Independent since 2004, built on the endowment model.
The founders left Wall Street to manage family wealth independently. Since 2004, Yale Capital has been answerable only to the families it serves.
Where the discipline comes from
Cheyne spent five years in the Goldman Sachs Equities Division and five more
advising families at Merrill Lynch Private Advisory. At Yale, where he earned his
MBA, he studied under Roger Ibbotson and absorbed the investment principles David
Swensen built the modern endowment on: broad diversification, long horizons, and
honesty about what everything costs after tax. He founded Yale Capital to manage
family money the way the best endowments manage institutional money.
Independent then, independent now
Much of our industry has spent the last decade selling itself to
consolidators and private equity. We have not. Yale Capital remains independent
and privately held: one office, one senior team, and a 5-to-1 family-to-employee
ratio. Families who joined us in 2004 still call the same people.
Who we serve today
Most of our families came to us before or after the sale of a business. Others hold large concentrated stock positions, manage wealth that now spans generations, or operate a family office and engage us as outsourced chief investment officer.
Twenty years in, we still take the first meeting ourselves.