Private Wealth Management

Building a family fortune is a tremendous accomplishment.
Managing that fortune for the benefit of future generations is another challenge altogether.

Our firm follows two guiding principles: excellent client service and a long
term, goal oriented view of investing that avoids speculation and resists fads.

Thought Leadership

“Uncommon Perception”

A message from Robert Kleinschmidt, CEO of Tocqueville Asset Management L.P.

History is a gallery of pictures in which there are few originals and many copies.

Alexis de Tocqueville

A Golden Mulligan

Few would dispute that the twelve-year (and still counting) bull market in gold has been the opportunity of this investment lifetime. Even fewer have participated. From its twenty-year bear market low in August of 1999, bullion has appreciated more than seven fold. That works out to a $US compound return of 18.0% compared to 0.7% ...

Caveat Emptor

Buyer beware: ETF’s may not be what they appear Exchange Traded Funds (ETF’s) have been all the rage the past few years as money has flowed out of actively managed portfolios and into investment vehicles that mirror various indices. After all, portfolio managers rarely outperform the broader stock indices and the overwhelming majority of actively ...

Gold, Gold Mining Shares, and QE

The protracted correction in gold and precious metals stocks that began in September 2011 appears to have ended.  Our conclusion is based on historically reliable gauges of sentiment, valuation and technical factors.  (We will publish the specific readings on these gauges with our second quarter investment letter on June 30.) This basing, in our view, ...


History is a gallery of pictures in which there are few originals and many copies.

Alexis de Tocqueville

Contact Us

Private Wealth Management

Julia Hathaway

Institutional Services

Joseph A. Zock

Business Development - Vero Beach

George Cooke





Mutual Funds

You are about to leave the Private Wealth Management section of the website. The link you have accessed is provided for informational purposes only and should not be considered a solicitation to become a shareholder of or invest in the Tocqueville Trust Mutual Funds. Please consider the investment objectives, risks, and charges and expenses of any Mutual Fund carefully before investing. The prospectus contains this and other information about the Funds. You may obtain a free prospectus by downloading a copy from the Mutual Fund section of the website, by contacting an authorized broker/dealer, or by calling 1-800-697-3863.Please read the prospectus carefully before you invest. By accepting you will be leaving the Private Wealth Management section of the website.