Quintile's investment advisory services are an integral component of our overall goals driven approach to advising wealthy families. In this approach, a client's objectives are quantified and categorized according to the nature of the need, the timeframe in which it will mature, and the level of risk the client feels is acceptable in relationship to the goal.
In a process commonly known in the institutional investment management world as asset/liability matching, once the parameters of quantification, timeframe and acceptable risk are determined, assets are set aside to meet the objective, and generally held in the optimal relevant structure from an income, gift, estate or philanthropy management perspective - e.g., trust, partnership, LLC, etc. Then, a disciplined and diversified asset allocation appropriate to the risk tolerance and time horizon is determined using modern portfolio theory based techniques, and tested using state of the art optimization and simulation models. The allocation for each pool of assets is also considered in the context of the asset allocation of all assets - which have been similarly measured and assigned to an objective - so that the client's overall asset allocation is consistent with the client's overall risk tolerance and return and liquidity requirements.
In implementing the allocation, entity by entity and overall, Quintile starts with the premise that risk should only be undertaken to the extent necessary to achieve the objective. For most of our clients, risk is not necessary, but instead is a preference. Our role is to provide clarity so that clients can be informed, deliberate and intentional about risk and return. But regardless of whether risk is a preference or a requirement, Quintile strives to achieve broad diversification both across and within asset classes to reduce the volatility that is inherent in any portfolio.
This broad diversification objective is achieved by implementing portfolios via a comprehensive array of asset class exposures including:
Given the unusually high level of wealth of our clients, Quintile is able to access "best in class" management solutions in each of these asset classes. In doing so we are scrupulously committed to maintaining our independence and objectivity. We are also painstakingly committed to controlling costs charged to our clients by other institutions, whether for custody, investment management or commissions. In addition, Quintile is rigorously attentive to pursuit of after-tax returns and actively and constantly applies tax-loss harvesting and tax-efficient investment techniques.
Finally, as part of the service relationship, Quintile monitors and reports on each manager's performance and provides clients with concise, easy-to-read reports. These reports are always put in the context of the client's overall objectives and plan, and integrated with tax, estate and philanthropy related reports that are also delivered to our clients as part of our ongoing and comprehensive service offering.
Services offered within the context of our investment advisory capability include:
