Centralized Portfolio Management (CPM)

Our Centralized Portfolio Management (CPM) process seeks to simplify and enhance investment implementation. In addition to implementation efficiency, the CPM process allows for truly customized tax management, restrictions management, and asset class rebalancing.

Strategy Goals

Parametric’s Centralized Portfolio Management (CPM) strategy strives to provide the pre-tax return of multiple asset managers or styles combined within a single coordinated portfolio. By combining the inputs from various strategies into a centralized single account, CPM allows for individual tax, risk, and customization decisions for each client account.

Features of CPM accounts include:

Fully customizable through account-level restrictions, and tax considerations
Disciplined rebalancing
Ongoing tax-loss harvesting
Deferral of short-term gains
Wash sale avoidance
Tax-efficient withdrawals, security deposits, manager, and allocation changes

Investment Philosophy

Preferred managers will provide their investment research directly to the centralized portfolio manager (Parametric).

Parametric will combine the investment decisions of each investment manager at their respective weights and create a customized CPM target with security bounds.

Parametric will optimize the portfolio specifically for each account and create customized trades.

The above example is for illustrative purposes only and is not representative of any client portfolio. It should not be considered investment advice or a recommendation to adopt any investment strategy.

The Parametric Central Portfolio Management strategy is offered by Parametric Tax-Managed & Centralized Portfolio Management. For additional information please visit the Disclosure page.

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Investment advisory services offered through Parametric Portfolio Associates^® LLC ("Parametric"), an investment advisor registered with the US Securities and Exchange Commission (CRD #114310). Parametric is also registered as a portfolio manager with the securities regulatory authorities in certain provinces of Canada (National Registration Database No. 42850) with regard to specific products and strategies. Parametric provides advisory services directly to institutional investors and indirectly to individual investors through financial intermediaries. The information on this website does not constitute an offer to sell, or a solicitation of an offer to purchase, securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Investing entails risks, and there can be no assurance that Parametric (and its affiliates) will achieve profits or avoid incurring losses. All investments are subject to potential loss of principal. Parametric does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. Please refer to the disclosure page for important information about investments and risks.

S&P Dow Jones Indices are a product of S&P Dow Jones Indices LLC (“S&P DJI”) and have been licensed for use. S&P^® indexes are registered trademarks of S&P DJI; Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); S&P DJI, Dow Jones, and their respective affiliates do not sponsor, endorse, sell, or promote Parametric and its strategies, will not have any liability with respect thereto, and do not have any liability for any errors, omissions, or interruptions of the S&P Dow Jones Indices.

NOT FDIC INSURED. OFFER NOT A BANK GUARANTEE. MAY LOSE VALUE. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT A DEPOSIT.

Centralized Portfolio Management (CPM)

Strategy Goals

Investment Philosophy

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