Kravitz Unveils Asset Allocation Solution for Cash Balance Plans

Kravitz, in conjunction with Kravitz Davis Sansone (KDS), the Registered Investment Advisor arm of the Kravitz team, has released the Kravitz Cash Balance Maturity Portfolios – a new series of portfolios developed exclusively for cash balance plans.

Available to retirement plan intermediaries and investment advisors, the Kravitz Cash Balance Maturity Portfolios, are constructed and managed by a team of investment experts and actuaries who focus exclusively on the complex market niche of cash balance plans.  

“Cash balance plans evolve over time in very unique ways” says Dan Kravitz, President of Kravitz. “They need to evolve as the significant account holders age and as the Plan’s tolerance for risk changes.”  

Portfolio Planners

According to a press release, the Kravitz Cash Balance Maturity Portfolios are the first and only investment strategies developed exclusively to meet the unique needs and complexities of cash balance plans.   They offer cash balance plan sponsors access to a strategically designed investment plan that includes cost effective diversification and risk management over time.

Stephan Miskjian, Portfolio Manager for KDS Advisors, will serve as the manager of the Kravitz Cash Balance Maturity Portfolios. “We construct investment portfolios that are highly diversified with exposure to up to 17 separate asset classes and 21 mutual funds and ETFs (Exchange Traded Funds),” Miskjian says.  

Mark Davis, a seventeen year veteran of the retirement plan industry, an investment adviser representative for KDS, and a regular member of PLANSPONSOR’s “Plugged In” expert panel, was the architect behind the development of the portfolios.   “Kravitz is uniquely focused on the asset management challenges of these highly sophisticated plans,” Davis commented.   “We develop customized risk management strategies for each client’s plan.   We work hand in hand with the actuaries and consultants who administer cash balance plans as well as investment advisors seeking a unique approach for their clients’ plans.”

Other Initiatives

Kravitz has recently unveiled a number of new initiatives targeted at cash balance plans, including a new web site, a Cash Balance Program to help retirement plan advisers grow their retirement plan business (see  California Co. Launches Cash Balance Plan Web Site ), and a “partners program” designed to help third party administrators (TPAs) (see  New Program Helps TPAs with Management of Cash Balance Plans ).

For more information on the Kravitz Cash Balance Maturity Portfolios please contact Dan Kravitz at Kravitz at 818-379-6162.