Are you getting the most out of your outsourced CIO?
As an independent partner, FAIR provides an unbiased review of the performance of your outsourced CIO. We provide an in-depth analysis of investment returns and risks as they relate to your objectives and a customized peer group universe that we will help you develop. FAIR evaluates all costs associated with your investment program and compares those with industry norms as we see them.
We leverage our capital market experience to identify and expose risks and opportunities beneath the surface of your investment strategy. FAIR provides the data, information, and recommendations to help you make informed decisions about those that will protect the future success of your institution.
What is FAIR?
Boards that operate at peak performance should expect their OCIO and portfolios to do the same. A commitment to excellence and attention to detail can help institutions position themselves to better serve their beneficiaries.
As a fiduciary, boards must expect best practices to ensure quality oversight of that OCIO because it’s important that organizations get the most out of that relationship. That is why we developed FAIR by OneAscent.
FAIR - or Fiduciary Audit and Independent Review - is designed as a fiduciary oversight program that services endowments, foundations, health and welfare plans, pension & qualified retirement plans, and family offices. FAIR is designed to deliver protection and excellence in investment plan management through independent governance, monitoring, and experienced advice related to OCIO performance and your investment objectives, investment policies, and your portfolio.
As an independent consultant, FAIR is led by an experienced Institutional Investment advisor, Phil Shaffer, who connects the audit back to the investment policy, goals and objectives to provide neutral, unbiased analysis and feedback on your existing OCIO’s performance always with the intention of protecting the future well-being of your institution’s beneficiaries.
Who is FAIR
right For?
Higher Education
Religious Institutions
Taft-Hartley
Family Offices
Foundations
Endowments
Healthcare
Corporations
FAIR Process
Define Overall Objectives
Collection of All Policies & Fund Data
Integration with
OCIO Partner
Data Review & Evaluation
Strategy, Analysis & Recommendations
Deliverables
FAIR delivers a comprehensive report on the health and success of your current outsourced CIO. Our report includes:
Total value added/detracted of your OCIO
Peer group analysis of distribution of returns & risks
Fee-benchmarking
Multi-faceted Product Evaluation
12-factor Manager/Product Scorecard
Overall key findings, opportunities and recommendations
FAIR Leadership
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Phil C. Shaffer, CIMA®
Managing Director - Institutional Services
Phil brings 35 years of institutional asset management experience having successfully served non-profit institutions including healthcare, foundations, religious organizations, colleges, and universities.
He is widely recognized as a pioneer and leading innovator in the institutional consulting field and has been named as one of the Top 10 Institutional Consultants in America and Top 100 Financial Consultants in America, both by Barron’s.
He was a Managing Director at Morgan Stanley Wealth Management and co-founder of the firm’s Graystone Consulting business. At Graystone, he managed over $5 billion for more than 40 non-profit institutions.
Phil and his wife Melissa are passionate about a range of humanitarian issues including gospel centered renewal, education, poverty, economic empowerment racial reconciliation and ending human trafficking. He serves on the Board of Directors for Living on the Edge with Chip Ingram and is a member of the Champions Forum for Kingdom Advisors.
An honors graduate of the College of Wooster, he received the CIMA designation from studies at the Wharton School of Business, University of Pennsylvania.