Business Succession Planning

The overarching investment philosophy that drives portfolio management decisions at Rovin Capital- and makes us one of the best RIA firms in the Phoenix and Salt Lake City areas- boils down to three basic principles:

1) Slow and steady wins the race. One of our long-standing investment mantras is that “the market is a wonderful tool to enhance wealth, but should not be one’s preferred tool to create wealth.” Having a seasoned partner by your side who 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) A simple approach is the best approach. 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 employ a variety of investment analysis and portfolio management methods, ranging from tactical to strategic:

• ETFs
• Mutual funds
• Individual stocks
• Individual bonds
• Structured products

We subscribe to Modern Portfolio Theory, in which we feel there are efficiencies in the market, and that active management cannot add alpha in a highly probable way. We use actively managed investment funds where inefficiencies exist. Our tactical allocation strategy trades monthly and is ETF-based. We also employ 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 clients with more complex needs.

Christopher Heyman is the Chief Investment Officer at Rovin Capital. Heyman oversees the various investment areas of the firm. Although Christopher oversees the implementation of our managed investment accounts, Rovin Capital has a disciplined process that factors in the expertise and wisdom of multiple individuals, both inside and outside of the firm. Were anything to happen to Christopher, there are multiple processes and individuals in place to continue these operations.