We focus on tactical asset allocation
and risk management.

Our approach to strategic asset allocation for investors is distinct because of our focus on the tactical asset allocation and risk management aspects of investment management. Most strategies below utilize our Flexible Strategy Method (FPM) of a Core holding of related strategy positions and a Swing holding that primarily uses Bull or Bear ETFs designed to increase or decrease market exposure in tune with our Technical Analysis of market trends.

growth strategy

Focus List Plus

The FLP is an eclectic growth strategy that focuses on Raymond James analysts’ top growth research combined with independent sources to help create a focused, high conviction strategy that strives to beat the S&P 500 over a full cycle. FLP typically focuses on 20 to 30 securities that IPMG believes are likely to produce above-average price appreciation.


The GOP is primarily a large-cap, multi-style growth strategy that focuses on high quality blue-chip dividend growth stocks. GOP will seek broad diversification across most of the major economic sectors. A top-down investment approach to these broad sectors will be taken to determine the desired sector exposure of the strategy. A bottom-up approach to stock selection will be applied thereafter. The GOP may be appropriate for investors seeking to grow their capital by investing in what we believe are growing, high quality businesses, while also tapping into the power of compounding through dividend growth potential.


The GPP strategy is fully tactical and implements our proprietary approach to technical analysis of price trends. GPP typically focuses on 10 to 15 ETFs and/or mutual funds to trade short to intermediate term opportunities based on our technical analysis of broad market and sector trends.


The EDRP is a more targeted growth strategy. This strategy may be appropriate for investors seeking to respond to opportunities that arise from a wide array of potential events, such as geopolitical strife on a global scale, central bank policy on a global scale, domestic political developments, resource shortages (natural or not), etc. Strategy holdings include mostly individual companies and ETFs that focus on the sectors and subsectors of this strategy. The defense sector combined with cybersecurity are areas of focus, along with the energy markets, basic materials, food, agriculture, real estate, and of course, resources more broadly that may also include precious metals.

Income & Growth strategies

Equity Income Strategy Plus

The EIPP strategy is designed with the income investor in mind and targets areas that have the potential to pay above average cash flow. We cover a number of areas not typically seen in your average Equity Income Strategy, such as energy infrastructure, business development finance companies, dividend capture strategies, call option strategies, utilities, bonds, specialized REITs, broad infrastructure assets, convertibles, as well as global value oriented equities.


The DITP is designed to be highly flexible, diversified allocation among various types of bond funds as determined by our analysis of credit and interest rate markets. The type of bond fund sectors analyzed include U.S. government/agency, municipal bonds, U.S. corporate (investment grade and high yield), international investment grade hedged or non-hedged to the U.S. dollar, and emerging market debt.

Prior to investing in the Equity Income Portfolio Plus, you must receive a copy of the options disclosure document titled "Characteristics and Risks of Standardized Options," which is available from IPMG. Options involve risk and are not suitable for all investors. Supporting documentation regarding options is available on request.

Macro investment trends

Global Investment Strategy

GIP is structured to help respond to either inflationary or deflationary trends by implementing a more diversified set of core assets, including alternative assets, that may respond to these risks and opportunities over the long term. Many of these trends can be dominated by Central Bank Policy and money flows. We have added the flexibility, through our active allocation, to be responsive to the vagaries of these ever changing trends. This strategy is diversified, covering a number of different asset classes and sectors that we believe have the potential to do well under an environment of growing geopolitical unrest and increased market uncertainty.

Asset Allocation Strategy Plus

the foundation of the AAPP, is our application of the 1990 Nobel Prize* in eco nomics theory of asset allocation that combines several diversified and low correlated asset classes together in one strategy. This strategy is built for the long term investor, non-profit organization, or institution that seeks a globally diversified approach with the goal of gener ating above-average returns with below-average risk. The AAPP blends a more classic balanced approach to investing by using passive index-based securities across 10 different segments of the market, com-bined with our more active risk management process.

Definitions: An ETF is a type of Investment Company whose investment objective is to achieve a return similar to that of a particular market index. An ETF will invest in either all of the securities or a representative sample of the securities included in the index they track. ETFs may be bought or sold throughout the day in the secondary market, but are generally not redeemable by retail investors for the underlying basket of securities they track. Clients likely to find a ETF strategy most appropriate are those willing to accept market-like returns, lower management fees and operating expenses, with little potential for the individual ETFs to outperform the indices they track. Mutual funds are typically actively managed, and as a result, the underlying management fees and operating expenses assessed by the fund companies are generally higher than those for ETFs (1% to 1.5% for mutual funds versus .20% to .30% for ETFs). Potential investors should understand that the annual advisory fee charged by Raymond James in these strategies (for management of ETFs, mutual funds, stocks, and other assets) is in addition to the management fees, operating expenses, and other expenses charged by ETFs and mutual funds. Because ETFs have the characteristics of both stocks and mutual funds, it is possible to measure performance in two ways. Because ETFs are traded in the secondary market like stocks, performance can be measured in terms of the market price of the ETF. However, since the underlying value of the ETF is based on the securities held in the fund, like a mutual fund, it also can be measured in terms of the Net Asset Value. We believe that market price perfor-mance is more representative of our clients’ experiences due to the fact that all transactions conducted for ETFs are done in the secondary market S&P 500: Representing approximately 80% of the investable U.S. equity market, the S&P 500 measures changes in stock market conditions based on the average performance of 500 widely held common stocks. It is a market-weighted index calculated on a total return basis with dividends reinvested. You cannot invest directly in an index. Top-down approach: Looks first to the macroeconomic environment, attempting to identify sectors and industries that will benefit from broad economic trends before identifying specific companies as portfolio candidates and beginning fundamental research. Bottom-up approach: Focuses on the fundamentals of the individual companies being considered for the portfolio, with the macroeconomic perspective given secondary or no consideration.

*Nobel Prize winning Theory of Harry Markowitz – https://www.nyu.edu/about/news-publications/news/2014/march/portfolio-diversification--optimization-matches-nobel-winning-th.html

Raymond James is not affiliated with New York University or Harry Markowitz.

Any opinions are those of the Investment Manager(s) and their team and not necessarily those of Raymond James. Opinions are subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security outside of a managed account. This should not be considered forward looking, and does not guarantee the future performance of any investment.

All investments are subject to risk, including loss. There is no assurance that any investment strategy will be successful. Asset allocation and diversification does not ensure a profit or protect against a loss. It is important to review the investment objectives, risk tolerance, tax objectives and liquidity needs before choosing an investment style or manager. This Fact Sheet is not intended to be a client-specific suitability analysis or recommendation. Do not use this as the sole basis for investment decisions. Do not select an investment strategy based on performance alone.

The individual(s) mentioned as the Investment Manager(s) are Financial Advisors with Raymond James participating in a Raymond James fee-based advisory program. This is an investment advisory program in which the client's Financial Advisor invests the client's assets on a discretionary basis in a range of securities. Raymond James investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be suitable for you.

In a fee-based account, clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm's Form ADV Part 2 as well as the client agreement.

Every type of investment, including mutual funds, involves risk. Risk refers to the possibility that you will lose money (both principal and any earnings) or fail to make money on an investment. Changing market conditions can create fluctuations in the value of a mutual fund investment. In addition, there are fees and expenses associated with investing in mutual funds that do not usually occur when purchasing individual securities directly.

This strategy may contain Exchange Traded Funds (ETF) and/or Mutual Funds. Investors should carefully consider the ETF and mutual fund investment objectives, risks, charges, and expenses before investing. The prospectus contains this and other information and can be obtained from the ETF or Mutual Fund sponsor as well as from your financial advisor. The prospectus should be read carefully before investing.

Equities: Investors should be willing and able to assume the risks of equity investing. The value of a client's portfolio changes daily and can be affected by changes in interest rates, general market conditions and other political, social and economic developments, as well as specific matters relating to the companies in which the strategy has invested. Companies paying dividends can reduce or cut payouts at any time.

Fixed Income: All fixed income securities are subject to market risk and interest rate risk. If fixed income securities are sold in the secondary market before maturity, an investor may experience a gain or loss depending on the level of interest rates, market conditions and the credit quality of the issuer. There is an inverse relationship between interest rate movements and bond prices. Generally, when interest rates rise, bond prices fall and when interest rates fall, bond prices generally rise. Please note these strategies may be subject to state, local, and/or alternative minimum taxes. You should discuss any tax or legal matters with the appropriate professional.

Sectors: Strategies that invest primarily in securities of companies in one industry or sector are subject to greater price fluctuations and volatility than strategies that invest in a more broadly diversified strategies. The Strategy may have over-weighted sector and issuer positions and may result in greater volatility and risk.

Commodities and currencies are generally considered speculative because of the significant potential for investment loss. They are volatile investments and should only form a small part of a diversified portfolio. Markets for precious metals and other commodities are likely to be volatile and there may be sharp price fluctuations even during periods when prices overall are rising.
Investing in REITs can be subject to declines in the value of real estate. Economic conditions, property taxes, tax laws and interest rates all present potential risks to real estate investments.

Alternative Investments involve substantial risks that may be greater than those associated with traditional investments and may be offered only to clients who meet specific suitability requirements, including minimum net worth tests. These risks include but are not limited to: limited or no liquidity, tax considerations, incentive fee structures, speculative investment strategies, and different regulatory and reporting requirements. There is no assurance that any investment will meet its investment objectives or that substantial losses will be avoided.

Options involve unique risks, tax consequences and commission charges and are not suitable for all investors. When appropriate, options should comprise a modest portion of an investor's portfolio. No statement within this document should be construed as a recommendation to buy or sell a security or to provide investment advice. Prior to making any options transactions, investors must receive a copy of the Options Disclosure Document which may be obtained from your financial advisor.