Hotchkiss Associates

Scattered
Assets

Our client came to us with a dispersed collection of stock brokerage accounts, an IRA at a mutual fund company and bank investment accounts. It was becoming difficult for the client to manage their assets and how much risk they were taking overall.

The Hotchkiss Solution: A Hotchkiss investment manager was able to combine the various reports into a single customized “combined portfolio” that he and the client use to discuss the client’s real overall wealth and market exposure.

Next Step

Market
Volatility

Short term concerns were making a client increasingly uncomfortable. Diversification was the answer, but the client did not want to realize capital gains from selling some concentrated low-cost stock positions in order to reinvest.

The Hotchkiss Solution: A Hotchkiss investment manager worked around the low-cost positions to create a more diversified equity portfolio, and used index funds and exchange traded funds (ETFs) to add even more asset diversification, addressing the client’s concerns about volatility while still providing potential growth in retirement savings.

Next Step

Trust

The client was uncomfortable with the constant turnover of personnel and questioned the independence of the advisor’s investment offerings. The firm also charged complicated layers of fees with little explanation, regardless of their personal situation.

The Hotchkiss Solution: The client was able to share her goals, needs and concerns and develop a long-standing relationship with her new Hotchkiss investment manager. Hotchkiss offered her independent investment advice free from any conflicts of interest. She also appreciated Hotchkiss’s straightforward fee schedule which clearly aligns the interests of the firm with that of the client.