Because each client is unique, portfolios are customized to the goals of the family and their comfort level with various investments. We believe portfolios should be suited to the circumstances of the client, not the other way around.
Broad diversification among multiple asset classes is the hallmark of our investment portfolios. We proactively allocate among those asset classes we believe have the best risk-adjusted return potential.
A key to future returns and risk control is recognizing undervalued asset classes, investing in them when they are out of favor, and trimming back when they are at high valuations.
This philosophy is in direct contrast to the momentum approach followed by many investors of buying securities after they have already become popular and expensive.
In addition to diversification and our contrarian style, our investment approach emphasizes tax awareness and fee sensitivity.
Investment decisions are made by the owners of the business, not a "home office" on Wall Street. In addition, we do not sell products; therefore, portfolios are managed with our clients' best interests at heart.