Branch Manager, Financial Advisor
I subscribe to the idea that over time, employing actively managed strategies can produce better investment results compared to what one would receive by employing passive investment models. With that in mind I manage a Total Return Portfolio to meet the needs of you the investor. The portfolio are based on core/satellite model observing the need to remain diversified through the use of asset allocation. I do not observe a strict asset allocation model; but instead remain focused on the quality of the managers I employ to direct our core assets. My portfolios strive to remain diversified over many asset classes in both the equity and debt categories. As a fund of funds my strategy strictly invests capital in mutual funds, exchange traded funds and closed end funds. I believe the managers who direct the core assets have the potential to outperform their indices and their peer groups. I strive to achieve this goal by monthly assessment of their risk adjusted performance. I generate the portfolio’s alpha* from satellite positions. I believe in both the philosophy and strategies discussed above and look forward to implementing the right strategy for you.
I will review your portfolio performance on a quarterly basis using the Wells Fargo Advisors’ Client Financial Review system. I addition you will received monthly statement and a 1099 statement at the end of the year. You will have direct access to me should you have any questions or concerns. By maintaining open communication, I believe may be able to help avoid reflexive or reactive decisions during downward market cycles.
As each Private Investment Management (PIM) program account is individually managed, construction and ongoing management of portfolios may vary from those discussed in this Philosophy Statement.
* The return on an asset in excess of the asset’s required rate of return; the risk-adjusted return as defined by CFA institute
As each Private Investment Management (PIM®) program account is individually managed, construction and ongoing management of portfolios may vary from those discussed in this Philosophy Statement. Past performance is not indicative of future results, and there is no assurance that any investment strategy will be successful. The value style of investing cannot guarantee appreciation in the market value of an investment's holdings. The return and principal value of stocks fluctuate with changes in market conditions. The value type of investing tends to shift in and out of favor. Investments and investment strategies contained herein are provided for informational purposes only. We would need to review your individual situation before recommending appropriate strategies to you. All investing involves risk, including the possible loss of principal. Stocks offer long-term growth potential, but may fluctuate more and provide less current income than other investments. Investing in fixed income securities involves certain risks such as market risk if sold prior to maturity and credit risk especially if investing in high yield bonds, which have lower ratings and are subject to greater volatility. All fixed income investments may be worth less than original cost upon redemption or maturity. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in the decline of the value of your investment. The PIM program is not designed for excessively traded or inactive accounts and are not suitable for all investors. Please carefully review the Wells Fargo Advisors advisory disclosure document for a full description of our services. The minimum account size for this program is $50,000. CAR-0623-00331