Our Investment Philosophy

We believe that deciding how much to invest in each asset class (stocks, bonds, real estate, commodities, international vs. domestic, money markets, etc.) is the key factor in determining your total investment return. This asset allocation must be determined for each investor based on his or her unique financial goals, tax situation, time horizon, and risk tolerance. Over the long-term, most actively managed mutual funds do not beat their corresponding market benchmarks after adjusting for risks, costs, and taxes. Therefore, we may recommend "passively" managed funds as options for the portion of a client’s asset allocation dedicated to stock and bond mutual funds. We also provide advice on actively managed funds and individual securities as they are often held by clients for a variety of reasons. Private equity, hedge funds and other alternative investments are limited to those clients that have a portfolio which can sustain the concentrated nature of the risks associated with those assets.

Please contact us for an expanded discussion of our investment philosophy.