Discretionary Management, Clearstead Prism OCIO

custom solutions focused through the clearstead prism

Our proprietary Clearstead PRISM OCIO® service acts as a powerful extension to institutions, collaborating on a deep level to completely handle day-to-day management of investment portfolios after clearly defining objectives, quantifying risk, and creating benchmarks that clearly measure all results. Research drives our decision making, and we are quantitatively focused — tempered with the qualitative value of decades of experience and practical judgment.

Learn how PRISM will complement your infrastructure, expertise, and become an extenstion of your team and strategic goals. 

case study: Prominent Cultural Institution

Financial modeling and a CUSTOM Prism OCIO approach create vision AND stability

Case Study: Non-Profit

Customized Prism OCIO solutions offer non-profit the freedom to focus on institutional objectives

Case Study: Hospital

Tailored Prism OCIO approach integrates organizational and financial objectives with asset allocation

EMAIL US YOUR RFP AND LEARN HOW CLEARSTEAD PRISM OCIO BRINGS CLARITY TO THE COMPLEX PRIORITIES OF OUR CLIENTS

DEMAND FOR OCIO

The Outsourced Chief Investment Officer (OCIO) approach has gained significant traction among institutional investors. When executed effectively, it properly aligns responsibilities between investment advisors and institutional fiduciaries. Investment advisors are delegated investment discretion within prescribed guidelines, while trustees and staff can focus on the essential responsibilities of investment and spending policy. 

DO’S AND DON’TS

Embarking on an OCIO program for your institution is not to be taken lightly. Too often, advisory firms have used OCIO as a conduit for investment products, delivering unclear and unproven results while losing context and the alignment of investment strategy with organizational priorities.  Trustees and staff can become disconnected with the investment portfolio, which gets worse with natural trustee turnover. The OCIO becomes less of a partner, and more of a salesman. In the meantime, the institution’s fiduciary risk has not been delegated effectively, and staff and trustees understand less about the investments — a potentially difficult combination.

 

Yet there are solid reasons to consider an OCIO approach.  Investment issues can tax staff and resources, siphoning time from other issues that arise each day.  Often investment decisions must occur quickly, and require a depth of expertise many institutions may not have. Delegating discretion to an OCIO advisor can save meaningful time, result in more efficient execution of investment programs, and effectively realign responsibilities between trustees, staff, and financial advisors.

STAYING ENGAGED

Clearstead’s PRISM OCIO® service does this exactly. Clearstead does not manufacture or sell products, so we are objective in our investment research and the advice we give clients. Moreover, through our Clearstead PRISM OCIO® service, we serve OCIO clients according to their specific requirements: either with full discretion or in a hybrid approach that grants discretion within specific guidelines. Although a client’s discretionary level may be different in the spectrum of options, Clearstead still collaborates on investment and spending policy, which we believe are too important to be delegated to an advisor alone. Clearstead is an engaged OCIO, leading client investment programs with objectivity and clarity.

Find Your Clarity

We provide objective financial leadership through our fee-only advisory model. We do not offer proprietary products and receive no commissions from the investments we recommend: our only source of revenue is advisory fees we receive for financial advice. Our objectivity is central to the effective service we provide our clients.

Clearstead is an institutional and private client advisory firm that is relentless in providing solutions so our clients can exceed their aspirations and build stronger legacies for their families, their communities, and themselves.

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