Institutional clients need to be viewed with a different lens than high net worth investors. A thorough Investment Policy Statement (IPS) is an excellent starting point.
While certain aspects of investment management are transferable across all clients, serving institutional clients involves different skill sets and perspectives. At Gries Financial, our primary institutional focus is on nonprofit endowments and foundations. We have built an expertise and frame of reference that allows us to provide best in class, discretionary and non-discretionary investment counsel to these constituencies.
Many endowments and foundations need to balance a long term investment timeframe with current spending policies and, in some cases, bond offerings or other debt. As a starting point, we work with institutional clients, their investment committees, boards and senior management, to develop a comprehensive and appropriately flexible Investment Policy Statement (IPS) based on a thorough understanding of the organization past, present and future.