Delphi Management is an investment management firm located in Boston, Massachusetts. Founded in 1980 by Scott M. Black, Delphi is a nationally-recognized leader in value investing. The firm seeks to generate solid, consistent returns for its clients by following a rigorous, bottom-up, fundamentals-oriented investment strategy. Delphi offers two products: 1) The All-Capitalization product which invests in businesses that meet Delphi's strict quantitative and qualitative criteria regardless of market capitalization. The median market cap at cost for this product is $11.6 billion. 2) The Small/Mid-Capitalization product, which applies the same criteria as above, but with an emphasis on companies with market capitalizations below the high end of the Russell 2500 Value Index. The median market cap at cost for this product is $2.6 billion. Delphi Management is a Registered Investment Adviser (RIA).