Delta Capital Management, LLC
Business Principles

1. Our clients’ interests always come first. Our experience has shown us that if we serve our clients well our own success will follow.
    
2. Our primary assets are our people and our reputation. While a diminishment in the quality of either could be devastating, it is the latter that is the most difficult to restore. We are fully dedicated to complying with the letter and intent of the laws, rules and ethical principles that govern us. Our continued success depends upon answering adherence to this standard.
    
3. We take great pride in the professional quality of our work. We have an uncompromising determination to achieve excellence in everything we undertake. Though we may develop a number of related businesses, we would, if it came to a choice, rather be best than biggest.
    
4. We stress creativity and imagination in all we do. The markets we work in are ever changing and, for that reason, we must constantly strive to find a better solution to portfolio and client problems.
    
5. We will always make an unusual effort to identify and recruit the best person for every job and hold them to the highest ethical standards. Simply put, we know that without the best people, we cannot expect to be the best company.
    
6. The value of teamwork within a company cannot be overstated. While individual creativity is always recognized and encouraged, we have found that a team effort often produces the best results. We have no room for those who put their personal interests ahead of the interests of the firm and its clients.
    
7. We consider our size an asset. Although we’re a boutique advisory firm, our size gives us the ability to be nimble and also provide the top notch, personal service our clients deserve. It’s our goal to become a well-rounded financial services entity. However, we will never put our growth ahead of our clients’ interests.
    
8. We constantly strive to anticipate the rapidly changing needs of the industry and our clients. We will endeavor to develop new services to meet those needs. The world of finance will not stand still and, for that reason, complacency can lead to extinction.
    
9. Because we work with institutional clients, we will gain access to confidential information as part of our normal client relationships. To breach a confidence or to use confidential information improperly or carelessly would be unthinkable.
    
10. Our business is intensely competitive, and we will aggressively seek to expand our client relationships. However, we must always be fair competitors and will never denigrate other firms in the course of furthering our own interests.
     
11. Integrity and honesty lay at the heart of our business. Accordingly, we expect all members of the firm to maintain high ethical standards in everything they do, both in their work and in their personal lives.