Evaluation Associates began consulting to financial institutions in 1988. We continue to be a resource for manager research to financial clients today as they broaden their traditional programs with alternatives such as hedge funds, real estate, and private equity.

We have served major and regional brokerage firms, insurance companies, mutual fund companies employing subadvisors, private banks, wealth management divisions of large commercial banks, family offices, and small investment boutiques. Our current client base includes 16 financial institutions with aggregate investor assets of more than $90 billion.

A tailored approach

We work within an institution’s proprietary rating system—or can help develop such a system—and we report in the format and medium specified by the institution. We also attend internal client meetings to provide investment support for their sales forces.

Client projects

Our work for financial clients comprises many services, including the following:

• back-up manager research and general consulting to the wrap program of a major wire house
• performance monitoring, attribution, and in-depth due diligence attribution on alternative-affiliated managers in the alternatives program of a major wire house. Evaluation Associates also helped the organization expand its nonproprietary product offerings.
• comprehensive manager research, performance monitoring, and attribution for a major wire house’s commingled trusts for defined contribution plan clients
• performance monitoring and attribution on traditional affiliated managers in the wrap program of a major wire house
• adviser on outside managers used by clients of the fiduciary services unit of a major wire house
• performance monitoring and attribution on outside managers used by the trust and private client groups of one major U.S. bank and one major foreign bank
• performance monitoring and attribution work on managers in the wrap program of a regional brokerage firm
• assistance with the design, development, and operation of a wrap-type program for the U.S. high-net-worth client group of a major non-U.S. bank
• assistance with the evaluation and enhancement of an existing wrap program at a regional brokerage firm, including a review of the program’s marketing and broker training efforts
• assisting with the review, selection, and monitoring of outside investment managers for variable annuity programs, mutual fund subadvisors, and variable COLI programs of five large U.S. insurance companies
• evaluation, selection, structuring, and monitoring of investment managers for the high net worth and family clients of several family offices