There are certain topics that are crucial for investors to fully understand. Attached is a shortpaper I authored, Evaluating Investment Firms, that covers some of the fundamental topics any investor should consider before hiring an individual or firm as a steward for their hard earned assets, either in part or in total. I find that most private investors have no evaluation framework whatsoever, and for those who do, their framework leaves much out. I created the framework discussed in this paper as an insider in the investment business and one who knows a bit about “where the bodies are buried,” so it covers a considerable amount and helps the reader ask tough and important questions of those being evaluated.
Also, this is the framework I used when creating the Frontier Advisors business model, so you can be sure that my firm has good answers to everything raised in this shortpaper (feel free to ask!).