opportunities in the marketplace and the clients needs and objectives.
Over time, manage the client's portfolio in a thoughtful and responsible manner, and continue to ensure the proper alignment between this portfolio, the prevailing market and the client's current goals, objectives, and needs.
At WHI, our investment management approach is predicated on the notion that a sensible asset allocation framework provides the basis for a properly constructed portfolio.
WHI’s Asset Allocation Committee is comprised of a handful of our most senior investment professionals who possess more than a century of collective investment experience. This committee conducts a quarterly asset allocation review, which is informed by the views of WHI’s investment teams as well as the outlooks of some of the most prominent institutions and astute investment managers globally. From this review we establish our own prospective views of the market, including specific asset classes, geographies, and strategies where we expect there to be the potential for outsized returns and/or significant risks.
After overlaying upon this a quantitative framework to assess expectations for prospective correlations among asset classes, our team establishes a “Neutral” strategic asset allocation (for a typical, risk-neutral client), from which our team then defines more conservative and more aggressive portfolios as alternatives. We further tailor these allocation models to suit the specific goals and objectives of individual clients.
These models are modified, from time to time, to enable us to maintain longer-duration, balanced asset allocation targets while retaining the flexibility to make periodic tactical modifications to client accounts, thereby providing shorter-term opportunities to realize outsized yields.
We believe that this asset allocation process, along with a comprehensive understanding of a client’s needs, objectives, and constraints, will enable our team to design client portfolios that are properly balanced and likely to yield robust long-term investment returns while taking proper consideration of investment risks, liquidity constraints, and the client's current cash needs.