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.