Enduring Wealth Advisors

Enduring Wealth Partners is an independent investment manager that also serves as a multi-family office for many of its families. Eric Holt, William Jennings, and Steve Fraser form the core of Enduring Wealth Partners. They met as members of the United States Air Force Academy faculty where they collaborated to design the Academy's finance and inve... stments courses. The curriculum was built on the principles that markets are efficient and that investors are better off using passive, lower-cost strategies in their portfolios. Since their time teaching together, they have worked with some of the wealthiest families in the country, served on investment committees for billion-dollar pensions, and published powerful research in leading journals. The Enduring Wealth Team has seen the best (and worst) Wall Street has to offer and built the firm on this experience. Many money managers put their faith in the belief that their analysts can identify mispriced securities in an effort to outperform a benchmark. This is commonly referred to as the conventional approach or active management. Unfortunately for clients, active management is expensive, and these high costs (fees and taxes) create meaningful challenges for investorsthe higher the cost, the bigger the challenge. Managers occasionally deliver exceptional performance but very few do so on a consistent basis and even fewer do so when the impact of taxes is considered. Active management is based on the hope of outperformance. At Enduring Wealth Partners, we don't rely on hope, we rely on data. We are not universally opposed to active management; we just haven't seen any evidence that justifies the use of higher-cost, less tax-efficient portfolios in the majority of asset classes. The data suggests the mix of investments within the portfolio is the most important determinant of success; this is known as asset allocation. We have leveraged our experience working with affluent families and large institutions to develop an innovative asset allocation process we call ...Read More