Beacon Wealth Consultants Launches Core-Satellite Portfolios for Christian Advisors

ROANOKE, Va., Oct. 29, 2018 /PRNewswire/ -- Beacon Wealth Consultants today introduced the LightPoint Core/Satellite Portfolios™. These turn-key, risk-based portfolios offer an innovative strategy unlike any other available for Christian wealth advisors desiring to implement Biblically Responsible investing solutions for their clients.

"We're very excited to offer independent advisors a solution that provides tactical management to complement the strategic allocations they typically utilize," said Cassandra Laymon, President of Beacon Wealth.

The LightPoint Core/Satellite Strategy offers a flexible method for adapting to changes in market trends as they occur. It strikes a balance between strategic and tactical allocation by leveraging the most effective aspects of each.

Hillary Sunderland, CFA® is the Chief Investment Officer for Beacon Wealth Consultants and Portfolio Manager for LightPoint Core/Satellite. Prior to joining Beacon Wealth Consultants, she served as CIO at a Registered Investment Advisor with over $1 billion in assets under management.

"Investors want their advisors to be more proactive," said Sunderland. "These portfolios provide that by utilizing a relative strength model that harnesses market opportunities in bull markets, while systematically reducing risk in strong bear markets."

The LightPoint Core/Satellite Portfolios™ incorporate values-based screening which allows advisors to offer portfolio management that adheres to their clients' faith values. This comes at a time when interest in values-based investing has never been higher.

According to a 2017 study by the Morgan Stanley Institute:

• 75% of investors expressed interest in achieving positive social impact with their investment dollars (including 23% who were "very interested")  
• Only 40% of advisors were interested when they asked the same question (including just 9% who were "very interested")

This could explain why other studies have shown a disconnect between interest levels in values-based investing and actual implementation of it. A few years ago, TIAA surveyed retirement plan participants and found that nearly two-thirds were interested in the social and environmental impact of the companies they invest in while the vast majority (77%) said an advisor had never spoken to them about it.

Despite the opportunity for Christian advisors, they have faced a number of logistical hurdles that have hindered their ability to incorporate faith-based investments. Laymon says their Core/Satellite Strategy was created to address these concerns.

"We're providing advisors with a streamlined process for engaging with us, collateral materials to educate their clients, and a uniform screening methodology. We want to ignite a movement of Biblically Responsible Investing, and to help do that, we're equipping advisors with a wide range of high quality, professionally-managed portfolios."

Beacon Wealth Consultants is a comprehensive financial planning and investment management firm founded 20 years ago to help clients gain the clarity they need to plan well and make biblically-wise investment choices.

If you would like more information about this topic, please visit LightPointPortfolios.com or contact Cassandra Laymon at [email protected] or 540-345-3891.

SOURCE Beacon Wealth Consultants