How We Manage Money,
most importantly, your money

The first step in developing an investment strategy is understanding what you want to accomplish. What are you making money for? We’ll have in-depth conversations with you about your near- and long-term goals, then help you prioritize these goals and assess what level of market risk you are comfortable with in pursuing them. We’ll then begin to customize an investment strategy designed to help you achieve these objectives. Once implemented, we will review and manage your progress to help you remain on track, pivoting as your priorities change.

The amount of acceptable risk differs for each individual. Some people are willing to forgo an amount of return in order to minimize the volatility of their investments. Others are willing to accept increased volatility for the chance to earn higher returns.

We are firm believers that there is no right or wrong answer and that there is no single investment strategy for everyone. Through our ongoing conversations with you, we’ll look to define your comfort factor, then work to determine not what the academic answer is to your investment approach, but rather what is most comfortable and appropriate to you.

As our client, you will receive a custom investment strategy carefully constructed by us based on your individual goals, objectives, timeline and risk tolerance. There is no cookie-cutter approach to what we do. We consider a balanced selection of equities and fixed-income investments to find those we believe to be of the highest caliber, judged by potential for growth, preservation, income and other factors.

We’ll build out your custom portfolio, starting with a core of carefully selected individual equities and fixed-income investments and, when appropriate, supplement it with mutual and exchange traded funds

We also have access to further specialized investments, such as structured notes, private debt and equity funds, for when your situation warrants it. Your financial plan, set against the backdrop of the overall market outlook, will help us determine the appropriate asset allocation.

All investing is subject to risk, including loss. There is no assurance that any investment strategy will be successful. Dividends are not guaranteed, and a company's future ability to pay dividends may be limited.

Investing in emerging markets can be riskier than investing in well-established foreign markets. Emerging and developing markets may be less liquid and more volatile because they tend to reflect economic structures that are generally less diverse and mature and political systems that may be less stable than those in more developed countries.

Investors should carefully consider any mutual fund or ETF’s investment objectives, risks, charges and expenses before investing. The prospectus contains this and other information and can be obtained from your financial advisor. The prospectus should be read carefully before investing.

A structured note is a debt obligation that also contains an embedded derivative component that adjusts the security’s risk-return profile. The return on a structured note is linked to the performance of an underlying asset, group of assets or index. The flexibility of structured notes allows them to offer a wide variety of potential payoffs that are difficult to find elsewhere. Structured notes are complicated financial products that suffer from market risk, low liquidity and default risk.

Private equity investing often have high investment minimums, which can not only magnify gains but also magnify losses. Liquidity risk exists since private equity investors are expected to invest their funds with the firm for several years on average. Market risk is prevalent since many of the companies invested in are unproven, which can lead to losses if they fail to live up to the hype.

Our core equity strategy consists of individual large-cap U.S. companies. We see the purpose of equities in portfolios as the engine of growth of your principal over longer-term investment horizons. In the debate between growth and value, we land somewhere in the middle, focused on growth at a reasonable price.

We evaluate the fundamental prospects of each company under consideration, looking at the quality of management, as well as the growth prospects of both the top and bottom line. We then overlay a review of valuation metrics such as price-to-earnings (P/E), P/E-to-growth, price-to-book, return on equity and so on.

To augment that information, we look at dividend yield, the technicals of the stock, ESG characteristics and analyst coverage.

All investing is subject to risk, including loss. There is no assurance that any investment strategy will be successful. Dividends are not guaranteed and a company's future ability to pay dividends may be limited.

ESG/Sustainable investing may incorporate criteria beyond traditional financial information into the investment selection process. This could result in investment performance deviating from other investment strategies or broad market benchmarks. Please review any offering or other informational material available for any investment or investment strategy that incorporates sustainable investing criteria, and consult your financial professional prior to investing.

The price-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of a company's share price to the company's earnings per share.

The ‘PEG ratio’ is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share, and the company’s expected growth.

The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company’s current market value to its book value.

Our core fixed income strategy consists of individual bonds, either municipals or corporates, depending on the tax structure of the portfolio.

We see the purpose of fixed income in portfolios as the generator of a stream of income and provider of stability during volatile equity markets. Given their purpose, we focus on investment grade rated bonds, avoiding reaching for excess yield by buying lower credit assets.

In the current market environment, we are staying with maturities between three and 10 years, going out enough to obtain a decent yield without going out so long as to be locked into current low rates for too long.

All investing is subject to risk, including loss. There is no assurance that any investment strategy will be successful. Dividends are not guaranteed, and a company’s future ability to pay dividends may be limited.

Fixed-income securities (or “bonds”) are exposed to various risks, including but not limited to credit (risk of default or principal and interest payments), market and liquidity, interest rate, reinvestment, legislative (changes to the tax code), and call risks.

There is an inverse relationship between interest rate movements and fixed income prices. Generally, when interest rates rise, fixed income prices fall and when interest rates fall, fixed income prices generally rise. Short-term bonds with maturities of three years or less will generally have lower yields than long term bonds which are more susceptible to interest rate risk.

Please note these strategies may be subject to state, local and/or alternative minimum taxes. You should discuss any tax or legal matters with the appropriate professional.