A steady hand underpins every
successful investment program


Benign neglect is the secret to long-term investing success.

- Charley Ellis

Human nature drives us to buy high and sell low — whether in asset allocation, factor exposure, manager evaluation, or security selection. Seeking better return through portfolio adjustments can lead to abandoning investments when most out of favor and replacing them with more comfortable holdings.

A steady hand requires a well-constructed investment program. Good governance, good process, and well aligned investment partners help to build conviction and avoid corrosive decisions.