Consulting Process

Phase 1: Assess

Thoroughly understanding the existing condition of the new client's investment program is essential to a productive consulting relationship. This involves an appraisal of not only the existing manager structure, but also a review of the rationale behind previous investment decisions.

Furthermore, Wurts & Associates' professionals work to understand the funding requirements of the assets, the risk tolerances of the client, how the investment program fits into the strategic mission of the organization, and the risk management procedures such as the investment policy.

Our professionals then work to understand each component that comprises the investment portfolio, quantitatively assessing investment manager skill and evaluating their organizations from a qualitative perspective. The final component of the assessment of our consulting process is determining if the overall objectives of the client are in step with the existing manager structure.

The evaluation stage periodically leads back to the assessment phase of the consulting process.

At Wurts & Associates, we believe that successful fund sponsors are continually seeking improvement against the backdrop of changing circumstance. And therefore, it is critically important that the consultant is prepared to appropriately revisit previous investment decisions.