Skip Navigation

Portfolio Construction: Capturing Returns and Managing Risk with Tax and Fee Efficient Portfolios



Dan Burke and Jeff Erickson of Abbot Downing share three key strategies for how Abbot Downing builds tax- and fee-efficient portfolios that are designed with the intent to withstand turbulent times in the market. This handout summarizes these strategies and the potential implication for ultra-high-net-worth investors.


  • Strategic asset allocation is one of the most important decisions in the portfolio construction process.
  • Diversified portfolios can help provide stability in volatile times.
  • The Abbot Downing Core-Satellite Approach is designed to maximize long-term client results.


Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns nor can diversification guarantee a profit in declining markets.