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The Northwood Stephens investment approach follows from our
philosophy that investment management should be based first on client
needs rather than market fluctuations.
We start with a clear understanding of the objectives of each client,
through our unique Client Discovery process. We produce detailed
forecasts and cash flow projections which take into account clients’
income requirements, projected liabilities, long term capital
objectives and required investment returns, as well as inflation and
tax considerations. Overarching all of these factors is each client’s
risk tolerance and comfort level.
This information, in conjunction with an understanding of the economic
environment and investment alternatives, leads to an asset allocation
decision. It ensures a diversified, risk-appropriate portfolio
designed to achieve the client's objectives.
We then determine the most appropriate asset classes (and combination
of those investments) to achieve the desired results and select
investment managers to manage particular segments of the portfolio,
including fixed income, equities as well as alternative investments
such as private equity.
Equally important is the asset structure in which the investments are
held. Working with qualified professionals, we help clients develop a
coherent plan to ensure the most tax-effective structures are in
place, including trusts and personal holding companies.
Whether our clients’ investments are managed by one or more of our
carefully-selected roster of professional discretionary investment
managers or by our own internal investment management specialists, we
ensure a careful focus on capital preservation, meeting clients’
long-term objectives and achieving a tax-effective result.
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