One of the key responsibilities of a non-profit board is to serve as fiduciaries to guide the organization towards a sustainable future. Our team works alongside your board members to provide sound financial advice and investment recommendations. By allowing us to provide expertise in this area, your board can focus on what matters most, advancing your nonprofit’s mission for the people it serves.

Investment Policy Statement Development and Updates

This service is for those looking to make amendments to their existing policy or establish a new customized policy for their organization.

Investment Policy Statements are the business plan for your organization’s investments. They are also the written guidelines that create a source of accountability for all internal and external parties involved in the investment process. A well-constructed Investment Policy Statement is not only a best practice; it is the roadmap to helping your organization meet your responsibilities to donors and fulfilling your mission statement. Our specialists will work with you to develop an IPS that is customized to your unique needs and, most importantly, written in a way that is implementable and accountable. An IPS should be tailored to your organizations needs and capabilities. A boiler plate IPS can potentially create more regulatory and legal challenges than not having a policy at all.

Fiduciary Audit

For those looking for an objective and independent audit of their current investments, fees, and strategy.

As stewards, you are responsible for overseeing the overall investment strategy: the fees associated with the investments, selection of the asset allocation structure, the development of the details of the strategy, the implementation of the strategy with appropriate Investment Managers and other service providers, and monitoring the strategy on an ongoing basis. At a minimum, there should be annual audit and reporting of this process to identify any gaps in the plan and or processes. A fiduciary audit is a formalized and documented method for ensuring your organization meets its responsibilities. Hiring an external firm to assist you in this process gives you an unbiased and objective snapshot of your fund.

SVIC will do a deep dive into your plan and provide you with the necessary data to ensure your plan is consistent with your IPS.

Highlights Include:

  • Education and documentation on the risks, rewards, fees, and compliance associated with the current portfolio.

Fiduciary Education

Designed for plan sponsors and internal and external management committees.

Our CIO, Robert J. Luna, CIMA®, AIF®, a frequent CNBC contributor, heads our educational department. Together with many internal specialists and external partners, we can develop best in class educational solutions to meet your budget.

As AIF® (Accredited Investment Fiduciaries) designees, we subscribe to 7 foundational criteria that your team should be continually educated on:

  • Understand the standards, laws, and provisions associated with your plan
  • Diversify assets to specific risk/return profiles
  • Prepare investment and update an Investment Policy Statement
  • Use “prudent experts” (for example, an Investment Manager) and document due diligence
  • Control and account for investment expenses
  • Monitor the activities of “prudent experts”
  • Avoid prohibited transactions and avoid or manage other conflicts of interest in favor of the portfolio

Our fiduciary education programs can accommodate organizations of any size. For larger organizations, we can collaborate with the Wharton School at the University of Pennsylvania to create a one-of-a-kind educational experience for your investment committees and fiduciary teams. Wharton program costs include all education, materials, and meals. Upon completion, each participant will receive a frameable certificate from the Wharton School documenting his or her participation in the program. Customized pricing available

Portfolio Management

Surevest offers comprehensive, fiduciary asset management services to non-profit organizations. We design, implement, manage and report on investments that meet your organization’s criteria as outlined in your Investment Policy Statement.

We create portfolios consisting of individual equities, bonds and or ETF’s to minimize investment expenses. Our methods allow us to accommodate multiple objectives within a single portfolio such as pairing current income needs with long term growth strategies.

For many non-profits, aligning their organizations values with their investments is important. We will work with you to customize an investment policy statement and portfolio that is aligned with those goals. This process will eliminate investments that are in opposition to your organization’s culture.

Outsourced Donor Services

We can partner your donors with our Certified Financial PlannersTM at Surevest Wealth Management to create a holistic planning strategy that benefits the donors and helps secure the long-term vision of your organization. We are well versed in many planning techniques that can make it easier for donors to donate – taking the burden from your administrative staff. Let us be an extension of your fundraising efforts and add value to your donors, through coordinated giving strategies.