Active or Passive Money Management?
There was a time when lots of investors and financial professionals thought the key to building long-term wealth was simply "Buy and Hold." Buy the right company or the right fund, come back 10- 20- or 30-years later and you'd have doubled or tripled your money. But over time that turned into "Buy and Ignore" as the world encountered crisis after crisis and plunge after market plunge. For many people nearing retirement – or still recovering from market slides in 2000/2002 and again in 2008 – the risk is just too great to depend again only on the buy-and-ignore "strategy."
At Presidential, we have a wide selection of programs designed to help be more responsive in major market downturns by being more proactive – more tactical – with investment dollars. Others may provide seasoned professional investment selection and management, but leave decisions of when to take defensive portfolio action to the individual investor and his/her advisor.
Presidential Brokerage, Inc. proudly offers a variety of innovative investment advisory products and services - many of them managed by top investment firms typically available only to very high net worth households – including programs available to our clients through our alliance with Wells Fargo Advisors, LLC. We also offer managed programs available exclusively at Presidential Brokerage.
Take a few minutes and look through the programs described below – each having different features and ways of handling your investment dollars. Then contact your local Presidential office to set up a Discovery Session. Find what might work best for you.
Managed money programs available from Wells Fargo Advisors
Presidential is proud to offer a number of advisory programs sponsored by Wells Fargo Advisors (“WFA”). With access to some of the best money managers available, Wells Fargo’s programs offer sophisticated alternatives for virtually all investors. Clink on the links below to learn more about these programs:
Asset Advisor - a non-discretionary advisory program that includes advisory services and custodial/transaction costs in a single asset-based fee.
FundSource - a discretionary mutual fund wrap program providing clients with access to over 25 Optimal Blend fund portfolios.
Custom Choice - a non-discretionary mutual fund wrap program that allows a client and their Presidential advisory representative to construct their own asset allocation.
Diversified Managed Allocations – a discretionary advisory program that utilizes multiple managers within a single client account.
Masters – a discretionary advisory program utilizing a single money manager.
Private Adviser Network – a discretionary advisory program that utilizes money managers not available on other wrap platforms.
Compass – a discretionary advisory program that features several model portfolios managed by a Wells Fargo Advisor team of professional portfolio strategists.
Private Investment Management – a discretionary advisory program where the Advisory Representative acts as the portfolio manager.
Asset Advisor is a non-discretionary advisory program that includes advisory services and custodial/transaction costs in a single asset-based fee. Clients have the ability to invest in a variety of different investment products including stocks, bonds, mutual funds and options. Under this program clients may make their own investment decisions and conduct transactions on an unsolicited basis or work with their Presidential advisory representative to help them decide which investments may be best suited for their situation. Investment recommendations made by an advisory representative are generally based on a variety of factors including, but not limited to, the client’s investment goals and objectives, risk tolerance, time frame for investing and liquidity needs.
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FundSource is a discretionary mutual fund wrap program providing clients with access to over 25 Optimal Blend fund portfolios that are actively managed by the Manager Strategy Group at WFA. The portfolios are constructed of load-waived, no-load and institutional share class mutual funds. Clients, along with their Presidential advisory representative, can also create a tailored allocation for the client’s specific needs using these mutual funds in Customized Blends within FundSource. While Customized Blends are built by advisory representatives and clients, the funds are also monitored by FCC’s Manager Strategy Group. Both Optimal and Customized Blends offer automatic fund replacement as well as auto-rebalancing.
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Custom Choice is a non-discretionary mutual fund wrap program that allows a client and their Presidential advisory representative to construct their own asset allocation from a broad universe of over 3600 institutional share class, no-load and load-waived mutual funds. This program helps clients maintain their strategic asset allocation by offering optional auto-rebalancing.
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Diversified Managed Allocations (“DMA”)
DMA is a discretionary advisory program that offers separately managed portfolios featuring asset allocation, diversification and risk-based portfolio management to investors. Wells Fargo Advisory’s Manager Strategy Group evaluates a broad range of asset classes and investment styles and identifies classes or styles that perform differently under varying market conditions. From these, the Manager Strategy Group uses quantitative and qualitative measures to select what it perceives to be “best of breed” investment managers for the DMA program. Focusing both on the merits of the individual investment managers and on how the various investment managers on advisory roster complement one another, Presidential has developed what it believes to be a continuum of diversified strategies for investors, based on specific risk tolerances and financial situations, called Optimal Blends. Clients can select one of the Optimal Blends or, working with their advisory representative, construct their own strategy using the DMA roster of investment managers.
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Masters is a discretionary advisory program designed to assist Presidential advisory representatives and clients in identifying professional investment managers who can not only help a client meet their specific investment goals, but also keep their tolerance for risk in mind. A Masters client has access to any one of over 70 of the nation’s top professional institutional investment managers at pre-negotiated entry levels and fee schedules.
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Private Adviser Network (“Network”)
The mission of the Network program is to assist clients in identifying professional money managers who can meet the specific investment goals, risk tolerance and objectives of each client. Each Network portfolio is professionally managed on a discretionary basis, separate account (individual stock and bond holdings) where the client pays either a fee-in-lieu of commission or commission (on a negotiated commission rate) that covers a package of services: transaction charges, consulting services, and compensation to Presidential for the value-added service that they provide the client. Keep in mind that fee-based accounts are not designed for either excessively traded or inactive accounts and may not be suitable for all investors. During periods of lower trading activity, fees may be lower in this program if the investor selects to open a commission-based account.
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The Compass Advisory Program is a unique equity selection and monitoring service managed by a Wells Fargo Advisor team of professional portfolio strategists. The program is a discretionary separately managed account wrap program that offers two “individual” strategies, six “asset allocation” strategies and four “ETF Advantage” strategies. Assets are allocated into one of the model portfolios according to a client’s Investment Policy Statement, as provided by the account opening questionnaire. Once invested, portfolios are managed on a discretionary basis with automatic re-balancing done by the portfolio manager.
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Private Investment Management (“PIM”)
Private Investment Management is a discretionary program where the Advisory Representative acts as the portfolio manager. PIM can be used for either personalized portfolio management or in combination with one of Presidential’s exclusive money management programs. Clients combining PIM with our exclusive programs will pay a separate fee for management services as detailed in the relevant program description. Clients have the ability to invest in a variety of different investment products including stocks, bonds, mutual funds and options. Investment decisions made by Presidential and/or an advisory representative are generally based on a variety of factors including, but not limited to, the client’s investment goals and objectives, risk tolerance, time frame for investing and liquidity needs.
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Investment Advisory programs and services exclusive to Presidential clients
Presidential’s exclusive proactive programs include Presidential’s Dynamic 401(k) Program that is a customized subscription-based asset allocation program designed to guide clients in making informed allocations within their 401k plans; ETF PowerStroke, a fee-based proactively managed relative strength based discretionary investment strategy utilizing ETFs (Exchange Traded Funds); and DAAS (Dynamic Asset Allocation), a fee-based discretionary mutual fund timing strategy managed by Matthew Pavich. More information about these programs including historical performance can be found on the Exclusive Programs and Services page.