We Don't Speculate with Client Assets,
We Invest Them.
Portfolios are constructed for the individual investor
In managing portfolios for affluent investors, our goal is to maintain
wealth while growing it at a rate appropriate to the individual client's
objectives and constraints. Our client portfolios are customized to
achieve a particular balance of risk and return.
We don't take bets on the short-term direction of the market or
on the performance of individual stocks
To a large extent, financial markets are efficient and securities are
correctly valued. Attempts to outperform capital market returns by
trying to identify market errors through security selection and by
market timing have generally proved unsuccessful over an extended
investment horizon. Therefore, we select investments designed to
deliver capital market returns rather than speculate on the fortunes
of individual securities.
We structure portfolios based upon long-term trends in the financial
markets. Asset allocation, or the strategic distribution of assets across
various asset classes, is the primary determinant of results. By building
portfolios in the light of historical financial market research, we seek
to structure a portfolio in which risks are compensated by return at
a level appropriate for the individual investor.