Investment Strategies

After carefully evaluating your financial and personal circumstances, overall goals, risk tolerance, and your tax situation, we create a suitable investment portfolio, designed to meet your specific needs. Most investors will typically be suited to one of the portfolios described below.
Our experienced portfolio managers specialize in different areas. We bring into your portfolio what we identify as the most suitable and opportune investments, which may include:
  • Investment Grade Bonds
  • High Yield Bonds
  • Emerging Market Bonds
  • Preferred Securities
  • Common Stocks
  • Master Limited Partnerships
  • Real Estate Investment Trusts (REIT's)
  • Closed-end Funds
  • Exchange Traded Funds (ETF's)
Income seeking investors


We manage conservative, moderate and aggressive income portfolios. Our strategies comprise both a top-down (which areas of the income market present the most opportunities) and a bottom-up analysis (which securities are the most attractive ones). As the legendary investor Seth Klarman says: "we worry top-down and invest bottom-up".

Different economic drivers create different investment opportunities


The multi-driver portfolio is a defensive strategy designed to protect against any one economic driver or event that could adversely affect the majority of holdings. It thus includes securities that are mainly sensitive to interest rates or the stock market or energy prices. It also takes positions that give the portfolio exposure to real estate, foreign markets, commodities or specialized areas via closed end funds. 

For investors interested in long-term growth


Our equity approach invests wherever we find the best risk-adjusted returns. The opportunity set will change as the market environment fluctuates. However, a portfolio company will usually possess a combination of the following characteristics: 1) great business in a leadership position in core products 2) ability to generate strong and recurring cash flows 3) propensity of the management to use cash flows wisely 4) a low valuation due to the company being misunderstood or temporarily out of favor.

Please Click Here For Important Disclosures and a Customer Relationship Summary:
- FORM CRS (Customer Relationship Summary)
- FORM ADV (Firm Brochure)

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