Our First Fifteen Years
A chart reviewing our investment decisions and results. View PDF
We manage separately managed accounts which are invested in a mixture of global equities, bonds and cash. After in-depth discussions with our clients, we tailor their portfolios to their risk profiles, time horizon, income requirements, and social guidelines.
Our four composites are compiled from client accounts based on the appropriate benchmark as well as on the account’s tax position.
Our expectation is to do better than the corresponding benchmark when it is falling and to do somewhat worse when it is rising. This is because we seek to avoid the risk of losses even at the expense of making more in good markets.
Please view our investment results in conjunction with the disclosures.