Principles

Our core investment philosophy rests on the following principles:

Asset Allocation:  We believe in the spreading of your funds among different asset classes such as equity, bonds and cash equivalent assets.  We hold the position that the mix of assets within a portfolio, rather than individual stock selection, is the primary factor underlying long term portfolio performance.

Tactical Asset Allocation:  We believe in short term portfolio adjustments that adjust the portfolio mix between asset classes in consideration of current market conditions.

Diversified Portfolios:  We believe in diversifying your funds within specific asset classes to reduce risk and enhance returns.

Customized Plans:  Your portfolio should coordinate and harmonize with your family’s unique personal financial objectives.

Long-Term Focus:  Many investors do poorly because their advisors concentrate on short-term trading. We look for long-term values and trends over a multi-year horizon.

Strategic Approach:  Instead of buying collections of “good stocks,” we select investments that represent clear opportunities and reflect a deliberate overall strategy.

Cost-Effective:  We avoid commission products and employ a tax-efficient and cost-effective approach to managing your portfolio.  We believe a buy and hold strategy supports long term investing goals.

Intellectual Discipline:  Rather than fall in love with our investments, we constantly scrutinize holdings for relative attractiveness, risks, and changing valuations.