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harrisassoc.com Scam Check: 100/100 Trust | ScamMinder

Website: harrisassoc.com

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Safety Score

100/100
✓ Safe Website

This website appears legitimate based on AI analysis.

AI Analysis Results

Category: Financial
About this website:

Harris Associates is a well-established global asset manager with a focus on value investing. The company has a long history, dating back to 1976, and has managed money for individuals, institutions, and private equity clients. They are known for their consistent investment philosophies and disciplined research processes. Harris Associates is the investment adviser to the Oakmark family of mutual funds, which is an extension of their value-focused approach to investing. The company's headquarters is in Chicago, Illinois. Key Points: 1. **Established Reputation:** With a history dating back to 1976, Harris Associates has a well-established reputation in the financial industry. 2. **Value Investing Philosophy:** The company is known for its value-focused approach to investing, seeking businesses that are priced at a significant discount to their intrinsic value. 3. **Client Focus:** Harris Associates emphasizes its commitment to client service, alongside its investment results. 4. **Investment Vehicles:** In addition to managing money for individuals and institutions, Harris Associates is the investment adviser to the Oakmark family of mutual funds, offering a range of investment options. 5. **Global Presence:** While based in Chicago, Harris Associates is a global asset manager, reflecting its reach and influence in the investment world. 6. **Long-Term Perspective:** The company's emphasis on long-term value and patience in investing aligns with traditional value investing principles. 7. **Responsible Investing:** Harris Associates has a formalized investment policy around responsible investing, reflecting a commitment to environmental, social, and governance (ESG) considerations. 8. **Diversity and Inclusion:** The company has a diversity and inclusion council, demonstrating a focus on promoting diversity within the organization. 9. **Membership in UN PRI:** Harris Associates is a signatory to the United Nations-supported Principles for Responsible Investment (UN PRI), indicating its commitment to responsible investment practices. 10. **Investment Process:** The company's investment process involves a fundamental, bottom-up idea generation approach, with a focus on in-depth research and analysis. 11. **Collaborative Culture:** The emphasis on collaboration and a healthy organizational culture, as mentioned by a team member, reflects a positive work environment. 12. **Investment Committee:** The rigorous vetting of investment ideas by an experienced investment committee adds a layer of scrutiny to the investment process. 13. **Focus on Intrinsic Value:** The emphasis on estimating the intrinsic value of a business, rather than short-term market price, aligns with traditional value investing principles. 14. **Active Management:** Harris Associates' approach to active management, with a focus on high-conviction investing, sets it apart from passive investment strategies. 15. **Global Asset Manager:** The company's global reach and the breadth of its investment strategies position it as a significant player in the asset management industry. 16. **Natixis Affiliation:** As an affiliate of Natixis Investment Managers, Harris Associates is part of a broader network of specialized investment managers, which can provide additional resources and expertise. It's important to note that while the information provided here is based on the content available on the Harris Associates website, it's always a good practice to conduct thorough due diligence and consider multiple sources of information when evaluating an investment manager or financial institution."

Risk Assessment: safe
📊 Analysis Reasons:
  • Established Reputation, Value Investing Philosophy, Client Focus, Investment Vehicles, Global Presence, Long-Term Perspective, Responsible Investing, Diversity and Inclusion, Membership in UN PRI, Investment Process, Collaborative Culture, Investment Committee, Focus on Intrinsic Value, Active Management, Global Asset Manager, Natixis Affiliation