Client Investment Process
Determining Appropriate Investment Implementation
After we have determined the client's investment objectives and asset allocation, we then determine appropriate investment implementation through the following evaluation process:
- Consider tax-related transition liquidity issues
- Active vs. passive strategies for each asset class
- Identifying the appropriate investment vehicle (separate account, mutual fund, exchange-traded fund, limited partnership)
Manager Sourcing
Idea generation for outside investment managers can come from any of the following:
- Evercore Wealth Management's professional contacts
- Our relationship with industry-leading third-party consultants
- Our colleagues at Evercore Partners
- Our clients
Selection Criteria
The process of evaluating, selecting and monitoring outside investment managers is conducted with the same rigor that Evercore Wealth Management applies to its individual stock selection.
Tangible Criteria
- Years of experience
- Historical performance, both absolute and relative
- Risk-adjusted performance screens
- Assets under management (AUM) and growth of AUM
- Tax effciency
- Fee structure
Intangible Criteria
- Operational capabilities
- Organizational stability
- Investment process
- Regulatory issues
- Investment talent
Client Investment Process
Solutions