Jim W. Cravotta

MLAM's worldwide approach to equity investing uses a philosophy of identifying relative value among individual stocks and stock markets by focusing primarily on two variables: reinvestment rate and the price-to-book value ratio. There are seven additional screens employed to further refine the process. The factors used to identify value include price-to-cash flow, price-to-earnings ratios, past and future earnings growth and dividend payouts. For asset allocation, a country whose market valuation measurements seem consistently above or below world averages or its own historical averages are over or under-weighted accordingly. The degrees of over or under-weighting are determined by relative economic prospects as measured by the outlook for GNP, inflation and interest rates of each country and their impact on currency movements. By combining a value approach to individual stock selection with asset allocation by country, the firm seeks to achieve consistent performance relative to international equity indexes. MLAM combines top-down and bottom-up analysis and uses proprietary models as part of their research process. Their funds are team-managed.

CONCERT Wealth Management offers a variety of portfolios that combine different asset classes into dynamic investment solutions that are customized to meet each client's financial goals, growth expectations and tolerance for risk. Portfolios are strategically allocated through both conventional and alternative asset classes including stocks, bonds, currencies, natural resources, etc. CONCERT seeks to produce maximum risk-adjusted returns through prudent investment management. Their investment model allows them to use services and products from various custodians, brokerage firms and banks to provide clients the most competitive and ultimately low-cost financial solutions.

Functions as a College/University

Functions as a College/University

Provides global package delivery and supply chain management

Morgan Stanley Smith Barney Private Management serves as the investment advisor to funds designed to offer qualified investors the opportunity to invest in private equity investment funds-of-funds. The firm does not provide investment advice directly to investors in the funds.