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.