Wally Obermeyer

Obermeyer Asset Management's investment philosophy is based upon a commitment to fundamental research and analysis. They utilize a comprehensive, research-based investment process that remains highly focused regardless of market conditions. They generally manage each portfolio utilizing a multi-sector/multi-style approach with the goal of producing superior long-term, risk-adjusted performance. The firm first examines their clients' overall financial position and cash flows to develop an appropriate investment strategy. They attempt to determine an optimal asset allocation and choose investments within that framework that have favorable reward-risk characteristics. Depending upon client objectives, they typically align portfolios on a tax sensitive basis among four major asset classes: cash and cash equivalents, fixed-income instruments, stocks and equity mutual funds and alternative investments. Obermeyer actively manages the cash position of portfolios by choosing from a variety of instruments to maximize yield and provide safety and liquidity. They invest in money market funds as well as certain short-term instruments such as commercial paper or government agency debt. The goal of the firm's fixed-income strategy is to achieve a consistent level of added value through the active management of fixed-income portfolios. Portfolios may be managed to emphasize total return, income cash flow, or a balance of the two, depending upon client needs. In conjunction with these investment goals, the firm applies the goal of capital preservation as a common element. For individual stocks, Obermeyer's analytical approach includes reviewing a company's published SEC reports and building detailed models that approximate the company's intrinsic value based on discounted cash flows. Additionally, they consider potential catalysts for incremental growth such as new products, demographic trends, or a changing cost structure. To help certain clients achieve diversification, they may evaluate and utilize no-load mutual funds that have the following characteristics: low cost, tax efficiency and a strong track record of superior risk-adjusted performance. Alternative investments typically include investment partnerships, hedge funds and private equity funds.

Provides investment advice

Functions as a College/University

Functions as a College/University

Obermeyer Wood is a long-term investor that focuses primarily on common stocks, both domestic and foreign, and as appropriate, various types of bonds, mutual funds, and ETFs. The firm's investment strategy is based on the well-documented observation that long-term investments in carefully selected common stocks (equity) have provided attractive long-term returns that have exceeded general inflation and fixed-income returns. In addition, Obermeyer Wood will suggest a ratio of equity investments, fixed-income (bonds), and cash that seems appropriate to the client’s individual circumstances and the relative long-term attractiveness of the various asset classes.

Provides investment advisory services