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.