A Commitment to Our Clients

Transparency, objectivity, honesty and consistency: These guiding principles promote full disclosure and a disciplined investment process reproducible under a variety of market cycles, stresses and times.

Transparent: Our clients know what our portfolio managers are doing in their account at all times, and they are always aware of the fees being charged and not being charged.

Objective: We do not buy research in exchange for other services. We do not utilize soft dollar practices. We do not manage clients’ wealth in order to generate fees in other operations such as banking or underwriting. Our research is driven only by the goals and risk parameters of our clients.

Honest: Our clients know that there are no conflicts with trading practices, and that institutional pricing is passed through to our clients. The “house” does not take positions in the marketplace, so there is never the need to decide which trades are executed first and at what price.

Consistent: Consistency is a vital element both regarding our investment decisions and our operating procedures. The results are that our clients benefit during both good markets and bad; our clients’ assets are safeguarded in bull markets and bear markets; and the rules and fees regarding client accounts do not change from day to day or based on market performance.