We are launching a podcast in the near-future, the landscaping is coming along nicely, and we continue making progress on transitioning to a more traditional design aesthetic as we buy up antique furniture on the secondary market.
After a long search, we have selected New Albany, Ohio as our personal and business headquarters with all operations shifting in 2024. If you haven’t heard of New Albany, yet, you will. Sooner rather than later. Over the coming years, it will be home to one of the largest microchip manufacturing facilities on the planet.
In recent weeks, Aaron and I have come to realize our life is in the middle of another major transition; one so large and transformative that we have come to call it the “Second Founding” as a shorthand to describe the complete overall that is in the midst of unfolding. It’s quick. It’s efficient. We both know what we mean when we say it. In a sense, it feels very much not like we are starting another chapter, but, rather, another book.
Fueled by a combination of reinvested profits (realized and unrealized gains, dividends, and interest), net client contributions, and new private client relationships, our wealth management business has recently found itself entrusted with more than $105 million in capital. This growth, combined with having a new baby and my desire to be able to walk to work in a matter of minutes, has resulted in an acceleration of our plans. Therefore, effective September 1st, 2021, Kennon-Green & Co. will be headquartered at one of the most beautiful buildings in the United States.
As I write this message, it is January 2nd, 2021. Today marks the second day of the new year, the thirteenth day since the start of winter, and the 13,987th day of my life. The holiday weekend afforded me something I haven’t had in a long time: a moment of respite as much of the world shut down for celebration. Well-rested, I’m ready to jump into the New Year. Here is an inside look at some of the things going on in our home and business as we gear up for a post-pandemic world.
Given that so many of our family and friends can’t travel to see us during this pandemic, Aaron and I wanted to share an early access glimpse into our asset management firm’s new home. It’s not the same as seeing it in person but it should at least give you an idea of where we will be spending a lot of our time in the coming years as we allocate capital and scale operations.
I’ve always been introspective. Over the past year, though, I find that I am spending more time examining my life so far; re-evaluating decisions, trying to gain additional insight from my experiences, and really being honest about what I want for the rest of the time I’ve been gifted. I think there several reasons for this.
Yesterday, Aaron and I completed the annual regulatory paperwork for Kennon-Green & Co. It made us reflect on our lives and careers over the past few years.
After being away for more than a month, I wanted to give you a behind-the-scenes look at where we are in launching the asset management business.
A few of you have expressed interest in the behind-the-scenes process of launching the global asset management business Aaron and I are establishing to provide a mechanism to take on outside funds alongside our own; a natural extension of what we’ve been doing for so many years privately…
