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Advantages

We believe that the following combinations of customer service and investment acumen are the advantages of HCM:
  • Relentless focus on the client. We proactively engage our clients to work toward their long-term goals. We have the ability to assure our clients that their portfolio will be managed in-line with their goals, objectives, and investment policy statement. We will assign a four-(4)person team to their account, and these individual team members will be readily accessible for client inquiries and to attend their meetings.  
  • HCM’s high level of integrity. Our firm has never had any enforcement issues with Federal or State regulators, nor has the firm been involved in any lawsuits. Further, no present HCM employee has ever had any sanction, reprimand, or any other ethical claim against them - individually or as part of a group. As stated in our mission statement, our goal is to carry out our mission ethically, and we do this on a day-in and day-out basis. 
  • HCM’s experienced team. Our Investment team has an average of 27 years professional experience and 11 years with HCM. Every one of our portfolio managers maintains either the CFA designation.
  • HCM’s disciplined investment process. If one looks over time at the successful investors of our day, the key characteristic they all share is a disciplined approach to investing. The market is constantly changing between growth and value, between large, mid, and small cap; however, HCM never wavers from its fundamental bottom-up stock selection, which is the foundation for our multi-cap core style. The combination of our disciplined investment process and our experienced team has led to a competitive long-term track record.
  • HCM’s long-term investment approach. Our investments have a typical investment horizon of three to five years as evidenced by our low turnover ratio (historically 20% - 35%). We feel this allows us to look past the quarter-to-quarter hype on which most investors concentrate. This long-term focus enables us to realize lasting value for our clients’ portfolios.
     
  • HCM’s generalist investment structure. Our investment managers are all generalists in regard to both sector coverage and capitalization sizes. This enables them to seek out what they consider the absolute most attractive investment opportunities as opposed to picking the best ideas within a sector or market capitalization range.
     
  • HCM’s appreciation for contrarian thought. Our investment managers are encouraged to express contrary opinions and ideas. We feel that we cannot add a meaningful amount of value following the herd. We therefore encourage the exploration of unconventional investment theses when appropriate. We attribute our success in this area to a combination of the varied backgrounds of our investment team.
     
  • HCM’s risk management process. We employ risk management on both a stock-by-stock basis and a sector concentration basis. We have no sector or stock weighting targets. We do employ weighting caps for both of these factors. We limit individual equities to no more than 7% of the portfolio’s equity allocation. We limit economic sectors to no more than 25% of the portfolio’s total value. We manage down-side equity risk on an individual stock basis using a team approach.