“The first rule of investing is don’t lose money. The second rule is don’t forget rule number one.”
– Warren Buffett
We are a dynamic manager and adjust our asset allocation, risk profile and manager selection as market conditions change.
Client portfolios are typically broadly diversified among many different asset classes and undergo a diligent manager selection process. We primarily create portfolios of thoughtfully selected no-load or load-waived mutual funds, paying careful attention to cost control.
Our manager selection process uses both top down and bottom up analysis. This creates a portfolio of our very best ideas. Our portfolios are not static, and over time we monitor and adjust both the asset allocations and the individual holdings as we anticipate and respond to the markets and economic conditions.
Many of our clients also seek protection from high tax rates. We monitor realized gains and losses in their portfolios throughout the year to minimize unnecessary tax burden.