Parish Investments manages client wealth in a fundamentally different way than the average investor. Our obligation to make prudent investment decisions on behalf of our clients requires a disciplined investment process designed to achieve competitive long-term returns while controlling risk. We replace emotion with the fundamental logic needed to make careful, rational choices.
Our investment philosophy is based on diligent research, quality long-term investments, tax efficiency and client communication. Our disciplined investment strategy can be successfully executed through various market cycles.
Four economic environments and asset allocation strategies are recognized by Parish & Company. The current environment is defined as “balanced/conservative.”
|Environment||Stock and Stock Funds||Low Risk Fixed Income|
|1) Growth||75 percent||25 percent|
|2) Balanced||50 percent||50 percent|
|3) Conservative||25 percent||75 percent|
|4) Wealth Preservation||0 percent||100 percent|
The following summary is a matter of public record openly communicated to leading members of the financial community, business press and was the foundation for all client decisions.
|Summary of Forecasts and Recommendations||Overall Allocation|
|1994 – 1999||Growth|
|2003||Balanced as of August 1, 2003|
|2004 – 2007||Balanced|
|2008 – 2009||Conservative / Wealth Preservation|
|2010 – 2018||Balanced / Growth|
|2019 – 2020||Balanced / Conservative|
Note that not all clients have the same goals, for example, some may desire a conservative portfolio during a period defined by Parish Investments as “growth.” In addition, past recommendations do not in any way guarantee the success of future recommendations.