Private Wealth - Statement of Beliefs

  • A disciplined process must be in place and followed
  • An Investment Plan must govern investment decisions
  • Strategic asset allocation is preferred over tactical asset allocation (market timing)
  • Selection of prudent and qualified professional investment managers/investments is critical.
  • Global thinking versus domestic-only is imperative
  • The importance of reversion to the mean and an understanding of investment cycles
  • A team approach is preferred over individual decision-making
  • Both active and passive (indexing) strategies may have a place in the portfolio
  • All asset classes should be considered
    • Risk is managed by diversification of asset classes
    • Strategies to preserve capital during a downturn is critical