Frontier

Bob I understand why you are using Frontier:

1. They have one philosophy that is built around a dynamic downside protection focusing on allowing client’s to lose less to gain more over time.
2. This philosophy also does a great job of addressing client’s behavioral downsides of doing something in volatile markets.

Symmetry is different in that we:

1. We use an evidence-based philosophy to try to out preform the market, by being patient and staying invested for the long term clients can achieve their long term goals.
2. By providing a rules base approach to our portfolio construction, it allows advisors to simple explain why they are using Symmetry with their clients.

Bob I think the key here is not which philosophy is better than the other but how they complement each other.  By pairing two mangers one with down side protection and one that will stay invested in the market you can enhance your clients investment experience.  If clients have a better experience, they will stay invested and capture the returns in the market to help them achieve their long terms goals.