40 years ago, Charley Ellis published a paper in The Financial Analysts Journal that was decades ahead of its time. He wrote:

“The investment management business (it should be a profession but is not) is built upon a simple and basic belief: Professional money managers can beat the market. That premise appears to be false.”

He’s a legend in the investment world, a hero to Hill Investment Group, and recently participated in a podcast with Bloomberg that we’ve shared below. It’s one of our favorite interviews to date. Please consider listening to this gem of an interview.

https://soundcloud.com/bloombergview/cfa-charley-ellis-masters-in

We are excited to welcome into our family Thomas Patrick Reagan. He was born September 14th and weighed in at 7lbs 12oz. He’s shown above with his older brother James.

No stone unturned. Although we most often get credit for our evidence-based investment approach, we are also helping clients with seemingly small things just below the surface that can make a big difference when the unexpected happens. One such example is helping clients properly name account beneficiaries for their retirement accounts. IRAs (and other retirement accounts) pass by operation of law according to your beneficiary designations on file, rather than per your estate planning documents. This is a very common misconception.

Experience tells us that it is essential to name a contingent beneficiary in addition to the primary. If a husband and wife were to die at the same time, the assets would pass to their estate, which may result in delays and higher federal income taxes for their beneficiaries. Click here to read an article on this topic.