Private Clients
We help families of institutional scale build portfolios to meet their investment goals and fulfill their legacies.
Our private clients’ investment portfolios are an integral part of their financial enterprise. Because no two families are alike, we work closely with each investor to build a portfolio based on his or her unique investment objectives, tax considerations, risk tolerance, and other unique factors. We are also practiced at collaborating with other financial advisors to create a seamless partnership.
Our expert investment teams work with families at various stages of the investment lifecycle. We aim to build long-term relationships with our private clients, helping them to prepare for generational wealth transfers, establish governance processes, and educate family members on how to preserve and grow their wealth.
The relationships we build are grounded in an alignment of interests with our clients. We don’t generate fees from investment products or have financial relationships with managers for recommending their products. Our clients can trust that the investment decisions we make for their portfolios are meant to achieve their financial objectives, not our own.
* Cambridge Associates typically works with families, family offices, and individuals with a minimum portfolio size of $100 million.
Services We Offer
Portfolio Management
When building portfolios for private clients, we are responsible for managing the portfolio and delivering results. Families can choose to work with us on a discretionary or a non-discretionary basis. Under our discretionary model, we are responsible for portfolio strategy, implementation, day-to-day management, and operations. Under a non-discretionary arrangement, we are responsible for day-to-day oversight of the portfolio, providing directive recommendations on asset allocation, portfolio structure, and manager selection — all subject to approval by the client.
Asset Class Mandates
With investment expertise across asset classes, and specialized resources in alternative assets, we manage a portion of a private client’s portfolio, such as private equity, private credit, co-investments, hedge funds, real assets, or other asset classes. As with our portfolio management services for total assets, private clients engage with us in either a discretionary or a non-discretionary capacity for single asset mandates.
Staff Extension
For families with a well-staffed family office, we partner closely with them to complement and augment their in-house resources, providing our expertise and manager relationships across asset classes or in specific asset classes only.
Latest Research
Social Equity Investing: Righting Institutional Wrongs
There is perhaps no better time for social equity investing. Many institutional investors have long sought to promote social equity through grant making and other philanthropic endeavors. With the field of impact investing maturing, these institutions are now increasingly seeking investment solutions to accomplish the same goal. In this paper we review the current state of social equity in the United States, highlight eight core social equity issue areas, and discuss the lessons we’ve learned in constructing portfolios with these investments. While investors need to be mindful of risks, we believe that investments can be made to promote a social equity impact agenda across the portfolio.
Read More »
Venture Capital and Impact Investing: Blurring Boundaries Mean New Opportunities
Impact investing – allocations that aim for social and/or environmental change or to solve a problem in the world – has historically stood apart from…
Read More »
CA Answers: What Should Individual Investors Do Now That the US Tax Bill Has Passed?
The new US tax bill creates little pressure for immediate action by individual investors, even though we expect the legislation to be quite impactful.
Read More »
CA Answers: Is Private Equity Replacing Public Equity?
It sure looks like it. The increasingly unforgiving nature of public equity markets, coupled with the continued evolution and growth of private investment markets, is making it easier for more companies to stay private, with some CEOs avowing to do so indefinitely.
Read More »
Social Equity Investing: Righting Institutional Wrongs
There is perhaps no better time for social equity investing. Many institutional investors have long sought to promote social equity through grant making and other philanthropic endeavors. With the field of impact investing maturing, these institutions are now increasingly seeking investment solutions to accomplish the same goal. In this paper we review the current state of social equity in the United States, highlight eight core social equity issue areas, and discuss the lessons we’ve learned in constructing portfolios with these investments. While investors need to be mindful of risks, we believe that investments can be made to promote a social equity impact agenda across the portfolio.
Read More »
Venture Capital and Impact Investing: Blurring Boundaries Mean New Opportunities
Impact investing – allocations that aim for social and/or environmental change or to solve a problem in the world – has historically stood apart from…
Read More »
CA Answers: What Should Individual Investors Do Now That the US Tax Bill Has Passed?
The new US tax bill creates little pressure for immediate action by individual investors, even though we expect the legislation to be quite impactful.
Read More »
CA Answers: Is Private Equity Replacing Public Equity?
It sure looks like it. The increasingly unforgiving nature of public equity markets, coupled with the continued evolution and growth of private investment markets, is making it easier for more companies to stay private, with some CEOs avowing to do so indefinitely.
Read More »
Contact Us
We help families of institutional scale build portfolios to meet their investment goals and fulfill their legacies.
Because no two families are alike, we work closely with each investor to create a portfolio based on his or her unique investment objectives, tax considerations, risk tolerance, concentrated positions, and other unique factors.
We build long-term relationships with our clients, working with them at various stages of the investment lifecycle to prepare for generational wealth transfers, establish governance processes, and educate family members on how to preserve and grow their wealth. We assist many families in establishing and managing private foundations to support their philanthropic endeavors, and can leverage our expertise in impact investing to reflect a client’s values and priorities.
Our global footprint enables us to uncover areas of significant investment potential in diverse alternative assets such as private equity, venture capital, and real assets, while our scale allows us to negotiate competitive terms for the benefit of our clients. For four decades, we have built a network of established and promising new managers across all asset classes to achieve one objective: to get access to the best investment managers for each client’s unique portfolio.
We are aligned with our clients. We don’t generate fees from investment products or have financial relationships with managers for recommending their products.
Services We Offer
Portfolio Management
In building and managing a total portfolio, we work in either a discretionary or non-discretionary basis. Under our discretionary (OCIO) model, we are responsible for portfolio strategy, implementation, day-to-day management, and operations. Under a non-discretionary arrangement, we are responsible for day-to-day oversight of the portfolio, providing directive recommendations on asset allocation, portfolio structure, and manager selection — all subject to approval by the client.
Asset Class Mandates
With investment expertise across asset classes and specialised resources in alternative assets, we can manage a portion of a portfolio, such as private equity, private credit, co-investments, hedge funds, real assets, or other asset classes. As with our total portfolio services, portfolio management of asset class mandates is available on either a discretionary or non-discretionary basis.
Staff Extension
We partner closely with family offices that have significant investment staff to complement and augment their in-house resources. In this capacity, we provide our expertise and manager relationships across asset classes, or in specific asset classes, and act as a sounding board for investment ideas.
Latest Research
VantagePoint: Third Quarter 2018
Climbing the wall of worries is getting tougher. There is room for markets to progress, but caution is required at this stage in the cycle. Markets must overcome four main forces: monetary policy tightening, US dollar strength, a China growth slowdown, and trade friction.
Read More »
Venture Capital and Impact Investing: Blurring Boundaries Mean New Opportunities
Impact investing – allocations that aim for social and/or environmental change or to solve a problem in the world – has historically stood apart from…
Read More »
VantagePoint: Second Quarter 2018
Advice in Brief The global economy and capital markets are constantly evolving. From the industrial revolution in the 1700s, to information technology in the last…
Read More »
CA Answers: Is it Time to Sell Energy MLPs?
We don’t think so. Investors with allocations to energy MLPs (master limited partnerships) may want to maintain existing allocations, despite their recent poor performance and the proposed regulatory changes impacting interstate pipelines.
Read More »
CA Answers: Is the Environment for Active Management Improving?
We are asked this question on a regular basis, but believe it is fundamentally the wrong question for investors to ask if they are seeking to outperform the market over the long term.
Read More »
Outlook 2018: Stick Around for Dessert
In our 2018 outlook, we review the prospects for several asset classes—developed and emerging markets equities, credit, real assets, sovereign bonds, and currencies—and share the advice of our chief investment strategist.
Read More »
CA Answers: Is Private Equity Replacing Public Equity?
It sure looks like it. The increasingly unforgiving nature of public equity markets, coupled with the continued evolution and growth of private investment markets, is making it easier for more companies to stay private, with some CEOs avowing to do so indefinitely.
Read More »
VantagePoint: Third Quarter 2018
Climbing the wall of worries is getting tougher. There is room for markets to progress, but caution is required at this stage in the cycle. Markets must overcome four main forces: monetary policy tightening, US dollar strength, a China growth slowdown, and trade friction.
Read More »
Venture Capital and Impact Investing: Blurring Boundaries Mean New Opportunities
Impact investing – allocations that aim for social and/or environmental change or to solve a problem in the world – has historically stood apart from…
Read More »
VantagePoint: Second Quarter 2018
Advice in Brief The global economy and capital markets are constantly evolving. From the industrial revolution in the 1700s, to information technology in the last…
Read More »
CA Answers: Is it Time to Sell Energy MLPs?
We don’t think so. Investors with allocations to energy MLPs (master limited partnerships) may want to maintain existing allocations, despite their recent poor performance and the proposed regulatory changes impacting interstate pipelines.
Read More »
CA Answers: Is the Environment for Active Management Improving?
We are asked this question on a regular basis, but believe it is fundamentally the wrong question for investors to ask if they are seeking to outperform the market over the long term.
Read More »
Outlook 2018: Stick Around for Dessert
In our 2018 outlook, we review the prospects for several asset classes—developed and emerging markets equities, credit, real assets, sovereign bonds, and currencies—and share the advice of our chief investment strategist.
Read More »
CA Answers: Is Private Equity Replacing Public Equity?
It sure looks like it. The increasingly unforgiving nature of public equity markets, coupled with the continued evolution and growth of private investment markets, is making it easier for more companies to stay private, with some CEOs avowing to do so indefinitely.
Read More »
Contact Us
We help families of institutional scale build portfolios to meet their investment goals and fulfill their legacies.
Our private clients’ investment portfolios are an integral part of their financial enterprise. Because no two families are alike, we work closely with each investor to build a portfolio based on his or her unique investment objectives, tax considerations, risk tolerance, and other unique factors. We are also practiced at collaborating with other financial advisors to create a seamless partnership.
Our expert investment teams work with families at various stages of the investment lifecycle. We aim to build long-term relationships with our private clients, helping them to prepare for generational wealth transfers, establish governance processes, and educate family members on how to preserve and grow their wealth.
The relationships we build are grounded in an alignment of interests with our clients. We don’t generate fees from investment products or have financial relationships with managers for recommending their products. Our clients can trust that the investment decisions we make for their portfolios are meant to achieve their financial objectives, not our own.
Services We Offer
Portfolio Management
When building portfolios for private clients, we are responsible for managing the portfolio and delivering results. Families can choose to work with us on a discretionary or a non-discretionary basis. Under our discretionary model, we are responsible for portfolio strategy, implementation, day-to-day management, and operations. Under a non-discretionary arrangement, we are responsible for day-to-day oversight of the portfolio, providing directive recommendations on asset allocation, portfolio structure, and manager selection — all subject to approval by the client.
Asset Class Mandates
With investment expertise across asset classes, and specialized resources in alternative assets, we manage a portion of a private client’s portfolio, such as private equity, private credit, co-investments, hedge funds, real assets, or other asset classes. As with our portfolio management services for total assets, private clients engage with us in either a discretionary or a non-discretionary capacity for single asset mandates.
Staff Extension
For families with a well-staffed family office, we partner closely with them to complement and augment their in-house resources, providing our expertise and manager relationships across asset classes or in specific asset classes only.
Latest Research
Venture Capital and Impact Investing: Blurring Boundaries Mean New Opportunities
Impact investing – allocations that aim for social and/or environmental change or to solve a problem in the world – has historically stood apart from…
Read More »
VantagePoint: Second Quarter 2018
Advice in Brief The global economy and capital markets are constantly evolving. From the industrial revolution in the 1700s, to information technology in the last…
Read More »
CA Answers: Is it Time to Sell Energy MLPs?
We don’t think so. Investors with allocations to energy MLPs (master limited partnerships) may want to maintain existing allocations, despite their recent poor performance and the proposed regulatory changes impacting interstate pipelines.
Read More »
CA Answers: Is the Environment for Active Management Improving?
We are asked this question on a regular basis, but believe it is fundamentally the wrong question for investors to ask if they are seeking to outperform the market over the long term.
Read More »
Outlook 2018: Stick Around for Dessert
In our 2018 outlook, we review the prospects for several asset classes—developed and emerging markets equities, credit, real assets, sovereign bonds, and currencies—and share the advice of our chief investment strategist.
Read More »
CA Answers: Is Private Equity Replacing Public Equity?
It sure looks like it. The increasingly unforgiving nature of public equity markets, coupled with the continued evolution and growth of private investment markets, is making it easier for more companies to stay private, with some CEOs avowing to do so indefinitely.
Read More »
CA Answers: Should Investors Position Themselves for US Tax Reform?
We would not seek to position portfolios specifically for tax reform as markets have already priced in some improvement in earnings from tax cuts, and the winners and losers from the proposed tax changes will not be clear until more details are provided.
Read More »
Venture Capital and Impact Investing: Blurring Boundaries Mean New Opportunities
Impact investing – allocations that aim for social and/or environmental change or to solve a problem in the world – has historically stood apart from…
Read More »
VantagePoint: Second Quarter 2018
Advice in Brief The global economy and capital markets are constantly evolving. From the industrial revolution in the 1700s, to information technology in the last…
Read More »
CA Answers: Is it Time to Sell Energy MLPs?
We don’t think so. Investors with allocations to energy MLPs (master limited partnerships) may want to maintain existing allocations, despite their recent poor performance and the proposed regulatory changes impacting interstate pipelines.
Read More »
CA Answers: Is the Environment for Active Management Improving?
We are asked this question on a regular basis, but believe it is fundamentally the wrong question for investors to ask if they are seeking to outperform the market over the long term.
Read More »
Outlook 2018: Stick Around for Dessert
In our 2018 outlook, we review the prospects for several asset classes—developed and emerging markets equities, credit, real assets, sovereign bonds, and currencies—and share the advice of our chief investment strategist.
Read More »
CA Answers: Is Private Equity Replacing Public Equity?
It sure looks like it. The increasingly unforgiving nature of public equity markets, coupled with the continued evolution and growth of private investment markets, is making it easier for more companies to stay private, with some CEOs avowing to do so indefinitely.
Read More »
CA Answers: Should Investors Position Themselves for US Tax Reform?
We would not seek to position portfolios specifically for tax reform as markets have already priced in some improvement in earnings from tax cuts, and the winners and losers from the proposed tax changes will not be clear until more details are provided.
Read More »
Contact Us
We help families of institutional scale build portfolios to meet their investment goals and fulfill their legacies.
Our private clients’ investment portfolios are an integral part of their financial enterprise. Because no two families are alike, we work closely with each investor to build a portfolio based on his or her unique investment objectives, tax considerations, risk tolerance, and other unique factors. We are also practiced at collaborating with other financial advisors to create a seamless partnership.
Our expert investment teams work with families at various stages of the investment lifecycle. We aim to build long-term relationships with our private clients, helping them to prepare for generational wealth transfers, establish governance processes, and educate family members on how to preserve and grow their wealth.
The relationships we build are grounded in an alignment of interests with our clients. We don’t generate fees from investment products or have financial relationships with managers for recommending their products. Our clients can trust that the investment decisions we make for their portfolios are meant to achieve their financial objectives, not our own.
Services We Offer
Portfolio Management
When building portfolios for private clients, we are responsible for managing the portfolio and delivering results. Families can choose to work with us on a discretionary or a non-discretionary basis. Under our discretionary model, we are responsible for portfolio strategy, implementation, day-to-day management, and operations. Under a non-discretionary arrangement, we are responsible for day-to-day oversight of the portfolio, providing directive recommendations on asset allocation, portfolio structure, and manager selection — all subject to approval by the client.
Asset Class Mandates
With investment expertise across asset classes, and specialised resources in alternative assets, we manage a portion of a private client’s portfolio, such as private equity, private credit, co-investments, hedge funds, real assets, or other asset classes. As with our portfolio management services for total assets, private clients engage with us in either a discretionary or a non-discretionary capacity for single asset mandates.
Staff Extension
For families with a well-staffed family office, we partner closely with them to complement and augment their in-house resources, providing our expertise and manager relationships across asset classes or in specific asset classes only.
Latest Research
Social Equity Investing: Righting Institutional Wrongs
There is perhaps no better time for social equity investing. Many institutional investors have long sought to promote social equity through grant making and other philanthropic endeavors. With the field of impact investing maturing, these institutions are now increasingly seeking investment solutions to accomplish the same goal. In this paper we review the current state of social equity in the United States, highlight eight core social equity issue areas, and discuss the lessons we’ve learned in constructing portfolios with these investments. While investors need to be mindful of risks, we believe that investments can be made to promote a social equity impact agenda across the portfolio.
Read More »
Social Equity Investing: Righting Institutional Wrongs
There is perhaps no better time for social equity investing. Many institutional investors have long sought to promote social equity through grant making and other philanthropic endeavors. With the field of impact investing maturing, these institutions are now increasingly seeking investment solutions to accomplish the same goal. In this paper we review the current state of social equity in the United States, highlight eight core social equity issue areas, and discuss the lessons we’ve learned in constructing portfolios with these investments. While investors need to be mindful of risks, we believe that investments can be made to promote a social equity impact agenda across the portfolio.
Read More »
CA Answers: Will the Addition of Chinese A-shares to MSCI’s Global Indexes Trigger an A-Share Rally?
Answers to our clients’ questions about market action and the market environment in a few paragraphs every two weeks. No, MSCI index inclusion will not…
Read More »
CA Answers: Is it Time to Sell Energy MLPs?
We don’t think so. Investors with allocations to energy MLPs (master limited partnerships) may want to maintain existing allocations, despite their recent poor performance and the proposed regulatory changes impacting interstate pipelines.
Read More »
Social Equity Investing: Righting Institutional Wrongs
There is perhaps no better time for social equity investing. Many institutional investors have long sought to promote social equity through grant making and other philanthropic endeavors. With the field of impact investing maturing, these institutions are now increasingly seeking investment solutions to accomplish the same goal. In this paper we review the current state of social equity in the United States, highlight eight core social equity issue areas, and discuss the lessons we’ve learned in constructing portfolios with these investments. While investors need to be mindful of risks, we believe that investments can be made to promote a social equity impact agenda across the portfolio.
Read More »
Social Equity Investing: Righting Institutional Wrongs
There is perhaps no better time for social equity investing. Many institutional investors have long sought to promote social equity through grant making and other philanthropic endeavors. With the field of impact investing maturing, these institutions are now increasingly seeking investment solutions to accomplish the same goal. In this paper we review the current state of social equity in the United States, highlight eight core social equity issue areas, and discuss the lessons we’ve learned in constructing portfolios with these investments. While investors need to be mindful of risks, we believe that investments can be made to promote a social equity impact agenda across the portfolio.
Read More »
CA Answers: Will the Addition of Chinese A-shares to MSCI’s Global Indexes Trigger an A-Share Rally?
Answers to our clients’ questions about market action and the market environment in a few paragraphs every two weeks. No, MSCI index inclusion will not…
Read More »
CA Answers: Is it Time to Sell Energy MLPs?
We don’t think so. Investors with allocations to energy MLPs (master limited partnerships) may want to maintain existing allocations, despite their recent poor performance and the proposed regulatory changes impacting interstate pipelines.
Read More »
