Interested in a financial firm based on generosity, servant leadership and living inspiring values in place of greed, fame and accruing power? Meet Bridgeway Capital Management, who has been one of AMCA’s Legacy Clients since 2010. Bridgeway was founded by John Montgomery in 1993, and is based in Houston, Texas. The firm applies a highly disciplined, purely quantitative approach to money management across a wide range of domestic equity categories. Bridgeway is distinguished by its culture, which features a non-hierarchical organization that stresses process and results over titles and status; adherence to the principles of stewardship as demonstrated by their avoidance of soft dollar arrangements; and a commitment to service reflected in the donation of 50% of investment advisory fee profits to charitable and non-profit organizations. Their commitment to service and a bold dream to end genocide on the planet is the inspiration for this blog about their recent service trip to El Salvador.
WHY Bridgeway Capital Management Encourages and Supports Partners Making Service Trips to El Salvador to Dig Water Wells
By Michele Camp, Partner
Investment Operations Team, Bridgeway Capital Management
Question: What do you get when you send 7 financially minded
Our day started with a devotion and a time of worship followed by a hearty breakfast prepared by one of the ladies with LWI. We then gathered our tools and loaded the truck, working up a nice sweat before climbing into a mosquito infested van. We quickly opened every window to avoid the ill fate of Malaria (there was maybe one of us who thought it would be a good idea to take Malaria pills before the trip, the rest of us decided to test our luck) and before we knew it, we were on our way. As we arrived, we drove past the school which was right next to the church where we were drilling. The kids were usually outside playing and they would stop what they were doing, run to the fence, watch and wave as we drove by. When we arrived at the church, we were promptly greeted by some of the ladies of El Mango, giving us the biggest hugs I’ve ever received. They greeted us in Spanish saying how glad they were to have us. Una problema. Yo no comprendo Espanol. I entertained myself by thinking they were complimenting me and my super fashionable drilling outfit consisting of fishing pants that were four sizes too big, a Fruit of the Loom v-neck undershirt from a little boutique called Target, topped off by my super clunky work boots/rain boots (it’s debatable whether they were actually work boots or rain boots. They felt like unwanted leg weights to me.). I knew they were saying nice things, but somehow I doubt it was to the extent I was flattering myself. I was assuming goodwill, right?
Throughout the day, a crowd would gather to watch us work tirelessly as we fumbled with our tools, got into water fights, and took breaks because, did I mention the heat and humidity of a tropical climate and the fact that we’re use to desk work, not manual labor? While we worked, a few of the ladies in the community spent the morning preparing a feast that put my grandmother’s Thanksgiving lunch to shame. And this wasn’t just one day, but every day. They graciously served us all they had to offer, having spent days before our arrival preparing chicken and harvesting fruits and vegetables to serve meals that were considered a rare and special delicacy to them.
The days flew by and I was astounded by how much we were able to accomplish in such a short amount of time, although my muscles would tell you otherwise. The well was about 90 ft deep and we amazingly struck water on the first day! In fact, we were so far ahead of schedule that we spent a day helping on a different well that was 220 ft deep. Our final day was spent putting the finishing touches on the well and participating in a dedication ceremony with the community; giving thanks for access to the water God provided for them. It was such a joyous day of celebration and excitement – I was overwhelmed with happiness seeing them pump fresh, clean water for the first time. They were so grateful and so thankful. When the festivities were over, we loaded up the truck, took a few last pictures, piled in the van and waved goodbye to our new amigos one last time.
Reflecting on the trip, I’m amazed by how my heart changed. I originally went
So why did we go? Why would a firm of only 30 people send 7 away for a week to drill a water well? Part of Bridgeway’s vision statement states, “Partners effecting extraordinary community and world change.” It’s who we are and what we’re about– it’s engrained in our culture. For a week in May, a group of 7 literally lived into our vision statement and effected extraordinary community and world change for El Mango. But it took more than the 7 of us. We left behind our families and our fellow Partners who gladly and graciously gave of themselves so that we could be gone for a week. And when I say gone, I mean incommunicado. No cell phone, no email, no internet. Nada. Even though they weren’t there physically, their love and support were equally as important and such a necessary and vital component to our trip. It was unifying, not just for the people who went to El Salvador, but for everyone involved. As James beautifully stated, “stepping out of yourself brings out a whole new energy.”. It does and it did, for everyone at Bridgeway. We came back with a renewed passion for our vision statement realizing that the higher we performed at our job, the better our company would be which would hopefully lead to more profits and more importantly, greater giving. The small community of El Mango is a perfect example of the BIG difference 30 people can make.