Katie Hall, founder of Hall Capital Partners, explains the firm's shared ownership model and employee compensation structure to Ted Seides.
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“We don't pay people for client acquisition because we view that as something that the entire firm is responsible for”
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More from Katie Hall
Opinion
Katie Hall: ESG-Focused Portfolios Match Broad Market Expected Returns
“Global multi-asset class portfolios that are really We think have the same expected return as a more broad based, if you will.”
Katie HallSep 13, 2021▶ 39:39Katie Hall – Hall Capital Partners (Capital Allocators, EP.213)
Disclosure
Hall Capital Halted Private Energy Fund Commitments Around 2017
“We probably stopped investing in making commitments to private energy funds now probably, I don't know, four-ish years ago, and we didn't stop because we thought they were inherently bad, but we stopped because the price deck became so much more uncertain on f…”
Katie HallSep 13, 2021▶ 40:40Katie Hall – Hall Capital Partners (Capital Allocators, EP.213)
Insight
Katie Hall: Wealth Advisory Services Are Bought, Not Sold Through Persuasion
“I mean, I always said that we were essentially a business that was absolutely bought, not sold, because I don't believe you can convince somebody about the merits of a diversified portfolio if they don't want a diversified portfolio.”
Katie HallSep 13, 2021▶ 11:29Katie Hall – Hall Capital Partners (Capital Allocators, EP.213)
Insight
Katie Hall: Diversify Across Asset Classes, Maximize Concentration Within Them
“Long-term diversified portfolio is the winning hand in most cases, and we believe within asset classes that it makes sense to have as much concentration as is tolerable, that you're really getting the diversification across the asset classes primarily as well …”
Katie HallSep 13, 2021▶ 21:03Katie Hall – Hall Capital Partners (Capital Allocators, EP.213)
Insight
Katie Hall: Active Managers Must Be Concentrated to Avoid Closet Indexing
“There's not any one answer, but in general, we think if you're going to be investing in a way that is an active manager, you need to be different than an index. So you don't end up with just an expensive index. And the way that you most frequently get there is…”
Katie HallSep 13, 2021▶ 24:49Katie Hall – Hall Capital Partners (Capital Allocators, EP.213)
Insight
Katie Hall: Allocators Should Systematically Trim Winners Over Binary All-Or-Nothing Calls
“And it's really the discipline to keep trimming back as opposed to necessarily feeling these make the all the way in or all the way out call. But maintaining that disability of trimming back is really what you have to do.”
Katie HallSep 13, 2021▶ 35:23Katie Hall – Hall Capital Partners (Capital Allocators, EP.213)
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