Disciplined | Timeless | Investing
We are an independent, 100% employee-owned ﬁrm
specializing in high-quality mid to small cap value equity
investing for institutions and high net worth families.
By consistently focusing on the few critical variables and
avoiding being distracted by the noise, we have kept
investing simple for more than 30 years.
FOCUSED, FUNDAMENTAL, LONG-TERM
We focus on a singular, time-tested, fundamentals and values- based investment approach identifying high quality companies in the mid to small cap sectors of the market.
Our investment philosophy seeks to own a collection of
companies we deem to be “well-managed, ﬁnancially powerful and attractively priced.” This phrase uniquely captures our belief that investing involves owning businesses, not just purchasing or selling securities.
A skilled, experienced team
With more than 100 years of experience, our team has invested through many market cycles. Founded in 1992 as an independent, employee-owned ﬁrm, we strive to create a collegial and focused culture.
Our incentives are aligned with our clients—we are co-investors in
the exact same portfolio and highly committed to generating
attractive returns through market cycles.
A history of
PRESERVE AND GROW
Our investment approach has produced above-average returns for our clients through full market cycles. By ﬁrst protecting capital in challenging markets and then growing capital in up markets, we
have generated consistent returns with less volatility.
We expect that our disciplined valuation parameters applied to a
select group of high-quality companies should produce a similar return pattern in the future.