Investment Philosophy

We are value investors. Each account is individually managed and we tailor the components of each account to the risk profile of our client. Our clients know their portfolio manager and are able to discuss their accounts with their manager at any time.

We invest in securities traded on U.S. securities exchanges. These exchanges give our clients access to a huge number of securities covering thousands of domestic and international companies. The exchanges make available to our clients many asset classes, from traditional stocks and bonds, to real estate of all types and even commodities like oil and gold.

We value companies using management performance and interest rates as components of the valuation process. We then compare those values with current stock prices. When we find a company selling for less than what we believe to be its value, we investigate further. Only a few of these "undervalued" companies survive our investigation, but when they do we purchase and place them in accounts for which they are appropriate.

When we enter the debt markets for our clients, we focus on U.S. treasuries or investment grade bonds. In accounts where they are appropriate, we place high yield bonds only via exchange traded funds that reduce credit and geographical risk through diversification.

Each portfolio is tailored to the risk profile developed with each client when they join us. Accounts are constantly monitored for conformance with the risk profile, and in light of any changes that may affect the client's financial circumstances.  Portfolio asset allocations will be changed to reflect current market conditions.   Clients know their portfolio manager and are encouraged to contact the manager at any time with any questions they may have.