It's your wealth. Our job is to help connect you to your financial goals. The journey begins by understanding your unique story. We realize that each client has their own set of investment preferences and ability to tolerate risk. We won't fit you into cookie-cutter models. Rather, we look at portfolio management as the art of creating the right asset allocation for you.
Let's face it: things change. Your life changes, your financial picture changes. And markets change. We firmly believe that a buy-and-hold strategy is the best way to compound your wealth over long periods of time. But as seasoned investment professionals we offer clients an extra layer of protection: we help you navigate the waters and stay on course when the winds of change no longer allow for smooth sailing.
Investing today means bringing a myriad of alternatives into balance: from large cap to small, domestic to international, growth to income, active vs. passive management, mutual funds and ETFs. We have developed a reliable "best-of-breed" process to screen and select our investments, ultimately balancing risk and opportunity to deliver you optimal "risk-adjusted" returns.
Benjamin Graham
The Intelligent Investor
Ordinarily investors face only two possible outcomes: up or down. Put and call options allow investors to speculate on the movement of an underlying security within a specified time frame. Options pricing introduces time and volatility to the equation allowing us to add an extra dimension to portfolio management.
We tend to use options as a hedge -- a conservative wealth management tool. While not suitable for every investor, we strongly encourage clients to benefit from our expertise by seeking approval to trade options. Clients are granted approval by custodians based on their investment experience, income and asset levels, and account type.
Two basic yet powerful option strategies allow us to mitigate risk and generate potential income. Buying protective puts acts as a safety net, an insurance policy on your holdings. Selling covered calls enables clients to collect income, a way of monetizing your holdings. We can even combine these tools to form a hedge known as a collar.
Certain clients may find it suitable to sell cash-secured puts as a way of generating potential income or possibly acquiring shares of a stock below current market value. This strategy is especially useful for clients with excess available cash or when an underlying security has advanced and one wishes to enter the market at a more reasonable price level. In a sense, clients get paid to wait for a better opportunity to come along.
For qualified investors we offer a variety of sophisticated option strategies including spreads, strangles, and speculative combinations that allow us to fine-tune virtually any aspect of your portfolio. From hedging individual stock positions to exploring sector themes or broader indices, we provide clients with a competitive advantage based on decades of knowledge and experience gained in the capital markets.
Options are leveraged financial instruments known as derivatives, possessing characteristics and risks that can significantly magnify gains or losses within a short period of time. Options can be highly volatile since they have a limited lifespan and because their prices react dramatically to the movement of their underlying stock or index. Please read the following prospectus to understand more.