Process
Our process begins with an in-depth needs discussion between the portfolio manager
and the client to indentify appropriate time horizons, identify tax ramifications on the interest earnings of the portfolio,
identify regulatory issues germane to the assets to be managed, establish investment guidelines which identify the ultimate
goal of the portfolio and other unique circumstances that may affect the client’s
portfolio. The culmination of these discussions is the crafting of an investment policy statement (IPS)
outlining risk tolerances, maturity parameters, liquidity requirements, return expectations and any other factors unique to
the client. If a client already possesses an IPS, then a thorough review is
performed to ensure policy documents adhere to the characteristics of the assets under
management. A customized portfolio consisting of individual securities is then constructed to compliment
the findings of the needs analysis. No fundamental investment parameters or restrictions set forth in the
IPS may be changed without specific approval of the authorized signers of the account.
Approach
PDR
Advisors, LLC utilizes a separately managed account (SMA) structure on assets under its
management. PDR Advisors, LLC offers its institutional and high net worth individuals a professionally
managed portfolio constructed of individual fixed income securities. Each client
will hold clear title to all securities held in their account. PDR Advisors,
LLC does not act as custodian on any separately managed account under its supervision.
All fixed income portfolios are customized to meet specific expectations and investment
parameters of each client.