Our Process Is Guided By These Beliefs:
(1) We believe the success of any venture increases greatly with planning
(2) We believe that the capital markets will reward long-term investors
(3) We believe in knowledge over emotion
(4) We believe in reason over impulsiveness.
(5) We believe in focusing our efforts on what we can control.
We work diligently to get to know you and your and family personally. We will attempt and uncover your immediate and longer-term objectives, what your appetite for risk is, and the values that are important to you before we ever discuss investing your money.
Once we ascertain your goals, we construct a wealth management plan as a roadmap for effectively and efficiently investing your money. This plan will evolve over time to make sure it continues to meet your needs, and objectives throughout the time we work together.
Our philosophy on investing is rooted in Nobel prize winning research and employs a multi-factor investment approach: we believe that the capital markets process information very efficiently and will reward long-term investors. Investing across broad geographic regions and including multiple asset classes enables us to capture the premiums that exist through different market cycles. We are committed to keeping portfolio costs low and being tax efficient as we implement the plan.
Most importantly, we believe in integrity, knowing that trust and respect are the only ways to do business.
Adhering To Principles That Increase Investment Success
Let the Markets Work for You: The financial markets have rewarded long-term investors. People expect a return on the capital they supply, and historically, the equity, commercial real estate, bond, and private markets have provided growth of wealth that has more than offset the effects of inflation.
Resist Chasing Past Performance: Some investors select investments based on past returns. However, research shows that past performance offers little insight into the investments future returns.
Consider the Drivers of Return: Academic research has identified certain equity and fixed income dimensions, which point to differences in expected returns. You can pursue higher expected returns by structuring portfolios around these dimensions or factors.
Practice Smart Diversification: Diversification helps reduce risks that have no expected return but diversifying within your home market is not enough. Global diversification of more than stocks and bonds can broaden your investment universe.
Avoid Market Timing: You never know which market segments will outperform from year to year. By holding a globally diversified portfolio you are well positioned to seek returns wherever they occur.
Understand Your Risk Capacity and Tolerance: Aligning your investments to meet your objectives should be your number one priority. Understanding your capacity to take risk and the volatility you are willing to accept is essential to designing an appropriate allocation.
Manage Emotions: Many people struggle to separate their emotions from investing. Markets go up and down and the volatility can become frightening. Reacting to current market conditions may lead to making poor investment decisions. We work to avoid reactive investing!
Look Beyond the Headlines: Daily market news and commentary can challenge your investment discipline. Some messages stir anxiety about the future, while others tempt you to chase the latest investment fad. When headlines are unsettling, we consider the source and maintain a long-term perspective.
Manage Expenses, Turnover and Taxes: By keeping the cost of investment low, turnover to a minimum, and being mindful of the type and placement of investments goes a long way to achieving better investment outcomes.
