It takes a unique kind of organization and a special kind of professional to deal with the requirements of a multi-generational family. Capital preservation is of utmost importance to a wealthy family. The decline of the purchasing value of the dollar is the most decline risk that wealthy families face. Prudent investment in equities for the long term has been our recommended solution to this problem. We use the word prudent because we think that it is possible to develop competitive total returns on capital without incurring undue risk. This is done by owning stocks with relatively low volatility, diversifying the portfolio broadly, and employing full-time skilled management of the portfolio.

We are often called upon to provide objective advice as to how a family should treat a sensitive situation much like a family physician, lawyer or accountant. This advice often extends beyond the basic construction of security portfolios. We have advised on such complex issues as buying and holding businesses and real estate, distributing assets to children and the amount and form of charitable giving. In all of these issues, we are able to give objective advice based upon the knowledge of the personal wishes and desires of our clients. Wealthy families need to keep their financial information private. Our entire professional staff is aware of this - there is a fiduciary responsibility for confidentiality within our firm.