During the introductory meeting, Sensible Financial describes our process for working with institutional clients in more detail. We will seek to know your institution better, with a focus on the endowment. We can serve you better if you share with us your organizational objectives, financial issues, organizational structure and key financial policies and procedures. We will ask for additional information, primarily concerning your organization’s financial goals and anticipated resources.

Key elements of information may include:

• Cash flows, both to and from the endowment, your organization anticipates throughout the calendar year and over the next 1-3 years
• Contingencies that could change those flows (e.g., economic conditions, portfolio performance)
• Procedures your organization uses to make and enact decisions concerning the endowment, e.g., to establish or change the asset allocation or to make previously unscheduled drafts on the endowment
• Preliminary views about appropriate levels of investment risk
• SRI considerations
  • Any strong preferences your organization has about the nature of the investments employed in the portfolio
  • Preferred or proscribed asset classes

Prior to or during that meeting, we will also request portfolio information including

• Current holdings
• Recent results (and Board assessment of them)
• Custodian