According to CNBC, Charlie Clapp, co-chair of Howland Capital Management, said the firm’s success is built on long-term relationships, disciplined planning and a family-office model that serves more than 400 families, foundations and small institutions. Howland Capital Management, founded in Boston in 1967, ranked No. 1 on CNBC's Financial Advisor 100 for 2026 after placing No. 7 in 2025, and it now oversees $4 billion across more than 500 accounts. Clapp said about 65% of client assets are held in trusts, and he said the firm favors dependable cash-flow investments, avoids highly leveraged companies and floating-rate debt, and uses appreciated stock donations as part of what he called the economics of philanthropy. He also said the S&P 500 has swung 33% on average between its highest and lowest closes in a year, and noted that the index was up nearly 14% year to date as of market close on Oct. 7.