Create a strategy for happiness. Foothills Asset Management specializes in helping high net-worth individuals achieve their investment goals. We listen to your hopes and dreams, then put together a portfolio designed to help you achieve them. You work hard for your money. Shouldn't it return the favor?
Sound advice...your best investment.™
Financial solutions for a less-than-perfect world.
If only your money would manage itself. Until then, we're here to help. We specialize in providing sound, personalized investment management services to high net-worth individuals, as well as to foundations, endowments, corporations, non-profit organizations, and retirement plans.
But what truly sets us apart from other asset managers is our approach: people before portfolios. You are a unique individual — shouldn't your investment strategy reflect that? So before we get to know your money, we get to know you. Together we determine your goals by assessing your circumstances and factoring in your investment objectives and risk tolerance.
Foothills Asset Management is a fee-only registered investment advisor. That means we don't sell products or derive income from commissions. Our compensation comes solely from the total market value of your assets. Simply put, we align our interests with yours. When you do well, we do well.
Sound advice...your best investment.™
The next best thing to a sure thing.
The philosophy behind our investment strategy is simple: we buy shares of good companies at reasonable prices relative to their long-term growth prospects. Our approach is systematic and includes research, discipline, patience and pragmatism.
Our experienced portfolio managers are highly skilled at tailoring an investment strategy that balances your tolerance for risk, the length of time your assets will be invested and the tradeoff between your need for future growth and current income.
Good Businesses at Reasonable Prices
During the course of a 24-hour news cycle, it is easy to lose sight of the fact that there are real companies and businesses behind the stock market averages. Nobody can consistently predict the short-term ups and downs of the stock market. However, good businesses succeed over time. Our goal is to invest in a diversified portfolio of good businesses, purchased at reasonable prices relative to their long-term growth prospects.
Consistent growth in sales and earnings
Sustained increases in net worth
Good value relative to growth prospects over 3 to 5 years
Organic growth rather than financial engineering
Diversified across industries
Sell Discipline - Risk Management
In many ways, buying a stock is the easy decision — deciding when to sell is hard. As part of our risk management process, we may sell a stock from the portfolio for any of the following reasons:
The shares of the company significantly exceed our price target
The value of the shares becomes disproportionately large relative to the overall portfolio
There has been a significant deterioration in the fundamentals of the business
Underperformance of the shares relative to peers over an extended period of time
A political strategist once quipped that in his next life he wanted to come back as the bond market because that's where the real power is. And while many investors think that bonds trade in a dull, monolithic market, nothing could be further from the truth. There are many different sub-sectors of the bond market. One example is taxable bonds versus tax-exempt bonds. Each of those broad categories has numerous subsectors.
We seek to add value to our clients' bond portfolios through a "core and satellite" approach. We own a core of high quality bonds or bond funds and tilt our strategy toward those sectors that we judge to be undervalued and away from the sectors that we think are fully priced.
The chart illustrates this core and satellite approach to bond investing. It is not exhaustive of all sectors of the bond market but it does illustrate the point that there are many different sectors of the bond market and each can offer opportunities at various times.