Alesco Advisors is an SEC-registered investment advisory firm in Pittsford, New York (a suburb of Rochester). Independent and employee-owned, Alesco serves the needs of institutions and high-net-worth individuals. Our expertise centers on developing and managing index-based and near-index investment portfolios that are designed to meet the unique and specific needs of each client.
Founded in 2000, Alesco advises on over $3.1 billion in assets for foundations, endowments and retirement plans, as well as trusts, IRAs and individual taxable accounts.
Our compensation is fee-based only. We receive no compensation beyond the fee we charge clients for our services. We do not offer any proprietary funds and we do not accept financial incentives to use investment offerings from other providers. Additionally, we do not accept “soft dollar” payments from the brokerage and custodial firms with which we work. Our interests are truly aligned with those of our clients.
As an independent, fee-based company, Alesco’s interests are aligned with those of our clients.
Alesco's philosophy focuses on asset allocation, the primary driver of investment returns. We concentrate on analyzing specific asset classes, establishing appropriate asset class weightings, obtaining optimal diversification, and rebalancing our portfolios on an ongoing basis. Our core investment philosophy embraces the findings of numerous academic and industry studies. This research indicates that the majority of active investment managers do not outperform their benchmarks over time. Moreover, there is no persistency in the performance of active managers (e.g., managers who have performed favorably in the past are no more likely than other managers to perform favorably in the future). Therefore, Alesco rarely uses active investment managers when structuring client portfolios. Instead, we prefer index-based or near-index investment vehicles. This philosophy allows us to eliminate many common investment risks and mistakes. As a result, our efforts focus on proper asset allocation, broad diversification and keeping costs low.
At Alesco, we focus on the things that matter most to help our clients achieve long-term investment success.
Alesco’s dedicated and experienced group of owner-employees provide quality service and investment solutions to meet our clients’ objectives. A major tenet of Alesco’s value proposition is our high level of client service.
As experienced professionals, we provide quality service and investment solutions to meet each client’s objectives.