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BMC Operating Principles
- Clients should have direct access to experienced, professional investors; not advisors who act as mere conduits for other departments within monolithic institutions.
- Managers should be familiar with a broad spectrum of assets and investment strategies, not narrow specialists who primarily focus on stocks or bonds.
- Investors should feel confident the people managing their assets are “eating their own cooking”. The same investment process and investment alternatives should apply to both founders and clients. Clients need not wonder whether the advice they receive from their wealth manager is consistent with the manager’s own behavior.
- There are times when preservation of capital should be prioritized over the pursuit of aggressive returns.
The BMC multi-family office was designed and built to manage the complex estates of discriminating investors. Our Founding Clients were founders and senior partners of a global multi-strategy hedge fund, with over a century of collective investment experience. After more than twenty years in alternative asset management, they considered retirement options but struggled to find credible wealth management alternatives that provided access to the talent, research, financing, deal flow, and professional investment tools to which they had grown accustomed. Worse yet, they found the broader wealth management industry suffered from a pronounced lack of independence and alignment of interests. The solution – empower a team of experienced, trusted hedge fund investors and risk managers to build a family office platform designed to better serve their families, channeling years of collective experience and leveraging economies of scale to address competitors’ shortcomings at a reasonable cost.
Black Maple was founded on the principles of transparency and alignment of interests. Black Maple does not simply pass along other people’s recommendations; we communicate the actions we are taking with our own capital and provide tools, guidance, institutional access, and investment products to help you fulfill your long-term financial objectives.