Investment Management

We manage investments for individuals, families, and institutions. Our time-tested investment strategies are offered to clients through separately managed accounts.

We offer the following actively managed investment portfolios:

Globally Diversified Mutual Fund Portfolios

Minimum investment = $250,000

Our mutual fund portfolios assist our clients in achieving their financial goals by investing in a diversified portfolio of no-load stock and bond mutual funds.  We provide six mutual fund strategies, each targeting a different level of downside risk and potential upside reward.

Conservative PortfolioThe objective of the Conservative Portfolio is to preserve capital and provide current income by investing in bonds through no-load mutual funds.  The portfolio has a neutral allocation of 100% fixed income (bonds).  Our risk target is not to have a loss in any 12-month period. This portfolio is most appropriate for investors who are uncomfortable with short-term risk and value short-term capital preservation over higher long-term returns.

Defensive Balanced PortfolioThe objective of the Defensive Balanced Portfolio is to provide long-term capital appreciation and current income by investing in stocks and bonds through no-load mutual funds.  The portfolio has a neutral allocation of 20% equities (stocks) and 80% fixed income (bonds).  Our risk target is not to exceed a 2½% loss in any 12-month period. This portfolio is most appropriate for investors who want to participate in equity markets, but are still somewhat uncomfortable with short-term risk and value short-term capital preservation over higher long-term returns.

Conservative Balanced PortfolioThe objective of the Conservative Balanced Portfolio is to preserve capital and provide current income by investing in stocks and bonds through no-load mutual funds.  The portfolio has a neutral allocation of 40% equities (stocks) and 60% fixed income (bonds).  Our risk target is not to exceed a 5% loss in any 12-month period. This portfolio is most appropriate for investors who are uncomfortable with short-term risk and value short-term capital preservation over higher long-term returns.

Balanced Portfolio:  The objective of the Balanced Portfolio is to provide long-term capital appreciation and current income by investing in stocks and bonds through no-load mutual funds.  The portfolio has a neutral allocation of 60% equities (stocks) and 40% fixed income (bonds).  Our risk target is not to exceed a 10% loss in any 12-month period.  This portfolio is most appropriate for investors who want to participate in equity markets, but are still somewhat uncomfortable with short-term risk.

Moderate Growth Portfolio:  The objective of the Moderate Growth Portfolio is to provide long-term capital appreciation by investing in stocks and bonds through no-load mutual funds.  The portfolio has a neutral allocation of 75% equities (stocks) and 25% fixed income (bonds).  Our risk target is not to exceed a 15% loss in any 12-month period.  This portfolio is most appropriate for investors who are willing to accept higher short-term risk in exchange for the likelihood of above-average long-term returns.

Growth Portfolio:  The objective of the Growth Portfolio is to provide long-term capital appreciation by investing in stocks through no-load mutual funds.  The portfolio has a neutral allocation of 100% equities (stocks).  Our risk target is not to exceed a 20% loss in any 12-month period.  This portfolio is most appropriate for investors with a long time horizon and no concerns about short-term risk.

Individual Stock Portfolios

Minimum investment = $250,000

Focused Equity Portfolio:  The objective of this stock portfolio is to seek long-term growth of capital and dividend income by investing in stocks of financially strong, well-managed, and established companies.  The portfolio is invested in 20 to 30 companies that are industry leaders with a competitive advantage.  To summarize, we seek quality companies at value prices.

Focused Equity Income Portfolio:  The objective of this stock portfolio is to seek long-term growth of capital and rising dividend income by investing in stocks of financially strong, well-managed, and established companies that pay a stable and increasing dividend.  The portfolio is invested in 20 to 30 companies that are industry leaders with a competitive advantage. Each company has a solid dividend record and is expected to increase its dividend annually in the future.

Small Cap Value Portfolio:  The objective of this stock portfolio is to seek long-term growth of capital and dividend income by investing in stocks of smaller companies (defined as those with market capitalization of $3 billion or less) of financially strong, well-managed, and established companies.  The portfolio is invested in 20 to 30 companies that are industry leaders with a competitive advantage.  To summarize, we seek quality companies at value prices.

Individual Bond Portfolio

Minimum investment = $250,000

The objective of our bond portfolio is to preserve principal and to generate regular income while taking low risk by investing in high-quality fixed income securities.  We typically build a portfolio of securities maturing at different time intervals.  This is known as “laddering”.  If the goal for the account dictates a liquidity schedule that requires timed payouts then we select the appropriate maturities.

Please contact us to learn more about how we build our investment portfolios.