Meeting specific goals requires specific returns within a specific timeframe (too many “specifics”)

Traditional allocations (stocks/bonds) leave investors relying on hope and chance

Portfolio modeled after university endowments and pension plans with specific income and growth requirements

  • Traditional Investments (stocks/bonds) do well when the market does well
  • Defined Outcome Investments reduce downside risk at the “expense” of a pre-defined return
  • Alternative Investments provide another source of returns that are uncorrelated to the public markets

TRADITIONAL INVESTMENTS

Stocks • Bonds • Exchange-Traded Funds (ETFs) • Mutual Funds

DEFINED OUTCOME INVESTMENTS

Structured Notes • Preferred Stock • Lifetime Income Annuity

ALTERNATIVE INVESTMENTS

Partnerships • Real Estate • Private Equity • Private Credit