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We use large-, mid-, and small-cap investments on the value and growth side of the spectrum in both domestic and international markets. We manage individual equities in the form of portfolios of 20-25 stocks with fairly narrow selling limits. Each portfolio has a different objective ranging from large, slow growth dividend paying stocks to smaller, faster growing companies. To complement these areas, we seek managers who have extensive experience in their area of expertise and management styles that remain true to their investment objectives and equity quadrant. We seek to achieve long-term investment returns, consistent with each client’s needs, objectives, and risk tolerance.
Our primary objective is stability of principal; secondarily to attain current income. Typically portfolios are constructed with high quality government, government agency, corporate, and municipal bonds.
Our goal is to add asset classes that are not correlated to traditional stock, bond, and cash allocations to diversify portfolios; potentially lowering volatility and risk exposure.
The stock, bond, alternative, and cash asset allocation is crucial in attaining client objectives. Allocation is the basis of determining volatility and long-term rates of return. Detailed on-going discussion is necessary to determine the appropriate allocation for each client. Changes in the investment markets will require reallocation to agreed percentages. Reallocation occurs approximately every twelve months or as necessary based on market performance and the economic environment.
No strategy assures success or protects against loss. Investing involves risk including loss of principal. Asset allocation does not ensure a profit or protect against a loss. The payment of dividends is not guaranteed. Companies may reduce or eliminate the payment of dividends at any given time.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.