Money Management

Money management is simple but not easy. It is simple because the principles of successful investing are relatively few in number and are easy to understand. Money management is not easy because without a firm commitment to long-term investment strategies, it becomes easy for one to be distracted by investment schemes that promise high returns with little or no risk. Those who depart from time-tested strategies in order to pursue such investments will, in the end, build portfolios in the same way they collect shells at the beach — picking up whatever catches their eye at the moment. The fact is, basic investment principles are most important at the times when they seem most irrelevant. The principles of investing aren't exciting or easy; all they are is true. 

No Load Mutual Funds And/Or Individual Stocks

H&S recognizes that to be successful, an investment program must be tailored to each client's individual circumstances. H&S's Portfolio Design and Management (PDM) approach to managing liquid assets identifies, via the completion of an Investment Strategy Questionnaire and personal interviews, the investment portfolio best suited for each client with consideration given to each client's financial objectives, risk/return parameters, and the time frame within which their objectives are expected to be realized. Investment strategies are then put into action utilizing a select group of individual stocks and/or no-load mutual funds.

Portfolio Optimization

There's nothing arbitrary about H&S's meticulous approach to money management. In managing portfolios ranging from "Conservative" to "High Growth," each portfolio is designed and then managed to provide an optimum return relative to preestablished volatility parameters. This approach affords

each client the opportunity to select a portfolio or portfolios with historical risk/return parameters that match his/her financial goals and objectives. While portfolio optimization does not guarantee future results or that portfolio losses will not occur, it does provide a pro-active investment approach to money management which is capable of responding in a timely fashion to changes in investment objectives and market trends. H&S's professionally managed portfolios tend to lead trends, not follow them. Each portfolio is structured to provide consistent, real returns over a market cycle within the portfolio's stated risk/reward parameters representing a true reflection of process and discipline.

Investment Policy Statement

Every client receives an Investment Policy Statement (IPS) which addresses topics such as the purpose of the portfolio, the client's performance objectives and risk tolerance, current income needs, future capital requirements, and H&S's responsibilities to the client in terms of Portfolio Performance Reports and periodic meetings to evaluate results and discuss, when appropriate, additional wealth building strategies.

The best way to approach an uncertain market isn't uncertain at all. H&S's approach to money management isn't trendy, but, then again, neither is success. The difference between a self-directed portfolio, and an H&S professionally managed account, is measured in insight, ability, discipline, and performance. The bad news is you can't control the market. The good news is you can control who manages your investments.