Working together
What makes a great investment operation?
All of the investment ability in the world doesn't matter if it doesn't help get you to where you want to be. We work hard to build and constantly upgrade our knowledge and understanding of the investment landscape and we also work hard to make sure that it reaches you in the form of better outcomes. In short, everything Areté does is designed to give you a fair chance to get ahead with investing.
Key elements:
We evaluate all investment services, including our own, on the criteria of conscientiousness, commitment, and competence.
Conscientious
Conscientiousness is the foundation of fiduciary duty – putting the interest of clients first. David Swensen said in his book Unconventional Success, “The overwhelming number of mutual funds fail to meet the fundamental criterion of fidelity to fiduciary principles, as pursuit of profit overwhelms responsibility to investors.”
Committed
A manager’s hunger to serve and to perform is captured by his/her commitment. A manager’s investment in the fund, investment in the organization, and personal sense of duty to his/her investors are all positive signals.
Competent
Ability should not be taken for granted. Unlike in many other professions such as law and medicine, there are no substantial formal educational requirements for most investment jobs. This is important because research indicates higher education tends to be associated with more prudent risk-taking. Look for strong academic credentials, a CFA designation, a clear and reasonable investment philosophy, and enough transparency to allow you to judge.
Conscientious
Conscientiousness is the foundation of fiduciary duty – putting the interest of clients first. David Swensen said in his book Unconventional Success, “The overwhelming number of mutual funds fail to meet the fundamental criterion of fidelity to fiduciary principles, as pursuit of profit overwhelms responsibility to investors.”
Committed
A manager’s hunger to serve and to perform is captured by his/her commitment. A manager’s investment in the fund, investment in the organization, and personal sense of duty to his/her investors are all positive signals.
Competent
Ability should not be taken for granted. Unlike in many other professions such as law and medicine, there are no substantial formal educational requirements for most investment jobs. This is important because research indicates higher education tends to be associated with more prudent risk-taking. Look for strong academic credentials, a CFA designation, a clear and reasonable investment philosophy, and enough transparency to allow you to judge.
Values
We believe one critical factor in helping anyone in any situation is the willingness to do so. We take the responsibility of managing someone else’s money, and the obligation to put our clients’ interests before our own, very seriously. Indeed, it is the opportunity to provide quality stewardship, to help people manage their investments properly, that makes this business so meaningful to us.
Courteous. Respectful. Honest. Fair. Sincere. These words describe our standards of behavior. They serve as manifestations of how we try to live our lives every day. We do so because we believe it is the right thing to do. However, they are also just words. As a result, we don’t expect you to believe them without scrutiny. Please check us out. Come in, talk to us, call, email—and judge for yourself.
Courteous. Respectful. Honest. Fair. Sincere. These words describe our standards of behavior. They serve as manifestations of how we try to live our lives every day. We do so because we believe it is the right thing to do. However, they are also just words. As a result, we don’t expect you to believe them without scrutiny. Please check us out. Come in, talk to us, call, email—and judge for yourself.
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