At Raskob Kambourian, we are constantly in search of the best investment products to offer our clients. In addition to equities, bonds, mutual and exchange-traded funds, we also offer clients an assortment of alternative investments. Recently, our suite of investment products has been enhanced with the addition of mutual and exchange-traded funds that provide protection against market volatility. Additionally, given recent changes in the tax code, alternative investments in qualified opportunity zones provide investors the opportunity to realize both capital appreciation and favorable tax benefits. We have evaluated opportunity zone funds and believe they provide an attractive opportunity for certain clients.
The core of our approach to constructing client portfolios is the creation of our “Fundmaster.” The Fundmaster is a list of approximately 550 mutual, exchange-traded, and socially responsible funds that have been approved by our Investment Committee. The funds that make the list have been screened across a number of quantitative and qualitative criteria such as past performance, fees, manager tenure, and investment philosophy/process. These funds are the best in the market and represent our attempt to identify top-performing funds for use in client portfolios. While past performance is no guarantee of future performance, we are confident in the ability of these funds to continue to deliver strong performance going forward. We periodically evaluate the funds and if we believe a fund no longer meets our criteria, it is removed from the Fundmaster. To date, our objective process has been successful in identifying many top-performing funds from fund families such as BlackRock, Dimensional Fund Advisors (DFA), JP Morgan, Parnassus, PIMCO, and Vanguard.
To evaluate investment products beyond mutual and exchange-traded funds, research is conducted, and the investment is thoroughly vetted and approved by our Investment Committee. Investments in this category include alternative investments such as real estate and hedge funds, private equity funds, and oil and gas investments. The use of these products is client specific with risk parameters firmly in place given the unique nature of these investments. As previously mentioned, we have evaluated opportunity zone funds and have approved this alternative investment for certain clients.
As an independent, fee-only financial advisory firm, we employ an unbiased and objective process to select the investment products we use in client portfolios. We do not sell any products or collect any commissions on the sale of products. Additionally, we are not beholden to any specific fund or fund family and always seek to select the investments that will best achieve the goals of our clients. Whether this involves active, passive, socially responsible, alternative, or some combination of the aforementioned investments, our goal is to construct a portfolio that results in success. And part and parcel in this process is staying on top of the market to identify new investment products that provide an attractive risk/reward proposition. We just recently added several new investment products that meet those parameters and we will continue to do so as we move forward. Please give us a call to learn more about our new investment products and how they can assist you in achieving your financial goals.
Raskob Kambourian Financial Advisors is an independent, fee-only comprehensive financial advisory firm registered with the Securities and Exchange Commission. We offer expertise, competitive pricing, and personalized financial services to meet your “Life Planning” needs.