Asset Management Process

Asset Management Process

At Legacy, you’re not investing in a target-date fund. Individualized. Responsive. Attentive. We personalize your portfolio depending on what matters most to you. Let us be part of your solution.

Incoming clients first complete a questionnaire which determines their risk profile that will be paired with one of several strategies investing in a broad spectrum of asset classes (clients with existing portfolios may opt to receive an analysis of their holdings to identify any deficiencies with regard to diversification and risk management). The Legacy Foundation’s risk profiles vary from Income with Capital Preservation, or a conservative allocation, to Equity Growth, an aggressive investment strategy. Each of Legacy’s five risk profiles vary in the proportion of assets allocated to equities and fixed income along with alternative investments.

Portfolios are constructed based on a core and satellite approach. The core of the portfolio is designed to provide targeted diversification across broad asset classes. 

Adjoining the core, a piece of each portfolio is allocated to the satellite. The satellite seeks to capture market trends. Anticipated changes in central bank policy, exchange rate forecasts, and industry weightings within the equity markets are evaluated by our analysts. The result is investment theses that support one or several trading strategies.

For more conservative portfolios and clients taking distributions, a profit-taking strategy is implemented within the account. This strategy involves the creation of a cash position at advantageous points in the market cycle. By remaining aware of liquidity needs and creating cash before it is absolutely necessary, we strive to provide our clients with a superior investment experience.

Asset Allocation Composition

Model Portfolio Composition

No strategy can assure a profit or protect against a loss. All investments into securities involves risk to principal investment.

We offer complimentary portfolio reviews to determine if there are deficiencies in your current asset allocation. Just call 434-971-5917 to schedule an appointment! 

 

Disclaimer: Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. Alternative investments may not be suitable for all investors and involve special risks such as leveraging the investment, potential adverse market forces, regulatory changes and potentially illiquidity. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses. Tactical allocation may involve more frequent buying and selling of assets and will tend to generate higher transaction cost. Investors should consider the tax consequences of moving positions more frequently. Asset allocation does not ensure a profit or protect against a loss.