You have reached the website for Water Street Advisers, Inc. – an Investment Adviser registered in Rhode Island and Massachusetts until December 2017.

This site is currently inactive.  Water Street Advisers has resigned its Advisor registrations and is no longer offering investment advice.  The company has been dissolved and is no longer a Rhode Island corporation.

Any questions or issues you have regarding Water Street should be sent to me – James Charnley – at jamescharnley@wtrstr.com.

Water Street Advisers invested client assets solely as shares of open-ended Investment Companies – mutual funds – under the belief that there will exist at every point in the investment cycle and for every securities market a small cadre of investment managers within this population of Investment Companies engaged in “value investing”.  

The discipline of value investing mitigates market volatility.  Investing through value managers provides a way for investors to enter and persevere in markets providing higher returns while avoiding what would otherwise be an unpalatable investment risk.

Finding these investment managers required a change in the analytics economists had traditionally used to describe the mutual fund market and to justify investment portfolio diversification.  These changes resulted in three patents for business processes to predict the future performance of investment managers and portfolio distribution strategies based on past performance.  

The operation of those processes relied on models developed from a backward-looking analysis of markets prior to 1997.  This backward looking analysis could not initially support a claim of economic merit for these models.  However, their successful utilization – unaltered -- over the last twenty years does provide a body of statistics for claiming their validity as a statement of general financial market mechanics.   When this site reopens it will be to provide the data and analytical background is support of these economic truths.