Needs-Based Allocation

Overview

Needs-Based Allocation ('NEBO') is an asset management platform that melds financial planning and asset management in a way that better aligns a client portfolio with their needs and circumstances. We view it as a uniquely custom CIO dashboard and an investment policy statement enhancer. The platform embeds GMO asset allocation insights and expertise and is built on almost a decade of deep research to solve the problem of portfolio construction for individuals.

One of NEBO’s most important insights is that the primary risk an investor faces is not volatility. Rather, it is that they don’t have the resources they need when they need them. Instead of orienting portfolios around traditional concepts of risk aversion and volatility, we orient portfolios around the needs and circumstances of each investor.

Our vision is to help people achieve financial well-being and to help financial advisors build better portfolios for all their clients.

Martin Tarlie_NEBO_2021 Conf

Featured Webinar

Needs-Based Allocation: A New Platform for Portfolio Construction – One Year Later

At the 2021 GMO Fall Conference, Martin Tarlie demonstrated how our Needs-Based Allocation platform, 'NEBO', helps advisory firms generate better portfolios for their clients. NEBO's framework redefines risk not as volatility but as “not having what you need, when you need it.” 

Watch now

Featured Research

   
Investing for Retirement: The Defined Contribution Challenge
Investment Horizon and Portfolio Selection
Optimal Holdings of Active, Passive and Smart Beta Strategies
A Case Study in Multiperiod Portfolio Optimization: A Classic Problem Revisited

 

Needs-based allocation melds financial planning and asset management

 

Nebo Management

Tarlie_Martin

Martin Tarlie

Dr. Tarlie is a member of GMO’s Asset Allocation team and the Head of Nebo. Prior to re-joining GMO in 2018,he was a managing director at QMA. He previously worked on GMO’s Global Equity team from 2007 to2014. Prior to that he worked at Breakwater Trading and at Marlin Capital Corp as a fundamental equity analyst and the director of research. Dr. Tarlie earned his B.S. in Physics from the University of Michigan, his Ph.D. in Theoretical Condensed Matter Physics from the University of Illinois at Urbana-Champaign, and his MBA from the University of Chicago. He was also a Postdoctoral Research Fellow at the James Franck Institute at the University of Chicago and is a CFA charterholder.

Inker_Ben

Ben Inker

Co-Head of Asset Allocation

Mr. Inker is co-head of GMO’s Asset Allocation team and a member of the GMO Board of Directors. He joined GMO in 1992 following the completion of his B.A. in Economics from Yale University. In his years at GMO, Mr. Inker has served as an analyst for the Quantitative Equity and Asset Allocation teams, as a portfolio manager of several equity and asset allocation portfolios, as co-head of International Quantitative Equities, and as CIO of Quantitative Developed Equities. He is a CFA charterholder.