Wilshire Associates Business Operations and Services Explained

Wilshire Associates is a leading investment consulting and research firm that offers a range of business operations and services to its clients. Their expertise lies in providing objective advice and guidance to help investors achieve their goals.

Wilshire Associates has been in the industry for over 40 years, and their experience and knowledge have earned them a reputation as a trusted and reliable partner for investors. Their team of experts has developed a range of services that cater to the diverse needs of their clients.

One of the key services offered by Wilshire Associates is investment consulting, which involves providing research and analysis to help clients make informed investment decisions.

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At Wilshire Associates, business operations are streamlined to support the company's core mission.

The company's headquarters is located in Santa Monica, California, which has been its home since 1972.

Wilshire Associates has a team of experienced professionals who work together to provide investment research and management services to institutional clients.

Their expertise in investment research and management has earned them a reputation as one of the leading investment consulting firms in the industry.

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Wilshire operates from four main business units. These units are the foundation of the company's business operations.

Each business unit is designed to cater to specific needs and goals, allowing Wilshire to provide a comprehensive range of services to its clients.

At the heart of any successful business operation is a well-structured services offering. Wilshire Advisors takes a comprehensive approach with its range of discretionary and non-discretionary advisory services.

Portfolio management is a key component of Wilshire's services, allowing clients to make informed investment decisions.

Pension consulting is another area where Wilshire excels, providing expert guidance to clients navigating the complexities of pension planning.

Wilshire also offers the option of selecting other advisors, giving clients the flexibility to tailor their services to their specific needs.

Investment consulting research and private markets research round out Wilshire's suite of services, providing clients with a deep understanding of the markets and investment opportunities.

Here is a summary of the services offered by Wilshire Advisors:

At Wilshire Associates, the investment philosophy is centered around the idea that asset allocation has the greatest impact on long-term returns. This approach guides their investment process.

The firm utilizes an integrated asset/liability modeling technique as part of its investment process. This technique allows them to create a comprehensive view of their clients' financial situations.

Wilshire Associates' mission is to provide innovative investment solutions and unbiased, independent investment guidance to investors on a global level.

At its core, a solid investment philosophy is essential for making informed decisions. Wilshire Advisors prioritizes asset allocation, believing it has the greatest impact on long-term returns.

Asset allocation involves strategically distributing investments across different asset classes to manage risk and maximize returns. Wilshire Advisors utilizes its version of an integrated asset/liability modeling technique to inform its allocation decisions.

Risk management and portfolio optimization models are also integral to Wilshire Advisors' investment process. These tools help identify potential risks and opportunities, ensuring that investments are aligned with clients' goals and risk tolerance.

Wilshire Advisors' mission is to provide innovative investment solutions and unbiased, independent investment guidance to investors on a global level.

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At Wilshire Private Markets, they manage a significant amount of money - over $6.5 billion - across various fund of funds vehicles focused on private equity and venture capital funds.

Their investment mandates are often structured to meet specific objectives, giving them the flexibility to tailor their investments to meet the needs of their clients.

Wilshire's expertise in private equity and venture capital is evident in their investment types, which include buyouts and venture investments.

A buyout is a type of investment where a private equity firm acquires a company, often with the goal of eventually selling it for a profit. Venture investments, on the other hand, involve providing funding to startups or early-stage companies in exchange for equity.

The private equity and venture capital industry has a rich history, with many firms having been around for decades.

Here are some key terms and concepts to keep in mind when it comes to private equity and venture capital:

Wilshire Associates has been acquired by private equity firms Motive Partners and CC Capital, with the deal expected to close by the end of this year.

The acquisition brings together the collective expertise of CC Capital and Motive Partners, which will support Wilshire's focus on innovation and enhancing capabilities within its current offerings.

CC Capital is a New York-based private equity firm that focuses on investing in and operating high-quality businesses for the long term. It was founded in 2015 by Chinh Chu, a Blackstone alum.

Motive Partners is a private equity firm focused on growth and buyout investments in technology-enabled financial services companies.

The two firms plan to focus on enhancing Wilshire's technology and data and analytics capabilities, as well as introducing new investment products and expanding the firm's geographic footprint.

Wilshire's chief operating officer Jason Schwarz will continue to lead the investment and portfolio analytics businesses as chief operating officer, while also assuming the role of president.

Tito and John Hindman will step down as chief executive and chairman, and president and vice chairman, respectively, when the sale is complete.

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Wilshire Associates has a strong focus on client relationships. They have a long history of working with institutional investors, including pension funds and endowments.

Wilshire Associates is headquartered in Santa Monica, California, which is where they were founded in 1972.

Their team includes experienced professionals with backgrounds in investment management, research, and technology.

Wilshire Associates primarily serves institutional clients, including trusts, estates, pension and profit-sharing plans, and charitable organizations.

The firm's professionals may also advise U.S. or foreign government entities, public international organizations, and other investment vehicles.

Fees can be a significant factor in deciding which investment firm to work with. Wilshire Advisors has a range of fees that vary based on the type of account and services provided.

The management fees for analytics range from 0.01% to 0.25% of AUM, which is a relatively low fee compared to other firms.

For institutional investment consulting, the firm offers non-discretionary advisory services with a fixed annual retainer fee between $35,000 and $4 million. This fee is a significant upfront cost, but it may be worth it for larger institutions.

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Wilshire receives 0.05% to 0.65% of AUM for discretionary advisory services, which is a more significant fee than the analytics services. Actuarial fees range from $10,000 to $500,000, which can be a substantial cost depending on the scope of the services.

Private market services charge a management fee between 0.50% to 1.00% for separate account management, which is a relatively high fee. Wilshire Funds Management charges fixed retainer fees that range from $100,000 to $5 million, which is a significant upfront cost.

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To get started with Wilshire Advisors, you'll need to open an account. You can visit any of the firm's offices in person to do so.

The process is relatively straightforward, and you can also call to set up an appointment with an advisor. This will give you a chance to discuss your needs and goals with a knowledgeable professional.

You can reach the firm's Santa Monica office by calling (310) 451-3051. They'll be happy to assist you with opening an account and answering any questions you may have.

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Wilshire's Consulting division provides investment consulting services to over 125 clients with total assets exceeding $1 trillion.

Wilshire has established a name for itself in the US for developing investment tools and asset allocation models.

Its main European efforts are focused in the Netherlands and the UK, where it actively markets its equity and bond portfolio management tools, Atlas and Axiom.

Wilshire sees a particular gap in the European market, where its Spectrum product will be made available later this year.

Spectrum will allow balanced fund managers to conduct in-depth performance attribution on their funds, showing how much of the performance came from equities, fixed income, and cash.

Wilshire will also be launching its Trust Universe Comparison Service (TUCS), a co-operative effort between custodians and Wilshire, which markets to more than 300 US pension funds.

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