Learn More About Our Process
Gallacher Advisor Platform
Mutual Fund | ETF
Equity SMAs | UMAs
Our Funnel Process
- Candidates for the GEM strategies are selected from applicable benchmark indexes, allowing for a diverse portfolio across industry and size.
Identify Economic Regime
- Factors can be over/underweighted to better suite the current economic environment.
- Value | Quality | Momentum | etc.
- Companies are further screened on fundamental characteristics (ROIC, management, volume, etc.)
- The highest scoring stocks enter the model portfolio.
High Active Share
Know Your Junk
Process Services & Support
All Cashiering and Money Movements
Custom Cash Movement
Custom Fixed Income Portfolio Management
Execution of Platform Models
Execution of Advisor-driven models
Rebalancing Accounts (pre-set by request)
Custom Indexing Creation and Management
Custom (and Algorithmic) Gain/Loss Harvesting
Custom Unrealized Gain Transitions to a Target Model
Hedging of Concentrated Equity Holdings
Usually consist of 25 open-end funds and 1 money market fund (no ETFs or individual stocks/bonds).
Average fund owns 836 securities. Due to redundancy of overlapping holdings, the portfolio indirectly holds 21,733 stocks and bonds (only 3,600 listed equities in the US).
Significant overlap in the stock holding throughout the portfolio which adds to increased transaction costs and to potentially higher instances of realized capital gain.
The average fund in the portfolio has an annual turnover of 65% per year.
Owning this many securities leads to mediocre returns and is akin to owning a giant yet very expensive index fund.
Customized Portfolio Construction
Using some of the industry’s most sophisticated software to deconstruct the holdings in a portfolio to provide valuable insights on structure, efficiency, asset quality, costs and performance. This audit is not intended to serve as investment advice or as financial plan.
Our wealth advisors invest considerable amounts of time with clients understanding their specific needs.”
This information and insight is provided as a tool to help clients achieve their goal of building better portfolios.
Fewer holdings and less overlap has the potential to reduce costs (and taxes in non-qualified accounts) while generally contributing to better account performance.