Security Selection Process
Equity Selection Process
- Total Available Equity Investments
- Bloomberg screening utilized to create Equity Investment Universe
- Approximately 1,200 eligible equity securities
- Quality screening, Internally developed equity model, Independent research, Qualitative business assessment and Relative Value assessment utilized to create Equity Buy List
- Equities selected from Buy List to create customized client portfolios
Fixed Income Selection Process
- Total Available Fixed Income Investments
- Quality screening excludes all assets with credit rating below “BBB”
- Internally developed “Relative Value” Fixed Income Model seeks bonds that are competitively priced, maximizing yield.
- Economic and inflation conditions analyzed to determine optimum length of Fixed Income maturity ladder and use of callable securities
- Individual investors’ tax bracket considered in order to maximize after-tax yield