Evidence from practicing investors and academics alike, points to an undeniable conclusion: returns come from risk. Gain is rarely accomplished without taking a chance, but not all risks carry a reliable reward. Financial science over the last fifty years has brought us to a powerful understanding of the risks that are worth taking and the risks that are not.

At Family Office Research, we believe in building Tax Efficient Portfolios, which leads us to adhere to a few key principles:

   Allocation Process:

• Diversify systematically
• Apply discipline: Think long-term and maintain asset allocation

    Implementation Process

• Minimize Fees – Hold low cost investments
• Minimize Taxes – By minimizing turnover

Some investments have higher turnover in their portfolios, and some carry higher fees – both in the form of management fees and trading costs. All things being equal, it is better to have investments with less turnover and lower expenses, which make them efficient ways to capture returns in the equity market. 

We believe investing doesn’t have to be as complicated as others might have you believe. We concentrate on determining your goals and objectives, sizing up your risk tolerance and estimating your ability to deal with the market volatility, and then helping you make your plans with confidence.