I know this is a time of extreme uncertainty and I want to help you navigate you through it. That’s why my team and I at the Susan O’Brien Group created a five-part series of calls titled, Financial Wellness During a Pandemic. This one will focus primarily on Investment decisions that you should consider during this pandemic. Although these calls were specifically arranged for our clients, please, feel free to share them within your own networks. 

I hosted our first call on April 14th: “Investment Decisions.” The discussion was focused on how it’s the process and not emotion that is key for positioning portfolios for the next leg upward. Our featured speaker was Murdo Maclean of Walter Scott & Partners in Edinburgh, Scotland. Murdo is a client investment manager and has been with the firm since 2006. He spoke about how their investment process has not changed but there have been opportunities for change in their portfolio, which they acted upon. In the last few weeks, they’ve sold three companies and bought two additional ones. Their process helps them manage through volatility. 

I’m so impressed by Walter Scott’s buy and sell discipline. To purchase a company, the investment team of 20 must unanimously approve the decision. Selling a company requires no more than one dissenting opinion. 

Much like at Walter Scott, at the Susan O’ Brien Group, our process remains intact and guides us through our decision making process. One of our greatest successes in using our Net Worth Thinking Lens has been portfolio construction. Portfolio construction involves choosing managers through a defined due diligence process and hiring them to manage specific parts of a portfolio depending on specific needs. Hiring multiple managers that are uncorrelated with each other defines the beginning of portfolio construction and true diversification. 

Are you feeling overwhelmed with your investment portfolio? I hear you.

Join my webinar series to gain some clarity. Be sure to look for an invitation for our next call on April 28 at 10:00 am MST where we will be hosting Sri Iyer from Guardian Capital Group.

Susan O’Brien

Susan O’Brien

After years in the tax world working at both the Canada Revenue Agency and in the private sector, Susan O’Brien took a leap and started her own tax-consulting firm. While her business was successful, she had a gnawing feeling that she wanted more. Finding her heart was in wealth management, she started her next venture, the Susan O’Brien Group, with a large global Canadian bank in 1998. It has grown to become a nationally recognized wealth advisory practice.