Perspectives

Market Outlook

To allow you to assess our longer track record, we’ve included some pieces that we first authored or co-authored before launching Altar Rock. These are denoted by [*].

Jan 2024

Oct 2023

July 2023

May 2021*

Apr 2021*

Mar 2021*

Feb 2021*

Jan 2021*

Dec 2020*

Nov 2020*

Sept 2020*

May 2020*

GPS for Investing

Read our in-depth thoughts about investing in the long-term for investors, using our GPS to project and navigate a range of potential market outcomes.

What Should Wealth Management Look Like in the Age of AI?

Andrew Barnes opens with an analogy to games of strategy and chance.

Watch Now

Glossary

Sometimes we fall prey to using jargon. To atone, we fill out this work-in-progress lexicon that we view as a community resource.

How We Build Portfolios

Our investment team coached wealth advisors individually or by the dozens to build better client portfolios. Currently all pieces in this section are ones that we authored or co-authored prior to launching Altar Rock. Enjoy!

Common Portfolio Construction Misconceptions

(Fidelity 2019)

Building the Right Team for [your] Client Portfolios

How to Select and Combine Managers and Investment Vehicles (Fidelity 2017)

Rethinking How You Build [Clients'] Equity Portfolios

(With Dirk Hofschire, Investment News, April 9, 2015)

Long-Term Capital Market Return Assumptions

(Co-authored Outlook for Equities and Currencies, JP Morgan 2013)

Seeding the Next Fortunes

(Quoted in Barron's March 4, 2012)

Active Portfolio Management, Grinold & Kahn

(McGraw Hill 1999; Contributed Sections on Neural Nets and Genetic Algorithms, pp 281-284)

Altar Rock LLC is a Registered Investment Adviser. This website is limited to general information regarding Altar Rock’s investment advisory services. Nothing here should be viewed as a substitute for personalized investment advice from Altar Rock — which would begin with a review of the client’s situation, needs, objectives and aspirations — or as tax, legal or accounting advice.

Investments involve risk and are not guaranteed. Different investments involve different types — and varying degrees — of risk. Past performance is not indicative of future performance. Do not assume that future performance of any specific investment, strategy, vehicle or manager referenced directly or indirectly herein will be profitable.

Any charts, graphs, vehicles, managers or strategies shown here are illustrative only, may be altered without notice, and should not be used as the sole basis for any investment decision.

Projections of structural alpha constitute neither actual nor hypothetical performance. They additionally assume the application of investment discipline, stable tax laws and rates, and efficient portfolio construction — none of which, by nature, can be guaranteed.

Altar Rock's investment advisory services are only offered in certain regulatory jurisdictions. If your location is one where we are not permitted to operate, we may decline to serve you.

Table of Fees for Services

Any charts, graphs, vehicles, managers or strategies shown here are illustrative only, may be altered without notice, and should not be used as the sole basis for any investment decision.

Altar Rock's investment advisory services are only offered in certain regulatory jurisdictions. If your location is one where we are not permitted to operate, we may decline to serve you.

Table of Fees for Services

Any charts, graphs, vehicles, managers or strategies shown here are illustrative only, may be altered without notice, and should not be used as the sole basis for any investment decision.

Altar Rock's investment advisory services are only offered in certain regulatory jurisdictions. If your location is one where we are not permitted to operate, we may decline to serve you.

Table of Fees for Services

Any charts, graphs, vehicles, managers or strategies shown here are illustrative only, may be altered without notice, and should not be used as the sole basis for any investment decision.

Altar Rock's investment advisory services are only offered in certain regulatory jurisdictions. If your location is one where we are not permitted to operate, we may decline to serve you.

Table of Fees for Services