Risk Management Investment Philosophy

Institutional Investing

Feinberg Stein Risk Management

We Control the Risk and Do Not Let the Markets Control Us


We do not force an allocation. If there is an opportunity in fixed income and rates are high, we focus on bonds. If liquidity is ample, we position ourselves to sectors, industries, and companies likely to benefit in a growth cycle.

Feinberg Stein Investing Opportunities

We Take Advantage of the Opportunities


We strive to be proactive and evaluate risk from all angles: equity trends, bond movements, geopolitical developments, demographic shifts, emerging technologies, and historical data analysis. Utilizing our resources and leveraging our technologies to bring actionable insights.

feinberg stein protect your assets

We Avoid a Permanent Impairment of Capital


Our primary goal is to protect your assets. By evaluating, managing, and controlling our risk and not letting markets control us while minimizing risk and maximizing returns by taking advantage of the market’s opportunities, we nimbly position ourselves to help protect and grow your assets.

Risk Management Principles

Our risk management investment philosophy is built on three principles:


We believe liquidity measures in various systems on both macro and micro levels are cruxes for economic fruition or demise. Understanding and watching for tightening and loosening monetary policy guides our risk policy and allows us to invest prudently in the economic environment.

Utilizing our research, knowledge, and experience, we assess risks in the systems and avoid major impairment of principal while finding opportunities for growth.

Identifying trends allows us to quantify approaching risk. Shifting quickly to a risk-off in higher risk premia environments or to a risk-on approach when the economy has enough fuel (liquidity) to drive valuations of assets upward.

A relationship with Feinberg Stein begins with a conversation.

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Hightower Advisors, LLC is a SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Some investment professionals may also be registered with Hightower Securities, LLC and offer securities through Hightower Securities, LLC, member FINRA/SIPC. You can check the background of our firm and investment professionals on brokercheck.finra.org. Unless otherwise indicated relative to a specific award or ranking, Hightower Advisors, LLC does not pay a fee to be considered for any ranking or recognition, but may have paid to publicize rankings obtained and disseminated prior to 11.4.2022. All awards / rankings / ratings obtained and distributed on or after 11.4.2022 will be accompanied by specific disclosure as applicable.

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