Investment Approach
Portfolios are constructed primarily based on the proper asset allocation consistent with the client’s investment goals.
Our Philosophy
Our Advisors place special emphasis on addressing specific requirements related to income, liquidity, capital appreciation, tax efficiency, and risk tolerance.
For the most part, portfolios comprise individual stocks or bonds and mutual funds and ETFs. Mutual funds and ETFs are used to augment the portfolio where individual holdings – such as international stocks or high-yield bonds – present a higher level of risk. The client may also impose investment restrictions, and this consideration is also part of the process of suitable asset allocation.
Our Process
Sippican Capital Advisors does not provide custody services or brokerage services. Clients may select a custodian bank or brokerage firm to hold their securities. Fidelity Institutional Wealth Services acts as custodian for the vast majority of the advisor’s clients but Sippican Capital Advisors manages assets for clients that are held at banks or other brokerage firms. The advisor can assist in helping with these arrangements.
Sippican Capital Advisors produces a variety of management reports including asset holdings and measures of performance that are delivered to clients independent of those provided by the custodian. Clients generally receive quarterly reports; however, they may choose to receive them monthly.