Why Us

Alta Vista Wealth Management, LLC

Your Global Bond Partner

Alta Vista Wealth Management, LLC effectively helps you manage an increasingly complex set of Fixed Income challenges. To meet these challenges it requires expertise, experience, innovation, and access to the resources and products necessary to compete in the Global Bond Market.   At Alta Vista Wealth Management, your Global Bond Partner, we provide fixed income solutions to financial advisors, broker dealers, institutions and high net worth individuals. We are invested in our clients’ success by providing the technology and tools to help create profitable, income producing portfolios with a suite of fixed income products and services. Our approach and in-depth resources and highly personalized service is what sets us apart from the traditional fixed income channels. We think globally and act locally.

 

Alta Vista Wealth Management LLC Richard Panchookian Richard Panchookian – President

Mr. Panchookian is the founder, managing member and president of Alta Vista Wealth Management, LLC, which is based in Orlando, Florida. He has been associated with the capital bond markets for more than 26 years. He has worked with teams to develop and teach broad-based global diversified asset allocation strategies to a wide range of clients and investors. He has extensive knowledge in the both the foreign and domestic bond markets, with an emphasis in the tax free municipal bonds markets.

He appears frequently in the local media (Wealth and Wisdom, a PBS Television program in the Palm Beaches and Channel 13 news in Orlando, Florida) as a fixed income expert. He demonstrates and teaches clients on creating income generating strategies, explaining bond allocations, bond ladders and bar bell strategies. He also teaches how to monitor bond portfolios, and how to researches bond market trends…

Mr. Panchookian places a heavy emphasis on wealth preservation. As the old adage goes “It is not so much the return on your principal, it is the return of your principal.” His is a common sense approach to investing “as an investor it’s your responsibility to accumulate assets which are going to appreciate in value.” He utilizes the Harvard and Yale endowment strategies which invest in managed equity, fixed income, hedge funds, real estate investments, managed commodities, private equity and precious metals.

Mr. Panchookian is an advocate of economist Harry Markowitz, who won a Nobel Prize in Economic Science for his pioneering work known as the Modern Portfolio Theory. This theory helps investors move toward their financial objectives, while minimizing both risk and investment expenses.

Professional Experience

Senior Partner

Senior Managing Member and Director of the Capital Markets at his previous brokerage firm. From 2004 to 2011.

Director of Fixed Income Sales and Service at one of America’s largest discount brokerage firms from 1988 to 2004.

Director Fixed Income Trading and Sales from 1997 to 2005.

During that time Mr. Panchookian managed trained, taught and supervised three highly organized and motivated fixed income teams in Chicago, New York and Orlando. Those teams provided a balanced and diversified fixed income solution for over 5,000 of the most affluent investors and institutions investors which represented $86 billion in fixed income assets.
As the Trust Service Manager in Northern Florida from 1995 to 1997 he was tasked with a new service, “Attorney Source” (TM). Where he recruited, organized and implemented a referral network positioning 75 local attorneys who specialized in estate planning, trusts and tax work.
As the Regional Investment Specialist in the Tri State Area of New York, New Jersey and Connecticut from 1992 to 1995. Mr. Panchookian worked exclusively with high net worth individuals ($1MM+) and Centres of Influence (COI) estate planning attorneys, CPAs and third party administrators. He taught, analyzed, presented and developed fixed income portfolios for a variety of clients; he handled estate planning situations and helped companies develop company retirement plans.

Trading Supervisor / Assistant Branch Manager (Melville, New York) 1990 to 1992
Supervised 5 brokers and handled all trading functions and processes for the branch.
New Accounts / Margin Department and Transfers Department from 1988 to 1990 (Paramus, NJ)

Mr. Panchookian earned a Bachelor of Science degree in Business Administration and Marketing from Emporia State University in Emporia Kansas. He graduated from the Florida Institute of Technology where he earned his CFP® as a Certified Financial Planner.
Mr. Panchookian is married with three daughters, enjoys snow skiing, four wall handball, hiking, travelling, jazz music and good Italian food.

Loomis C. (Bill) Leedy,III – Vice-President, Fixed Income Securities

Bill has served in the financial industry for 35 years, the first 25 as an investment banker in the Florida municipal bond business and the most recent 10 as a Financial Advisor. As an investment banker, he assisted Florida cities and counties with the structure and marketing of their bond issues. He has unique experience with Florida political issuers, their track records and their particular strengths and weaknesses. He enjoys assisting his clients in identifying investments that meet their specific needs.

Bill has served on the board of directors for the Country Club of Orlando, Downtown Rotary Club of Orlando and St. Michaels Episcopal Church. His family includes his wife Viki and their daughter Kirsten and son Chapman.

What makes us Different?

Experience and Expertise

Our management team has a diverse background in the financial services industry. We have assembled a talented group who has worked for large wirehouse and independent firms as well as on the institutional side of the business. We can even advise you on alternative investments that are typically available only to the ultra-affluent. Through our experience we have learned that there are many more opportunities available to investors than just the United States fixed income markets. What will surprise you is how the US bond market changed in size relative to the rest of the world. In 1985, the $776 billion US bond market represented more than half of the global fixed income investment opportunities… By the end of 2010, the US market represented less than one third of the world’s bond market… all while expanding six-fold.

World Bond Market
Foreign vs. United States

Source: © 2010 Citigroup. Citigroup Non-USD World Government Bond Index, U.S. component of Citigroup World Government Bond Index

What does this mean?  If you’re not including an allocation of global fixed income investments to your portfolios you’re ignoring 71% of the potential bond market.  AVWM knows the world is changing and it make sense to broaden your horizons beyond the United States and invest globally.

 

Strength and Credibility

  1. When you invest with Alta Vista Wealth Management, LLC. (AVWM) you can invest with confidence. We believe in a disciplined and methodical approach to investing. It is the cornerstone of everything we do and the best way to create long-term value for our clients. After the recent financial crisis, the way people began thinking about and developing portfolios changed.  Suddenly, the company or government behind an investment became as important as how an investment performed. Trust, credibility and strength took on new importance for investors.
  2. Here at AVWM we are open-minded and believe that no one person or firm has a monopoly on good ideas. One such example would be the portfolio manager, Dr. Michael Habenstab, Ph.D. of Franklin Templeton Investments. He manages their global bond fund which currently has approximately 61.6 billion dollars in investor’s assets as of 02/29/2012. The fund has grown both in terms of assets under management and performance. His strategy to invest in global bonds, Eurobonds and foreign bonds in the local currencies is a formula we embrace.
  3. We partner with Pershing, LLC. the leader in global clearing services and the largest custodian based on their list of broker dealer customers. Pershing is part of The Bank of New York Mellon Corporation, which has in excess of 26.6 trillion in assets, 1.02 trillion of those in global assets with over 5000 employees  worldwide. You should have peace of mind, knowing your Alta Vista Representative is supported by a worldwide network of financial professionals and the most respected custodian on Wall Street. Recently Pershing was rated #1 for customer statements by DALBAR, Inc., the nation’s leading financial services market research firm.

 

PATIENCE AND FORTITUDE

Ralph Waldo Emerson wrote that “Patience and Fortitude conquer all things.”

He also said that “Whatever course you decide upon, there is always someone to tell you that you are wrong. There are always difficulties arising which tempt you to believe that your critics are right. To map out a course of action and follow it to an end requires courage.”

At Alta Vista we provide the knowledge and expertise to keep you on course so you can maintain your focus on your financial goals. During volatile market times income solutions help to balance portfolio’s to keep you on track.  By searching the world for investment opportunities in currencies, interest rates, sovereign credit and dividends we offer demonstrated results as a proven income solution provider. With over 50 years of collective experience in the financial markets, as your global bond partner, our experience, balance and technical knowledge helps you to navigate in unfamiliar waters.

Patience and Fortitude are the world renowned pair of marble lions that stand proudly before the majestic New York Public Library. Their nicknames have changed over the decades; first they were called Leo Astor and Leo Lenox, after the library’s founders, John Jacob Astor and James Lenox.  During the 1930’s, Mayor Fiorello LaGuardia named them Patience and Fortitude, for the qualities he felt New Yorkers would need to survive the economic depression. Metaphorically speaking, these lions embodied what the human psyche so desperately craved (and still does) – strength, sturdiness, stability and a willingness to look up even when everything in the world seems to have been turned upside down.