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
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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.
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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.
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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.
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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.
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STEP 5Rebalancing
Your portfolio is rebalanced, and your asset allocation is reviewed, to account for shifts in the market and changes in your organization’s needs.