> ## Documentation Index > Fetch the complete documentation index at: https://docs.endaoment.org/llms.txt > Use this file to discover all available pages before exploring further. # Investing DAF Assets > Comprehensive guide to managing DAF investments through AMPs, allocation strategies, and portfolio oversight As a financial advisor, you have multiple tools available for managing your clients' DAF assets. This includes full control over Advisor-Managed Portfolios (AMPs), collaborative target allocation suggestions for Endaoment-managed portfolios, and coordination of cash management for grant distributions. ## Advisor-Managed Portfolios (AMPs) Advisor-Managed Portfolios are the cornerstone of DAF asset management, giving you direct control over a portion of your clients' charitable assets through your existing platform and processes. ### Automatic AMP Setup New advisor-managed DAFs are automatically configured with: * **100% AMP Allocation**: Assets initially allocated entirely to your management * **Shell Account Creation**: Dedicated accounts at your existing broker-dealer * **Platform Integration**: Seamless management through your current trading system * **Custom Fee Structure**: Ability to configure your own management fees within the AMP setup ### AMP Management Capabilities **Full Investment Control** * **Asset Selection**: Complete flexibility in investment choices * **Alternative Investments**: Access to private markets, real estate, and specialized strategies * **Rebalancing**: Manage portfolio rebalancing on your timeline * **Tax Management**: Coordinate tax-loss harvesting and optimization strategies **Operational Integration** * **Existing Platform**: Use your current trading and portfolio management systems * **Client Reporting**: Integrate with your standard client reporting processes * **Risk Management**: Apply your established risk management frameworks * **Compliance**: Maintain consistency with your firm's investment policies ### Requesting Additional AMPs Clients can request AMPs through: 1. **Client Dashboard**: "Request Advisor-Managed Portfolio" button on fund page 2. **Direct Contact**: Advisor email request to [admin@endaoment.org](mailto:admin@endaoment.org) 3. **Onboarding Process**: Automatic setup during initial DAF creation ## Portfolio Reporting Requirements Monthly reporting ensures proper oversight and regulatory compliance for all Advisor-Managed Portfolios. ### Monthly Statement Submission **Submission Requirements** * **Frequency**: Monthly statements required for all AMPs * **Destination**: Send to [advisors@endaoment.org](mailto:advisors@endaoment.org) * **Timeline**: Submit by the 15th of each month for the previous month * **Alternative**: Upload via integrated client portal if available **Required Information** * Current market value of all holdings * Individual position details and quantities * Cash balances in shell accounts * Any corporate actions or position changes * Performance attribution if available ### Valuation Methods **Traditional Securities** * **Market Value**: Use current market prices for publicly traded securities * **Pricing Source**: Standard pricing services (Bloomberg, Reuters, etc.) * **Timing**: End-of-month valuations preferred **Private Market Investments** * **Fair Market Value**: Mark to latest available fair market value * **Cost Basis**: Use cost basis if FMV not available * **Documentation**: Provide valuation source and methodology * **Updates**: Report valuation changes when new information becomes available ### Reporting Best Practices **Documentation Standards** * Use consistent formatting across all statements * Include all required data points for each portfolio * Maintain clear position identification (CUSIP, ticker symbols) * Provide context for large position movements * Flag any unusual activity or significant changes **Timeline Management** * Submit reports by the 15th to ensure timely processing * Notify Endaoment of any expected delays * Coordinate with month-end closing procedures * Plan for holiday schedule adjustments ## Cash Management for Grant Distributions Effective cash management ensures sufficient liquidity for grant distributions while maintaining optimal investment allocation. ### Grant Liquidation Process **Advance Planning** * **Grant Pipeline**: Monitor client's planned charitable distributions * **Cash Positioning**: Maintain appropriate cash levels for expected grants * **Liquidation Timing**: Coordinate asset sales with grant timing needs * **Tax Considerations**: Optimize liquidation timing for tax efficiency **Execution Coordination** * **Grant Requests**: Receive advance notice of upcoming grant distributions * **Liquidity Assessment**: Evaluate current cash position and liquidation needs * **Asset Selection**: Choose optimal positions for liquidation to raise cash * **Settlement Timing**: Ensure cash availability aligns with grant execution ### Cash Management Strategies **Conservative Approach** * **Higher Cash Allocation**: Maintain 10-15% in money market or cash equivalent * **Immediate Availability**: Grants can be processed without asset liquidation * **Lower Returns**: Trade-off between liquidity and investment growth **Aggressive Approach** * **Lower Cash Allocation**: Maintain 2-5% cash for immediate needs * **Higher Investment**: Maximize assets in growth investments * **Liquidation Coordination**: Require advance notice for large grants **Dynamic Management** * **Seasonal Adjustments**: Increase cash during high-giving periods * **Client Communication**: Coordinate with client's giving calendar and tax planning * **Market Timing**: Consider market conditions when planning liquidations ## Allocation Strategies Across Portfolio Types While you have full control over AMPs, you can also suggest target allocation changes across Endaoment-managed portfolios to complement your management approach. ### Available Portfolio Categories **Your Advisor-Managed Portfolio** * Assets you manage directly on your existing platform * Held in shell accounts at your broker-dealer * Full flexibility for alternative investments and private markets * Your custom fee structure applies **Traditional Asset Portfolios** * Index funds, money markets, and fixed income options * Minimum investment: \$500 per portfolio * Variable annual fees (0.50% minimum) * Professional management by Endaoment's team **Digital Asset Portfolios** * Bitcoin, Ethereum, tokens, over 1000+ tokens available * 1.00% annual fee * Maximum 30% of total platform assets per [investment policy](/governance/documentation/investment-policy) **Impact Investment Portfolios** * Values-aligned investments with social/environmental benefits * Board-approved options focused on positive societal impact * Combines financial returns with charitable values alignment ### Target Allocation Suggestion Workflow **Step 1: Access Fund Allocation** 1. Navigate to client's DAF from your Endaoment dashboard 2. Locate "Fund Allocation" section under "Add Assets" & "Make Grant" buttons 3. Click "Edit Allocation" to open allocation editor **Step 2: Propose Portfolio Mix Changes** 1. **Search & Select**: Browse available portfolio options 2. **Add Portfolios**: Click "+" button next to desired portfolios 3. **Set Target Percentages**: Adjust allocation for each selected portfolio 4. **Verify Total**: Ensure all percentages add up to 100% **Step 3: Submit for Approval** 1. Review proposed target allocation strategy 2. Click "Save Changes" to submit recommendations to client 3. **Client Approval Required**: Suggestions queued for client review and approval ### Key Collaboration Permissions **What You Control Independently:** * **AMP Management**: Full control over Advisor-Managed Portfolio investments * **Asset Selection**: Complete investment decision-making within AMPs * **Rebalancing**: Manage AMP rebalancing on your timeline **What Requires Client Approval:** * **Target Allocation Changes**: Suggestions for Endaoment-managed portfolio allocations * **Portfolio Mix Adjustments**: Addition or removal of portfolio types * **Percentage Changes**: Adjustments to any non-AMP portfolio allocations **Implementation Process:** * **Weekly Rebalancing**: Approved changes implemented during Endaoment's \~weekly rebalancing cycle * **Professional Execution**: Endaoment's team handles all trades for managed portfolios * **Coordination**: Work within Endaoment's infrastructure policies and timing ### Strategic Allocation Considerations **Risk Management** * **Diversification**: Balance AMP concentration with Endaoment-managed diversification * **Correlation**: Consider correlation between AMP strategy and suggested portfolios * **Capacity Limits**: Respect platform-wide portfolio caps for compliance **Client Objectives** * **Risk Tolerance**: Align allocation with client's overall risk profile * **Time Horizon**: Consider client's expected giving timeline and growth needs * **Values Alignment**: Incorporate impact investing based on client preferences **Operational Efficiency** * **Rebalancing Coordination**: Work with weekly rebalancing cycles for optimal execution * **Minimum Investments**: Respect \$500 minimum for individual portfolio allocations * **Fee Optimization**: Balance management fees across different portfolio types ## Working with Endaoment's Infrastructure ### Weekly Rebalancing Process * **Timing**: Endaoment conducts \~weekly portfolio rebalancing * **Implementation**: Approved allocation changes executed during rebalancing cycles * **Coordination**: Align your recommendations with this systematic approach * **Optimization**: Endaoment determines optimal timing and methods for portfolio transitions ### Investment Policy Compliance **Broad Investment Guidelines** * **Advisory Privileges**: As fund advisor, you have advisory privileges over investment recommendations, consistent with Endaoment policies * **Default IPS**: All AMPs adopt Endaoment's broad Investment Policy and default Investment Policy Statement for Advisor-Managed Portfolios * **Policy Framework**: Guidelines accommodate a wide range of investment strategies while maintaining charitable purpose alignment **Committee Approval Requirements** * **Standard AMPs**: Default Investment Policy Statement allows most traditional and alternative investment strategies * **Custom Strategies**: Any deviation from the default IPS requires Investment Committee or Board approval before implementation * **Private Markets**: Blended capital or specialized private investment strategies must receive pre-approval * **Timeline**: Allow adequate time for committee review during the approval process **Asset Deployment Limits** * **Portfolio Caps**: Respect protocol-wide limits on asset deployment for compliance * **Diversification**: Balance concentration risk across portfolio types and asset classes * **Regulatory Requirements**: Maintain compliance with 501(c)(3) and advisor custody regulations ### Risk Management & Exit Rights **Crisis Response Capabilities** * **Exit Authority**: Endaoment retains the right to exit any portfolio position at any time for safety or risk management reasons * **Emergency Action**: Crisis response procedures prioritize asset protection and regulatory compliance * **Communication**: Immediate notification to advisors of any emergency position changes * **Documentation**: All emergency actions documented with clear reasoning and timeline **Ongoing Risk Oversight** * **Position Monitoring**: Regular review of portfolio positions for risk management * **Market Conditions**: Heightened oversight during volatile market periods * **Compliance Review**: Ongoing assessment of positions for regulatory compliance * **Coordination**: Work collaboratively with advisors on risk management decisions when time permits ### Private Market Investment Requirements **Prohibited Persons Compliance** * **Questionnaire Required**: DAFs seeking private market exposure must maintain a completed [Prohibited Persons/Entities Questionnaire](/advisors/portfolios/prohibited-persons-questionnaire) on file * **Annual Updates**: Questionnaire must be refreshed annually to support compliance * **Anti-Prohibited Benefit**: Ensures compliance with IRS regulations prohibiting excess benefit transactions * **UBIT Compliance**: Supports Unrelated Business Income Tax compliance for private investments **Private Market Access** * **Documentation**: Maintain current Prohibited Persons documentation before private market deployment * **Review Process**: Enhanced due diligence for private investment opportunities * **Ongoing Monitoring**: Regular compliance review for private market positions * **Exit Planning**: Clear procedures for private investment liquidation if needed ### Professional Support * **Technical Assistance**: Support available for allocation planning and implementation * **Market Insights**: Coordination with Endaoment's investment team for market perspectives * **Compliance Guidance**: Ongoing support for regulatory and operational questions For complete details on managing collaborator access, see [Adding a Collaborator](/advisors/collaboration/add-collaborator). For information on withdrawal policies and procedures, see [Policies and Procedures](/governance/documentation/policies-and-procedures).