Investment Philosophy

Our Investment Philosophy

As a value-oriented investment adviser with a global perspective, we believe informed asset allocation, careful manager selection, and disciplined risk management are vital to maintaining balance in a portfolio. We seek good value in underlying earnings as well as earnings growth, combining value and growth components in client portfolios diversified across multiple asset classes and geographies.

To build enduring wealth, we strive to capture a “patience premium” relative to our peers. At times an asset class, manager, or style may be out of favor and the risk-adjusted price low relative to our expectation of fair value, giving us a “margin of safety.”

Intellectual rigor, consistently applied within a time-tested framework, guides our approach to wealth management. Our legacy of advising clients on preserving capital and generating long-term growth centers on judicious asset allocation and effective portfolio implementation.