Missoula investment company Front Street Capital Management finds success in companies that empower workers

"We think living and working in Missoula gives us an advantage over the thousands of other mutual funds, since we are less apt to be influenced by the crazy swings and sensitivities of Wall Street. We just stay focused on the quality of the culture of our companies, and we use volatile stock price swings to our advantage to buy our great companies at great prices." Jeremy Brown

A Missoula investment advising company has found success by investing in companies that empower employees to make decisions without fear of punishment by their managers while fostering a culture of cooperation.

Front Street Capital Management https://www.frontstreetcap.com/ in Missoula created the Tarkio Fund, a mutual fund which now holds $95 million worth of investor money. It recently was rated the top mid-cap core fund (a fund that invests in mid-sized companies with market capitalizations generally between $2 billion and $20 billion) in the nation by the Wall Street Journal, out of 948 mid-cap funds in the past 12 months. And out of 6,361 U.S. mutual funds categorized as either small-cap, mid-cap or multi-cap, Tarkio ranked sixth. Those types of rankings by the Wall Street Journal usually are reserved for huge, well-known wealth management firms in large cities on either coast, so for a Missoula company with five employees it’s a pretty big deal. The rankings mean the fund has been good for its investors, financially, but it also means their money is being invested in companies that treat their employees well.

DAVID ERICKSON [email protected]

http://missoulian.com/business/missoula-investment-company-finds-success-in-companies-that-empower-workers/article_a3889872-c1f6-5184-972e-c3aee8f7bfb8.html