Is the due diligence process the same when hiring a stock picker for Litman Gregory Masters Funds as it is when selecting a third-party fund Litman Gregory’s affiliates use in client portfolios?

While the basic due diligence process is the same, we will additionally assess the stock picker’s comfort with running a concentrated portfolio and their enthusiasm for being part of Litman Gregory Masters Funds. Our selection criteria for hiring Litman Gregory Masters Funds sub-advisors are the most demanding.