EQUITY MANAGEMENT

Because we view opportunity and performance from a longer-term perspective, Obermeyer's equity management approach is characterized by several compelling factors.

• A consistent, value-driven discipline informs buy and sell decisions. A relentless pursuit of value, combined with a focus on controlling risk, uncovers promising potential -- what we call "investing with a margin of safety."
  
• Our team culture and our collaborative decision-making process support dynamic information exchange and knowledge sharing on securities, markets, and investment opportunities -- intelligence we bring to our clients as well as to the management of their assets.
  
• Our independence clarifies our thinking, frees us from the arbitrary benchmarks that potentially can limit creativity, and empowers us to act with absolute objectivity in support of our clients' needs.
  
• Our rigorous research process is critical to our pursuit of value, as it surfaces many of the issues that can compromise the worth of our investments.
  
• Our adherence to the concept of "balanced diversity," rather than "diversity for diversity's sake," allows our clients to take material positions in select companies, enhancing the potential impact of each investment we make.
  
• Our size enhances our ability to take positions in a wider universe of securities than large money managers.
  

For many of our clients, equities are the cornerstone of a wealth-enhancement strategy. However, certain market environments warrant further diversification beyond the U.S. equity market. To that end, we've created a robust investment platform, including multiple asset classes, which enable us to make strategic global investments, while never losing sight of one goal: enhancing the risk/return profile of each client's portfolio.