Creating achievable goals
We are your lifetime advisor
We work with clients to help prioritize financial goals across the accumulation, growth, preservation, and income and distribution stages of their financial life cycle. We also help to ensure that the proper healthcare and estate documents are in place. Unexpected circumstances such as inheritance, career changes, divorce, healthcare needs, or elder care expenses have the potential to change plans, and we work with clients to adjust the plan and portfolio accordingly.
We understand that every client is unique and we listen closely to design a path to best meet your goals. Your portfolio is constructed to balance capital appreciation and income needs in accordance with your plan and risk tolerance. Our ability to create customized portfolios enables us to build around legacy or low-cost basis positions in a tax-efficient manner.
High Net Worth Investment Management
A customized approach
We are a conservative growth manager, focused on capital appreciation with downside protection. Our in-house analysts conduct bottom-up, fundamental research to select individual securities. We construct high conviction equity portfolios paired with bonds, utilizing ETFs primarily for direct international exposure.
Accounts are managed individually, allowing Client Portfolio Managers to customize portfolios around existing holdings. The firm’s buy-to-hold investment strategy (~15% annual turnover) is both tax-efficient and an effective way to build wealth over the long run. We are stewards of your capital, and strive to understand each client’s risk tolerance and liquidity needs, so that we may construct the most optimal mix of growth and capital preservation in every portfolio.
Crafting Your Legacy
Safeguarding your assets for generations to come.
Our in-house financial planners go through a comprehensive process to understand your goals, analyze your current position, and recommend a range of solutions. We coordinate with your current advisors to maintain consistency, while helping with retirement planning, estate planning, legacy planning, tax planning, philanthropic endeavors, and future healthcare concerns.
In addition, we help small business owners think through strategies around liquidity, succession, and other transactions.
Conservative growth manager
Farr, Miller & Washington’s tenured investment team adheres to the rigorous, disciplined investment process that the firm has utilized to manage institutional portfolios since being founded in 1996. The team builds high conviction portfolios of reasonably priced growth stocks. FMW’s philosophy emphasizes capital preservation, quality, and low investment turnover (~15% per year).
Wide economic moats, solid balance sheets, strong free cash flow, above-average returns on capital, and solid long-term secular growth prospects are defining characteristics of portfolio companies. Intense focus on valuation is intended to provide downside protection in weak markets. All investment decisions are made by committee, from new idea generation, proprietary research, portfolio construction, and sell decisions.