Private Wealth Group (PWG)

For client relationships (which may include more than one account) that exceed $1 million, I offer customized portfolios that invest in all asset classes. As part of the onboarding process, and after interviewing the client, I draft an Investment Policy Statement (IPS) that sets the investment guidelines for the relationship and recommends an initial asset allocation and a future range for the allocation to each asset class. The document is reviewed, edited, and approved by the client, myself, and the financial advisor/relationship person if he or she is not myself. This is proper protocol for Chartered Financial Analysts (CFAs) like myself. The IPS is not set in stone. It is a living, breathing thing that may be updated when it is reviewed at least annually based on changes in the client’s financial circumstances and on my view of market threats and opportunities. Since completing grad school in 1992, I have focused on investing in public tech companies. In fact, I once started and managed six tech mutual funds worth a total $7 billion+ for Merrill Lynch Investment Managers which now is part of BlackRock.

PWG portfolios typically are allocated to an array of public and private asset classes in the U.S and abroad. I am affiliated with firms through which he has access to ample public and private investment opportunities.

I manage portfolios through Harvest Portfolio Management, a registered investment advisor based in Isle of Palms (Charleston), SC. I am our co-chief investment officer. Here is the link to our website:Harvest Portfolio Management

Please note:

1) Different asset classes may be used to dampen overall portfolio risk rather than to strictly boost individual asset returns because the returns on some assets may be uncorrelated with, or at least less positively correlated with, the returns on others. Thus, the chief reason for combining these asset classes may be to maximize overall portfolio return while minimizing its risk.

2) While I invest in individual stocks I may buy exchange-traded funds (more so) and mutual funds (less so) to build fixed income exposure. Allocations to alternative investments are also likely to be through pooled investment vehicles.

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I am a Chartered Financial Analyst (CFA) and a Chartered Alternative Investment Analyst (CAIA). I earned the former in 1996 and the latter in 2021 (yes, I am a lifelong learner). I serve on the board of the CFA Society SC. I am also licensed to sell insurance in SC (and with permission in other states.)

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