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Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.
CLA Adds Window Rock Residential Credit Fund to Private Investment Platform
Minneapolis — November 9, 2015 — CliftonLarsonAllen Wealth Advisors, LLC (CLA Wealth Advisors) has chosen to form a relationship with Window Rock Capital Partners, LLC (Window Rock) in an effort to capitalize on the inefficiencies in the private credit market associated with distressed residential housing. Window Rock was selected for its demonstrated skill at evaluating borrowers and the underlying residential collateral.
Expanding private investment options
The relationship with Window Rock illustrates CLA Wealth Advisors’ commitment to expanding private investment options to individual and institutional clients. CLA Wealth Advisors will now have access to the experience and insight Window Rock has cultivated in this market niche, offering investment diversification from the traditional public stock and bond market.
“We’re bullish on residential housing as an asset class, and as such we sought to provide our clients with opportunities in the U.S. housing market. Sentiment is still relatively negative on the asset class, but we believe the underlying economics are very strong; those are some of the tenets we look for,” explains Tony Hallada, CEO with CLA Wealth Advisors. “We are pleased to work with Window Rock and the Cardon family. They have an excellent track record of investing in real estate cycles and they’re considered one of the premier experts in the Southwest real estate market in the United States.”
Window Rock’s creative repayment plans for borrowers
Since 2010, Window Rock has focused on distressed consumer credit through the affordable mortgage market. Using a multi-disciplinary approach, the firm offers creative repayment plans to borrowers, often including significant reductions to mortgage principal balances and monthly principal and interest payments. The result is the acquisition of undervalued cash flows and assets that can become significantly more valuable through repositioning.
“Aligning interests and partnering with the right investors is key to our success,” says Patrick Cardon, founder and managing member at Window Rock. “We pride ourselves on our creativity; we ask a lot of questions rather than simply accepting things as they appear.”
Window Rock employs proprietary technology, systems, and processes to capitalize on inefficiencies it has identified in the residential housing market. It uses a strategic approach to properly value underlying assets and purchase these assets at deep discounts. Window Rock can also originate loans to borrowers who have been ignored by traditional lending institutions.
“Credit remains tight or inaccessible for many potential borrowers, especially for those with FICO scores less than 720,” says Cardon. “Window Rock can extend credit to these misunderstood borrowers by analyzing and understanding their performance and behavior.”
Tight credit policies in the banking industry have led to increased demand for this type of service, allowing Window Rock to profit from loans to an underserved population.
Risks of private investing
This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities, nor does it constitute the rendering of any investment advice to the reader. Private fund investments are offered only through an offering memorandum, which explains fully all of the implications and risks of the offering of securities to which it relates. Private investments involve a high degree of risk, including, but not limited to, a lack of liquidity and the potential loss of investment principal. There is no guarantee that the stated objectives of any private investment fund will be met. Private investment fund offerings are not filed with or reviewed by any securities regulatory agency. Past performance is no assurance of future results.
About CliftonLarsonAllen Wealth Advisors, LLC
CliftonLarsonAllen Wealth Advisors, LLC (CLA Wealth Advisors), an SEC-registered investment advisor, offers wealth advisory services, including investment management; financial and retirement planning; estate, gift, and income tax planning; divorce financial planning; business succession planning; sell-side representation of mergers and acquisitions; insurance and risk management; employer-sponsored benefit plan design, compliance, and consulting; and investment consulting for endowments and foundations. The national wealth advisory practice consists of approximately 100 professionals who advise or consult on roughly $4 billion in total client assets. According to Accounting Today’s 2015 “Wealth Magnets” report, CLA Wealth Advisors is ranked sixth in the billion dollar club based on assets under management (AUM). This publication reviews wealth managers affiliated with CPA firms.
CliftonLarsonAllen Wealth Advisors, LLC is a wholly owned company of CliftonLarsonAllen LLP, a national professional services firm. For more information visit CLAconnect.com/privateclient.
CliftonLarsonAllen (CLA) is a professional services firm delivering integrated wealth advisory, outsourcing, and public accounting capabilities to help clients succeed professionally and personally. Our professionals are immersed in the industries they serve and have specialized knowledge of their operating and regulatory environments. With more than 4,500 people, more than 100 U.S. locations, and a global affiliation, we bring a wide array of solutions to help clients in all markets, foreign and domestic. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.