We believe in responsible wealth management.
For non-profits and foundations, there is a responsibility inherent in managing wealth dedicated to an important cause, but there is also responsibility to the stakeholders in the organization.
While preservation is crucial, your stakeholders expect more - you also have to ensure the returns on your investments are competitive enough to support the interest of the foundation or non-profit. This is our focus.
“For foundations and non-profits, you also have a responsibility to your stakeholders.”
Specialized Services on an Independent Platform
We work to provide foundations and not-for-profits with sustainable wealth management that doesn’t sacrifice reasonable returns. This often involves:
- Designing a portfolio and an Investment Policy Statement around the needs of your organization
- Forming a foundation, trust or other tax-efficient structure, and allocating funds appropriately
- Communicating with members of the board, beneficiaries and other stakeholders to help ensure objectives are met
The Harris-Bolduc Process for Non-Profits
STEP 1Understand Your Organization
We meet to discuss your organization’s needs and goals, as they relate to your disbursement requirements, preservation needs and ethical investing principles.
STEP 2Asset Allocation
We determine the asset allocation that best suits your needs for income, growth, risk tolerance and other objectives. We then present your Investment Policy Statement.
STEP 3Goal Review
We connect you to other financial specialists to provide tax advice, long-term planning, and other services that may benefit your organization.
STEP 4Ongoing Relationship
Communication is consistent and reporting is clear. We meet periodically to review your investments and learn of recent developments in your policies, contributions or requirements.
Your portfolio is rebalanced, and your asset allocation is reviewed, to account for shifts in the market and changes in your organization’s needs.