Client Services

Building your wealth, your way

Foundations & Endowment Funds

At Gofen and Glossberg, we understand that endowment funds are critical not just to the institutions they serve but to society as a whole. We work with trustees to help their institutions achieve their mission by ensuring that funds are managed to meet near-term obligations as well as to provide for future generations.

Financing the Present, Planning the Future

Today’s endowment fund trustee faces many challenges: making vital decisions in complex and volatile investment markets, meeting current financial needs while also protecting assets for future generations, and generally dealing with social pressures and budgetary constraints. At Gofen and Glossberg, we understand a trustee’s position. We have been providing professional investment management services for schools, foundations, hospitals, religious organizations, and cultural institutions for many decades. In addition, our principals serve as trustees of a wide range of non-profit organizations, giving us a wealth of firsthand experience and valuable insight into the specialized investment needs and concerns of trustees.

A Special Approach to Portfolio Management

To develop an appropriate strategy for an endowment fund portfolio, we begin by examining or creating the investment policy that guides portfolio management decisions. Our objective is twofold: to ensure that there are sufficient funds to address current obligations, and to enhance the value of the fund’s asset pool to expand its ability to meet future needs. The goal is for portfolios to achieve both total return and absolute dollar targets, within the limits of appropriate risk. Whether a foundation or endowment fund requires all-equity management, all-fixed income management, or a balanced account, we tailor each portfolio to meet a fund’s specific objectives.

Individuals & Families

At Gofen and Glossberg, our commitment to personal service, performance, and peace of mind distinguish our approach to investing. We create and manage client portfolios individually to ensure that clients’ financial needs are met now and in the future.

A Personal Approach to Financial Growth and Security

We seek to become thoroughly familiar with each client’s financial situation before we make portfolio decisions. We begin with a confidential, in-depth interview to learn about a client’s short-term needs and long-term goals, as well as personal investment philosophy, before creating an individual financial plan. From there, we build a portfolio designed to meet each client’s particular needs.

Our Experience and Expertise, Your Peace of Mind

The investment advisors at Gofen and Glossberg have the experience needed to help clients safely navigate tumultuous turns and unexpected events in domestic and international markets—a challenging task as markets grow increasingly complex and technology becomes more sophisticated.

A Focus on our Clients' Best Interests

At Gofen and Glossberg, we are investment advisors exclusively. We are not brokers, dealers, or underwriters, and we manage no mutual funds. We earn our fees based on total portfolio valuation and not on brokerage commissions, income, or realized profits, thereby avoiding common conflicts of interest in our industry. Whether looking to fund college or education expenses, travel, retire comfortably, or leave a lasting legacy, each client’s goals are different, and so, too, are their portfolios. Some accounts are invested with a primary goal of long-term growth, while others emphasize capital preservation and income. Our objective is to achieve the greatest return for the least risk consistent with a client’s goals.

Pension & Profit-Sharing Trusts

At Gofen and Glossberg, we recognize that pension and profit-sharing plans are critical to institutions seeking to attract and retain valued employees. We work diligently with fund trustees and administrators to ensure future retirement security for employees.

Dual Perspective

Today’s endowment fund trustee faces many challenges: making vital decisions in complex and volatile investment markets, meeting current financial needs while also protecting assets for future generations, and generally dealing with social pressures and budgetary constraints. Pension fund and profit-sharing plan administrators have a dual perspective: preserve savings and ensure growth of capital for long-term retirement security. The portfolio managers at Gofen and Glossberg have been providing professional investment advice and services to plan administrators and trustees for more than 65 years. We have the expertise and experience to help navigate complex and volatile investment markets, respond to the latest government rules and regulations, and ensure that funds are available when needed.

A Personalized Approach to Portfolio Management

Not all retirement funds are exactly alike. A fund may seek all-equity management, all-fixed income management, or a balanced account. Our personalized approach to portfolio management is our hallmark. We build custom-tailored portfolios rather than using a one-size-fits-all approach to investment management. To develop the appropriate strategy for a pension fund portfolio, we may begin by examining benefit formulas, vesting requirements, and a company’s ability to contribute to the plan’s assets over time. We determine the specific needs of the fund by asking whether the primary goal is to reduce pension fund costs, improve retiree purchasing power, or reward key employees. We balance the fund’s goals and employees’ retirement needs with the desired level of risk. Carefully integrating safety, income, and growth objectives, we evaluate current investment holdings in light of long-term plan requirements, and then design a specific strategy to meet a fund’s particular needs and objectives.