Asset Management

Philosophy

We seek investments with strong risk-adjusted and after tax returns. We use these within our long-term strategic asset allocations that are tailored to each client. We stay fully invested across market cycles and diversify across regions, styles and asset classes.

We then incorporate current valuations and economic trends to inform modest semi-annual tactical tilts that adapt to changing macro conditions.

Process

We leverage strategic partners when making asset allocation, manager and security selection decisions. By combining our best thinking with the various thought leaders in the industry we remain independent while bringing cutting edge ideas and solutions to our clients.

Style

To reach your goals, you need intentional investment solutions. We lean towards an approach that balances index-tracking, factor based and alpha-seeking strategies. This enables us to meet your specific needs within your portfolio while diversifying sources of return in a structured and intentional way.

Thoughtful Asset Allocation

Research shows that over 90%¹ of total return variations are driven by asset class selection. When constructing your portfolio, we follow an asset allocation that's in sync with your objectives, income and liquidity needs, time horizon and risk tolerance. We monitor and adjust to capture opportunities as financial markets and your investment goals evolve over time.

Risk + Reward

When it comes to asset class performance, it is important to understand the fundamental components of risk and return. We intentionally blend index-tracking, factor based and alpha-seeking strategies across asset classes for diversified sources of return. By combining these strategies with lower correlation to one another, we help reduce unnecessary risk while still providing long-term investment outcomes.

Disciplined Due Diligence

Our investment committee works diligently to identify themes and public and private market strategies. As independent fiduciaries, we also work with industry-leading partners to complement and enhance our efforts. We manage and monitor your investments at both the macro and micro levels to support a well-diversified portfolio. This approach evaluates recommended solutions based on peers, asset class, tax consequences and market direction. Our goal is to find the best solutions no matter where they may exist in the marketplace. This is one of the benefits of being independent.

Relevant Reporting

Knowing what investments you own, why you own them and their performance relative to benchmarks, is central to successful investing. We use leading performance engines so you have detailed, transparent reporting of your assets which includes what you pay as well as gain loss reports across all accounts we manage. Combined with regularly updated financial plans - you have a clear understanding of your entire financial picture.

Index-Tracking

Seek to provide low-cost, diversified market exposure and can serve as the anchor for core portfolio exposures. Lowest fees with no excess returns, unless through successful market timing at implementation.

Factor Based

Seek to provide incremental returns or reduce risk by targeting historically broad and persistent drivers of return such as quality, value, momentum, size and minimum volatility. Produce potentially meaningful excess returns over a market cycle with low to moderate fees.

Alpha-Seeking

Seek to provide incremental returns by targeting unique and harder to access insights that require specialized skills such as individual security selection, tactically allocating across countries and industries, or timing broad market, sector and factor moves. Produce potentially meaningful excess returns and differentiated factor returns.