Humankind innovates faster than we can solve the problems our innovations create. Wall Street is a case in point. What started with simple barter between individuals who produced goods each other wanted, evolved into trading shells, beads, commodities, coins, trade bills and so on ad nauseum. The Wall Street product machine that now exists creates products faster than risk managers and regulators can control them. We know this too well from the recent credit crisis and current history being made in Europe. Financial innovation has created some obvious and other nearly imperceptible distortions in the money management industry that we believe are fundamentally destructive to the principles of wealth preservation and growth. In this sense, Rain Capital Management represents a step forward from the ‘modern’ wealth management industry.