DWM Research Process

Susan Jung |

DWM Strategy in Uncertain Times 
It’s true we are currently living in unprecedented times. Today’s conditions are unique.

In these unique times, one must have a research process in place that provides a framework for investment that helps identify strategies that will be effective on an intermediate and long-term basis. We believe our process for conducting research at DWM is exactly what is needed in times of uncertainty.
DWM Investment Process
Our process has been developed over many decades and includes the following components:

  • Fundamental analysis: examining cash flow (both short and long-term) and its relationship to current and future share prices.
  • Theme analysis: Identifying areas in the economy that likely will encounter headwinds to avoid these problematic sectors. Additionally, seeking areas of the economy that will enjoy tailwinds and environmental conditions that support the future prospects of the business.
  • Economic analysis: examining economic conditions and making judgments about the future relative to economic growth, unemployment, interest rate levels, and other economic data.

We believe a strategy that is rooted in analyzing companies’ cash flow as well as external conditions gives investors the best opportunity for success on a long-term basis. We adjust portfolios incrementally as short-term conditions merit AND modify portfolios long-term based on expected outcomes. Long-term matters the most, but we don’t ignore short-term conditions.

Our process is dynamic and our entire research staff is constantly on the watch for trends and opportunities. This includes our research analysts, portfolio managers, and trading team. You can be assured in this uncertain time we are active in monitoring positions and future opportunities/risks.
Rebalancing a portfolio is a strategy that has been utilized historically and we believe is an important part of maintaining a portfolio that is balanced between risk and reward. However, when markets are rising and a position moves higher, some question the wisdom of this strategy. The bottom-line goal for rebalancing is moving portfolios towards a target allocation that remains fairly consistent over time. 

It's somewhat puzzling to some in the investment business why an investor would be concerned about carving profit off of a position that has done particularly well. I think the reason is quite simple and is rooted in human nature. Most investors love what has gone up in their portfolio and dislike what has gone down.

Rebalancing is important.  It's a discipline we are committed to as we manage your portfolio.


Destination Wealth Management constructs portfolios and investment objectives based on asset allocation principles coupled with tactical adjustments. The firm employs research analysts with significant experience to conduct asset and economic research. DWM allocation philosophy will adjust based on market conditions and economic environment. Allocations are not static and will adjust as needed. Strategies may not be suitable for all investors. For additional information and disclosures, please refer to Adviser’s Form ADV Part 2A.


The opinions expressed herein are provided for informational purposes only and are not intended as investment advice. All investments involve risk, including loss of principal invested. Past performance does not guarantee future performance. Individual client accounts may vary. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, Destination Wealth Management cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Any links to other websites are used at your own risk.