Investment Management
3 investment principles to protect your nest egg.
Portfolios built to reduce risk, improve returns, and create a reliable income stream in retirement.
1. Keep costs low
According to Morningstar, the cost of a fund is one of the best predictors of its future returns: low-cost funds have historically beaten high-cost ones. So we build portfolios from low-cost ETFs and mutual funds.
2. Own tax-efficient investments
Warren Buffett says his favorite holding period is forever. We agree. Every trade carries costs, from taxes and transaction fees to hidden ones like bid-ask spreads, and they eat into your returns. We hold low-turnover investments to keep those costs, and your taxes, down.
3. Own the right asset classes
Just because you can invest in something, like gold, doesn’t mean you should. We only use asset classes that are supported by peer-reviewed academic research and that work well together in a diversified portfolio.
Corporate bonds, for example, can fall alongside stocks in a crisis, which is exactly when a retiree needs diversification most.
As fiduciaries, we make investment decisions in your best interest. That means ignoring the daily headlines and sticking with the evidence.