INDIVIDUALS

Investment Management

Few people have the time, knowledge, or inclination to follow the investment markets and manage their wealth as closely as they should. That's why many people choose Tisch Investment Advisory Incorporated to help them plan and manage their wealth.

Selecting an investment advisor is an important decision, not only for the immediate future, but for years to come. In selecting an advisor you will surely look for a firm with the following credentials:

A proven history of success
Use of a repeatable methodology that meets a high professional standard
Risk reduction techniques
An experienced, professionally accredited team
Personal service—Top management easily accessible and available to you
Excellent analytical resources
Low cost

Our Approach

Fact Gathering and Planning

The necessary first step in successful investment management is to evaluate your current investments and to understand your financial resources and objectives. For some clients, this involves a financial plan. For others, it is the evaluation of a particular goal, such as determining the savings, spending, and investment characteristics necessary to meet your retirement income goal.

Investment Policy Statement

Our goal after completing the fact gathering and planning step is to complete a quantitative asset allocation model. We use Monte Carlo Simulation to develop our allocation model so that our recommended portfolio is a combination of asset classes that has the highest statistical probability of meeting your objectives. We consider this portfolio a "strategic template" that is used to select the combination of stocks, bonds, and mutual funds that comprises our recommended portfolio. We alter this portfolio within approved variances to meet changing economic conditions. If you approve our recommendation, then this model and the approved variances are developed into a written format that becomes your Investment Policy Statement.

Discretionary Management Agreement

Our agreement with you gives us limited discretionary authority to manage your assets within the context of your Investment Policy Statement, without obtaining your authorization for each trade. We are paid a fee based on the percentage of assets under management and accept no compensation from any source other than our clients.

Establishing a Custodial Account

We do not act as custodians. Instead, we establish accounts with low cost brokerage firms and are given limited power of attorney by you to trade your account. We have no ability to access your account or to remove money from it beyond the collection of our fee. Once the custodial account is established, existing assets are transferred to it and we manage those assets in accordance with your Investment Policy Statement.

Types of Securities

We manage portfolios containing stocks, bonds, mutual funds, REITs, and separately managed accounts (see Glossary of Terms). Your account is managed individually.

Risk Management Techniques

Terrorism, pandemics, and other threats to the international financial system have increased the need for effective risk management. We employ four risk management techniques: active management; diversification; hedging; and a legal screen to detect corporate malfeasance. We will be happy to provide you with more information on each strategy during our initial consultation.

Performance History

The performance history of our model portfolios has been excellent and is available to you upon request by completing the simple Request Form.

Free Portfolio Evaluation

If you are interested in our services, we are happy to meet with you and provide an initial no fee portfolio evaluation.