Fixed Income

The fixed income component of a portfolio should represent the low risk, low volatility portion of an individual’s portfolio. Fixed income securities are used primarily to minimize the risk of loss of principal. They also assist in protecting principal, dampening volatility, providing a stream of income and maximizing after-tax returns. We focus exclusively on those sectors and issues with the lowest credit risk, and manage fixed income assets to specific client objectives. We combine our macro economic outlook and our expectation of future interest rate levels, with clients’ need for risk aversion and liquidity to determine portfolio duration. Despite the high quality of typical fixed income holdings, we believe that appropriate diversification will provide additional protection against unexpected events.

Sectors of Focus

• US Government Bonds
• US Government Agency Bonds
• High Grade Municipal Bonds
• High Grade Corporate Bonds

Investment Process

• Understand each client's objectives.
• Analyze one's unique needs and tax situation
• Link our macroeconomic and interest rate views with client objectives to determine portfolio duration
• Select issues (municipal and/or taxable) that offer the highest after-tax yields with the lowest risk and volatility
• Build a tailored fixed income portfolio that is diversified and that meets the client's liquidity needs while maximizing one's after-tax return