- Your current risk exposure and portfolio allocation
- Our recommended investment strategy
- Diversification across asset class and geographic location
- We will design the optimal investment portfolio for your needs
- We will determine the necessary asset mix & expected rate of return to meet your financial goals
Managing Your Investments
We provide you with a flexible, but well defined, wealth management process, which allows us to customize your financial plan. Through this process we engage you in a relationship so that you are informed about the strategies we are using to assist you in managing your wealth. One of the overriding considerations inherent in our wealth management process is risk identification and management. It is this fact that makes the Orme Advisory Group the sole financial advisor to most of our clients.
Investment Policy Statement
This part of the process will help to identify your personal investment objectives and assist in recommending an appropriate solution to meet your stated investment goals. This policy serves as the basis for which portfolio performance will be measured and monitored.
- Investment Selection
- Performance
- Portfolio Evaluation
- Restart
Investment Solutions
Our team believes being patient and acquiring high-quality investments are the keys to long-term financial success. Our approach is aligned with National Bank Financial - Wealth Management's commitment to meeting all of our clients' needs.
The Process
Financial Goal Setting
Each of our clients have their own unique goals, fears and needs - therefore, a one-size fits all solution is not appropriate. We spend a great deal of time getting to know our clients, in addition to good old-fashioned conversation, we use a variety of tools to help establish an Investment Policy Statement. This policy statement acts as both a map and a rule book. Without a map, how do we know where we are going, and without investment parameters, how do we know what strategies we can use to help reach our goals. One of the tools we employ is a completely confidential questionnaire that helps distill otherwise subjective data into a more objective, useable form. The output of this questionnaire, combined with information gleaned from conversations, forms the foundation required to formulate and implement financial strategies that are appropriate for you and your family.
Asset Allocation
“Asset allocation accounts for almost 94% of the variation in returns in large portfolios. Asset allocation, rather than security selection and market timing has the greatest impact on portfolio return and variability.”
Investment Selection
The depth of client involvement, at this point, is dependent upon the choice of a Do it With Me or a Do it For Me solution. In both cases we will review with you the investment selection process and we will ensure that the investment selection process adheres to your financial objectives at all times. In the case of a Do it With Me solution, any and all orders must be approved by the client prior to execution.
Performance Measurement
We will measure and communicate the performance of your portfolio to you at a frequency that best suits your needs. We will ensure your performance is continually measured against your financial plan.
Portfolio Evaluation
Annually, unless otherwise requested, We will arrange to have a formal portfolio evaluation with you. We will review your portfolio performance, as well as make any necessary adjustments to your financial plan and goals. We will provide you with the statements ahead of our meeting, so that you can prepare any questions or concerns that you may have.
Investment Philosophy
Our Approach
Our philosophy is to focus on income paying securities (both fixed-income and equity), and to supplement that exposure, where appropriate with mature growth oriented business. We typically utilize a combination of individual securities, ETF's, as well as managed products. When entering individual positions, we normally phase our way-in, (buying in 2-3 transactions sometimes over several months), while we look to trim winning names (as opposed to selling them outright) when exceptional gains are made. Both are done to mitigate the effects of market volatility.
Our Products
When using managed product, our first qualitative screen is to look for managers who have shown a pattern of outperformance during particularly troubling market periods, with the next screen being their performance during periods of growth in the markets. We believe that losing far less than the market and your peers in troubled times, and generally keeping up with the market in good times, is a winning combination. Our experience with income producing names is such that we can achieve this combination and your financial goals.
Our Strategy
We look to manage portfolios in as tax-efficient a manner as possible, by holding interest bearing securities in registered accounts (where possible) and by being cognizant, but not completely driven by the impact of capital gains on non-registered accounts.
*NOTE: National Bank Financial is not a tax advisor and clients should seek professional advice on tax-related matters.
Communication
The key to successful relationships is communication. As your Advisor, we want to ensure that you are regularly updated with clear reporting, one-on-one meetings and timely market news.
Keeping this in mind, you can expect the following:
- Monthly Statement
- Regular Performance Reporting
- Regular Telephone Contact
- One-on-One Meetings
- Annual Portfolio Reviews
- Extra Meetings
