Committed. Consistent. Competent.
Today’s institutional investors are complex. Actuarial needs differ; should you overweight equities or fixed income? Philosophies differ; should your portfolio be active, passive, or both?
Much like individual investors, an institutional portfolio should be suitable to the varied needs, goals, and philosophy of the Plan, Trust, or Foundation.
Cutler’s principals have decades of experience managing asset allocation portfolios, active strategies, and advising on portfolio construction. We use a quantitative approach, coupled with the capital market assumptions of our Investment Team, to create a portfolio solution appropriate for your institution.
Discipline. As institutional investors, Cutler believes that clients deserve disciplined advisors. For equities, this means adherence to the process initially developed by Ken Cutler. Yes, markets have changed, but dividends matter. Risk matters. We continue to manage our proprietary strategy using Mr. Cutler’s investment approach and view ourselves as stewards of his philosophy. For fixed income, institutional advisors need to understand the client’s constraints, identify the appropriate benchmark, and create portfolios within these parameters that meet the Cutler team’s investment outlook. Our commitment is to be disciplined in our adherence to our process and client guidelines.
Research. Understanding why a certain decision is made is a fundamental criteria for a sound investment. We believe in having a fundamental basis and investment thesis behind every portfolio decision. We use a top-down, macro-economic, lens to structure client portfolios. Individual positions are identified using a criteria based, bottom-up, approach for individual security selection. Portfolio construction should not be an art; we believe it should be more of a science.
Team. At Cutler, we believe that, “Institutions don’t manage money. People do.” We take great pride in the experience, education, and background of our team. We continue to build upon this great foundation, growing our team’s expertise and investment experience. Our strength is our diversity of thought and our ability to form consensus using these different points of view.