We want to get to know you and make a customized plan to help you achieve your financial goals.
In executing the wealth management process, we work closely with you to develop a personalized investment plan that’s tailored to your needs.
We’ll meet with you on a regular basis to review your investments, discuss changes that may occur, and make any necessary adjustments to your plan.
I feel safe and secure working with the team of professionals at Herring Bank. They’re committed to working with me in implementing a personalized plan for my financial future.
Our methodology and investment philosophy
We utilize a highly disciplined, fundamentally based and risk aware approach in managing portfolios for our clients.
I just cannot say enough about the personal attention the Herring Bank Trust team has provided us. When it comes to dependability they are always there with a high level of expertise and years of experience to meet all our financial needs.
Gary G. | customer since 2014
Preservation of capital during difficult markets
We believe preserving investment value in difficult markets is equally as important as generating strong returns in rising markets.
Investment decisions based primarily on strong fundamentals
Our investment decisions are based upon the underlying fundamentals of the security.
Long-term view of the markets
We believe markets generate short-term noise that often distracts investors from making sound investment decisions. We continually filter through the distractions and focus on the longer-term opportunity present in specific portfolio holdings.
Risk-aware portfolio construction
We actively monitor portfolio risk relative to our benchmark and client objectives; by utilizing portfolio-based factors, name limitations, sector weight constraints, portfolio characteristics and analytical tools. It allows us to effectively balance the level of conviction surrounding an investment with the level of risk it contributes to the portfolio. This active risk budgeting provides a strong framework for the allocation of risk and return in the portfolio.
The cost of trying to time the market
Trying to time the market or reacting to the latest trends or news in making changes to your portfolio, while tempting, involves getting two nearly impossible decisions correct: when to sell and when to buy.
An important benefit of working with Herring Bank is the opportunity to establish a long-term investment strategy that remains consistent with your goals and doesn’t involve trying to time the market.
The cost of market timing
Risk of missing the best days in the market 1997 – 2017
Risk vs. return asset allocation model
As an investor, you can’t completely eliminate risk, but you can manage it through the diversification of the investments you hold. Investment returns tend to be higher as the level of risk goes up.
At Herring Bank, your portfolio of investments will be constructed in a manner that is consistent with your financial objectives and your tolerance for risk.
Risk vs. return
The asset allocation model
What this means when we work together
The investment process
Is the portfolio meeting your objectives?
– validate objectives
– ensure conformance with investment policy statement and regulatory requirements
– enhance rebalance
Individual investment portfolios
The experience and resources to tailor your individual investment portfolio to your objectives, risk tolerance, and time horizon.
IRA’s – traditional, roth, SEP & Simple
Our wealth professionals can handle all IRA phases including contribution, investment growth, and the annual distribution of your retirement funds.
Companies & businesses
Well-equipped to manage investments for companies and businesses. We’ll help you put together an investment objective that’s tailored to your unique corporate goals.
Experienced corporate trustee to manage your trust or estate plan. Our experienced trust officers have the knowledge and background to administer any type of trust.
Nonprofits, foundations, endowments
Years of experience and expertise to manage diversified investment portfolios for non-profits, foundations and endowments that are strategically aligned with a specific investment policy.
Individual or couple with cash to invest or an existing investment portfolio. Looking for financial advice, planning, and management.
Looking for a professional to evaluate their financial situation and provide a disciplined investment approach.
Individual or couple ready to roll his/her retirement plan into an IRA.
Looking for financial advice, planning, and management. Independent and capable of making decisions but prefer to place investments with a professional.