Institutions

Foundations and Endowments

KCM helps foundations and endowments with liability driven investing:  matching investments with funding commitments.  The goal is to maximize net compounding by minimizing costs and loss exposure while generating returns from various asset classes.  Trust is fostered by complete transparency.

Morningstar Investment Services (MIS)*, a subsidiary of Morningstar, Inc. and sister firm with Ibbotson Associates, partners with KCM to offer institutions the ability to blend 28 different, actively managed (e.g. tax minimization, replacing under performing funds, rebalancing, asset allocation…) mutual fund, exchange traded fund, and stock portfolios:  MIS portfolios.  MIS will also manage existing positions as needed.

MIS draws on the independent, unbiased research of numerous firms including their parent company Morningstar, Inc., and their internationally respected sister firm, Ibbotson Associates, a pioneer in asset allocation research.  Morningstar, Inc. employs over 3,000 staff with representation in more than 30 locations worldwide.  Their research team consists of more than 200 analysts who publish over 6,000 reports on thousands of stocks, ETFs and mutual funds.  Morningstar’s team is relied upon by thousands of industry professionals and individuals worldwide.

Since successful long term investing is the result of effectively implementing quality research, MIS’ scope of expertise adds significant value for KCM’s clients.  (Please click on “Info” for additional details.)

Retirement Plans

KCM offers cost effective retirement plans with the added value of being committed to participants’ education.  Since individuals are now responsible for funding their retirement, sound financial advice is paramount.

KCM partners with MIS, who is a co-fiduciary on the plan, to offer a platform of five asset allocated portfolios:  Aggressive Growth, Growth, Moderate Growth, Income and Growth, and Conservative.  Morningstar actively manages these portfolios (e.g. rebalancing the investments, replacing poorly performing funds…) informed by both their broad investment research capability and the asset allocation expertise of their sister firm, Ibbotson and Associates.  (Please click on “Info” for additional details.)  When participants are confused or insecure in their investment ability, they normally are overly conservative missing the benefit of long term compounding, or they pick funds randomly without fully understanding asset allocation.  Morningstar’s five portfolios enhance the potential of participants’ success by transferring the complexity to Morningstar.

Plan sponsors can also add an MIS vetted list of funds as well as offer participants self-directed accounts.

*Morningstar Investment Services is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc.  MIS and Morningstar, Inc. are not affiliated with Kurfees Capital Management, LLC.