Portfolio Management

Equity management

As the guardian of our clients’ assets, our portfolios are structured and managed on an individual basis. Our investments range in scope and breadth to include shares of high quality, small, lesser-known firms as well as stocks of widely recognized companies. We seek out stocks of U.S. and international companies of fundamental quality, defined as strong management, a solid financial structure and favorable business prospects.

In the equity market, we purchase stocks with a potential for capital appreciation that we believe is well above average. Generally, these are stocks that appear to be temporarily undervalued due to inefficiencies in the marketplace. We firmly believe that equity ownership of successful businesses provides an opportunity to achieve long-term growth while preserving real capital. Our clients are encouraged to maintain a continuing dialogue with the firm’s principals about their financial needs and objectives.

Fixed Income Management

Our fixed income investment objective is to reduce principal risk and generate stable income. Each portfolio is tailored to meet the specific needs of each client. Depending on these requirements and market conditions, the portfolio may include U.S. government, municipal, and corporate bonds. Our focus is on investment grade bonds with strong credit quality. Our decisions are guided by credit analysis, yield curve analysis and economic research which forms our general outlook toward bonds and interest rates.