As Private Investment Management (PIM) advisors, we strive for long-term appreciation of client assets with a balanced core portfolio, investing in growth and value stocks which we believe are dominant in their industries. We concentrate on quality of earnings and dividends1 from a core base of companies that we believe have strong financial histories, recognized industry leadership and effective management that strive for consistent returns for their shareholders. We look for companies that we think are undervalued with the belief that a catalyst may occur to unlock those values.
We believe that ongoing performance is more impressive than a single occurrence because the average of a fairly long period in the markets tends to absorb and equalize the distorting influences of the business cycle.
Fixed income, taxable and tax-advantaged obligations are used to help temper volatility. We apply the same philosophy of quality with regard to credit, using only those obligations that are rated AA or AAA by both services of Standard & Poor’s and Moody’s.
1Dividends are not guaranteed and are subject to change or elimination.
The PIM program is not designed for excessively traded or inactive accounts and is not appropriate for all investors. Please carefully review the Wells Fargo Advisors Financial Network advisory disclosure document for a full description of our services. The minimum account size for this progrma is $50,000.