At Ciampi Tax & Financial Services, we put over 50 years of investment experience to work each day methodically building the “right portfolio” for our clients based on their needs, goals and preferences.
We take a holistic approach to finding the custom portfolio by listening to our clients, collecting their relevant personal and financial information, and applying the advanced academic, professional and real-world experiences we have to find the appropriate balance of risk and return. Asset allocation decisions and fund selection are all done “in-house,” utilizing a rigorous, objective, and multi-step process to screen for the best risk-adjusted investments.
Our portfolio building process is focused on a long-term investment horizon, but we continuously monitor the latest market, economic and political news, and can react to short-term events if conditions warrant. In addition, we offer “ESG” portfolios that consider environmentally, socially and governance-conscious investments.
To implement this philosophy, we focus on four key themes:
Portfolio returns and risk are largely a function of asset allocation, so we focus most of our attention here. An individual client’s allocation is a function of many factors, including age, risk tolerance, health, and current financial and tax situations, and it is important to get this mix right. We start building a portfolio by allocating to core holdings which provide the bulk of our exposure to the traditional major asset classes.
We then layer on a tactical component that seeks to add value by targeting shorter to intermediate-term opportunities in the markets. To achieve this, we may use alternative asset classes, such as commodities, non-traditional bonds and market-neutral equity funds, or we may focus on specific sectors within an asset class.
We believe that managing downside risk is as important as maximizing upside potential when building a sound, strategic long-term portfolio. Diversifying across asset classes is one of the keys to risk management but we also look for individual funds with better than average risk metrics. It is often in a falling market that active management of a fund generates outperformance.
As part of a large, independent financial organization, we can typically put our clients into institutional share classes that are less expensive than individual investors would see on their own. When appropriate, we also use index funds and ETFs within our “core” strategy, as these often provide a cost-effective means of getting broad market exposure.
All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful. Asset allocation, which is driven by complex mathematical models, cannot eliminate the risk of fluctuating prices and uncertain returns.
Mutual Funds and Exchange-traded funds are sold only by prospectus. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained directly from the company or from your financial professional. The prospectus should be read carefully before investing or sending money.