By Tom Bradley
One of Steadyhand’s key business tenets is co-investment - the practice of investing alongside our clients. We feel there’s no better way to illustrate our commitment to our investment philosophy and business approach, and ultimately our clients, than to put our money where our mouth is ... and be transparent about it.
As we do every year, we’ve updated our numbers as of June 30th and once again I can report that every employee at Steadyhand has a significant portion of their financial assets in our funds. On average the team have 89% of their financial assets invested in the Steadyhand funds, which is unchanged from last year. Clearly, we’re eating our own cooking and not dining out much.
In dollar terms, the team and our families have $34 million in the funds.
We expand on co-investment in a document titled Showing You the Money, which Scott updates each year. Needless to say, we’re all highly motivated to see our clients do well over the long term.