Clients and those that know us well expect clarity and transparency in all that we do, especially when it comes to fees. In fact, HIG goes overboard to fully communicate all fees and expenses because every last basis point matters.

In contrast, most of Wall Street uses every means possible…including regulations…to disclose as little as possible, especially when it comes to fees.

Jason Zweig of the Wall Street Journal makes a crystal clear statement in a recent article:

“The first question on most investors’ minds is usually: How much can I make on this? Instead, their first question should always be: How much will this cost me?”

We wholeheartedly concur.
Be on the lookout for and learn about the latest pending legislation that would hide fees from investors here.

If you’re interested in more clarity and transparency in your life, set up a time to talk here.

The Hill perspective is well known. It is our motto and our compass: Take the Long View. Many of our clients and friends of the firm also know our culture. We strive to be warm, caring, thoughtful, serious about our work, and human enough to enjoy it together.

As we grow, an important question stays front and center: how do we continue to deepen both our culture and our perspective at the same time, especially as our team is spread across the country?

Occasionally, we’re given a rare gift: the chance to be together in one place. Last month, nearly our entire nationwide team happened to be in St. Louis at the same time. Recognizing how uncommon that is, we chose to be intentional with the moment and invest it in something meaningful.

When author, artist, and former financial advisor Carl Richards was in town for our event, we extended the experience by taking the team to a once-in-a-lifetime exhibition by German artist Anselm Kiefer at the Saint Louis Art Museum. The visit was arranged by my wife, Jeana, who serves in a volunteer leadership role at the museum. Notably, Jeana and Rex Sinquefield, co-founder of Dimensional Fund Advisors, were among the significant underwriters supporting the exhibition.

Together, we spent time immersed in the work of one of the most important living contemporary artists. Kiefer, who recently turned 80, is known for confronting history, destruction, and renewal on a monumental scale. His work takes the long view. From loss comes rebirth. From devastation, renewal. The physical scale of his art reinforces the message. Some things simply cannot be understood without stepping back and taking them in fully.

It is hard not to see the parallel.

Life is not smooth. Markets are not either. Both move in cycles that include setbacks, uncertainty, and moments that test conviction. Yet over time, periods of decline have been followed by recovery. Often the most meaningful progress comes from staying engaged rather than stepping away when things feel uncomfortable.

Clients often tell us that one of the most valuable things we do is help them stay on the ride. Not because there are guarantees. There are not. But because perspective matters. When you zoom out and look across decades rather than days, the long-term story of investing has been one of resilience and growth.

That perspective is deeply embedded in our culture. It shapes how we invest, how we advise, and how we support clients through both calm and turbulent moments.

Hill Investment Group is only 20 years old, but we are grounded in values and relationships that allow us to do our work with care, humility, and conviction. When we have moments to come together as a team, we try to use them intentionally to reinforce who we are and how we think.

We’re grateful to share this journey with you, and we look forward to continuing the ride together.

Happy Holidays.

Does the following quote sound familiar? Does it sound like a Hill team member? Something from one of these Monthly Journals over the last 20 years? It should, because it’s the foundation of what our clients and we believe about long-term investing success. Not surprisingly, it comes from David Booth, one of the Co-Founders of Dimensional.

Over the years, I’ve had the privilege of meeting and hearing David speak on several occasions. He is a brilliant man who often sounds like a finance professor getting into the esoteric details of high-level math. You’d expect that of a University of Chicago (Booth School of Business…yes, as in David) Ph.D.

And that’s why I absolutely love this piece. David leaves academia behind and speaks from the heart about his investing experience in plain English that a grade-schooler will understand. Yes. A rare thing. It’s an ode to why all people should consider investing in the market, no matter your age or your net worth. And it’s brilliant.

Enjoy and be inspired to introduce someone you love and care about to the world of investing by starting here.

Of course, the Hill team stands ready to help share the power of long-term, evidence-based investing, too. Set up a time to talk here.

Hill Investment Group Partners, LLC (HIG) is an SEC-registered investment adviser. Registration does not imply a certain level of skill or training. The information in this publication is for educational and informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any specific securities, investments, or investment strategies. Nothing contained herein should be construed as individualized investment, tax, or financial advice. Always consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed.

Investments involve risk, including the possible loss of principal. Past performance is not indicative of future results. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Future returns may differ significantly from past returns due to market and economic conditions, among other factors.