Harris Private Bank | Capabilities | Investment Management & Advisory

Investment Management & Advisory

Helping You Accumulate, Protect and Grow Your Assets

When you work with Harris Private Bank, you choose from a comprehensive array of investment options while benefiting from the informed guidance of experienced investment professionals. In close consultation with you—asking questions and listening to your answers—your Portfolio Manager will craft a portfolio that reflects your specific goals, risk level and time frame.

We approach investment management as a dynamic process—one that is focused on helping you accumulate, protect and grow your wealth to meet immediate as well as long-term needs. It’s a process that involves disciplined manager selection, rigorous oversight, personal attention and evaluation for all asset classes.

Investment Philosophy

Selecting the appropriate asset mix is one of the most important investment decisions clients can make toward successfully meeting their investment objectives and managing their portfolio risk. While the foundation of a portfolio should be a long-term strategic asset allocation, we believe that substantial value is created by making disciplined, research-driven tactical asset allocation adjustments to capture market opportunities as they evolve.

Harris Private Bank Investment Process

Harris Private Bank employs a disciplined, multi-step process in assembling your customized investment portfolio. The most important steps in the process are:

Defining Your Investment Objective: In close consultation with you, asking questions and listening to your answers, your investment advisor will help you define your investment objective, incorporating time horizon, liquidity requirements, risk/return expectations, and tax considerations. With your investment objective clearly defined, we will develop a Strategic Asset Allocation strategy designed to achieve your long-term goals.
Establishing Your Strategic Asset Allocation: Your Strategic Asset Allocation creates the efficient long-term allocation of capital among disparate asset classes and is designed to provide you with the maximum expected return consistent with your risk tolerance. Our innovative Dual Asset Class discipline, which involves categorizing all asset classes as either higher or lower volatility, complements our ability to quantify and manage overall portfolio risk.
Implementing Your Tactical Asset Allocation: Tactical Asset Allocation is the process of creating additional value in your portfolio by making disciplined, research-based adjustments to your Strategic Asset Allocation. These adjustments are made to capture intermediate term market opportunities. Portfolio returns are enhanced, or portfolio risk is reduced, by transitioning capital from less attractive to more attractive asset classes.
Constructing Your Portfolio: Your portfolio is constructed using a variety of investments that are diversified across all of the asset classes identified by our strategic and tactical asset allocations. We use an objective, research-driven process to identify appropriate investments for each asset class. The specific investments used as building blocks for your portfolio are selected based on your particular circumstances, such as tax position, liquidity needs and other appropriate considerations.
Managing Your Portfolio: Your portfolio is monitored on an ongoing basis, and you will be provided with frequent communication and comprehensive reporting and analysis. Portfolio adjustments, including tactical shifts and rebalancing, will be made after considering the tax impact. Our consultative approach to working with you ensures that your investment objective is revisited as your circumstances warrant.

Traditional Equities

If equities figure importantly in your investment strategy, you will benefit from our proprietary approach to building the U.S. large-capitalization portion of an equity portfolio. Our portfolio managers employ a structured strategy that balances stock selection and risk control. This approach is complemented by outside managers to assemble a broad-based equity mix. The result: a diversified equity portfolio comprising large and small domestic and international holdings.

Fixed Income

A prudent allocation to fixed income securities can potentially help you achieve a predictable income stream that balances your portfolio. Credit research and high-quality security selection drives our fixed income strategy, which is carefully executed by seasoned bond traders working closely with your portfolio manager, who will establish the appropriate strategy for your portfolio.

Independent Money Managers

As a Harris Private Bank client, you won't be pushed to use Harris investment products or money managers exclusively. Through our open-architecture platform, you will have access to industry-leading third-party independent money managers to fit your specific investment portfolio needs and risk tolerance. We provide rigorous asset allocation, unbiased manager research and selection, asset placement, and performance reporting.