Balancing your association’s long-term financial reserves strategy with the near-term needs of your organization comes down to risk tolerance. At the Third Annual CLA National Association Conference, Mark Griffin, managing principal for CLA’s Institutional Investment Services, CliftonLarsonAllen Wealth Advisors, LLC, and John Langan, chief industry officer for the public sector, talked about how associations and other nonprofit organizations can fit their financial reserve strategy into their broader organizational mission, and how risk plays into the picture.
In this 3.5-minute CLA Talks video, Griffin addresses a number of issues related to risk budgeting, structuring an investment portfolio to address that risk, and long-term return forecasting. You can also download his entire presentation, Rethinking Investment Reserve Strategies.
View additional installments in the CLA Talks video series.