The Power of a Fiduciary Partner

In addition to supporting the actual mission of their organizations, board and committee members of nonprofits face a bewildering cloud of concerns, such as asset allocation, spending rates, portfolio risk, board and committee turnover, fiduciary compliance, mission-aligned investing, and cost efficiency, to name a few.

Our team has more than 20 years experience working with endowments and foundations and we serve on nonprofit boards ourselves, so we understand these concerns. To help meet these challenges, we serve as Fiduciary Partners to our nonprofit clients. That means two things. First, we oversee all aspects of investment portfolios for nonprofits, acting as Outsourced Chief Investment Officer. Second, we provide continuous advice to board members on all the other issues that can impact an organization’s success through what we call fiduciary planning.

Investment Solutions

Outsourced Chief Investment Officer

Our disciplined investment process combines the objectivity of a consultant with the agility and accountability of a discretionary manager. Our services include:

Developing long-term fixed portfolio allocations to meet organizational goals and objectives
Overlaying tactical asset allocation to add returns and manage risk
Portfolio construction and ongoing management using a combination of passive investment ETFs and high-conviction active managers
Incorporating board preferences for Environmental, Social, Governance/Socially Responsible principles
Selectively including private investments based on analysis of time horizon and liquidity needs

Fiduciary Planning

Our Fiduciary Partner advisors have over 20 years of experience serving nonprofits such as schools; hospitals; and religious, arts, and professional organizations.

We act as the personal partners of board members, and we provide continuous guidance to an organization even as board and committee composition changes. Topics include:

Spending modeling and capital-sufficiency testing
Board education
Governance issues
Nonprofit best practices
Uniform Prudent Investor Act and other fiduciary requirements
Investment Policy Statement creation

Our Services

Contact us to learn more about how we can help your organization achieve its mission.

Helpful Insights

Insight

Third Quarter 2018 Investment Commentary

In 2018, US stocks have strongly outperformed EM stocks, but this level of divergence is not unusual. Still, given the negative headlines surrounding emerging markets, we highlight several points this quarter that indicate EM stocks remain attractive and their long-term growth outlook is intact.

2 days ago

Insight

Third Quarter 2018 Market Review

US stocks hit new highs in late September, while foreign stocks continue to underperform. This year, our bond portfolios are again benefiting from allocations to flexible bond funds and floating-rate loan funds.

2 days ago

Insight

On a Quest for Income

At Litman Gregory, our research team is always on the search for more for our clients. Sometimes that means more return, and sometimes more safety, but it often means searching for solutions that aren’t readily available through traditional options.