A LONG-TERM PERSPECTIVE focused on managing risk

The essence of investment management is the management of risks, not the management of returns. Well-managed portfolios start with this precept.
Benjamin Graham

Many noted investors today, including Warren Buffett, have based their investment decisions on the teachings of professional investor and Columbia Business School professor Benjamin Graham. And for us, managing risk forms the backbone of our investment policy today.

We believe in a long-term, patient approach when it comes to managing the assets of our clients. In this approach, we pursue growth opportunities while avoiding trendy investments. With your goals and specific tolerance for risk in mind, we will rigorously apply discipline to clearly defined investment allocations and a portfolio rebalancing process when necessary. We also work to balance risk based on how long the money will be invested in relation to the date it will begin to be used as income in retirement – possibly accepting a bit more risk in the beginning and slowly reducing the risk as the retirement date draws closer.

In cases where clients have non-liquid assets, such as real estate and private business interests, we coordinate the more liquid investments we’re privileged to manage around those investments in order to provide balance and a situation where cash would be more readily available should the need arise.

There is no assurance that any investment strategy will be successful. Investing involves risk and investors may incur a profit or a loss. Asset allocation and diversification do not ensure a profit or protect against a loss.