Our focus is finding opportunity that may have been overlooked by the broader market, while balancing risk and return over a market cycle. 

Equity

Our process focuses on securities encompassing the major capitalization classes with a strong preference for large capitalization securities. We believe strongly that companies with sound business models, solid financial positions and demonstrated earnings growth offer the most potential for long-term realistic price appreciation over a normal holding period. In addition to capital appreciation potential for equity holdings, we favor companies that return capital to shareholders through consistent dividend programs. Current dividend yield is important but consideration must be given to a company’s ability to grow dividends in the future. As such, we may, at times, own non-dividend paying equity securities. Risk is managed using our equity selection process as well as through building a broadly diversified set of holdings.

Fixed Income

Security selection is based on, among other things, the market term structure, current income needs and the overall price sensitivity of each security to changes in interest rates. We assess the tax needs of each client and where appropriate, tax-free municipal bonds are used for fixed income exposure.  Alternatively, a combination of government and corporate debt may be utilized to build out a diversified portfolio.  As noted, our goal is to balance the risk and return elements of each security and align the overall portfolio structure to meet client’s stated goals and objectives.