Process

When new clients engage Zemenick & Walker, Inc. as their Investment Advisor, we begin a detailed due diligence process that results in the creation and implementation of a detailed investment plan.  The process is outlined below:

1. Comprehensive Due Diligence

Each new client relationship begins with a review of all relevant information, including such items as copies of brokerage statements, recent tax returns, trust agreements, wills, insurance policies, and employment compensation packages. This information is often incorporated in discussions about historical and projected expense levels, client risk tolerance and goals, and the preparation of a detailed statement of financial condition and asset allocation.

2. Establish Investment Policy

An Investment Policy is drafted after the due diligence process is completed and once the prospective client has decided to engage Zemenick & Walker, Inc. The policy includes a profile of the client, agreed upon asset allocation ranges, expected long-term returns along with an outline of approved investments for the client's portfolio. This document then outlines the strategic goals for the client portfolio and the tools available to accomplish them.

3. Implement Investment Policy

Once the Investment Policy is finalized, specific recommendations are made by Zemenick & Walker, Inc. to accomplish these goals. Adjustments in equity exposure, evaluation of incentive stock options, and the establishment of a laddered portfolio of bonds are just a few examples of specific recommendations our firm may make in the implementation phase. Once the client approves the proposal, our firm handles the rest; equity managers are hired and funded, bonds are purchased, cash is managed.

4. Monitoring and Reporting

Quarterly client investment meetings are held to review portfolio performance, cash requirements, tax position, estate considerations and to make investment recommendations. To keep the client informed about the health of their portfolio, we also discuss market conditions along with investment research and the state of the economy.

Throughout the year, estate planning issues are addressed as well as retirement planning, educational savings and employee stock option programs.  Prior to each year-end, realized and unrealized gains and losses are reviewed to manage tax liability.   We realize the importance of keeping clients' professional constituencies abreast of their investment portfolios.  As such, the firm is often in contact with their tax advisors and attorneys concerning tax and estate planning issues.