We build and maintain a portfolio that meets the directives established by your investment objectives.  Part of this process is identifying what to target so that the investments selected are serving that purpose.  Individual investments can either be specific securities or ETFs.  If appropriate, we have a long-standing expertise in the stocks of companies paying generous and growing dividends.  Any changes we believe advantageous to your present portfolio are considered a migration path and implemented over time, price and tax considerations being the driver.

Our history and training as a fiduciary translate into studying the fundamentals, ranging from the very broad such as the economy or investing environment, to the particulars of a specific stock.  Risk, and in particular the potential for permanent loss of capital is the key consideration.  Volatility per se, is not.  What we are is realists.  You will often hear us mention “only playing the cards that are on the table”.   We understand the perfect conditions we all wish would happen, but they are not reality.  The challenge is how does an investor make money with what is actually happening.  The task is to understand what our fiscal and monetary policies imply for future expected returns, changes that would be advantageous or newly emerging risks.