As a member of a scientific society, professional association, foundation, endowment or other non-profit institution, you need a dependable partner—one that will help guide you in fulfilling your fiduciary responsibilities while prudently serving your investment management needs. Our FOCUSED™ service combines our rich history and professional expertise with client service centered on you and your institution’s unique needs.

Our experienced investment team designs your organization’s portfolios to meet your specific short and long-term objectives. We know every client’s goals are unique, so we begin by learning about your institution’s specific obligations and needs.

We believe mutual funds and exchange-traded funds offer cost effective global diversification for most institutional portfolios up to at least $50,000,000. Mutual funds and exchange traded funds enable us to efficiently create or rebalance diversified portfolios that reflect each institution’s unique goals, needs and risk tolerance. We also offer The Fiduciary EdgeTM, which empowers nonprofit investment stewards to confidently fulfill their fiduciary obligations.

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At Towneley, we provide a full suite of investment services designed for your institution:

Our Multiple Mutual Fund Strategy, or MMFS, provides participation in global markets and the means to efficiently rebalance portfolios as changes in your institution’s needs or market conditions necessitate.

Why do we recommend a portfolio of mutual funds over a portfolio of individual stocks and bonds? Our experience has shaped our belief that mutual funds offer a more cost-effective strategy for generating risk-adjusted returns for most investors for the following reasons.

Greater Diversification

A portfolio of multiple mutual funds offers diversification among thousands of individual securities and many different asset classes, including exposure to:

• Value and Growth Company Stocks
• Small, Medium and Large Company Stocks
• Short, Intermediate and Long-Term Bonds
• Taxable and Tax-exempt Income
• Global Stocks and Bonds
• Emerging and Developed Markets
• Multiple Currencies
• Commodities

Access to a Number of Professional Managers

Mutual fund managers are experts in the individual securities they buy and sell for their funds. Mutual fund investors reap the benefit of this professional investment expertise for less than they might pay otherwise.

Cost-Effective Participation in Global Markets

The costs of foreign custody, research, brokerage processing and administration are prohibitively expensive for individual stock and bond investors with portfolios under $50 million. Mutual fund shareholders, however, benefit from economies of scale because management fees and other costs are allocated among thousands of shareholders.

Increased Efficiency of Portfolio Management

Rebalancing a mutual fund portfolio in response to cash flow needs or changes in market conditions can be easily and inexpensively accomplished compared to the time and cost involved in adjusting an individual stock and bond portfolio. Through the use of our efficient rebalancing strategy, we are able to fully rebalance a client’s portfolio within 24 hours, ensuring that the portfolio assets remain consistently invested in the market. Most individual stock and bond trades take up to 3 days to settle, during which time the funds involved are out of the market and unavailable to generate returns.

 

The annual cost of our Multiple Mutual Fund Strategy ranges from 0.25% to 1.00% of assets invested in the strategy. The minimum investment is $2,000,000. The Multiple Mutual Fund Strategy may not be suitable for all investors.

Our ETFs strategies are very well suited if you have revenues or expenses in foreign currencies.

International markets exposure can help offset domestic market risk and enhance overall portfolio performance. As a global asset allocation specialist, Towneley manages an exchange traded fund strategy designed to provide diversified exposure to worldwide investing. This strategy offers a highly-liquid means of tracking country-specific and broad market indexes.

Towneley’s Global Balanced Strategy is designed for clients who would like to participate in the capital appreciation potential of the major worldwide financial markets. This strategy seeks a high total return with moderate risk over the long term. We allocate assets among U.S. and foreign stocks, bonds, and commodities, and rebalance periodically.

Our exchange traded fund strategy is particularly suitable for investors with revenues or expenses in foreign currencies. Tax-exempt entities enjoy the benefits of rebalancing without tax consequences.

The annual cost of our exchange traded fund strategy ranges from 0.25% to 1.00% of assets invested in each strategy. The minimum investment is $500,000. The exchange traded fund strategy may not be suitable for all investors.

The Fiduciary EDGE™

Investment committee members are fiduciaries and serve as investment stewards of their organization’s institutional funds. This role carries significant legal responsibilities and obligations and raises challenging questions. What practices are prudent? How much due diligence is enough, and how do we document our process? The Fiduciary EDGETM is specifically designed to address these questions.

As a Fiduciary EDGETM participant your organization receives:

Assessment of Your Current Investment and Governance Policies

• Investment policy statement
• Investment committee charter
• Investment committee bylaws
• Conflict of interest policy
• Reserves policy
• Spending policy

Documentation of Prudent Practices

• Investment policies and guidelines that conform to applicable fiduciary standards
• Sample investment committee meeting agendas and minutes
• Forms to record your institution’s investment memory and key investment decisions

Governance Demystified: Clear Explanations of Requirements

• Experienced fiduciary consultant works directly with your staff, board and committee members.
• Development of policies and procedures consistent with fiduciary best practices for investment stewards
• Materials to assist you in understanding and fulfilling your fiduciary duties

Education for Your Staff and Investment Committee Members

• Fiduciary duties and roles
• Prudent practices for investment stewards
• Recommended spending and reserve limits
• Investment risk management

Why You Need The Fiduciary EDGE™

Without proper guidance, serving as an investment steward for an organization you care about can resemble a daunting landscape of personal liability. Towneley’s Fiduciary EDGETM program helps investment stewards confidently carry out their fiduciary duties leaving them more time to focus on fund-raising, grant-making, and other mission-related activities.

GET STARTED

Get Started with Towneley

We look forward to becoming your partner in fiduciary excellence. For a complimentary review of your investment policies or asset allocation, or if would like us to prepare a proposal for your organization, please contact us at 800-545-4442 or 949-837-3580. You may also send us an email, send us your RFP, or complete this form.GET STARTED
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  • TEAMWORK.
  • TOWNELEY.