Investment Management
Investment Philosophies
Our approach is evidence-based.
Our evidence-based approach guides us at every point in the investment process, from conducting research, to designing portfolios, to considering when and how to trade. In the end, it is the culmination of all these factors that we believe gives us a higher probability of beating the market. We embrace factor-based investing because it leverages information in market prices to provide a more systematic and reliable way to seek enhanced returns, mitigate costs, and manage risk.
Our Investment Philosophies
What We Do Believe In:
Portfolio construction and investment strategy are best done in service of and coordination with your comprehensive financial plan.
Proper diversification is crucial to mitigating investment risk.
Asset allocation is the primary driver of long-term investment performance.
Asset location (types of accounts) is a significant long-term tax-mitigation strategy.
Passive strategies that minimize turnover are an important component to reduce fees and taxes.
The client-advisor partnership offers essential accountability and guidance, helping to steer clear of costly investment errors.
A rational, long-term, and disciplined approach is far more prudent than chasing the “hottest” investments.
We believe in efficient portfolios: our aim is to maximize return per unit of accepted risk.
What We Don’t Believe In:
Trying to “time the market.”
Hiring or firing an asset manager due to short-term performance.
Making decisions based off “hunches,” recent market trends, greed, or fear.
All investing involves risk including loss of principal. No strategy assures success or protects against loss in a declining market. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.