Fourth Quarter 2017 – “Discretionary Services”
Since our inception over 30 years ago, Colonial Consulting has pursued one simple goal: providing exceptional investment advice and services via our nondiscretionary advisory model. Over the past decade, much of our industry has migrated to a discretionary (sometimes called Outsourced Chief Investment Officer or “OCIO”) model while we’ve elected to maintain our original focus. Yet, we have also observed a trend in which a greater number of clients are seeking a discretionary model. We have come to the conclusion that the time has arrived for us to offer this service, but in our own way. A critical guiding principle was to ensure that the expansion of our offerings would have no negative effects for our advisory clients.
While we prefer to discuss the larger world of investing each quarter, we believe it is important to focus this commentary on what we believe to be the unique attributes of our approach to discretionary services.