Our Beliefs and Behaviors

Our founders created a new kind of asset management firm in 1930

From our roots in San Francisco, we have become one of the world’s largest independently-owned investment firms. We manage money for individuals and institutions globally with a single, value-oriented investment philosophy applied across a select set of offerings. This focus means more resources honing fewer strategies, more passion driving fewer priorities, and more confidence backing every decision. Over 90 years later, we focus on what matters most – mastering the complexity of investing – because we know better outcomes mean greater opportunities for the clients and communities we serve.

Our Beliefs and Behaviors define our culture and distinguish our business.
We pursue investment returns that exceed the market with the expertise and personal commitment every investor deserves.

We deliberately design our business to align our success with that of our clients.

We do fewer things better in pursuit of excellence, in service of our clients and community.

We challenge our thinking and learn from our mistakes and our successes, continually compounding intellectual capital across our integrated team for the benefit of all clients.

We set high standards for ourselves and go the extra mile in all that we do.

We answer only to our clients, our colleagues, and our conscience.