Business Succession Planning

The overarching investment philosophy that drives portfolio management decisions at Rovin Capital comes down to three basic principles:

1) Slow and steady wins the race – one of our long-standing investment mantras is “the market is a wonderful tool to enhance wealth, but should not be the preferred tool to create wealth.” Having a seasoned partner by your side that can take a more objective view can be very helpful – especially in maintaining a long-term perspective. Einstein said that compounding interest was the eighth wonder of the world, but just as it took years to build the great pyramids of Egypt, the same holds true with most successful investment strategies.

2) Keep the approach simple – while today’s markets are far more complex than they used to be,this does not mean that the solutions offered to clients need to mirror this increased complexity.Our desire is that each client understands how their money is invested. If a client believes in the process then they will feel confident that their objectives and goals will be achieved. As the great da Vinci said, “Simplicity is the ultimate form of sophistication.”

3) Diversification, allocation, and costs trump all – time and time again, empirical data has shown that the greatest factors impacting portfolio performance are (i) prudent diversification, (ii) proper asset allocation, and (iii) controlling costs. These three factors are at the forefront any time we build a new relationship and accompanying investment portfolio.

We manage a variety of strategies ranging from tactical to strategic. We use ETFs, mutual funds, individual stocks, individual bonds as well as structured products. We subscribe to ModernPortfolio Theory where we feel there are efficiencies in the market and active management cannot add alpha in a highly probable way. We use actively managed funds where inefficiencies exist. We have a tactical allocation strategy that trades monthly and is ETF-based. We have a strategic allocation strategy that trades when there are significant shifts in macro/micro market conditions. This strategy uses both ETFs and actively managed mutual funds. Some of our clients prefer individual equities and we run two large-cap strategies with individual equities. We also have a cash solution, a fixed income solution, and offer highly customized portfolios for more complex clients.

Matthew Staffieri’s current role with Rovin Capital is Chief Investment Officer. In this role, he oversees the various investment areas of the firm. Although Matthew oversees the implementation, Rovin Capital has a disciplined process that includes the expertise and wisdom of multiple individuals, both inside and outside Rovin Capital. Were anything to happen to Matthew, there are multiple processes and individuals in place to take over.