Our philosophy is simple and can best be described using an example. Assume you began with $100 and lost 50%. You would now have $50. To recoup your loss you would need a 100% return. Because of this, we place a great deal of emphasis on risk management.
As a fiduciary, we seek to create well diversified portfolios with an efficient risk/return relationship.
We also believe it is prudent to diversify across selected asset classes and geographic regions using quality investments with an emphasis on low internal fees.
We are also sensitive to income tax issues as many of our clients are in the highest tax bracket.
Finally, we have no bias concerning passive or active management in our selection process.