Beck, Mack & Oliver LLC

Established in 1931, Beck, Mack & Oliver LLC is an independent, partner-owned investment management firm headquartered in New York City. The firm specializes in providing investment counsel and portfolio management services, focusing on preserving and growing the purchasing power of client capital. With assets under management exceeding $4.5 billion, Beck, Mack & Oliver employs a long-term, low-turnover, value-oriented strategy in domestic equities, complemented by fixed income and cash management capabilities.

The firm's investment approach centers on identifying fundamentally attractive businesses with strong long-term prospects, managed by exceptional stewards. They seek opportunities where such businesses trade significantly below their intrinsic value, aiming to act when these conditions are met. The investment committee rigorously debates each potential investment based on proprietary research, ensuring a disciplined and thorough evaluation process.

As an SEC-registered investment adviser, Beck, Mack & Oliver operates without affiliation to any financial institution, maintaining its independence and commitment to fiduciary responsibility. The firm's team comprises 21 employees, including seven portfolio managers with approximately 200 years of collective investing experience, all independently owned by six partners. This structure enables the firm to provide personalized and dedicated service to its clients, often spanning multiple generations.