FIND TIME AND ENERGY,
About Two Point Capital Management
Two Point Capital is a true investment management firm. We are experts at evaluating and understanding risk of all kinds, and at developing the insight that leads to discovering hidden opportunities.
Your money is managed by experts
Your portfolio manager is a Chartered Financial Analyst (CFA) with rigorous training and real-world expertise in economics, business, and financial markets.
We perform our own research and make our own decisions about the individual stocks and bonds in your portfolio.
Here are just a few of the factors we evaluate as critical to making investment decisions:
- The risks that companies face (industry, competition, technology)
- The risks inherent in individual stocks and bonds (Overvalued? Undervalued? Liquidity? Investor darling or out of favor?)
- Present and future risks to the overall economy (Stable? Sustainable? Imbalanced? Overheated?)
- The risks of the broader financial markets (Overvalued markets? Overleveraged banks?)
There are no middlemen between you and the people who assess and understand the risk of every individual stock and bond in your portfolio. Your relationship is with us. We think you’ve worked hard enough for your money to deserve that. Get to know us.
You know how your money is being managed
We have developed a defined investment approach, Value+Quality™ over 30 years. We are extremely disciplined in following this approach. This makes it possible for you to understand and commit to a long-term investment strategy that makes sense to you. We don’t fly blind and neither will you.
We are a values-based firm, we do what’s right
We’ve worked for other companies. There are plenty of skilled and expert money managers in the world. But company founder Jack McGowan started his own company because he wanted not just to do it well, but to do it differently.
These are the Two Point Capital values, we live them every day. They don’t make us right for every client, but they are what makes us passionate about our work—which is good for clients—and they help us sleep well at night, too.
– Jack McGowan
- Put the interests of the clients before everything.
- Be present, open and honest at all times and in all interactions.
- Always produce excellence, individually and collectively.
- Operate on the premise that ‘we are all in this together,’ understanding that we only succeed in our mission as a team.
- Live and work with integrity.
- Seek out information, insight and understanding.
- Take pride in the quality of our work.
You can control your risk
We offer customized investment strategies and levels of risk depending on what you’re trying to achieve, the timeframe you have to save and invest, and the amount of risk that lets you sleep comfortably at night and live a richer life during the day.
You can see what we’ve accomplished so far
We have an audited track record spanning 16 years, so even though the next year will be different, you can have a sense of our performance over time. We are open and transparent.
Your money is held by a third-party custodian, for safety
Your funds are on deposit with a custodial institution (such as Fidelity or Vanguard). We have no authority to do anything with them except invest them, and we don’t invest them in non-liquid vehicles. The custodian provides you with monthly statements and easy visibility into your investments. You don’t have to worry that we are your next Bernie Madoff nightmare.
Our fees are fair, and simple, and never exceed 1% of your portfolio
We charge a 1% management fee on assets up to $1 million, and offer lower fees for portfolios that exceed $1 million. This may be in sharp contrast to what you are paying now.
Custodians charge trading fees for the sale or purchase of stocks and bonds. No part of these trading fees goes to Two Point and we work to minimize them for our clients to the extent possible.
So, how does all of this make us different?
Well, it all depends on what you’re doing now. Do you have a financial planner or broker, are you working with another true investment firm, or are you managing your own money?
Do you have a guy?
Most people, unless they grew up wealthy or hang around exclusively with the 1% or have had the good luck to stumble upon a true investment management firm, manage their investments through one of the sales-based approaches.
Generally speaking a planner, a broker, or a big-box company will sell you an investment package that includes a number of mutual funds, or mutual funds + a mix of commodities (gold, silver, pork bellies) and/or real estate investment trusts (REITs).
Often, the planner, broker or financial rep with whom you have a relationship (generally referred to as “my guy”) doesn’t have formal expertise in making investment decisions. He or she has experience in selling product that someone else has created. Sometimes the someone else is within the same firm, but not always.
Planning is not investing: “My guy” may be a certified financial planner, which means he can be helpful in telling you how much to save for college and how much to invest. Unless he or she is also an investment advisor, he won’t be trained in analyzing risk within individual stocks or bonds.
(Planning can be helpful, though. We often recommend that clients consult with a financial planner who works on a fee-only basis, which means they are not incentivized to sell specific financial products.)
Do you know his strategy? “My guy” may know the overall strategy for each “family of funds” (oh, that’s growth) but won’t know much if anything about the individual investments. After all, there may be hundreds of stocks and bonds within each fund.
Audited results? “My guy” will most likely not be able to show you an audited record of past performance for his or her clients. He can tell you how each of the hundreds of mutual funds performed, but you’re not buying any or all of them and you don’t really know how they’re managed.
Do you know how much you’re paying? “My guy” is most likely charging you something in addition to the fees you’re paying inside the funds you own. . Sometimes the fees are wrapped up in every layer of engagement – the planner has a fee, the broker has a fee, the mutual fund company has a fee, and sometimes there’s a fee that wraps around all of that. We have seen these fees amount to 4 or 5%, often without the client knowing how high they are in total.
Are you benefiting from true investment management at another firm?
Approach: We are distinguished from our true competitors by our Value+Quality approach. It was developed here at Two Point Capital, and has been honed over many years. We believe it provides performance and stability in good markets and not-so-good markets.
Values: Our values drive our culture, and we believe you will discover that to be true in the way that you are treated at Two Point, with respect. We take the time to be sure that you are comfortable with our strategy, that you have worked through your own goals, and that you trust us as your financial partner. Values are a hard thing to prove, but we are happy to put you in touch with existing clients who have seen us in action. We’re forming long-term relationships with long-term investors.
All In This Together: Finally, we invest our own personal funds exactly as we invest yours. What’s good for us is good for you and vice versa. We are all in.
Are you managing your own money?
If you are and you love doing it, good for you! Who could you possibly trust more than yourself? But if you’re doing it well, you know it takes substantial effort and expertise—not to mention experience, imagination, and creativity. All of which can take some time.
If you’d like to recapture some of that time—for working, sailing, skiing, tango, saving the world, or just living your life—we think you’ll find Two Point Capital to be the next best thing—since you.