Outsourced Chief Investment Officer Services (OCIO)

OCIO services can mean different things to different people. Some advisers use the term to mean something broad and all encompassing. Others use the term more narrowly to mean a specific type of function, report, or deliverable. We do not have a one size fits all approach to providing OCIO services. We learn what the term means to each firm by listening to advisors. And we have been building business solutions for them for nearly three decades. In that time span we have developed, maintained, and archived a library of solutions that solved real issues for wealth management businesses. CMC’s research service arrangements can be customized and private labeled for internal use as well as client-facing purposes.

“Investor needs are changing, as more investors seek help with holistic planning to obtain peace of mine and fulfillment. Advisors may want to consider outsourcing their investment management function to better focus their time on serving clients”.

“Investment Management Support for Advisors: Using Outside Resources”

Fidelity Investments 2019

Matthew Goulet, CFA and Matthew Hamilton

Comprehensive research Services

May include in a comprehensive relationship as chosen by our clients:

Forward-looking Capital Market Assumptions

Asset Allocation Guidance
Review and or Development of Firm-wide Investment Guidelines
Investment Manager Roster Analysis
Manager/Fund Search, Selection and Proactive, Regular Monitoring
Portfolio Structuring/Managed Portfolios
Portfolio Performance Attribution
Investment Roster Performance Reporting
Product and Strategy Fact sheets
Manager Watch List Maintenance
Client Communications
Chart Book
Investor Presentations
Participation in Regular Investment Committee Meetings
Economic research including private labeled monthly newsletters and news alerts
Custom projects (e.g., forensic analysis of portfolios or strategies, RFP support
…and more

The size of the fee is determined by the extent of the services desired by each advisor or organization. These can be paid for by a recruiting benefit when advisors change custodians or go independent.

A la carte research

Our OCIO services are also available to wealth managers on an A la Carte basis to fit budgets and to complement research activities already being done in-house. Our a la Carte research solutions are used by developing as well as mature organizations focused on growing their fee-based investment management services business. Service arrangements can be broad and comprehensive or quite focused depending on the needs of each business. All of the services listed above are available on an A la Carte basis. When clients engage us, they can turn more of their focus on business growth strategies and client contact. Our service model is unique and intensely individualized for each client.

MANAGED PORTFOLIOS

Our Managed Portfolio Service evolved from market demands. Advisers wanted to combine A la Carte services like asset allocation and manager research into a more structured service that was easy to implement with their clients. These investment programs can also include investor newsletters, portfolio fact sheets, and comprehensive investment product monitoring, etc. All our written due diligence on asset allocation, portfolio construction, and investment products is provided so advisers have an ongoing written record of fiduciary oversight to meet regulatory demands. We have been creating and maintaining Total Return (for investors still accumulating wealth), ESG (for investors who prefer this style), and Income Generator Portfolios (for investor needing monthly income.

Fees for such programs are paid in basis points (bps) based upon assets under administration (AUA). Our pricing schedule for such programs is tiered so the greater the AUA in our asset management models the lower the fee. Fees begin at 25 bps and scale down to 5 bps.