With Beacon Asset Management, a wholly owned subsidiary of Telemus, we deploy the full range of our talent, network and capital to build custom strategies and investment vehicles that meet our client's needs and expectations. Utilizing an investment research process that combines original thinking with institutional discipline and fundamental and quantitative analysis, Beacon offers a suite of traditional and non-traditional investment solutions.
Our proprietary traditional asset management solutions include:
Core equity
Our core equity portfolio is diversified among the 10 broad economic sectors of the S&P 500 Stock Index. Instead of investment selections based on a “top down” approach, we look for strong fundamentals in individual stocks within each sector, and then build a diversified portfolio that has the same attractive characteristics as an individual growth stock. Selection criteria include growth, valuation and positive price action.
Investment grade taxable fixed income
We build diversified portfolios of investment grade bonds comprised of Treasury, Agency, Corporate, and Mortgage-backed securities.
Blended taxable fixed income
Our blended fixed-income philosophy involves a crossover strategy that combines a traditional intermediate investment grade bond portfolio with an intermediate BB-rated bond portfolio.
To ensure best execution, we look at absolute yields as well as historic trading patterns. This strategy relies on research dating back more than 25 years that consistently reports the highest tier of below investment grade bonds (i.e., BB-rated bonds) as offering the most attractive risk/return profile in the bond market.
Investment grade tax-exempt fixed income
We build diversified portfolios of high-quality, tax-exempt bonds that take into account each client’s specific tax considerations and needs.
Opportunistic income strategies
Our opportunistic income strategies seek to take advantage of mispricing among various asset classes. We utilize exchange traded funds (ETFs), closed-end mutual funds and open-end mutual funds to invest in primary debt instruments like senior bank loans, corporate convertible bonds and preferred stocks while simultaneously hedging those positions with an ETF or fund that is “short” (i.e. benefits when stock prices go down) to limit the risk and potentially increase returns.
The result is a “hedged” portfolio with bond-like volatility designed to generate positive returns regardless of the direction of the equity market under normal circumstances.
