Investment Strategy
- Use economic and company fundamentals to make decisions.
- Invest for the long run and avoid short-term, speculative trading.
- Buy companies that are reasonably priced and have growth opportunities.
- Recognize that reward does not equal risk - reward more often is equal to acquiring at low prices, which actually reduces risk.
- Don't lose money.
- Don't forget rule number one.
So, how do my clients and I maintain focus and reduce risk? We start by relying on real data, economic fundamentals and company fundamentals. We do not rely on rumors or the perceived panic of the moment, whether political or economic. And we always invest with a time horizon of at least three to five years, and preferably five to ten years. We avoid speculation at all costs. Why? Because we believe that in the long run the U.S. economy and its companies will grow, and that growth will be reflected in the stock market. Next we look for companies that appear to be reasonably priced and have ample opportunity for their products or services going forward.
Finally, we do not adhere to the worn adage "reward equals risk," wherein the greater the risk the higher the payout. We believe the exact opposite to be true. We think that limiting your risk going into an investment will also limit your future losses and potentially produce higher returns. But to archive that you must be a long term investor, not a trader attempting to capitalize on trends. That's high risk. We are risk averse.
Business Strategy
We manage your money in your best interest.
Fee-Only Advisory Services
Clients receive fee-only investment counseling, and are charged a percentage of the assets under management. A fee-only counselor does not earn commissions thereby eliminating potential adviser-client conflicts of interest. There is no monetary incentive to suggest portfolio changes. Portfolio adjustments occur for the singular purpose of maintaining the client's objectives and risk tolerance.
Focus on Areas of Expertise
Managing money for long-term returns is a full time job requiring focus and discipline. Therefore, three client-specific services are offered: analysis of each client's financial position and goals, investment recommendations that result from the analysis, and timely communication to keep clients well-informed. Any other services would take a secondary position relative to investing, which would not be in the client’s best interest.
Competitive Fee Structure
Focusing on areas of expertise also means there are no underutilized areas of the practice that must be “carried” by other more financially profitable areas. This permits a very competitive fee structure that is asset based and decreases as asset levels increase.
Multi-level Professional Network
Network relationships are formed with the client’s CPA, Estate Attorney and Insurance Adviser. New clients who have not established these professional relationships are referred to appropriate professionals for consideration. Elderly clients who often rely on trusted family members are encouraged to make them part of the investment counseling relationship as well.
Keep the Client Well-Informed
Review the client's portfolio and plan at least annually with the client. Keep the client well-informed in various markets so that she or he is neither drawn into speculation in a rapidly rising market or panic-selling when markets decline sharply, as they often do.
Because success is not a coincidence.
- Fee-Only Advisory Services: Work exclusively for the client to avoiding client conflicts-of-interest.
- Focus on Areas of Expertise: Specialize in a core service.
- Maintain a competitive fee structure.
- Multi-level Professional Network: Work with other professionals in the client’s best interest.
- Keep the client well-informed.
Fee-Only Advisory Services
Clients receive fee-only investment counseling, and are charged a percentage of the assets under management. A fee-only counselor does not earn commissions thereby eliminating potential adviser-client conflicts of interest. There is no monetary incentive to suggest portfolio changes. Portfolio adjustments occur for the singular purpose of maintaining the client's objectives and risk tolerance.
Focus on Areas of Expertise
Managing money for long-term returns is a full time job requiring focus and discipline. Therefore, three client-specific services are offered: analysis of each client's financial position and goals, investment recommendations that result from the analysis, and timely communication to keep clients well-informed. Any other services would take a secondary position relative to investing, which would not be in the client’s best interest.
Competitive Fee Structure
Focusing on areas of expertise also means there are no underutilized areas of the practice that must be “carried” by other more financially profitable areas. This permits a very competitive fee structure that is asset based and decreases as asset levels increase.
Multi-level Professional Network
Network relationships are formed with the client’s CPA, Estate Attorney and Insurance Adviser. New clients who have not established these professional relationships are referred to appropriate professionals for consideration. Elderly clients who often rely on trusted family members are encouraged to make them part of the investment counseling relationship as well.
Keep the Client Well-Informed
Review the client's portfolio and plan at least annually with the client. Keep the client well-informed in various markets so that she or he is neither drawn into speculation in a rapidly rising market or panic-selling when markets decline sharply, as they often do.
Because success is not a coincidence.