Investment Management
At The Price Group, we partner with some of the leading investment research firms to help us make high quality investment decisions for our clients. You will find that our stock strategies own individual stocks (not mutual funds), and we also gravitate towards individual bonds when appropriate. This reduces your overall cost of an investment portfolio while also giving you greater control over your tax planning.
Irreplaceble Capital
Individual Bond Ladder
The individual bond ladder allows you to invest other assets to longer term investment strategies while providing for your cash-flow needs. The length of an individual bond ladder (i.e. 1 - 5 year) is flexible and determined by your specific needs.
- Provide for future cash needs
- Help ensure other parts of the portfolio do not have to be sold in a down market
Low Duration Income
Every portfolio should have a certain amount of safe and highly liquid funds as a cash reserve.
- Liquid and high quality
- Cash-like alternative
Yield
Tax-Free Income
Our Tax-Free Income strategy is a portfolio of our highest conviction municipal tax-free fixed income ideas.
- Income generation is primary objective
- Flexible approach - strategy can and will raise cash as needed
- May be subject to state, local, and AMT tax
Fixed Income
Our Fixed Income strategy is a portfolio of our highest conviction taxable fixed income ideas.
- Income generation is primary objective
- Flexible approach - strategy can and will raise cash as needed
Yield + Growth
Dividend Growth
Our Dividend Growth strategy is a diversified portfolio of blue-chip companies with a history of increasing their dividend each year. The portfolio remains fully invested and is designed to generate consistent and recurring income.
- Portfolio of dividend paying stocks
- Focus on companies that historically increase their dividend each year
Enhanced Dividend
Enhanced Dividend focuses primarily on dividend paying stocks and is designed to deliver an estimated annual cash-flow of 5 - 7%.
- Portfolio of dividend paying stocks
- Focus on companies that historically increase their dividend each year
Midstream Energy
Enhanced Dividend focuses primarily The Midstream Energy strategy seeks to generate an attractive total return from high current income and long term capital appreciation through a variety of energy related investments.
- Strategy focuses on midstream companies that historically increase their distribution/dividend
Growth
Core Growth
The Core Growth strategy is a diversified portfolio of large companies with a growth orientation.
- Large Cap Growth portfolio
- Portfolio of 25 individual stocks
Company Stock
It is often difficult to diversify a portfolio concentrated in company stock. We recommend that no position represents more than 5% - 10% in an investment portfolio.
- Dollar cost averaging (DCA) out of concentrated position
Balanced
Our Balanced strategy is designed for conservative growth. This portfolio has a goal of keeping a 60%/40% split between stocks and bonds.
- Balanced portfolio of stocks and bonds
- Flexible approach - strategy can and will raise cash as needed
Specialty
Alternative Investments
Each alternative investment can look very different. These alternative investments are available depending on suitability.
- Provide a unique element of diversification
- Investments of this nature are traditionally illiquid and require a longer time horizon
A bond ladder is a portfolio of fixed-income securities in which each security has a significantly different maturity date.
The purpose of purchasing several smaller bonds with varying dates of maturity rather than one large bond with a single maturity date seeking to minimize interest-rate risk, increase liquidity, and diversify credit risk.
Duration can measure how long it takes, in years, for an investor to be repaid a bond’s price by the bond’s total cash flows. Duration can also measure the sensitivity of a bond’s or fixed income portfolio’s price to changes in interest rates.
Equity securities may fluctuate in response to news on companies, industries, market conditions and the general economic environment. Companies cannot assure or guarantee a certain rate of return or dividend yield; they can increase, decrease or totally eliminate their dividends without notice.
A portfolio concentrated in a single market sector may present more risk than a portfolio broadly diversified over several market sectors.
Any type of continuous or periodic investment plan does not assure a profit and does not protect against loss in declining markets. Since such a plan involves continuous investment in securities regardless of fluctuating price levels of such securities, the investor should consider his financial ability to continue his purchases through periods of low price levels.
Alternative investments often are speculative and include a high degree of risk. Investors could lose all or a substantial amount of their investment. Alternative investments are appropriate only for eligible, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time. They may be highly illiquid and can engage in leverage and other speculative practices that may increase the volatility and risk of loss. Alternative Investments typically have higher fees than traditional investments. Investors should carefully review and consider potential risks before investing.
Alternative investments involve complex tax structures, tax inefficient investing, and delays in distributing important tax information. Individual funds have specific risks related to their investment programs that will vary from fund to fund. Clients should consult their own tax and legal advisors as Steward Partners Investment Solutions, LLC does not provide tax or legal advice.