Investment Management

We are an investment management firm, and the practice of investment management is at the very heart of what we do for our clients. From the macro level of asset allocation, to the micro level of individual stock analysis, we work with our investing clients in an attempt to maximize long term after-tax returns, within the context of an individual or institution’s risk tolerance and investment objectives.

While we typically are granted discretion with respect to individual investment decisions, the framework in which we operate is customized. We work with our clients to define appropriate investment objectives and we recognize that those objectives may change over time owing to age, changed circumstances, or special needs. With these objectives as a roadmap, we actively manage individual portfolios. We have a long term investment perspective, but we are sensitive to valuation levels and will buy and sell securities accordingly.

We invest primarily in individual stocks and bonds, but we supplement these positions with the use of exchange traded funds (ETFs) and exchange traded notes (ETNs) to gain exposure to specific areas that we believe are complementary to the individual holdings in the portfolio. For fixed income investments, we typically build a laddered portfolio of high quality instruments, with maturities that coincide with anticipated cash needs and/or our view of potentially opportunistic reinvestment periods. Depending on investor circumstances, we will also structure high yield, foreign bond or individual stock emerging market portfolios.