by Scott Ronalds
We’ve hit a BILLION!
That is to say, the assets that our clients have entrusted us to manage pushed through the billion-dollar mark with the close of the first quarter.
It’s just a number, but it’s kind of cool.
Assets under management, or AUM, isn’t a figure that we frequently report. Our focus is more on the overall experience we’re able to deliver our investors and their long-term performance.
One billion is a big number, though, and an important marker for an investment manager. What makes it even more rewarding for us is that nearly $400 million of this sum represents growth (capital appreciation) that we’ve been able to deliver our clients.
So, we wanted to share the milestone and thank our 3,700 clients who have helped us get here. We greatly appreciate your trust and confidence in our business.
We're not a bank.
Which means we don't have to communicate like one (phew!). Sign up for our blog to get the straight goods on investing.