We typically construct portfolios of individual stocks tailored to each client’s investment time horizon, objectives and withdrawal requirements.
We pursue a value-oriented (“growth at a reasonable price”) investing style, using our own research to discover unrecognized or under-recognized investments whose long-term outlook is not reflected in their current prices.
We put behavioral economics to work in our investment analysis.
Two senior officers have graduate degrees in economics and college teaching experience. One other is a Chartered Financial Analyst (CFA), with an advanced degree in finance.
We devote extensive time and energy to educating our clientele about what we’re doing, why we’re doing it, and the economic, political and investment environment underlying our decisions.
We write our own monthly four-page letter to clients to keep them informed.
We send our clients quarterly investment performance reports that date back to the inception of our work for that account and provide annualized returns. The investment returns are computed net of management fees.
We provide clients with quarterly realized gains summaries in advance of estimated tax payment dates.
We specialize in investment management, and we do not provide legal, accounting, or tax advice.
We work on a fee-only basis and are not compensated by commissions. We do not participate in any "soft dollar" arrangements.
Clients have access to our portfolio manager to review their objectives and discuss any investment questions.