At Chevelon, no two clients’ investment portfolios are alike. We take considerable care in thoughtfully researching and selecting each individual security, determining its respective weighting, and employing a dollar cost averaging approach based solely on each individual client’s needs. We do not simply group clients together in age/risk categories and assign them the same portfolio. Instead, we provide detailed and customized analysis and will afford you the time and attention you truly deserve.
Areas of Expertise
The experience you need. The attention you deserve.
When you work with Chevelon, you receive institutional grade portfolio construction, proprietary in-house research, and investment selection that ordinarily defines exclusive asset management firms. We cut our teeth at the highest institutional level. And now, as fiduciaries serving individual investors, we harness this distinctive background and apply it to your wealth management needs.
Tailored Portfolio Construction
Independent Objective Research
We are fundamental analysts at heart. Our proprietary research process draws from more than twenty years’ experience conducted at the institutional level. All investment analysis is performed in-house. We do not pay for outside research, nor do we charge our clients for it. We are not confined to selecting investments from a limited, “pre-approved list” of securities where there may be inherent conflicts of interest, as the majority of our peers are. As fiduciaries, our ideas are our own and we do not earn commissions for placing our clients in any investment security whatsoever.
Investment Policy Design
Many clients come to us not knowing if their investment return expectations are realistically consistent with their tolerance for risk, or if they should be more focused on total return, current income, or other factors. During the “Discovery & Alignment” phase of our process, we comprehensively explore what a suitable investment objective looks like given your individual appetite for risk, income and liquidity needs, behavioral tendencies, and return expectations. This investment policy is customized and strictly unique to you.
Custom Indexing
Common indexes and ETFs have a singular, standard approach in terms of what securities they own and how they rebalance. Standard indexes are, in effect, a “one size fits all” approach for the masses. Because our investment selection process is intrinsically customized, we eschew standard indexing and allocate and rebalance your capital based on your individual preferences and circumstances. This gives us the flexibility to tactically increase position sizing when we feel it makes the most sense in terms of risk/reward.
Active Investment Management
“Never be held captive by your last thought” is one of our investment pillars. By employing an active investment management approach to your portfolio, we will act swiftly and in a tax-efficient manner should the thesis on a particular investment change. We firmly believe that actively pruning your portfolio with better investments as ideas play out is a recipe for investment success. We do not park our client’s money in passive investment strategies where we cannot articulate what we believe to be the risk vs. reward profile.
Cost Consciousness
As an independent Registered Investment Advisory firm, we are subject to the fiduciary standard. This standard requires an advisor to always act in the client’s best interest. For Chevelon, that includes constructing investment portfolios in the most cost-efficient way. We avoid fee-laden mutual funds. By selecting individual stocks in each custom index, you pay zero commissions. As for other asset classes such as fixed income and alternatives, we employ very low cost ETFs that accomplish the same goal as their mutual fund brethren at a fraction of the price.
Risk Management
Our founder has more than 20 years’ experience managing risk at the institutional level. We apply that same level of institutional sophistication and attentiveness toward our individual clients. Oftentimes the result is a portfolio that is diversified across geographies, asset classes, traditional styles, and factors. At the same time, we overlay macroeconomic conditions to instruct our industry weightings.
