Daniel Beckerman, CFP is president of Beckerman Institutional, a New Jersey-based registered investment advisor. He is the holder of seven financial licenses and designations including Certified Financial Planner. Assisting Beckerman in investment decisions is Jack Gindi, an investor with 20 years’ experience.
Beckerman Institutional is an established money manager that aims to open up its concentrated hedge-fund style portfolio to the retail investor at a low cost.
Berkerman Institutional manages Covestor’s new Flexible Value model, which uses opportunistic bottom-up analysis in order to select 10-30 high conviction ideas with target discounts of 25% to 50% to fair value.
Daniel describes his firm’s research process:
We use primarily fundamental, bottom up research which may include a variety of third party analyst reports, research tools and company reports.
Fundamental factors and ratios include P/E, Price to Book, Cash Flows, Return on Equity, Return on Assets and typical discounted cash flow analysis.
The model intends to hold a concentration of its top 10-30 ideas. Because of our level of concentration, we intend to maintain a lower correlation to the stock market than most mutual funds. The portfolio has a large degree of flexibility to change the number of holdings.
Current top holdings include Barclays plc (NYSE: BCS), Cisco Systems (NASDAQ: CSCO) and Google (NASDAQ: GOOG).
