We partner with a number of seasoned professionals. Learn more about our Estate Planning Services.

You can view and download it here: Form CRS

You can view and download it here: Form ADV Part 2A Disclosure Brochure

Yes. We are long-term investors; generally, our ownership in a company will last for years, not months or days. We want to drive results over time by owning businesses that pay dividends and, in most cases, have a history of raising those dividends. Both long-term capital gains and dividend income are taxed at a lower rate than ordinary income.

We mitigate risk primarily at the time of purchase. We attempt to buy at a discount as opposed to chasing shares and paying a premium. As value investors, we seek out-of-favor and temporarily mispriced securities that have already declined in price. If our timing is correct, some of the price risk is taken out of the equation. We also control the amount and/or the percentage of a portfolio invested in any one specific holding. If something goes wrong for one of the businesses, the overall downside risk to the whole portfolio is limited. There are numerous ways to hedge a portfolio. As conditions have warranted, we have utilized a

Trading for trading’s sake is kept to a minimum here at CORDA. We take a long-term view, ideally holding a business for a few years, reaping the dividends along the way. If the shares were purchased appropriately, capital appreciation will follow. We are active and vigilant, monitoring our holdings daily, but not flipping securities in the short-term.

Whether you are searching for growth or income, dividends are important because they have accounted for over 40% of the market’s total return since the 1920’s.

As we build a client portfolio, we strive to be 2 – 2.5 times the dividend of the S&P 500. We prefer to own businesses which pay between a 3% – 6% dividend yield in today’s market environment. The sustainability and ability to grow the dividend over time are two factors we strongly consider when making an investment.

(Please note that dividends are not guaranteed and may fluctuate.)

A client portfolio will generally consist of 25-30 individual businesses.

A client portfolio will generally consist of individual stocks. However, when the fixed income market looks attractive, a client portfolio may also have exposure to individual bonds.