Welcome to Heintzberger | Payne
Heintzberger | Payne Advisors (formerly Northwest Capital Management, Inc.) is an investment advisor registered with the Securities and Exchange Commission. Our clients are retirement plan sponsors, institutional investors, charitable organizations and high-net worth individuals. For some, we act purely in a consulting capacity. For most clients, we act with full discretion, within the constraints of a clearly defined Statement of Investment Policy (or SIP, for short), in the management of their assets. Many of our clients are retirement plan sponsors. For these clients, we act in the capacity as an Investment Manager (as defined by ERISA) in order to alleviate the sponsor of much of its fiduciary liability.
An essential element of our advisory services is the creation of the SIP, a document that sets forth the authority given to us for asset management while establishing the benchmarks against which performance is measured. The process of creating the SIP requires that we come to know the Client's investment objectives and their expectation for performance.
We extensively employ technology to facilitate our communication with clients about the management of their portfolios. Updates regarding transactions and investment performance are posted daily. In addition, we send by mail quarterly performance reports.
Year in Review
Despite several potential headwinds, stocks performed exceptionally in 2013. Even with the budget sequestrations, the fiscal cliff, the government shutdown, turmoil in Syria, declining labor force participation, and continued concern over the debt ceiling, the S&P 500 continued its fifth consecutive calendar year gain and closed the year up 32.4% (this gain considers the re-investment of dividends)...
A lot happened in September. As of this writing, the Federal government's shutdown continues over disagreements about the budget, the debt ceiling may possibly be breached in the next couple of weeks, and the controversial roll-out of the Affordable Care Act continues amid discussions of a changing Fed Governorship. Meanwhile, the Federal Reserve seems to have caught itself between a rock and a hard place with its quantitative easing measures that have proven difficult to unwind....