FSA Investment Group is a Registered Investment Adviser under the Investment Advisers Act of 1940.
FSA team members have been providing independent and unbiased fiduciary support and advice to Indian Country for over a decade. The team is experienced in working intimately with Tribal Councils, Investment Committees, and governmental administration to ensure continuity throughout the different units.
FSA’s investment philosophy is to construct, or help the Investment Committee construct, fully diversified, value-oriented portfolios that meet the requirements and objectives of the applicable investment policy statement(s). The composition of FSA portfolios reflects the belief that patience, discipline, and process-driven investing provides efficient, long-term returns.
FSA utilizes diversification to capture return opportunities and repurchase undervalued assets while also strategically reallocating when necessary.
FSA’s value orientation deters over-priced assets from entering the portfolio. Assets that the market deems out of favor present opportunity for a portfolio. FSA purchases these securities and hires value managers to capitalize on these opportunities.
FSA’s focus on compliance with the Investment Policy Statement(s) requirements keeps the long-term financial goals of the tribe a priority. The Investment Policy Statement is meant to be the foundation for all investment decisions.
FSA’s process driven philosophy is designed to mitigate the negative effect of emotional decision making. Rather than following the crowd, FSA is committed to analyzing the fundamentals and making reasoned decisions. As Warren Buffett says, “be greedy when others are fearful and fearful when others are greedy”. In other words: build a process, commit to it, and recognize that short term trends do not drive long term returns.
FSA leverages the power and capabilities of multiple research tools to analyze and interpret investment related data sets for mutual funds, ETFs, and/or individual securities. FSA also utilizes a research management database to facilitate the research and due diligence process when evaluating investment managers. FSA has an internal Investment Committee that meets on average four (4) times per year and makes decisions regarding asset allocation, investment manager selection, investment manager termination, and the Chief Investment Officer provides detailed training regarding various asset classes, securities, market outlook, and other pertinent investment information.
FSA uses a hands-on approach and is experienced in providing education/training, information and guidance, as well as creating structure for Tribal Investment Committees.