How We Support Tomorrow’s Entrepreneurs

We don’t want to gush about it, but we absolutely love the qualities that make for a successful entrepreneur. In our eyes, entrepreneurs must be innovative, determined, focused, highly motivated, hard working, and above all… courageous. In fact, we encourage those very qualities in our staff when we ask them to “own” their work and…

Investing and Hindsight Bias

The current bull market has been steaming ahead since the market bottomed in March 2009. Consumers of investment advice have noted that passive, buy and hold strategies have outperformed most active strategies over this time period, giving some the false impression that ‘risk management,’ in the context of tactically changing portfolio asset allocation to defend…

Time for a Financial Fire Drill

Time for a Portfolio Fire Drill

NOTE: There is a 100% probability that bull markets will be followed by bear markets. This article is not a forecast about imminent market behavior. For our latest views on markets, clients should read our market review. Financial fire drills are all about testing your emotional response to a bear market, which you should be…

Are We Making Too Many Trades?

Actively managing a portfolio requires buying and selling securities with the goal of managing risk and outperforming passive benchmark portfolios. Clients are correct to question the number of trades that are being made in their portfolio in pursuit of this objective. After all, one trade can generate several trade acknowledgments from our custodians, and each…