We manage our clients' assets using an holistic approach that incorporates equities, fixed income, and, depending on client needs and goals, options and other alternative investments. We believe equities form the cornerstone of a solid wealth management plan, and we define the equity investment philosophy of Bishop & Associates in simple terms: "Core Equity" and our motto is "Growth at a Reasonable Price". We buy quality stocks and we hold them to own and grow with them, not to trade them.
Our fixed income management focuses on cash management strategies, high-grade corporate bonds, government securities, and preferred and convertible securities. By working with numerous fixed income traders, we attempt to bring efficiency to an inefficient market. This can help lower costs, which can help increase return. Whether our clients seek high income, total return, or diversification, our high-quality bond portfolios are designed to deliver attractive risk/return attributes.
We have the expertise to sell covered calls against our equity holdings in an effort to improve total return. Even the best performers do not go straight up. Within the normal trading ranges of a security there are opportunities to hedge with calls without disturbing the underlying stock.
We are able to help our clients navigate the sometimes confusing world of alternative investments. Alternative investments are designed to improve diversification and enhance returns, and include hedge funds, commodities, private equity, and real estate. It is important for investors to exercise caution when deciding on alternative investments, and we provide the critical eye necessary for successful alternative investing.
