Constructing multi-asset class portfolios has many complex elements, but does not have to be a complex process.   One, identify the asset allocation objective and strategy. Two, construct the portfolio. Finally, evaluate the performance.  Simple enough!  But each stage has many questions that must be answered. This CFA Institute piece highlights three to ask in formulating your strategy.  All are ones we ask on a daily basis to develop custom asset allocations for our clients.

A private foundation provides families a powerful platform to collectively give back.  However, there are many complex dynamics to be aware of, both operationally and emotionally, especially if one family member is the driving force behind the foundation.   This piece by Northern Trust delves into the issues. Cidel provides a range of philanthropic services, including private foundation administration and donor-advised funds.  Please contact us to discuss further.