Your Personal Investment Plan is but the starting point of our ongoing commitment to you. This commitment is multi-faceted and comprises:
Client Meetings: Periodic client investment review meetings provide an opportunity to assess progress toward your stated goals and to discuss any changes in your profile, including your financial circumstances and/or investment objectives. Subjects we will typically discuss with you include:
- Investment objectives – review and confirmation
- Current asset allocation
- Investment performance versus goals and benchmarks
- Security holdings, purchases, and sales
- Current economic and market trends
- Action items and points of interest
Our meetings with you additionally serve to further our continuing dialogue with regard to matters such as tax-related issues and any other financial questions or needs which may arise.
Account Monitoring: Goelzer monitors your portfolio for risk. Specifically, on a weekly basis each Portfolio Manager reviews with our Investment Policy Committee every account under their management. The focus of these reviews rotates by risk topic, including tactical allocation considerations, asset allocation vs. investment objective, and portfolio performance relative to benchmarks, among other subjects. We believe the frequency and depth of these specific portfolio risk reviews to be unique in the industry.
Ongoing Reporting: In addition to meetings with your personal investment advisor, we provide you with information on your portfolio through the following:
- Secure online access
- Monthly account statements
- Quarterly portfolio performance reports
- Individual trade confirmations
- Tax reporting
If desired by the client, Goelzer can provide custodial and clearing services through its correspondent relationship with Pershing LLC, a subsidiary of the Bank of New York Mellon and a New York Stock Exchange member firm. For over 70 years, Pershing has been a leading global provider of financial business solutions to many of the world’s most respected financial organizations. Its focus remains the safekeeping, servicing, segregation and reporting of the over $700 billion in assets held in its custody. Goelzer client assets held at Pershing are protected by the Securities Investor Protection Corporation (“SIPC®”) up to $500,000 in value, of which $250,000 can be for claims for cash awaiting reinvestment. In addition to SIPC protection, Pershing provides coverage in excess of SIPC from Lloyd’s of London together with other insurers. The excess of SIPC coverage provides an aggregate loss limit of $1 billion for eligible securities over all client accounts and a per-client loss limit of $1.9 million for cash awaiting reinvestment—within the aggregate loss limit of $1 billion. The $1 billion aggregate loss limit for eligible securities is the highest level of coverage that is available in the industry today. Please note: SIPC protection and excess of SIPC protection do not protect against any loss due to market fluctuation.