“Who will manage the portfolio according to the plan?”

Ongoing Fiduciary Wealth Management

Fiduciary Wealth Management takes responsibility for managing the portfolio.

Planning establishes what an investment account is intended to accomplish. Ongoing Fiduciary Wealth Management puts that investment strategy into practice.

Before accepting assets for ongoing management, Pointer Creek first seeks to understand the purpose of the assets, expected time horizon, anticipated distributions, tax considerations, risk tolerance and capacity, and how the account fits within the client’s broader financial circumstances.

The amount of planning necessary may be very limited for a straightforward account or substantially more extensive for a complex household, trust(s), retirement plan(s) or institutional relationship.

When Pointer Creek accepts an investment-management engagement, we assume ongoing fiduciary responsibility for the assets entrusted to our management, which may include:

• Portfolio construction and asset allocation
• Investment selection and implementation
• Ongoing monitoring of investments within the account
• Trading and regular (quarterly) rebalancing of the account
• Establishing risk management controls and monitoring
• Cash and liquidity management
• Portfolio-related distributions
• Tax-aware investment management where applicable
• Coordination among managed account types
• Investment-policy development and monitoring

Ongoing Fiduciary Wealth Management is for the portfolio. It does not, by itself, mean Pointer Creek has accepted responsibility for continuously monitoring every aspect of the client’s financial, tax, estate, business or family planning. That broader responsibility belongs within an Ongoing Fiduciary Planning engagement discussed in the previous section.

When Ongoing Fiduciary Wealth Management May Be a Good Fit

• You want to delegate day-to-day portfolio-management, trading, rebalancing, investment selection and monitoring responsibility.
• You want your investments implemented according to a defined planning purpose and investment strategy.
• You prefer ongoing professional monitoring, rebalancing and implementation rather than managing the portfolio yourself.
• Your assets and circumstances are appropriate for Pointer Creek’s investment-management platform and relationship requirements.

Not every planning client will be an appropriate fit for ongoing investment management. Pointer Creek evaluates investment-management engagements based upon the assets involved, required services, operational considerations and the economics necessary to responsibly maintain the relationship.

When ongoing investment management is not appropriate, Pointer Creek may still provide planning, investment analysis, allocation guidance and other project-based advice for assets the client manages directly or holds elsewhere.

Already Have an Established Portfolio?

Transferring an investment account to Pointer Creek does not automatically mean selling everything already in it. Before trading, we review the investments that arrive, the intended portfolio strategy and, for taxable accounts, the available tax-lot information.

Existing holdings may be retained, transitioned over time, or replaced depending on their investment merits, tax consequences, portfolio role and the client’s broader planning objectives. Our models provide an investment framework, but they are not intended to force unnecessary transactions merely for the sake of immediate uniformity.

Every transition begins with the same question: What is in this client’s best interest?

Learn more about how we transition existing portfolios →

Explore Related Investment Topics: Investment Philosophy · Portfolio Construction & Management · Tax-Aware Investing · Transitioning an Existing Portfolio