Provider Profiles
Canterbury Consulting
| Profile | |
| Business Model/Type§ | Implemented consulting |
| Year Entered Into OCIO Business | 2012 |
| No. of Relationship Managers/Salespeople | 9 |
| No. of OCIO Portfolio Managers | 4 |
| OCIO % of Total Firm Revenue | 13% |
| No. of Clients, Full Discretion | 25 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $1.1B |
| Discretionary Assets by Fund Type | |
| Defined Benefit | |
| 401(k), 403(b), Other DC | |
| Endowments/Foundation | $651MM |
| Health Care | $372MM |
| Other |
| Portfolio Construction |
Canterbury Consulting builds separate custom diversified portfolios for individual clients (and separate pools of money that one client may have). They decide and implement on sub-strategy and manager selection and weighting within the permissible ranges for broad asset classes provided by the investor. Since they use outside managers, they can customize the portfolio construction and manager selection based on client's mission and values, as well as their liquidity requirements, investment horizon and tax considerations. Canterbury Consulting provides advisory services to support the client as needed with education on asset classes, custodial and service provider searches, audit support and other ad hoc matters related to their investments. |
| § | OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. |
| OCIO + other: An open-architecture/manager-of-manager investment outsourcing platform as one of multiple business lines. | |
| Implemented consulting: i.e. consulting firm that also has discretion over assigned assets. | |
| Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. |