The next generation of purpose-driven investment solutions.

30 years of abundant returns in traditional asset classes allowed a risk profile to be the solution to every problem.

With interest rates near all-time lows throughout the developed world, that era is gone.

We manage to goals, objectives, and outcomes.  We do it by identifying a problem and solving it with a portfolio process that is simple, consistent, and thoughtfully designed.

We don’t fit into style boxes or categories.  We eschew benchmarks for objectives – real objectives like managing volatility, enhancing diversification, and finding income.  Some call it alternative. 

We call it investing with purpose.

Invest with Purpose

A portfolio should be designed around the goals of the individual.  We believe in providing investment strategies that are designed to solve specific problems.  We actively collaborate with advisors to integrate our strategies into customized, purpose-driven portfolios for end clients.

Risk-First Investing

Since inception, we have defined risk from the investor’s point of view.  We believe that investors care deeply about protecting the capital they have worked hard to accumulate.   We seek to achieve superior risk-adjusted returns by prioritizing downside risk (drawdown) management.

The Outlook Matters

An investment strategy does not exist in a vacuum.  It exists in a market environment.  We believe that having a discussion about the appropriateness and fit of a strategy given the current market outlook is paramount for long-term investment success.

Dynamic, Systematically Managed Portfolios


Our research shows that simple processes are more robust to uncertainty than complicated ones – an important factor in delivering consistent, repeatable results.


We believe that the best way to ensure process consistency is through a rules-based approach, which can help mitigate the behavioral biases that often lead to poor investment decisions.

Thoughtfully Designed

Our transparent rules for translating investment signals into portfolio allocations are uniquely designed to achieve each strategy’s objectives while managing both market and model risk.

Invest with Purpose

We offer a comprehensive suite of investment solutions designed to solve specific problems, allowing investors to build custom-tailored portfolios for their unique objectives.

Invest with Perspective

With historically high equity valuations and historically low yields, the outlook for traditionally allocated investment portfolios is grim.

Read our 2016 market outlook for actionable investment ideas for the next decade.

Smarter Beta
Smarter Beta
Embrace “smart beta” factor investing with a diversified multi-factor portfolio providing access to value, momentum, size, low volatility, and dividend growth.
Seek Higher Yields
Seek Higher Yields
High income asset classes not only offer higher yield potential, but their valuations are favorable relative to core stocks and bonds.  This combination suggests that these income-oriented asset classes may serve as an engine for growth going forward.
Diversify Your Core
Diversify Your Core
Explore alternatives with a turnkey multi-strategy alternatives portfolio providing access to hedge fund beta, credit, equity long/short, managed futures, and other alternative assets designed to diversify your core.

Outcome Oriented

Consistent Process

Thoughtfully Designed


Call Us
+1 617 531 9773
425 Boylston Street, 3rd Floor
Boston, MA 02116