Investment Services

Investment Services |
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WE BUILD CUSTOMIZED PORTFOLIOS FOR EACH CLIENT.

In partnership with our clients, we set investment goals and establish a long-term asset allocation framework. We augment traditional asset allocation with an opportunistic and fundamental view of markets, allocating to niche opportunities and mispriced asset classes as market conditions unfold.

  • PORTFOLIOS

    We turn the traditional portfolio construction process on its head and start by building a portfolio with what we believe are the most exceptional investment managers, regardless of asset class. Rather than reflexively filling each asset class bucket with mediocre active managers, we achieve our asset allocation goals by filling the gaps with low-fee passive instruments.

  • MANAGE RISKS

    We manage risk by monitoring underlying manager positions and measuring overall portfolio exposures to various fundamental and macroeconomic risks and mitigating unintended exposures.

AREAS OF EXPERTISE

Endowments and Foundations

ENDOWMENTS & FOUNDATIONS

Foundations, endowments, and other non-profit institutions represent approximately two-thirds of our client count. We work with our non-profit clients to structure customized portfolios that take advantage of their status as long-term investors, while balancing the spending and liquidity needs of the institutions they support.

In our longstanding relationships, we have implemented innovative and thoughtful investment programs and delivered successful results over time.

Governments

GOVERNMENTS

We have been working with public pension plans, government agencies and permanent wealth funds for years and understand the challenges that public investors face. We provide comprehensive consulting and research services, designing portfolios that seek to achieve longer-term performance objectives while managing the scale and liability considerations of these investors.

Our public fund clients have been among the most forward-thinking in the market, adopting a more specialized and diversified approach to their portfolios, that we believe are years ahead of their peers.

Corporations and Insurance

CORPORATIONS & INSURANCE

Angeles Investment Advisors has worked with corporate and insurance clients since the inception of our firm, customizing defined benefit and defined contribution plans as well as tax-efficient insurance portfolios.

We work with our clients to structure portfolios that are sensitive to the impact of portfolio performance on corporate financial statements and address each entity’s unique asset/liability profile.

Defined Benefit Plans

DEFINED BENEFIT PLANS

We work with boards, investment staff, committees and trustees on all aspects of managing a defined benefit investment program. Our works includes investment policy development, asset allocation, investment structure analysis, manager selection and evaluation, and performance evaluation and measurement.

At Angeles Investment Advisors, our teams work closely with our clients to ensure that day-to-day operations of the portfolios are smooth, efficient and cost effective, and that investment policy is aligned appropriately with pension objectives and liabilities.

Defined Contribution Plans

DEFINED CONTRIBUTION PLANS

We have provided advisory services to defined contribution plans for many years.

In addition to working with plan sponsors to build customized investment menus that address the needs of a broad range of plan participants, we have built sophisticated balanced fund portfolios and designed multi-asset class options, bringing institutional management options and cost structures to an often underserved market.

Private Clients

PRIVATE CLIENTS

We provide institutional-quality advice to select private investors and family offices. We work closely with our private clients to understand each investor’s unique considerations (ranging from near-term liquidity needs to longer-term investment goals to generational planning and family dynamics to tax considerations) as we build sophisticated and customized comprehensive investment programs. For more information on our services for private clients, click here.

OUTSOURCED INVESTMENT OFFICE

Angeles has been providing discretionary “Outsourced CIO” investment services to our clients since 2002. Today, we work with more than two dozen clients, have more than $2.5 billion in discretionary assets under management, have built a >10-year discretionary track record and our firm is GIPS-compliant.

  • Outsourced Investment Office

    EFFICIENT APPROACH

    Our discretionary clients find that investment outsourcing is a highly efficient approach to asset management as Angeles is responsible for the day-to-day execution of investment policy, while providing full transparency on all decisions. We enable our clients to focus on organizational priorities and issues that impact the long-term mission of their programs, rather than implementing investment policy.

    Angeles serves as an investment partner, acting as an extension of our clients’ staff and board resources, allowing our clients to shed internal costs while still leveraging Angeles’ expertise in portfolio strategy, construction and investment selection decisions.

    We believe in a proactive approach and consistently aim to find the best investment opportunities and investment managers regardless of conventional thinking or traditional categorization.

    We work with clients to develop a customized forward-looking asset allocation policy that is tailored to meet each client’s individual investment objectives and unique institutional considerations and is typically broadly diversified across multiple asset classes and opportunistic in its implementation.

    We scour the investment universe, seeking to identify best-in-class managers in traditional equity and fixed income as well as hedge funds, private equity, real assets and other niche strategies.

    BEST-IN-CLASS MANAGERS

    We scour the investment universe, seeking to identify best-in-class managers in traditional equity and fixed income as well as hedge funds, private equity, real assets and other niche strategies.

    We prepare documents, initiate wires for capital calls and distributions, and collect information for internal and tax reporting. We ensure accurate and timely execution of administrative services by coordinating the activities of client service, operations, and administrative personnel.

  • OUR DISCRETIONARY SERVICES

    STRATEGIC DEVELOPMENT

    Initial Fund Review
    Investment Policy Development
    Asset Allocation

    IMPLEMENTATION

    Portfolio Structure
    Manager Selection & Monitoring
    Operational Implementation
    Fiduciary Oversight
    Reporting & Review

    Board / Staff Education
    Capital Market Research

GENERAL CONSULTING

Angeles has been providing customized general consulting services to institutional plans sponsors since the inception of our firm. Today, we serve as investment consultants to approximately $27 billion in consulting assets.

  • General Consulting

    PROACTIVE APPROACH

    We believe in a proactive approach and consistently aim to find the best investment opportunities and investment managers regardless of conventional thinking or traditional categorization.

    We work with clients to develop a customized forward-looking asset allocation policy that is tailored to meet each client's individual investment objectives and unique institutional considerations and is typically broadly diversified across multiple asset classes and opportunistic in its implementation.

    We work with clients to develop a customized forward-looking asset allocation policy that is tailored to meet each client’s individual investment objectives and unique institutional considerations and is typically broadly diversified across multiple asset classes and opportunistic in its implementation.

    We scour the investment universe, seeking to identify best-in-class managers in traditional equity and fixed income as well as hedge funds, private equity, real assets and other niche strategies.

    BEST-IN-CLASS MANAGERS

    We scour the investment universe, seeking to identify best-in-class managers in traditional equity and fixed income as well as hedge funds, private equity, real assets and other niche strategies.

  • OUR DISCRETIONARY SERVICES

    STRATEGIC DEVELOPMENT

    Initial Fund Review
    Investment Policy Development
    Asset Allocation

    IMPLEMENTATION

    Portfolio Structure
    Manager Selection & Monitoring
    Operational Implementation
    Fiduciary Oversight
    Reporting & Review

    Board / Staff Education
    Capital Market Research

WEALTH MANAGEMENT

  • Wealth Management

    Angeles Wealth Management, LLC was founded to provide wealthy individuals and families with investment advice generally available to large institutional investors.

    Angeles Wealth provides personalized discretionary portfolio and wealth management services.

    Our clients are primarily high net worth individuals, families, trusts, estates, and their related business and philanthropic entities. Angeles Wealth is an SEC-registered investment advisor located in Santa Monica, California.

  • OUR DISCRETIONARY SERVICES

    STRATEGIC DEVELOPMENT

    Initial Fund Review
    Investment Policy Development
    Asset Allocation

    IMPLEMENTATION

    Portfolio Structure
    Manager Selection & Monitoring
    Operational Implementation
    Fiduciary Oversight
    Reporting & Review

    Board / Staff Education
    Capital Market Research

AREAS OF EXPERTISE

  • Endowments and Foundations

    ENDOWMENTS & FOUNDATIONS

    Foundations, endowments, and other non-profit institutions represent approximately two-thirds of our client count. We work with our non-profit clients to structure customized portfolios that take advantage of their status as long-term investors, while balancing the spending and liquidity needs of the institutions they support.

    In our longstanding relationships, we have implemented innovative and thoughtful investment programs and delivered successful results over time.

    GOVERNMENTS

    We have been working with public pension plans, government agencies and permanent wealth funds for years and understand the challenges that public investors face. We provide comprehensive consulting and research services, designing portfolios that seek to achieve longer-term performance objectives while managing the scale and liability considerations of these investors.

    Our public fund clients have been among the most forward-thinking in the market, adopting a more specialized and diversified approach to their portfolios, that we believe are years ahead of their peers.

    CORPORATIONS & INSURANCE

    Angeles Investment Advisors has worked with corporate and insurance clients since the inception of our firm, customizing defined benefit and defined contribution plans as well as tax-efficient insurance portfolios.

    We work with our clients to structure portfolios that are sensitive to the impact of portfolio performance on corporate financial statements and address each entity’s unique asset/liability profile.

    DEFINED BENEFIT PLANS

    We work with boards, investment staff, committees and trustees on all aspects of managing a defined benefit investment program. Our works include investment policy development, asset allocation, investment structure analysis, manager selection and evaluation, and performance evaluation and measurement.

    At Angeles Investment Advisors, our teams work closely with our clients to ensure that day-today operations of the portfolios are smooth, efficient and cost effective, and that investment policy is aligned appropriately with pension objectives and liabilities.

    DEFINED CONTRIBUTION PLANS

    In addition to working with plan sponsors to build customized investment menus that address the needs of a broad range of plan participants, we have built sophisticated balanced fund portfolios and designed multi-asset class options, bringing institutional management options and cost structures to an often underserved market.

    We have provided advisory services to defined contribution plans for many years.

    PRIVATE CLIENTS

    We provide institutional-quality advice to select private investors and family offices. We work closely with our private clients to understand each investor’s unique considerations (ranging from near-term liquidity needs to longer-term investment goals to generational planning and family dynamics to tax considerations) as we build sophisticated and customized comprehensive investment programs.

    For more information on our services for private clients, click here.
  • OUR DISCRETIONARY SERVICES

    STRATEGIC DEVELOPMENT

    Initial Fund Review
    Investment Policy Development
    Asset Allocation

    IMPLEMENTATION

    Portfolio Structure
    Manager Selection & Monitoring
    Operational Implementation
    Fiduciary Oversight
    Reporting & Review

    Board / Staff Education
    Capital Market Research