An independent fee based only investment advisory firm with over 80 years combined investment experience established in 1993. We tailor personal portfolios composed of individual securities based on the unique needs and risk tolerance of each client for a customized experience. Utilizing a conservative investment philosophy we select financially stable companies with positive growth prospects that have demonstrated consistent earnings growth to achieve your objectives.
896 Main Street
Osterville, MA 02655
Quarterly Commentary from our Economist John Ladner (4th Quarter 2017)
Lulled into Complacency? – “Would you like a ride in my beautiful balloon. We could float among the stars together, you and I. For we can fly.” - Up, Up and Away” by The Fifth Dimension (1967)
Inflection Point? - Investors appear to be experiencing the euphoria of these ballooners brought about by the heady stock market returns over the past five years. Standard and Poor’s 500 index funds have averaged a gain of approximately seventeen percent for the five year period, even with the inclusion of a mere 1.3% return for 2015. The excitement was further fueled by the gains achieved by the major averages in 2017, which ranged from of 20 to 30 percent. As a consequence of this recent good fortune, investors have begun to extrapolate such returns into the future and act as though similar results will become the norm. Institutional investors have continued to be active buyers in order to assure their performance does not disappoint their clients.Read More