Fundamental, Long-Term Approach
Our process is rooted in fundamental analysis to discover outstanding investment opportunities across all appropriate asset classes. With the goal of gaining a deep understanding of companies and their financial results, we search for firms with resilient business models that we believe have the ability to grow revenues and earnings in a predictable manner over a long time horizon.
We are not traders or market timers and we do not speculate on near-term events or performance. With that in mind, we try to limit our client relationships to investors with the same conservative, long-term approach that we have and the ability to maintain investment discipline over time and through all market cycles.
Fiduciary Responsibility
As Registered Investment Advisors, we are held to a fiduciary responsibility, which means that we must put our clients’ interests ahead of our own.
We are not stockbrokers or salespeople, and we do not earn commissions that are dependent on the investments we select or the level of trading activity in clients’ accounts. Our only source of revenue is client investment management fees that are based on the value of client portfolios and clearly identified in client fee bills that are sent to clients quarterly. Our primary financial incentive is to grow the value of assets under management, thus aligning our interests with those of our clients.