Provider Profiles
Canterbury Consulting
| Profile | |
| Business Model§ | OCIO + other |
| Year Entered Into OCIO Business | 2012 |
| No. of Relationship Managers/Salespeople | 9 |
| No. of OCIO Portfolio Managers | 5 |
| OCIO % of Total Firm Revenue | 13% |
| No. of Clients, Full Discretion | 29 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $1.4b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $36mm |
| 401(k), 403(b), Other DC | $0mm |
| Endowments/Foundation | $480mm |
| Healthcare Pools (Board designated, funded depreciation) | $538mm |
| Other | $346mm |
| Portfolio Construction |
| We have built our firm’s history working primarily with endowments and foundations. We build separate custom portfolio for each client with an asset allocation and manager mix that is tailored to their financial objectives, risk tolerance, social values and liquidity needs. Each client invests directly with each underlying manager. We offer an open architecture, employing external managers in all asset classes. As an independent firm, we have no economic ties to any custodial or asset management entity and therefore select service providers and managers that are the best fit for each client. At $28 billion in assets, we diligence and allocate large and small managers based on their need and ability to be nimble and efficient. |
| §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. Other: OCIO Platform is something other than the 4 types listed above. |