Portfolios are customized to each client’s unique needs and circumstances. When constructing a portfolio, our primary consideration is effective asset class utilization, followed by strategic sector allocation, and finally individual security selection.
Client portfolios will be well diversified, holding reasonably valued securities issued by domestic and international companies with a high degree of financial quality, strong and defensible market positions, and strong and improving fundamentals. Each step in the process is made within a well-defined, disciplined framework that maintains independence while emphasizing quality and relative valuation.
We believe that each portfolio should be constructed with a “core” actively managed segment, further diversified across passively managed sub-asset classes as well. This balance of both actively and passively managed segments of a portfolio allows for greater efficiencies, while maintaining long-term diversification through investment in imperfectly correlated asset classes and individual securities.
Our goal is to provide superior long-term returns with below-average volatility by capitalizing on attractive opportunities available in both value and growth securities.