Provider Profiles
River and Mercantile*
| Profile | |
| Business Model§ | OCIO + other |
| Year Entered Into OCIO Business | 2001 |
| No. of Relationship Managers/Salespeople | 6 |
| No. of OCIO Portfolio Managers | 3 |
| OCIO % of Total Firm Revenue | 20% |
| No. of Clients, Full Discretion | 32 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $1.9b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $936mm |
| 401(k), 403(b), Other DC | $104mm |
| Endowments/Foundation | $868mm |
| Healthcare Pools (Board designated, funded depreciation) | |
| Other | $30mm |
| Portfolio Construction |
| River and Mercantile believes they positively influences client performance by utilizing both strategic and tactical approaches. Their focus on creating an efficient allocation to target higher returns with a close eye on downside protection and cash management leads to a long term strategic allocation. This allows us to take a long-term strategic view. Additionally, this is complemented by a firm-wide approach to anticipating market changes which drives our investment advice and tactical allocation recommendations.
They are a custom provider and open to using all investment tools to achieve the client's objectives. This would include the use of derivatives and alternative asset allocations. |
| *River and Mercantile will soon to be Agilis
§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. |