A sophisticated investment portfolio does not have to be confusing. Success is based on identifiable elements.
VOLATILE MARKETS + REAL PEOPLE
Movements that are based on emotion destroy investment success. The Aufman Associates process for investment policy development identifies and establishes a program for long-term success based on criteria that measure risk tolerance levels.
PROTECTION, THEN GROWTH
While stocks beat bonds over the long-term, bonds provide stability and protection, allowing the investor to stay invested and weather through rougher times. The minutia of investment detail is overwhelmingly outweighed by the fundamental balance between equities and fixed income. For this reason, we place a large emphasis on protection via balance.
A GLOBAL VIEW
Aufman Associates builds globally diverse portfolios able to participate in economic growth, wherever it may be. The concepts of asset diversification are merged with the stabilizing attributes of balance across asset classes and U.S. and international capital markets. Portfolios are managed on established targets to maintain exposures at all times.
KNOW WHAT WORKS
Long-term exposure to the financial world, and experience as an investor and manager form a very strong understanding of what doesn’t work and a reinforcement of what does work. What doesn’t work are glamour strategies loaded with fees, unnecessary complication, and false promises of unbelievable returns. What does work is a balanced, low cost approach that is understandable, supported by history, and follows a logical diligence process with a long-term view.
IDENTIFYING CHARACTERISTICS OF SUCCESS
It is difficult or nearly impossible for any individual to beat the market over the long-term. However, it is possible to identify talent that is able to exceed market returns in their focused area of expertise. Aufman Associates has an extremely honed process for identifying managers poised for success based on established characteristics of success. This process works, with repeated identification of managers later to be deemed the leaders in their category. The goal is to participate with those managers that will become successful, not necessarily chasing the returns of managers who were once successful.
REALISTIC AND UNDERSTANDING
Portfolios are managed for the long-term, understanding that there will always be areas of over and under performance. We guide clients to focus on the long-term and to not overemphasize the short-term. We do not chase performance.