Overview

Our firm was one of the first to offer independent, objective, and comprehensive advice to wealthy families.

Thirty years later, we have over 70 employees serving 185 families, providing investment advice on over $6.9 billion (AUM), and advising on over $11.3 billion of assets (AUA).

Our mission is to deliver a comprehensive, integrated approach to help clients manage their financial lives and make the best use of their resources.

Our investment team specializes in structuring individual tax-optimized portfolios for each of our clients. We focus on managing risk and identifying investment opportunities we believe will be compelling after taxes and after fees. We are also experts in social impact investing.

Our wealth planning team proactively identifies opportunities and mitigates risks outside our clients’ investment portfolios. We are well-known for our sophisticated wealth planning strategies, our suite of family office services, and our multi-generational client relationships.

We offer two service areas:

  • Family office:  Comprehensive investment advice and strategic wealth planning for individuals or families with investment assets of $20 million or more.
  • High Net Worth:  Holistic investment and wealth planning advice for individuals or families with investment assets of between $3 million and $20 million.

Learn more about Our Team.

What Makes Us Different

Specialization

We work with families rather than institutional investors. As taxable investors, families face very different challenges than institutional and endowment investors.  (For some examples, read our sample Client Stories.)

Focus on net investment returns

Our focus on taxable investors means that we evaluate investments on their after-tax returns. Our team builds diversified portfolios using a combination of low fee, tax-efficient investment vehicles and active managers when their after-tax returns justify their fees. We also add considerable value through tax-optimization of our clients’ portfolios.

Customization

Every family is different. They have different objectives, balance sheets, tax situations, entity structures, and other needs. Optimizing investment results for each unique family requires building and managing customized solutions. Our investors are not herded into one-size-fits-all commingled funds, which dilute their flexibility and present hidden costs.  Read more about Our Services.

Excellence in investing and planning

It is not possible to build customized investment solutions without deep planning expertise. We excel in both planning and investing and we know how to integrate the two in order to help you protect and grow your wealth. Our planning expertise also allows us to identify opportunities beyond your investment portfolio. Expert wealth management creates real savings and mitigates substantial risks when applied holistically. Our proprietary Family Wealth Scorecard® allows us to measure how a family is doing relative to their wealth management goals and relative to their peers. Read more about the wide range of services we provide.

No product sales

We work only for our clients and we have structured our firm to minimize conflicts of interest. We do not sell insurance and investment products. We do not accept commission income or participate in the fees of investment managers to whom we refer business. We serve exclusively as our clients’ advocates in dealing with a broad range of wealth management issues. Read more in our White Paper, The Business of Wealth Management.

Continuity

We are committed to the long-term independence of our firm. Most of our client relationships are multi-generational, and our clients appreciate that we have a plan for how our firm will be there through these generations. We also help our clients provide for succession within their families by helping each generation acquire skills necessary for successful management of wealth. We are knowledgeable about the complex interactions between money and family dynamics. This is particularly important when the source of the family’s wealth is a closely held business enterprise.

What You Can Expect From Us

Helping you to define your objectives

We work with you to articulate the goals that you find most meaningful, both in the short and long term. For instance, your near-term focus may be on gaining access to unique investment opportunities that complement your business, but your long-term priority may be passing wealth onto your children in a way that allows them to thrive. We address the short-term goal while making sure that our strategies promote the long-term goal as well.

We also examine the multiple wealth planning issues involved in your financial life to determine whether any of your articulated objectives compete with one another. Managing competing objectives is an essential part of the work we do.

Helping you to optimize your financial situation

Our clients rely on us to help them with everything from achieving better investment returns to preparing their children to successfully manage inherited wealth. We know how to find untapped opportunities in even the most complex and highly managed financial situations and we focus on the interactions between the financial issues that affect you. For example, decisions about your investment strategy may affect your cash flow, taxable income, insurance, and estate planning requirements. While your specialty advisors are best equipped to advise about specific issues within their areas of expertise, we are uniquely positioned to advise you about all of these interactions.

Making sure that your key advisors work as a team

As a new client, you may come to us with highly-competent attorneys, accountants, investment, and insurance professionals already engaged. Our mission is not to replace these other advisors. Rather it is to make sure that all of the advisors working with you are working as a coordinated team to develop strategies aligned with your objectives.

Peace of mind

Our ultimate goal is to create peace of mind for you by anticipating your needs, developing contingency plans to deal with uncertainty, keeping risk exposures within limits that are acceptable to you, minimizing taxes, and helping you to achieve your overall financial objectives.

Code of Ethics

Our Code of Ethics describes the values and behaviors to which we expect our team members to adhere. These values define our culture:

  • Integrity: Adhere to the highest ethical standards in all aspects of your work. Tell the truth.
  • Objectivity: Put our clients’ interests first.
  • Reliability: Keep your promises.
  • Competence: Become an expert, but also know your limitations.
  • Confidentiality: Respect the confidentiality of our client relationships.
  • Respect: Treat other people, both inside and outside our company, with respect.