Investment Expertise
The Foundation’s Investment Committee, a corps of volunteer investment experts listed below, meets a minimum of four times a year and uses the services of Crewcial Partners, LLC for advice regarding asset allocation and manager selection. The Foundation’s Board of Trustees has overall fiduciary responsibility for our investment pool.
Crewcial Partners, LLC provides specialized research, monthly manager performance summaries and quarterly portfolio analysis and reports. It is one of the premier advisors for community foundations and endowments around the country.
Within each asset class, we use world-class investment managers who are expected to outperform an appropriate market benchmark over long periods. This means that, even though our overall portfolio is diverse, each asset class is managed by experts in that particular strategy. In addition, we use market index funds to enhance diversification and moderate our management fees.
Our Investment Committee
The Jewish Community Foundation’s Investment Committee selects and reviews investment managers and consultants, designs and implements an asset mix within established asset allocation guidelines, monitors portfolio performance and recommends and implements our investment policy. The following individuals serve on our Investment Committee and receive no compensation for their work:
Joshua Gottfried, Chair
Co-founder & Principal
Gottfried and Somberg Wealth Management, LLC
David Roth
Managing Director, retired
WLD Enterprises
David P. Marks
Chief Investment Officer-President, retired
Members Capital Advisors
Brian S. Fierston
Vice President
Fierston Financial Group, Inc.
Elisabeth Kostin
Financial Planner
Commonwealth Financial Group
Naomi Baline Kleinman
Vice President & Treasurer, retired
The Phoenix Companies, Inc.
Robert B. Goldfarb
President
HRW Resources, Inc.
Gerald B. Goldberg
Divisional President
Focus Partners Wealth
Jay Spivak
Owner/Investment Advisor
Spivak Asset Management LLC