Phil Huber

Functions as a College/University

Savant maintains a series of asset allocation models based on risk tolerance and investment objective. Model portfolios typically will include a blend of low-cost mutual funds and exchange traded funds (ETFs) across a broad spectrum of equity, fixed income and alternative asset classes. The firm’s investment committee is responsible for identifying and implementing the methods of analysis used by the firm in formulating investment strategies and model portfolios. In general, they take a structured, long-term investing approach based on Modern Portfolio Theory.

Cliffwater conducts its own research for the purposes of portfolio construction, investment selection and asset allocation. Portfolio construction and asset allocation recommendations are based on internal capital markets research and on analyses performed using proprietary models. Investment selection is based on internal asset class and sector research, as well as due diligence from an investment and operational standpoint on investment managers and their investment products and vehicles.

HFA uses a long-term purchase strategy where they purchase securities with the idea of holding them in the client's account for a year or longer. Typically the firm employs this strategy when they want exposure to a particular asset class over time, regardless of the current projection for this class. Their investment strategies include equities, fixed income, alternatives and customization.