Our Story and Capabilities

Mark Kriss, Macroclimate’s Co-Founder, first became intrigued by portfolio management in 1998, while attending Stanford’s Executive Program in Financial Management. Particularly inspiring was Nobel laureate William F. Sharpe, a lecturer in the program and one of the principal developers of Modern Portfolio Theory.

Macroclimate incorporates such innovations in academic research and captures the cost advantages of institutional investing. It began in 2004 as a family office to better manage proceeds from the sales of Mark’s prior venture companies, and soon expanded to become a multi-family office serving other entrepreneurs and their families as well. Now, through digital technology, we deliver environmentally-responsible, institutional-grade investing experiences to savvy investors anywhere in the U.S.

Members of the Macroclimate team have conducted original research with climate scientists to shape our investment philosophy and continue to provide important sustainability data to other investors.

Both Peter and Mark are members of the Dimensional Sustainability Council, a group of consultants and wealth managers not affiliated with Dimensional working together with Dimensional to research the best ways to provide sustainability investment solutions to investors.

Modern Portfolio Theory, which we broadly adhere to, is the philosophical opposite of traditional stock picking. Combining diverse financial assets in a portfolio can be less risky than putting all your investment eggs in one basket. See: Investment Beliefs

Continuing research in behavioral economics, which combines the methodology of economics with the insights of psychology, also are considered, particularly in assessment of risk preferences, portfolio design, how best to handle liquidity events such as IPOs, and behavioral coaching to improve investor decision-making. This is the core expertise of Peter Kriss Ph.D., Co-Founder, Managing Partner & Chief Investment Officer.

Asset-class mutual funds offer a scientific way to attain diversified portfolios at low cost. Institutional-grade asset class funds from Dimensional Fund Advisors incorporate innovations in finance and academic research.