Dealer Owned Warranty Companies
DEALER OWNED WARRANTY COMPANIES
FOCUSED ON CLIENTS
DRIVEN BY RESULTS
How We Work With Dealer Owned Warranty Companies:
When Ben Thomas left his position as portfolio manager at a large global investment firm in 2005, he wanted to create a firm with a results-driven culture that better aligned with the needs of clients.
Among some of Waycross’s first clients were auto dealerships and the families that owned them. Over the years, we have learned more about the distinct needs of dealership clients and how we can serve them best, but our core operating philosophy remains the same: focused on clients and driven by results.
After more than 15 years, Waycross Partners remains an independently owned investment firm. This allows us to provide the focus, flexibility and responsiveness clients should expect from their investment team.
What Makes Us Different
Your DOWC is an important piece of your business and wealth management strategy. It is a valuable asset that should work for you. Sometimes, however, dealers feel that creating these vehicles can generate more work than assets. Many owners find themselves exhausted by the time they reach the investment selection stage of the process. It can be tempting to choose the first name on the list, but DOWCs are specialized investment tools that are most efficient when run by an investment manager who has a deep understanding of these vehicles. Making a snap decision now could cost time, money and peace of mind in the long run. Our goal is to make the selection and onboarding process as seamless as possible. We work closely with all members of your DOWC team to provide personalized solutions with a knowledgeable service team.
Exclusive, Personalized Investment Solutions
As an investment manager with long-standing automotive industry client relationships, we understand the unique needs of dealers. As your investment manager, we are at the center of your DOWC team. We work directly with your claims administrator and the other members of your team to help you get the most out of your DOWC. Our experience with dealers and DOWCs has allowed us to create an exclusive investment offering that includes a diversified portfolio that allows our DOWC clients to invest for every stage of the DOWC’s lifecycle.
Waycross is not a wealth manager selecting investments managed by external investment managers. Instead, Waycross Partners IS the investment manager. Our in-house team of CFA® charterholders makes all of the investment decisions on our clients’ portfolios. By managing your investments in house, we offer the following advantages to your DOWC investment:
By managing your investments in-house, we not only provide access to the team selecting each investment, but we effectively cut out the middleman by eliminating additional vendors, removing layers of fees.
Additionally, Waycross Partners offers fee transparency within a fee-only (non-commission) structure. Clients are charged an annual fee under a simple, predictable model based on the assets we manage in the DOWC, which means that clients always know exactly what they are paying for in management fees.