ALTERNATIVE INVESTMENTS, PARTNERSHIPS AND FUNDS
Through its affiliates, CSG offers clients a wide range of investment
options from traditional portfolios to alternative investments. Alternative
investments may include several different asset classes including stocks
and bonds, hedge funds, private equity, real estate, managed futures and
venture capital. For individuals and families of substantial wealth,
alternative investments provide diversification from traditional
investments. Annual fees and expenses range from .75% to 10% based on asset class
and type of investment. Although allocating assets over multiple managers
and strategies is intended to diversify risk, there is no assurance such goals
and objectives can be accomplished.
TOTAL INDEPENDENCE AND OBJECTIVITY
CSG is committed to maintaining its status as an independent financial
services firm. We feel it is in the best interest of the client not to
have a commitment to a financial institution or other outside source
that may have an adverse affect on the decision making process. In addition,
this same independence allows us to choose and transact business with the
money managers that best fit a client's goals. Our commitment to personal
service for our clients also allows us to work closely with other financial
advisors, i.e. accountants, attorneys, insurance agents, financial planners,
private bankers, and trustees.
Our firm strongly believes in total confidentiality in all aspects of our
relationship with a client's assets, as well as any other relationships that
may develop during the management process. All information obtained or
developed by CSG will be maintained as confidential. Any communication
with outside entities regarding a client's assets will be only at the
direction of the client.
THE FINANCIAL MANAGEMENT/PLANNING PROCESS
In order to provide the most effective level of service to our clients, all
new clients must go through a number of steps prior to any activity being
transacted on their behalf. This process is outlined as follows:
Client Interview and Initial Conference It is vital to meet with
a prospective client to verify that they are truly aware of what our services
entail and if they are actually needed. This time together also allows the
client to determine if they feel comfortable and confident in our abilities.
Client Questionnaire/Financial Survey The next step in our process
is to review a client's assets and liabilities as well as other personal
information. This allows us to determine a client's current financial
position and level of investment experience, and also review the desired
Evaluation and Recommendations After collecting all of the data as
previously described, we will then develop a plan that will address specific
issues or concerns about the client's present financial situation. It also
allows us to develop a list of priorities to begin working on for the client.
This step in the process will address economic risks, interest rate risks
and asset allocation. We will also begin developing the client's risk
tolerance that we feel is appropriate for investment purposes.
Implementation After determining our task list and prioritizing
each item, we begin the implementation process. If other professionals
are required as determined by our overview, such as an attorney, actuaries,
agents, accountants, etc., appointments will be made for the client and our
staff. We assist the client in this phase by working directly with these
professionals to establish and direct their activities for the client.
Monitoring One of the most important phases, or steps, is the
monitoring of all activities currently in process for the client. We
continually monitor the money managers to ensure they are investing in
accordance with their stated objective. Our portfolio management software
system assists us in reporting performance results to our clients on a
quarterly basis. It also allows us to see how a portfolio manager is
performing relative to their benchmark. At year-end, we will produce
an organized tax report that summarizes year-to-date totals for short
and long term capital gains, taxable interest, and dividends to assist
tax professionals in preparing the client's tax forms.