How We Manage Funds
Asset Protection Strategies • Philanthropy
Manages the Ray of Hope Cancer Foundation Endowment Portfolio including the Named Funds?
In addition to the Investment and Finance Committee of the Board of Directors, Ray of Hope Cancer Foundation employs a local financial management firm, Custom Portfolio Group. Custom Portfolio Group’s team of experienced and dedicated professionals delivers highly personalized investment and planning solutions to a select group of clients.
Custom Portfolio Group is a “fee-only” wealth management firm. What does that mean for Ray of Hope and why is it important to me?
Ray of Hope Cancer Foundation prides itself on being a “Guidestar Gold” member, and ensures one of the lowest non-profit administrative costs in Colorado. This means that when you give to Ray of Hope more than .85 cents on every dollar directly supports Colorado cancer patients in need. To maintain this low overhead, Ray of Hope looked for a low cost but high performing financial management company that mirrored good financial stewardship and low fees. As a fee-only advisor, Custom Portfolio Group (CPG) is paid directly by the Ray of Hope Cancer Foundation for the services provided. CPG does not accept commissions from outside companies, nor is CPG paid for encouraging clients to purchase particular investments, such as mutual funds, annuities, or insurance. Therefore, Ray of Hope receives prudent, objective financial advice free from conflicts of interest.
Does CPG have a fiduciary duty to ROHCF donors?
Yes. As a Registered Investment Advisor, Custom Portfolio Group is a fiduciary and is legally required to act in the best interests of clients like Ray of Hope Cancer Foundation, and consequently, its donors.
What is ROHCF’s investment philosophy?
Ray of Hope Cancer Foundation seeks to achieve consistent, long-term investment profits without taking undue risks or incurring significant losses along the way. We believe the best strategy to achieve this goal is to focus squarely on the factors we can control: keeping costs low, identifying and prudently mitigating risk, designing and managing broadly diversified portfolios, and employing a rigorous, objective, and research-driven approach to finding attractive investments.
What types of investments are contained in ROHCF’s portfolio?
CPG generally use a mix of publicly-traded individual securities and low-cost exchange traded funds in client portfolios. Because we want to keep your investment costs as low as possible, we generally do not use actively-managed mutual funds, unit investment trusts, separately managed accounts, or other expensive pooled investment vehicles.
What asset classes does CPG use in ROHCF’s portfolio?
Ray of Hope Cancer Foundation has a balanced mix of investments to create and maintain broadly-diversified investment portfolio. Depending on market conditions, some or all of the following asset classes are used: U.S. stocks, U.S. bonds, international stocks, international bonds, natural resources, cash and cash equivalents, publicly-traded real estate investment trusts, currencies, market-neutral investments, high-yield bonds, preferred stocks, and publicly-traded master limited partnerships and royalty trusts.
Has CPG been recognized for its wealth management expertise?
In 2015, Wealth & Finance International Magazine named Custom Portfolio Group as Colorado’s best wealth manager for Investment Management Services.
In 2014, Wealth & Finance International Magazine named Custom Portfolio Group as Colorado’s best wealth manager for Personalized Investment Management.
In 2013, Custom Portfolio Group was recognized as a 2013 Colorado Premier Advisor by the National Association of Board Certified Advisory Practices (NABCAP). NABCAP determined Custom Portfolio Group was one of the top 20 independent wealth management firms in Denver, and one of the top 70 financial advisory firms in the state.
In 2012, Custom Portfolio Group was recognized as a 2012 Colorado Premier Advisor by the National Association of Board Certified Advisory Practices (NABCAP).
If I have a question about how the ROHCF portfolio is performing, who do I call?
You should begin by contacting the ROHCFCF’s executive director who will share with you the ROHCF portfolio’s performance.