|
Important Disclosures
|
|
Framework & Risk Management Disclosure
|
|
The KFSC Institutional Intelligence System, including its KFSC Macro Regime Model, KFSC Asset Role Registry, and four diagnostic frameworks (Monetary Integrity Framework, Liquidity Transmission Framework, Strategic Scarcity Framework, Market Structure Framework), provides analytical tools used to support advisor decision-making.
|
|
These tools are not automated systems, do not predict future market outcomes, and do not dictate trades or portfolio actions. All portfolio decisions are made at the sole discretion of the advisor based on their interpretation of available data, client objectives, and prevailing market conditions.
|
|
Investing involves risks, including but not limited to: political and geopolitical instability, economic and monetary system changes, currency fluctuations, market liquidity conditions, central bank policy changes, and rapid price volatility.
|
|
All investing involves risk, including the possible loss of principal.
|
|
Asset allocation, diversification, and risk management strategies are designed to manage risk but do not guarantee profits or protect against losses.
|
|
Allocation & Positioning Disclosure
|
|
The KFSC Institutional Intelligence System, its diagnostic outputs, and the advisor discretion described on this site apply specifically to clients invested in the KFSC Risk Managed Strategies and may not apply to other investments managed by advisors at Keaney Financial Services Corp. outside of these strategies.
|
|
The KFSC Risk Managed Strategies are discretionary, dynamic, and adaptive. Portfolio positioning, allocations, and exposures may change at any time without notice due to evolving market conditions and the advisor’s judgment.
|
|
These strategies are six discretionary macro-aware mandates: Preservation of Capital, Conservative, Conservative Growth, Moderate, Moderate Growth, and Aggressive Growth. Each strategy carries its own risk profile, volatility expectations, and portfolio construction approach. Suitability of any particular strategy for an individual client is assessed prior to investment, at the time the advisor and client select the strategy that matches the client’s individual circumstances.
|
|
While the macroeconomic themes and framework outputs derived from the KFSC Institutional Intelligence System inform our broader outlook, the specific asset class allocations, position sizes, and underlying holdings may differ materially across strategies, consistent with each strategy’s risk mandate.
|
|
Methodology & Data Disclosure
|
|
The analysis presented is processed within the KFSC Institutional Intelligence System, which pulls data via API integration from three external sources: London Stock Exchange Group Workspace (Refinitiv), which provides market data including prices, positioning, regional Manufacturing Purchasing Managers Indexes, and analyst consensus where available; Federal Reserve Economic Data (FRED), which provides macroeconomic indicators including interest rates, inflation indices, monetary aggregates, and industrial production; and Archival Federal Reserve Economic Data (ALFRED), which provides point-in-time historical vintages of FRED data. Keaney Financial Services Corp. does not generate underlying market or economic data; our analytical role is the diagnostic processing of externally-sourced data and the production of regime classifications and framework readings as analytical output.
|
|
Advisor Discretion Statement
|
|
The discretion described on this site applies to investment decisions made by Keaney Financial Services Corp. advisors for client assets held in the KFSC Risk Managed Strategies on the Ameritas Wealth Platform. It does not apply to assets held outside these strategies, to securities transactions conducted in non-managed accounts, or to insurance and annuity contracts.
|
|
For assets held in the KFSC Risk Managed Strategies on the Ameritas Wealth Platform: all investment decisions are made at the sole discretion of the advisor.
|
|
Models diagnose. Advisors decide. Portfolios implement.
|
|
Supplemental Homepage Disclosures
|
|
The following disclosures supplement, and do not replace, the disclosures above.
|
|
Current Research Package and Indicator Count Disclosure
|
|
References on this site to 205 production indicators, 18 macro environments, four Flow Frameworks, the 31-indicator KFSC Macro Regime Model, and 12 platform-specific strategy offerings (six KFSC Risk Managed Strategy mandates on each of the UMA and Galaxy programs) describe the current validated research package and current offering structure as of the date this page is published or last updated.
|
|
Indicator counts, model components, data sources, platform availability, strategy offerings, validation rules, and research methods may increase, decrease, or otherwise change over time as data availability, licensing, platform requirements, research methods, and advisor review evolve.
|
|
Platform-Specific Strategy Offering Disclosure
|
|
The KFSC Risk Managed Strategies are organized around six core mandates and are offered through two primary programs of the Ameritas Wealth Platform on Envestnet: the Unified Managed Account (UMA) program and the Galaxy program. Adviser Managed Solutions (AMS) is offered in rare circumstances based on client circumstances or account size.
|
|
The six mandates structured on the UMA and Galaxy programs create twelve platform-specific strategy offerings. Custom variants designed for very large or very small accounts may extend the total number of offerings beyond twelve.
|
|
UMA and Galaxy offerings of the same mandate may differ in holdings, available investment vehicles, account minimums, fees, expenses, costs, trading mechanics, liquidity, tax characteristics, cash sweep options, rebalancing workflows, and implementation constraints.
|
|
Similar strategy names, Envestnet risk score ranges, or mandates across programs do not mean the portfolios are identical or will produce the same results.
|
|
Risk-Band, Drawdown, and Stress-Trigger Disclosure
|
|
Envestnet Risk Scores (1–100), drawdown review thresholds, stress triggers, asset-role discipline, and risk-band reviews are internal advisor-review tools. The Envestnet Risk Score reflects the maximum permitted risk exposure for a client’s documented suitability profile; positioning may be at or below this level, never above it.
|
|
They are not expected return targets, stop-loss rules, maximum loss limits, liquidation instructions, or promises that losses will be avoided.
|
|
Benchmark and Index Disclosure
|
|
The KFSC Risk Managed Strategies are not benchmark-tracking mandates. Benchmarks and indices may be used for context or broad market comparison, but they are not the strategies’ investment objective.
|
|
Strategy results may differ materially from broad market indices and may underperform them, including during strong bull markets. Indices are unmanaged and cannot be invested in directly.
|
|
Cash and Short-Duration Treasury Disclosure
|
|
Defensive positioning, cash exposure, money market exposure, and short-duration Treasury exposure may reduce certain market risks but are not risk-free.
|
|
Such positioning may involve inflation risk, reinvestment risk, interest-rate risk, credit or counterparty risk where applicable, liquidity or sweep-account risk, and opportunity cost.
|
|
Defensive positioning may underperform broad market indices or other investments, including during rising markets.
|
|
Data Provider and Third-Party Data Disclosure
|
|
References to LSEG Workspace, LSEG Datastream, Federal Reserve Economic Data (FRED), and Archival Federal Reserve Economic Data (ALFRED) identify data sources used where available.
|
|
No data provider is affiliated with Keaney Financial Services Corp., and no data provider has approved, sponsored, endorsed, or reviewed Keaney Financial Services Corp., the KFSC Institutional Intelligence System, or the KFSC Risk Managed Strategies.
|
|
Third-party data may be delayed, revised, incomplete, unavailable, subject to licensing restrictions, or affected by provider methodology changes. All trademarks and service marks are the property of their respective owners.
|
|
Platform Program and Implementation Disclosure
|
|
References to UMA, Galaxy, AMS, Ameritas Wealth Platform, Envestnet, platform-specific implementations, twelve base platform-specific versions, custom variants, large-account variants, or small-account variants describe the firm’s current implementation structure where available and appropriate. Program availability, account minimums, fees, expenses, eligible investment vehicles, custodial arrangements, trading mechanics, tax characteristics, liquidity, cash sweep options, risk scoring, reporting, and operational constraints may vary by program and may change over time.
|
|
UMA and Galaxy are the primary program implementations used for the KFSC Risk Managed Strategies. AMS and other variants may be used only where appropriate, available, documented, and suitable. Program minimums are not the same as Keaney Financial Services Corp.’s stated relationship threshold.
|
|
Envestnet risk score bands from 1–100 are platform risk score references. They are not expected return targets, performance projections, volatility limits, guarantees, or a complete suitability determination by themselves.
|
|
Similar strategy names, risk bands, or mandates across programs do not mean the portfolios are identical or will produce the same results.
|
