We believe that trust and effective communication are the foundation of successful client relationships. We actively listen and perform comprehensive needs analysis to determine prudent asset allocations in a variety of tactical solutions based on client suitability and with specific consideration of cash flow, taxation, and overall investment objective. Those solutions can include individual securities (stocks, bonds, REITs), mutual funds, exchange traded funds and programs offered by Davenport Asset Management or leading national outside managers.
Individual securities are selected with traditional investment discipline identifying companies with industry leading financial strength, compelling growth/income, proven management, and reasonable valuations for attractive total return. We value the analysis and expertise of our colleagues in Davenport Research and Davenport Asset Management while staying mindful of unique client needs for alternate assets of similar quality. Overall portfolio risk is managed through appropriate asset allocation, diversification, fundamental analysis, a distinct quality bias, and collaborative client communication.