Palmerston Group Advisors, a firm best known for its Margin of Safety discipline, built its strategy only after carefully studying the best in the business.
1. Few fund managers have genuinely market-beating records of ten or more years.
2. Most of this elite group uses a version of Margin of Safety, the skill of buying assets when "on sale" at a deep discount to their true value. Most excel in bear markets.
3. Few advisors strategically focus on these top managers or their investment ideas when creating client portfolios. Nor do many independent firms focus on these managers when offering allocation advice. In contrast, Palmerston sees these top managers as a huge asset for our clients. We start with what works best, and thus use Margin of Safety for all clients. For client portfolios, we use the ideas and often the (no-load) funds of managers with proven, profitable records.
|Firm Start Year:||1997|
|States Licensed in:||NJ|
|Number of Years with Current Firm:||11|
|I work with the following types of clients:||Individual Investors, Non-Profit Organizations, Institutions and High Net Worth, Businesses|
|Investment Types:||Mutual Funds, Options & Futures, Bonds, Stocks, Alternative Investments, Exchange Traded Funds (ETFs)|
|I can meet clients in the following ways:||Via email, Via phone, At my office, At your home, At your office|
Qualifications & Memberships
|Registered Investment Advisor:||Yes|
|Investment Advisor Representative:||Yes|
|I am an acknowledged fiduciary:||Yes|
|Compliance Disclosures in Last 5 years:||I have a clean record|
|Criminal Disclosures in Last 5 years:||I have a clean record|
Compensation and Fees
|Minimum Portfolio Size for New Managed Accounts:||$400,000|
|Compensation Methods:||Flat Fee, Based on Assets|
|Fee % Based on Assets:||1-1.5%|
|Additional Details on Charges:||Fees tend to range between 1.5% and 1% annually (billed quarterly) depending on amount of assets. Investment advisory services are fee- only. For many years, Palmerston was a fee-only firm, but it added life insurance and health, accident, and disability insurance capabilities in order to better serve businesses, business owners, and high net worth clients with estate planning needs. In these kinds of planning situations, insurance may be a useful, tax- efficient component of a sound strategy. Insurance is the exception where commissions can be part of compensation. Otherwise, if a client or prospective client has no need of these kinds of insurance services, the relationship should be expected to be a strictly fee relationship in which Palmerston receives no commissions.|