Our Investment Philosophy

1. Asset Allocation must be forward-looking and proactive, not simply based on history. Asset allocation is responsible for over 93% of a portfolio's return.
2. Globally constructed portfolios offer significant diversification benefits.
3. Managing risk is crucial in a cyclical market.
4. Controlling expenses matters, especially in efficient asset classes.

Our Investment Process

1. We meet with each client to identify their investment goals:
• We determine the rate of return necessary to achieve these goals.
• We work with each client to assess their risk tolerance.
• We identify potential constraints that will impact how their portfolio should be managed.
2. We recommend an investment strategy appropriate for each client and open accounts for them at Charles Schwab & Co.
• Every client has their own individual account with Internet access to it at all times.
• We manage transfers of assets from other accounts into the client's account(s).
3. We implement the investment strategy and manage our clients' portfolios.
• Clients are notified whenever a transaction occurs.
• Clients receive monthly transaction statements.
• Clients receive quarterly performance summaries from Chapel Hill Investment Advisors.
4. We meet with clients regularly to review both performance and progress toward their stated investment goals. We recommend adjustments to their investment strategy as needed.
• Clients hold Chapel Hill Investment Advisors responsible for investment performance under a fiduciary standard.
• We work directly with our clients' advisors on taxes, estate planning, or other related matters.
• We charge a fee based based on assets under management. Our fee grows only when our clients' accounts grow.