At Calamos Wealth Management, we apply a dynamic investment process to ensure that our clients receive robust recommendations tailored to their risk / return profile. With a designated Chief Investment Officer and an Investment Committee comprised of senior advisors from each of our offices, we provide:

  • Asset allocation and risk modeling/stress testing
  • Governance/fiduciary education and assistance
  • Investment and spending policy development and review
  • Strategic and tactical positioning recommendations
  • Investment manager research, selection and ongoing due diligence
  • Customized reporting and analysis, including regular market/economic research and commentary

Our portfolio construction process is typically that of a “manager of managers” approach, strategically combining active and passive investments in a multi-layered asset allocation. Each layer has a specific strategy in targeting the most efficient risk-adjusted return.

Core Allocation
  • Typically 60%-70% of total portfolio:
    • U.S. Core Equity
    • International
    • Developed Equity
    • Convertibles
    • U.S. Core
    • Fixed Income
    • Diversified Alts
    • Cash
  • Based primarily on risk appetite and time horizon, and relatively static
Strategic Allocation
  • Typically 20%-30% of total portfolio
  • Designed to overweight or “tilt” within certain asset classes based on our 6-24 month outlook
  • Typically maintains 3-5 positions
Tactical Allocation
  • Typically 10%-20% of total portfolio
  • Designed to capitalize on attractive short-term opportunities and market valuation extremes
  • Normally holds 2-5 positions

Benefits

Our best ideas are expressed within each layer, from longer-term strategic themes to opportunistic tactical shifts.
Cost effective approach blends lower-cost passive strategies with active strategies.
Allocation is flexible as the strategic and tactical layers are moderated to reflect the client’s risk tolerance.
Dynamic risk management is achieved through an active-passive approach and selective exposure to specific asset classes within the strategic and tactical layers.