Financial and Investment Advisors to Families

In a financial world where clients have become mere account numbers, and the new emphasis rests on mass-marketing investment products and gathering “Assets Under Management,” we continue to deliver the attentive personal service of a knowledgeable and dedicated family advisor.

We believe that we are better investors because of our heritage as advisors to families and the long-term perspective it requires, and we are better family advisors because we possess the deep understanding and experience of real-life, active investing.


A Stock for a Grandchild

January 5, 2023

I was sipping my coffee one morning, and I got a phone call from my partner, Francois Sicart. He likes to surprise me with interesting questions, and that day was no different. He said: “if you were to pick one stock to recommend to a client as a gift to a grandchild, what would it be?” I gave him an answer immediately, and we had a long conversation about it, which planted a seed for this article.
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New Year’s Resolutions 2022/2023: Consistency of a Sustainable Effort and Respectable Results

December 22, 2022

It’s that time of the year again. The Earth did a full circle around the Sun. A year ago, about this time, I wrote a short article about New Year’s Resolutions (read it here). I mentioned how many may like to set ambitious goals, but it’s the process built on helpful habits that lead to favorable outcomes in life and especially investing. A year later, I have further thoughts and observations on the topic, I call it: consistency of a sustainable effort & respectable results. Let me explain.
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Beyond The Headlines

Selective Ignorance

January 19, 2023

As the news of the implosion of one of the crypto exchanges hit the headlines recently, I have been thinking about how I was completely unaware of who Sam Bankman-Fried is, what FTX does, or anything related. Apparently, this $32 billion venture had the backing of some serious seasoned investors. Its executive was patted on the back by legends of the world of politics and business. Its product was endorsed by star athletes, all while he was giving outsized political contributions. I must have very successfully exercised selective ignorance since I wasn’t abreast of any of it. I honestly don’t think I really missed anything, though. Let me explain.
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Not The Wrong Question, Yet, But The Promise Of A Right Answer

November 18, 2022

On January 14th, I published this article which predicted that one of these days, after a spectacular decade of progress, the stock market would encounter a serious air pocket. Investors  would then ask the perennial question, “What caused the market collapse yesterday?” But this is not a helpful question. The more discerning  inquiry would really be, “Why did the market rise so much before yesterday’s crash?”
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