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Individualized Advisory

Altera provides select clients additional alternative asset  solutions to help their portfolio perform optimally — from asset-level due diligence and comprehensive manager research to portfolio analysis and impact management — this deeper analysis helps improve client outcomes.

Separately Managed Accounts

Individualized Advisory

Altera provides select clients additional alternative asset  solutions to help their portfolio perform optimally — from asset-level due diligence and comprehensive manager research to portfolio analysis and impact management — this deeper analysis helps improve client outcomes.

Portfolio Consulting
Altera provides in-depth consulting for advisors, individuals and enterprises. We guide our clients through the various decisions involved in building an optimal alternative asset portfolio. Our consultants also help enterprises design and monitor wealth management programs and ensure fiduciary responsibilities are consistently met.

Mandate Construction and Review. During the onboarding of any private client we complete an initial review of their investor policy statement and the existing portfolio strategy – which we describe as the portfolio mandate. This review may warrant the revamp and construction of a re-stated and updated mandate, which we help our clients create. We also perform annual or periodic reviews of portfolio mandates based upon client needs.

Portfolio Strategy and Analysis. Altera utilizes its asset management and capital markets intelligence to create private account portfolios for select clients. Through a multifaceted, collaborative effort between consulting, and research teams, Altera delivers a robust selection of solutions to fit the needs of almost any investor.

Rebalancing & Monitoring. The portfolio analysis process pairs up against the client mandate and strategy to direct the rebalancing plan. We assist private clients in the identification of opportunity investments and divestitures to work towards our target portfolio allocations. We will periodically monitor for movement away from their targeted allocation bands to determine when additional rebalancing is warranted.

Impact Analysis. We take a categorical approach to impact within private client portfolios, looking for concentrations based on asset classes and transaction types, to determine where the client is producing the most social or environmental externalities. This formula-driven portfolio analysis is inherently relative as it uses the portfolio as its own benchmark to highlight areas that need further review and consideration. Read our latest write-up on the state of impact here.

Asset-Level Due Diligence
Altera works with private clients and performs due diligence on an extensive universe of investment vehicles to identify best-in-class managers: those we consider able to outperform their benchmark over a complete market cycle. Our team applies qualitative due diligence and quantitative expertise for manager selection and ongoing monitoring.

Deal Scoring. As part of our due diligence and underwriting process we apply proprietary and custom judgment-based scoring metrics to each investment opportunity that passes our initial screening process. This multi-factor scoring approach is how we look at every potential asset purchase.

Asset Profiling. We don’t just consider our investment vehicles and offerings on a stand-alone basis, we profile them as to where they would fit within global asset classes and a private client’s targeted portfolio, using both absolute and custom benchmarking techniques. This is valuable as you construct and rebalance their portfolios for optimal liquidity, duration and correlations between securities and asset classes.

Impact Assessment. Altera has built a core competency around the assessment of impact at a portfolio, as well as asset-level for our private clients. We pride ourselves on being thought-leaders when it comes to evaluating transactional impact. We consider impact on a client-centric basis, using their portfolio mandate, optimization and constraints to determine relevancy.

For more information, please view the Altera | Private Client Brochure.

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