Our investment team designs and maintains a variety of strategies ranging from aggressive to defensive.  While our ultimate goal is to build a portfolio that will conform to the appropriate risk profile, we will work around "legacy" investments and special situations knowing that no two clients are the same. 

Early in our discussions with each new client we establish together how much risk is appropriate based on their needs for return and their personal tolerance for volatility. We design each client's portfolio with a great deal of attention to minimizing transaction costs and taxable capital gains. Each model portfolio has its own allocation between "Stable" and "Opportunistic" investment assets. Usually, the more that is allocated to the Stable categories the lower the overall expected return but the more steady the results are likely to be. The more aggressive versions typically have a higher allocation to the Opportunistic categories in the expectation that over a full market cycle returns will be higher but the ride may be bumpier. 

Our Opportunistic investments are a mix of individual stocks and bonds, closed-end funds, ETF's and actively managed mutual funds. Our securities selection process is influenced by our appraisal of the current market risk, our long-term investment "Themes", and our analysis of the fundamental drivers for each of the businesses we invest in.  

Our proprietary process identifies eight categories of investment of our own designation, and this part of the discipline helps assure that our clients' portfolios are truly diversified. When you come to visit us we will be happy to explain all of this in as much detail as you like.