What We Do TYPE A

Integrated Investment Management

Our approach to investment management reflects our collective decades of investment experience at firms both large and small, as well as our experience working directly with hundreds of families. Our process is carefully designed to increase our clients’ chances for long-term success. We believe that any successful investment organization must have core beliefs to keep them grounded and focused. Our core beliefs are:

Aligning a portfolio to each client’s specific profile is a pre-requisite to long-term investment success.

Both in strategic portfolio design and ongoing management throughout each cycle.

Sound academic theory is important and useful, but experience, wisdom and good judgment are critical as well.

You must be honest, open-minded, and flexible through various economic and capital markets cycles.

It is impossible to predict with consistency or certainty what the markets will do over the short-term, but an inflexible, static long-term approach can miss opportunities to play both offense and defense.

Investing is not hard, but it is far from easy. Greed and fear are unavoidable emotions. Discipline and conviction must be maintained at all times.

Your chances for success increase if you avoid conflicts of interest and combine objective research with an open architecture approach to portfolio implementation.

Our Research Process – While we conduct extensive in-house research, we have also identified a small number of third party research providers who we think provide the best and most actionable insights. Many of our favorite research sources are independent, boutique providers.

Our Toolkits – Many of our peers cling almost religiously to a particular type of product or solution, not venturing far from their comfort zone. That’s not us. We think there are real dangers in that approach. Rather, we strive to remain product agnostic and open minded, simply choosing whatever solutions we think make the most sense for our client portfolios. Depending on the asset class, the portfolio size, and other factors, we utilize mutual funds, exchange traded funds (ETFs), interval funds, illiquid vehicles, and third-party Separate Account Managers (SAMs).

Integration – We call our process “Integrated Investment Management” for a reason – we are not managing a mutual fund against an index, we are integrating the management of your assets with your financial plan to help you achieve your goals. That’s an important distinction. We will consider not just your risk tolerance and time horizon, but also the tax profile of your accounts, your savings (accumulation) and withdrawal strategies, and your needs for liquidity.

No matter how simple or complex an investment approach, your chances of success will be low if you do not have the confidence to stick with it. That’s why we go to great lengths to explain our process to our clients at the beginning of each relationship and why we communicate clearly on regular basis.