Kaspick&Company

The KASPICK & COMPANY investment team combines investment expertise with experience in planned giving to successfully manage gifts of all types, including charitable remainder trusts, lead trusts, gift annuities, and pooled income funds. Portfolio decisions are made in close consultation with the charity serving as trustee. We meet regularly with the trustee to review investment strategies and policies.

The investment team develops for each trust a broadly diversified portfolio of assets designed to meet the trust's specific objectives. The portfolios typically include large cap and small cap domestic stocks, international and emerging markets stocks, domestic and international real estate investment trusts, and diversified domestic and international bonds. The investment strategy is implemented using institutional quality no-load mutual funds.

In selecting the appropriate asset allocation, we seek as much appreciation potential as possible, taking into account portfolio risks, the beneficiary's situation, the trust type, and the payout rate. We consider the likely impact of the portfolio mix on the beneficiary's after-tax income and the trust's remainder value. Our team has a proven track record of producing competitive returns while reducing volatility and providing a good after-tax outcome for beneficiaries.

We invest each trust in its own custody account. This structure permits flexibility in portfolio design, daily valuations, immediate investment of new gifts, and daily calculations of investment performance.