In 1996, Michael Farr left Alex Brown & Sons to start a new client-focused firm. Michael recognized that the “fiduciary standard,” requiring that the best interest of the client be the legal obligation of the advisor, was the most ethical and responsible approach to meeting client needs. The “suitability standard” still employed at brokerage firms that calls for investment recommendations to be “appropriate” though not necessarily cost effective wasn’t consistent with the highest levels of client care. Shortly thereafter, Elmon “Sunny” Miller, John Washington and Susan Cantus decided to join him to create Farr, Miller & Washington, Investment Counsel.
Michael built this firm around a client-first culture and a fiduciary duty to act solely in the interest of the client. This mindset has helped guide clients through a variety of vastly different markets over the past 20+ years. The future is always uncertain, and emotion is the foe of the long-term investor. Let our team of tenured and credentialed investment professionals build a plan for meeting your needs and achieving your financial goals.