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.


The Blessings Of Mentorship

August 25, 2021

I recently received a very kind email from our this year’s intern, Joshua. His experience was different than that of many of his predecessors that we hosted over the years. He was our remote intern working from his home. His words of appreciation for what he had learned with us made me think of my mentors, who blessed me with their generosity over the last two decades.  
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What I Might Do Differently If I Managed Only My Own Portfolio

August 17, 2021

It has periodically occurred to me that, if I were managing only my own money, I would probably do it somewhat differently. For ethical reasons, I do attempt to manage my own money as closely as possible to the way I manage the money of my client families. There will always be some differences because individuals often have different patrimonial goals and requirements but, by and large, our portfolios tend to own the same investments.
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Beyond The Headlines

Penny Wise, Pound Foolish

September 23, 2021

Pennies, cents, pounds, dollars, euros – it’s sometimes curious how we think of money. A while ago, I remember someone sharing with me a tale of old Wall Street. With a lot of self-made fortunes, many investors tended to be penny-wise but at times pound foolish. The smaller amounts were easier to relate to, they felt familiar, and the larger ones were so disproportionately big that the right penny habits didn’t capture them. Doesn’t it happen to us all now and then?
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Nostalgia isn't what it used to be

September 1, 2021

I was reorganizing my library this week and came across many books that I had not opened in years. Among them was a little booklet published by The Free Press under the aegis of New York University, entitled “The Rediscovery of the Business Cycle.”
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