Investment Research

Access Insights Typically Reserved for Large Institutions

Lockwood Advisors, Inc. can provide institutional-quality research across markets, portfolio construction, manager due diligence and ongoing monitoring. Lockwood believes these insights are shaped by three core philosophical pillars:

• Long-term perspective: Maintaining a long-term investment horizon may help control emotional and behavioral bias that can often lead to poor investment outcomes.
• Disciplined risk controls: The goal of steady long-term wealth accumulation has a greater chance of being achieved with a bias toward avoiding losses.
• Drawing from the strength and experience of BNY Mellon: The process uses the research resources of BNY Mellon, providing capital market, asset allocation and manager selection views.

Looking Behind the Numbers to Pursue Investment Value

Using a clearly defined and repeatable process, Lockwood evaluates multiple strategy inputs as they relate to economic outlook, capital markets expectations, asset allocation and portfolio construction. It then employs its experience, analytic technology and committee-based decision-making process to conduct manager due diligence and ongoing monitoring² based on multiple factors, from organization and personnel to philosophy and process to implementation, and performance.

The team works hard to seek to stay ahead of the curve as market signals and the evolving financial landscape dictate change. They can help you in your efforts to do the same.

Evaluating the Investment World from Multiple Angles

Strategy inputs

Lockwood
Investment Team

BNY Mellon Investor
Solutions Manager Research¹

BNY Mellon
Capital Markets
Assumption Team

Lockwood
investment committee

Risk, Return and
Correlation
Forecasts

Strategic
Asset Allocation

Manager Selection
Due Diligence

Manager Selection
and Pairings

Trading and
Risk Management

Final Portfolio
Construction

Working with BNY Mellon Investor Solutions Manager Research

Careful integration of
factors equals insight

Organization

Personnel

Investment
Philosophy

Investment
Process

Implementation

Performance

¹ Lockwood receives certain research services from the BNY Mellon Manager Research Group in manager research, due diligence and ongoing monitoring.
² This service relates to the managers and investment vehicles under Lockwood's research coverage process.

All third party marks belong to their respective owners.

For professional use only. Not intended for use by the general public. Pershing does not provide investment advice. Professionally managed investment advisory services, if offered, are provided by Lockwood Advisors, Inc. (Lockwood), a Pershing affiliate and an investment adviser registered in the United States under the Investment Advisers Act of 1940.