Disciplined Investment Process
At Halbert Hargrove, we offer a highly structured investment process applied with rigor and diligence. Our process is guided by our investment philosophy—that objectivity, expertise and product independence are all absolutely necessary in order to design, implement and monitor a portfolio that's appropriate for your needs.
We monitor your account continuously with a careful eye to rebalancing to maintain the risk control effects of asset allocation. We believe the level of diversification implemented in our clients' portfolios is among the highest in the industry.
Our approach embraces far more than sophisticated investment tools, approaches and technology. We believe investors need and deserve objective investment advice that is delivered in a broader context of planning issues and family goals. We work with you to establish objectives and provide ongoing reviews to ensure these goals continue to meet your expectations.
What is your time horizon?
Investing is a continuous process throughout your lifetime. A successful financial strategy must comprehend your goals, always with an eye to your time horizon — which may be extended to a larger family picture. At the beginning of each client relationship, we consider numerous factors, including goals, tolerance for risk and the client's time frame.
Halbert Hargrove's investment process follows four basic steps, each of which we consider essential to achieving a disciplined, diversified portfolio that meets your long-term goals. Our first step in working with you is to establish your investment objectives and determine your tolerance for risk.
| Step 1 — Defining Your Comfort Zone |
We help quantify your investment objectives and then analyze your responses to questions about risk and return. This helps clarify the degree of risk you are willing to take in meeting those objectives. This process needs to be revisited over time and with changes in markets and personal circumstances.
| Step 2 — Designing Your Personal Financial Strategy |
Next, we create a recommended investment strategy based on your needs. We show a probable range of results over different time periods and how these returns fit with your objectives. This review is forward looking, and it considers cash flows and new products and techniques that may impact your long-term financial goals.
To be effective, your personal financial strategy should encompass the full range of services required to ensure that your assets are protected—and a secure plan is in place for the future. At this point in the process, we might suggest consultations with other financial and legal professionals.
| Step 3 — Diversifying Your Assets |
Once we have identified an investment strategy that satisfies your criteria, we build a portfolio to meet these needs. Your portfolio will include core components representing all major asset classes, as well as a variety of specialized approaches to domestic and international stocks and bonds, emerging market equities and real estate securities. By including a number of multi-manager investment strategies in your customized portfolio, you will enjoy the benefits of broad diversification.
To give you a benchmark for your portfolio's progress over time, Halbert Hargrove provides you with a detailed investment policy in writing
| Step 4 — Deciding When to Invest |
At Halbert Hargrove, we know that investing is a process, not a one-time event. Even though financial markets are not easily predictable, strategic decisions regarding your investments must be made and implemented. With the support of our expert investment management team, these kinds of decisions can be faced with confidence.
