An Independent Practice

A world of opportunity

Our advisors maintain a global macroeconomic view, a strategy of investing that involves identifying growth economies from both established and emerging markets. Global macro trends have a significant influence on economies and societies around the world. These trends are not the hot tip of the week, but progressive changes that span many decades. Identifying and responding to these trends is important not only to the future of companies and governments, but investors as well. We follow and study global markets to find growing economies that show great potential for helping increased growth. We access these opportunities through investments designed to track broad-based market indexes.

The primary objective of our fixed income strategy is to help balance the risk we are assuming with the equity portion of our model and to ensure the appropriate liquidity for rebalancing purposes. We populate each custom portfolio with U.S. Treasuries, FDIC-insured CDs or the highest quality corporate and/or municipal offerings available. In addition, we build "laddered" portfolios of bonds and look to build the U.S. Teasury bonds in these portfolios via new issue auctions to reduce client expenses. We believe this approach has many benefits:

  • Holding individual bonds and holding them to maturity can help manage interest rate risk
  • Targeting FDIC-insured CDs, Treasuries or highest quality corporate and municipal offerings can help manage credit risk
  • Buying U.S. Treasury bonds at auction can help manage a portion of customer fees and potentially make a difference in overall returns for a fixed-income portfolio


Investing involves risk including the potential loss of capital. Diversification does not guarantee a profit nor protect against loss. International investing involves additional risks such as currency fluctuations, differing financial accounting standards, and possible political and economic instability. These risks are greater in emerging markets.

Certificates of deposit are FDIC-insured up to $250,000 per depositor. Coverage applies to total holdings per bank per depositor. Visit for more information.

There is an inverse relationship between interest rate movements and fixed income prices. Generally, when interest rates rise, fixed income prices fall and when interest rates fall, fixed income prices generally rise. U.S. government bonds and Treasury bills are guaranteed by the U.S. government and, if held to maturity, offer a fixed rate of return and guaranteed principal value. U.S. government bonds are issued and guaranteed as to the timely payment of principal and interest by the federal government. Treasury bills are certificates reflecting short-term (less than one year) obligations of the U.S. government. Income from municipal bonds is not subject to federal income taxation; however, it may be subject to state and local taxes and, for certain investors, to the alternative minimum tax. Income from taxable municipal bonds is subject to federal income taxation, and it may be subject to state and local taxes.

2 HMS ESSINGTON Dr. Hingham Shipyard | Hingham, MA 02043 | T: 877.741.2540 | F: 781.741.2541 | Disclosures | Form CRS | Form ADV Part 1 | Form ADV Part 2A