Trinity Asset Management Inc. is a fee-based, Registered Investment Advisor (RIA). Our clients are typically high-net worth individuals who choose to have their money managed by an investment professional. Trinity has been in business since May of 1995, and is located in Chicago, IL. Our most important goal at Trinity is to serve you, our client. Click the links at the left to find out more about Trinity!
Trinity Asset Management's primary focus is to get the right balance of risk and return for clients, consistent with a target asset allocation. We identify individual securities, ETFs, or mutual funds most appropriate for the client's goals.The important aspect that clients and prospective clients should realize is that capital markets, asset classes, sector and individual securities are in a constant state of change. Opportunities are constantly presenting themselves, as are risks.
One thing I've learned from managing money and making investment decisions over the last 25 years: that there is no one person, no one firm, and no one management style, or structure that outperforms in all markets, 100% of the time. That being said, Trinity Asset Management has had good success for clients being primarily large-cap oriented, which typically means the top-half of the SP 500, using stocks and ETF's with an emphasis on both "growth" and "value" styles.
In the 1990's it was large-cap growth led by Technology and Financials that really performed well. In the decade following, from 2000 through 2009, it was the commodity and non-US markets that really performed well, particularly since the decade of 1/1/2000 through 12/31/2009 was one of the worst decades for the SP 500 since the 1930's.
The most important element about managing money for clients is to pay attention to both return and risk.
The bigger point is that both the client and the advisor need to remain flexible, be aware, and discuss both the potential risks and opportunities presented within today's markets.Wealth is typically created over long periods of time.
Client communication is frequent. Typically, I meet at least annually with clients (and sometimes more often depending on the amount of money under management, and some other variables), but email communications are frequent - typically driven by portfolio changes or market events.Whenever anything of note happens in the capital markets, I like to email clients and get out front of the mainstream financial media, with a perspective for the client's portfolio as it relates to unfolding political or market events.
TAM can use any third-part custodian such as TD Ameritrade, Interactive Brokers, or Charles Schwab. However, I prefer to use Charles Schwab as a 3rd party custodian because Schwab's branch network allows clients to visit a nearby Schwab location at any time and check their accounts.
The third-party custodian is an important element of any client-advisor relationship. On nearly every issue, ranging from cyber-security to liquidity and solvency, we feel Charles Schwab does a great job for our current clients, and have been very satisfied with our initial choice of Schwab as third-party custodian.
Finally, TAM wanted a brand-name with a history in the business so that clients can take comfort that there is an established financial entity of good credit standing that has custody of their money.(TAM is not an employee or compensated by Schwab in any form or fashion. This is an independent, arms-length relationship, which TAM can change at any time.)
Depending on the size of the client, Trinity will write an investment policy for clients and also do a full financial review which involves examining any number of financial parameters. A client's risk profile is typically (1) a function of the assets under management as a function of that client's net worth, (2) the client's time horizon, and (3) the client's own personality and comfort with risk.TAM typically tries to meet with each at least annually to discuss the both the capital markets and the client's own financials to see if any adjustments need to be made.
Ultimately, any financial relationship is about confidence and trust. If the client is chasing return, or the latest flavor of the moment, no relationship will work in the long run. The client should get to know their advisor and develop a strong comfort with that person. As long as there is quality communication between clients and their advisor, the client can rest easy knowing that their wealth management is a real priority.
Trinity Asset Management (TAM) doesn't sell insurance, and we pay no 3rd party marketing services to attract business, and have always depended on word-of-mouth and client referrals for business. TAM's interests are aligned with our client's interest over the short and long run.Ultimately, client comfort is paramount, but market volatility can make for discomfort. Know yourself (as a client) and know your advisor too, and the combination should make for a long-term, satisfying relationship.
We can be reached here at Trinity in a number of ways:
Brian Gilmartin, CFA
Phone and Fax
Office line: 312-751-0996
Trinity Asset Management Inc
1850 N Clark St Ste 2201
Chicago, IL 60614
Trinity Asset Management's investment style has evolved over the years to become less of a "security selection" manager, and more of an asset allocator of client savings.
Maintaining balanced accounts for clients are the primary investment objective today, which involves maintaining a balanced asset allocation between equity and fixed-income investments, driven by "expected returns" and the valuation of respective markets.
As an example, with very low yields in the Treasury and credit markets as of the Spring, 2015, and with an unemployment rate of 5.5%, down from 6.5% in mid-2014, the thought is that fixed-income represents far more longer-term "risk" than reward, while the SP 500 and the Nasdaq are more fairly-valued today than the bond markets.
However, much of the investment process is driven by an assessment of client risk, as well as absolute and relative valuation metrics of stock and bond markets, both in the US and non-US markets.
Where Trinity does pick individual stocks for client accounts - and we like to do this for clients, and clients do like to own the stocks of businesses that they see and feel everyday (e.g. Starbucks, Amazon, Ford, GM, etc. etc.) we do quite a bit of fundamental homework, but also look for lower-risk entry points using technical analysis, and sentiment data.
For clients that prefer "all-stock" portfolios, Trinity will blend a portfolio of traditional value and growth (traditionally known as large-cap "core") stocks for clients, to reduce portfolio volatility.
For clients that prefer balanced portfolios, we will pick individual stocks, as well as sector ETF's and some country and asset-class index funds, which are combined with open-ended fixed-income funds and ETF's.
Laddered-bond portfolios provide a defensive strategy for bond portfolios in rising-interest-rate environments.
Also, the evolving capital markets and development of instruments such as ETF's and "Liquid Alt's" funds has brought asset-classes and investment strategies that were traditionally not available to retail investors, into the retail investing world. The point being that Trinity Asset Management is always looking for new vehicles and tools, to offer to clients, to improve performance, and lower the cost of investing.
The famed martial artist Bruce Lee once opined that "the best (fighting) style was no style". While I don't necessarily agree with that sentiment in its entirety, the fact is the US and global stock, bond, and commodity markets, not to mention the various vehicles to invest in these markets, requires constant vigilance, and the persistent analysis of risk vs return.
The constant evaluation of risk versus return never stops.
Trinity would like to make the following statement about investing and risk:
Trinity Asset Management, Inc. is registered investment advisor, currently registered with the State of Illinois.
Each year we are required to file Form ADV with the State of Illinois, and to make available or offer to clients Form Adv, Part II, Schedule F. To access Trinity Asset Management's Form ADV, please browse to the following link and where requested, type in the firm name, or the firm IARD #109152.
© Trinity Assest Management