Investment Management
Waters, Parkerson & Co., LLC’s investment philosophy is conservative with an emphasis on diversification of assets and preservation of capital.
Our relationship-based approach allows a comprehensive understanding of clients’ financial and wealth objectives. Through an active portfolio management process, our advisors use a disciplined, long-term, unemotional and independent investment approach to develop personalized and tax-efficient investment portfolios.
Our team of investment advisors are managing individual stocks and bonds on behalf of our clients. Waters, Parkerson & Co.’s proven success in personalized investment services is achieved through an in-depth, strategic financial management process.
Equity Strategy
The equity portion of the portfolio should produce capital appreciation augmented by dividend income through a diverse portfolio of companies with primarily large capitalizations, strong fundamentals, outstanding management, and a history of earnings growth. Our equity strategy includes:
Bottom-up stock selection with a focus on undervalued companies that will experience long-term secular change
Diversified individual stock selections to eliminate unnecessary risk of concentrating on a narrow array of companies or industries
Emphasis on long-term investment approach with in-depth analysis separating short term volatility from fundamental changes
Investment Committee is responsible for research, analysis and on-going monitoring of equity holdings
Holdings include growth, value and yield oriented equities that are leaders in their respective industries
Fixed Income Strategy
The fixed income portion of the portfolio should produce maximum current income with safety of principal. Our philosophy stresses current income over potential appreciation and attempts to insulate the fixed income portfolio by the following:
Diversification of holdings across the intermediate term yield curve
Staggering maturities equally within the portfolio to provide annual reinvestment opportunities
Selecting from corporate, agency and municipal bonds
Analysis of historical yield spreads
Adherence to client-specific investment objectives and guidelines
Continued monitoring of credit ratings