Our Core Tenets: Focused on you
You, your needs, and your goals are at the center of our investment tenets. These core principles underscore our efforts to provide you with a smoother ride and more attractive outcomes, while investing for the long term.
Diversify among the underlying economic forces
We diversify portfolios across and within a broad range of asset classes (equities, fixed income, etc.) because economic factors impact asset class performance in very different ways. As it's impossible to predict how widely an economic factor will shift, a diversified portfolio seeks to limit the impact of a single economic influence.
DIVERSIFICATIONDiversify economic forces
A well-diversified portfolio should not be overly vulnerable to a single economic influence. This differentiating focus for our investment management process—and our clients' portfolios—relies on both long- and short-term forward-looking expectations of the economy and markets. Of course, keep in mind that not even a well-diversified portfolio can ensure a profit or guarantee against a loss.
Foster goal achievement with a differentiated approach to managing portfolio risk
We focus on drawdown, the potential for significant loss in portfolio values in a specific period. By “optimizing” portfolios, we seek to better mitigate the potential for drawdown, preserve and grow capital during downturns, and help recover from drawdown more quickly than is the case with traditional portfolios.
RiskDemand an optimized portfolio.
We strive to manage drawdown by optimizing portfolios. This involves determining the best combination of assets, looking at return expectations, asset class volatilities, and the correlations of results among various asset classes.* Portfolios based on drawdown exposure can be optimized by substituting drawdown for volatility in developing the best combination of assets for given drawdown levels. Optimizing this combination of assets is critical to investment success, since it enables an investor to manage the degree of downside risk in a portfolio.
Curb tax liability to boost wealth
To help preserve and grow your wealth, we strive to add value from a tax perspective, which is just as critical as an investment perspective. Our integrated, tax-effective structuring incorporates solutions that we believe are likely to reduce or defer both the annual and generational tax burden.
TAXESMaintain greater portfolio asset values by mitigating tax liability.
We maintain an acute tax-sensitive perspective and strive to mitigate your portfolio's tax liability by determining whether to hold assets in taxable, tax-deferred, and tax-preferred accounts; factoring tax events into trades; seeking gain/loss offsets; and, opting for long-term over short-term gains.
Benefit from lower investment fees, typically available only to institutional investors
To provide you with the most cost-effective solutions, we use: higher-cost active managers only when we have a firm conviction that incremental returns will exceed costs; use low-fee passive or indexed investments when it's prudent to do so; maintain an innovative fee-conscious approach to alternative investments, bringing you hedge fund and private market opportunities if you qualify.
COSTSControl investment costs.
Higher costs should come with greater value. We can offer you the kind of lower fees that are usually available to only institutional investors and opt for investments with higher costs only when we have a firm belief that the returns will exceed those costs.
Your portfolio includes a broad spectrum of high-quality investment solutions
In an effort to deliver enhanced, risk-adjusted returns, we seek: low-fee passive (indexed) investments when appropriate; customized portfolio solutions with an emphasis on downside protection, striving for a performance stream that is consistent with expectations; unique solutions that may not be available elsewhere; and, for qualified investors, innovative alternative solutions, which may enhance portfolio efficiency and long-term expected returns.
SOLUTION EXCELLENCEBe confident that you have high-quality solutions.
Deep market insights, a disciplined manager research process, and continuous evaluation are consistently at work for you and your portfolio.
Let our experienced team put these core tenets to work for your customized portfolio in an effort to bolster returns, while enhancing diversification and curbing volatility and risk.
* Past performance is not indicative of future results. All investing involves risk and you may incur a profit or loss.