How do you measure performance?

We measure performance in three ways. Initially, we determine whether the construction of the portfolio meets a client’s investment objectives and risk tolerance. Then we measure the returns generated by the portfolio against peer groups and market benchmarks over several calendar quarters. The goal is to have the portfolio meet or exceed peer group and market metrics. Finally, we assess the portfolio’s risk-adjusted returns by evaluating the level of risk, based on historical performance, in relation to the returns. These three measures are applied to each investment chosen for a client, as well as the portfolio’s constellation of investments in total.