Provider Profiles
Discretionary Management Services, LLC
| Profile | |
| Business Model/Type§ | OCIO + other |
| Year Entered Into OCIO Business | 2003 |
| No. of Relationship Managers/Salespeople | 5 |
| No. of OCIO Portfolio Managers | 3 |
| OCIO % of Total Firm Revenue | 100% |
| No. of Clients, Full Discretion | 25 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $1.5B |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $1.1B |
| 401(k), 403(b), Other DC | |
| Endowments/Foundation | $67MM |
| Health Care | |
| Other | $303MM |
| Portfolio Construction |
Discretionary Management Services has been customizing investment plans to meet client goals since 2003. Their service goal is to implement broadly diversified portfolios and to “win by not losing” with disciplined and consistent investment processes, strategic rebalancing and selection of solid managers. They believe in long-term investing and active management, especially in less efficient areas of the market. Well-planned investment portfolios and strong underlying managers are able to beat the benchmark over a market cycle. This contributes to portfolio value over the long term and protects from significant downside events that may erode plan assets. |
| § | 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. |