In an era of overwhelming data and noise, we provide portfolio management in a simple and transparent manner - leaving you with true ownership of your investments.

Philosophy

We are big believers in dividends. Our Portfolio Manager's primary objective is to generate a growing stream of income with the construction of a diversified, focused portfolio of individual stocks. The strategy is made up of companies with not only a current dividend, but more importantly, the belief of a growing dividend stream. 

Strategy Rationale

Over time, dividends have made up a substantial portion of the total return of the S&P 500. This philosophy tends to result in clients owning quality companies with great management teams that continue to create long term value for shareholders. Many high quality dividend paying stocks have remained attractive in the current low yielding environment: as they may possess higher current yields and may have the ability to grow their dividends over time.

A Comprehensive Investment Process

The Portfolio Manager's believe intelligent dividend investing is much more than simply selecting stocks with high dividend yields or screening for past dividend increases. With an eye to a company’s future, the manager carefully considers three major variables when investing:

CURRENT DIVIDEND
  • Dividend yield equal to or higher than S&P 500
  • Current yield + dividend growth
  • Potential for stock buybacks

CONSISTENCY OF DIVIDEND
  •  Strong balance sheet: low debt to equity ratios and high
      interest coverage ratios
  •  Sustainable operating margins
  •  Credit spreads on underlying debt

GROWTH OF DIVIDEND
  • Future sales and earnings growth
  • High return on equity
  • Management’s commitment to dividend growth




Growth of Dividend


There’s no guarantee that dividend paying stocks will return more than the overall stock market. Dividends are not guaranteed and are subject to change and elimination.

The PIM program is not designed for excessively traded or inactive accounts and is not appropriate for allinvestors. Please carefully review the Wells Fargo Advisors Financial Network advisory disclosuredocument for a full description of our services. The minimum account size for this program is $50,000.

Philosophy

Investing in fixed income securities has become increasingly difficult. This is when active management can add the most value.

 

Positioning

  • Rather than speculate on interest rates, we typically ladder portfolios in an attempt to reduce interest rate risk.

  • The team are strong believers in individual muni bonds in taxable accounts to achieve tax free income*.

  • We use a tactical bucket which can include ETFs to allow flexibility in managing duration.

 

Selection Process

We believe successful performance can be achieved through research and analysis of sectors and securities, rather than interest rate speculation.



*Income from municipal securities is generally free from federal taxes and state taxes for residents of theissuing state. While the interest income is tax-free, capital gains, if any, will be subject to taxes. Income forsome investors may be subject to the federal Alternative Minimum Tax (AMT).

Rising rates, higher stock market volatility and inflation all challenge the traditional 60/40 portfolio. That's why many investors are exploring new sources of return with alternatives.

When you’re looking at alternatives, there is a broad universe to consider. We suggest you focus on strategies that seek to diversify or amplify.
         
         Diversify
         Bonds are under pressure in a rising rate, inflationary environment. Lower correlation alternative funds can offer another way to diversify stocks and seek                   attractive returns.

         Amplify
         Tap into private markets to seek higher returns over traditional stocks and bonds.

If it fits within your portfolio strategy, and overall financial plan, we can incorporate alternative strategies which include: Managed futures, Long/Short Funds, Real Estate, Merger Arbitrage, and Structured Solutions.

Because alternatives tend to behave differently than typical stock and bond investments, they can potentially help qualified investors mitigate risk and pursue difference sources of returns and opportunities in their portfolios.

 
 
Alternative investments carry specific investor qualifications which can include high income and net-worth requirements as well as relatively high investment minimums.  They are complex investment vehicles which generally have high costs and substantial risks.  The high expenses often associated with these investments must be offset by trading profits and other income.  They tend to be more volatile than other types of investments and present an increased risk of investment loss.  There may also be a lack of transparency as to the underlying assets.  Other risks may apply as well, depending on the specific investment product.