Oscar Wilde once observed that, “Success is a science. If you have the right conditions, you get the result.” At Legacy Trust, our investment philosophy is very similar. Through knowledge of our families’ situation and needs, through objective analysis of asset allocation strategies, and through extensive evaluation of investment managers, we create the right conditions for success — your success.
But in addition to science, successful investing also has an element of art. At Legacy Trust, the art of investing resides in the expertise and judgment of our investment team, which designs the right allocation strategy for each of our families, based on their risk tolerance, time horizon, desired return and overall wealth objectives.
When the right asset allocation plan is in place, we don’t buy and sell stocks, bonds and other assets to achieve the plan’s objectives, but we do select the world’s best portfolio managers to achieve desired results. All of our manager recommendations are based on a “best of” strategy where the only two criteria are performance and whether the investment fits within the overall portfolio objective.
Through this blend of rigorous academic analysis and expert investment judgment, we have created portfolios for our clients that have outpaced the markets with time-weighted returns.