FAQ
What separates Parkway Advisors, L.P. from other investment advisers?
Parkway is staffed with former insurance professionals who have an in depth understanding of how investments impact a company's capital and surplus, income statement, reserves (IMR/AVR, if applicable) and cash flow integrity ( i.e. book yield). This understanding has helped provide our clients with effective investment decision-making processes.
What is Parkway's investment philosophy?
Parkway believes that investing for a client should be prudent and appropriate for the specific client situation. A strong disciplined adherence to a well-defined investment plan is extremely fundamental in achieving a client's investment objectives. Diversification of the investments is critical. Utilizing differing security types, coupon rates, and maturity dates for fixed income can reduce a bond portfolio's risk. Additionally, understanding the invested asset's purpose is important for the adviser so an appropriate investment plan can be designed and executed.
What is Parkway's view on service and client support?
At Parkway, we take the time to listen to you, answer your questions, and discuss your investments with you. During business hours, our phones are answered by a real person, not an answering service. We strive to ensure that each client thinks of Parkway as an extended internal department, an employee of the client. Open lines of communication and strong relationships allow us to serve our clients better. We firmly believe that the more we know about the needs, values, goals, and motivations of our clients, the better equipped we are to meet and exceed their expectations.
What kind of fixed income strategies does Parkway provide?
Parkway does not provide “cookie-cutter” solutions that a client must fit within but provides tailored solutions. We believe every insurer is unique with different liabilities, products, assets, financials and clients. Every insurance company has different investment needs and should have a portfolio that matches these needs. We tailor our services to fit the unique needs of each client.
What broker/dealer and custodian does Parkway use?
Parkway makes use of many primary and regional broker/dealers. Parkway has relationships with over 15 custodians. Parkway is not tied to nor does it have any obligations to a specific broker/dealer or custodian directly or through soft-dollar arrangements. Parkway is the client's advocate in the market place, and seeks the best price for purchases or sales. Parkway is not a custodian and therefore does not hold client assets.