Everyone tries to catch as much of the upside of the market as possible, but in our opinion, it is far more important to limit the downside by lowering the risk. We believe that people who have money generally have worked hard to accumulate that wealth and they want it to grow; but more importantly, they don’t want to lose it. It is not enough to have a portfolio that performs relatively well when compared to the common indices—losing only 18% when the market loses 20% is not what we think of as success. We try to take as much risk out of the portfolio for you as possible, capturing a disproportionate amount of the upside compared to the downside (an asymmetrical return). Our ultimate goal is to design portfolios that deliver efficient, diversified and prudent investments that minimize risk. We encourage you to ‘test drive’ proposed portfolios by representative back-testing.

Investment Policy Design
As part of the planning process, we work with you to establish an investment policy design that captures your short- and long-term objectives as well as your acceptable level of risk. We determine the most desirable portfolio characteristics and craft a policy statement that defines the basis upon which the specific investments will be made.

Open Architecture, No-conflict Manager Selection
Whether for an individual portfolio, a hedge fund, or a hedge fund of funds, we maintain an open architecture approach allowing us to align ourselves solely with you, the client. We are not captive to an in-house group of managers or any specific investment company—we believe this approach is unacceptable to an educated client. Our portfolio managers choose only the ‘best-of-breed’ outside managers that fit the needs of your diversified investment strategies.

Stock Options/Restricted Stock Management Assistance
Many of our clients have significant portions of their wealth in stock options and/or restricted shares. While the leverage inherent in an options portfolio is usually well appreciated, it brings with it a heightened overall risk from such a highly concentrated position. Using the best analytical tools available, we work with you to understand how the variables of stock price, time to expiration, and other more subtle variables affect your position, and help you to strike a balance between maximum value and minimum risk. Most importantly, we ensure that what happens with this type of investment fits into the overall strategy laid out in the Investment Policy Design.

Private Equity Opportunities
Entrepreneurs need capital to achieve results. It can be both profitable and rewarding to serve as an “angel” or “affinity” investor. Although we recommend that a relatively modest percentage of your wealth be allocated to this kind of asset class, we have these opportunities available for the right investors.

Real Estate Investment Assistance
For those clients interested in investment positions in real estate, we will work to find the right opportunity. Whether you are interested in real estate trusts, residential properties, or commercial ventures, we will help you determine the appropriateness of this investment (with regard to the whole of your portfolio) and help you obtain a position.

Performance Testing, Reporting, and Correction
Continual evaluation and correction is required to achieve long-term success in any investment strategy. Our portfolio managers use the best analytical tools and trusted advisors available, along with our many years of experience, to assess the ongoing performance of your holdings, discuss choices for possible change and make corrections in a timely manner to achieve results.