At Osbon Capital, John Osbon is the conductor, but where’s his orchestra?
We often hear the question: How many employees do you have? Our reply – zero – is a surprise to some. The business is operated by two partner owners. John Osbon manages all client portfolios and investment strategy while Max Osbon is the operational guru. Our payroll is small, but our team is big. That’s by design.
Teamwork beats solo efforts every time, but we don’t employ for every need. We hire specialized contractors, whom we consider to be the best in the industry at what they do. Why contract? First, to find the best people no matter where they are. Next, for efficiency and value. Based on cost alone, employing our network of Osbon Capital experts would be impossible. Not only do we get the exact skills we need within each field, but we can pass the benefit of efficiency on to clients.
Who are they?
- Custody: Fidelity. Rule number one: always use an independent custodian. It’s your best anti-Madoff insurance. New clients don’t move assets to Osbon Capital; assets are held by Fidelity. Clients grant us discretionary authority to buy and sell index ETFs on their behalf, but the money never touches our hands.
- Asset allocation and risk management tools: Windham Capital. Windham is a key advisor to endowments and hedge funds, and to us. See our recent article The World According to Windham.
- Compliance: National Regulatory Services. NRS is the recognized leader in compliance for registered investment advisors, assuring that we follow all rules for conduct and disclosure. We love the cops (John used to be one). Superb compliance is a competitive advantage in our business.
- Reporting: Schwab Performance Technologies. SPT turns account data into state-of-the-art performance insight. We can report on any account, anywhere, whether we manage it or not.
- Key-man insurance and disability: In the event of John Osbon’s temporary or permanent absence, we hold a $3M insurance policy, allowing Max to assemble a team of John’s former partners – all Wall Street managing director investment advisors – to provide continued service to clients.
- Tax expertise by referral: FLSV has done our taxes for 15 years. We can introduce clients there, or at other leading firms.
- Estate planning by referral: We have a long relationship with Hemenway & Barnes. Other experts available on request.
Built to last
Forget scalability. We don’t want thousands of accounts. Our all-custom portfolio management approach is about quality, not quantity. We have a cap on how many one-on-one relationships we can and will maintain.
Our family owns 100 percent of the business, and with it, all voting control is in our hands. There’s no employee turnover, no strategy to fatten the firm and sell it, no debt holders or outside shareholders seeking their own enrichment at the expense of clients, no middle management to feed, no commissions or incentive systems to push proprietary products. With this enviable – and intentional – structure, we have the freedom to make decisions that are best for the long-term interest of clients.
We’re proud of the orchestra of specialists we’ve assembled here. We feel it hits all the notes that matter to clients, at ticket prices that make sense.
Max Osbon – firstname.lastname@example.org
This communication may include forward-looking statements. All statements other than statements of historical fact are forward-looking statements (including words such as “believe,” “estimate,” “anticipate,” “may,” “will,” “should,” and “expect”). Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Various factors could cause actual results or performance to differ materially from those discussed in such forward-looking statements.”
“Historical performance is not indicative of future results. The investment return will fluctuate with market conditions.
Past performance is not indicative of any specific investment or future results. Views regarding the economy, securities markets or other specialized areas, like all predictors of future events, cannot be guaranteed to be accurate and may result in economic loss to the investor.
Investment strategies, philosophies, allocations and holdings are subject to change without prior notice.
This communication is intended to provide general information only and should not be construed as an offer of specifically tailored individualized advice.
While the Adviser believes the outside data sources cited to be credible, it has not independently verified the correctness of any of their inputs or calculations and, therefore, does not warranty the accuracy of any third-party sources or information.
Adviser does not endorse the statements, services or performance of any third-party vendor.
Unless stated otherwise, any mention of specific securities or investments is for hypothetical and illustrative purposes only. Adviser’s clients may or may not hold the securities discussed in their portfolios. Adviser makes no representations that any of the securities discussed have been or will be profitable.
Any IPO alerts are purely informational and should not be construed as recommendations to invest.
Adviser is not licensed to provide and does not provide legal, tax or accounting advice to clients. Advice of qualified counsel or accountant should be sought to address any specific situation requiring assistance from such licensed individuals.
Any case studies or hypothetical client profiles are for demonstration purposes only. They illustrate the breadth and depth of the many clients we represent at various life stages. Any similarities to actual Adviser’s clients past or present are strictly coincidental. Individual advice and results will vary based on each client’s circumstances, objectives and prevailing economic conditions.