Wealth Management & Investment Advisory Support

Each of the portfolios has a target risk level defined in terms of the equity/fixed income mix. Based on macro views, the portfolio risk may be tilted to mitigate downside risk or capture upside potential. Within asset classes, the team also examines style factors, such as value and quality, as another source for potential return enhancement.

The investment team closely monitors the everchanging economic, business, and geopolitical landscape, enabling Kestra Investment Management to formulate timely macro views. These views are essential components of the firm’s investment outlook.

Kestra Investment Management starts due diligence by identifying representative indices for each selected asset class. From there, the team uses qualitative and quantitative factors to identify suitable investment options. The model portfolios include multiple fund managers, and selected funds are unaffiliated with Kestra Investment Management.

Once asset allocation, macro considerations, due diligence, and other assessments are complete, the team creates hypothetical portfolios and subjects them to scenario testing. These tests help eliminate biases such as overlapping holdings or undue complexities, and helps ensure the portfolios are adhering to target allocations, risk tolerance, and investment objectives.

In a volatile world, a consistent, thoughtful approach to rebalancing helps clients stay the course within their risk tolerances. The team uses calendar-based rebalancing, and will rebalance as needed to keep a client’s asset allocation within designated thresholds. Special market conditions may call for dynamic rebalancing, as approved by the investment team.

Performance analysis and attribution are essential to ongoing portfolio oversight, and offer insight into potential future returns and non-systematic risks. This analysis feeds into Kestra Investment Management’s market outlook, asset allocations, and evaluation and selection of managers and investments.

On an ongoing basis, we:

• Analyze your financial circumstances to recommend the optimal mix of investment solutions to meet your unique needs and goals.
• Meet with you periodically to review investment suitability and performance.
• Educate and guide you through changes to your investment strategy as your life and financial circumstances evolve.

Kestra Investment Management LLC (“Kestra IM”) is an SEC registered investment adviser. Kestra IM provides market commentary, research, model management, and other investment advice to its affiliated broker-dealers and registered investment advisers. Nothing in this material should be construed as offering or providing investment, tax, or legal advice. Investing involves risk of loss and past performance is no guarantee of future results. A diversified portfolio does not assure a gain or prevent a loss in a declining market. There is no guarantee that any investment strategy will be successful or will achieve their stated investment objective.