Wealth ManagementInvestment Management
The investment philosophy in the Wealth Management Group at First National Bank is based on a value-oriented, fundamental approach to security selection. The discipline and commitment to this process have been keys in generating long-term performance.
Portfolios consist of stocks, bonds, mutual funds and ETFs and are built around a "Core and Satellite" philosophy. The "Core" of the client's portfolio consists of large capitalization companies with a solid financial position, strong management and a healthy business outlook. The "Satellite" portion consists of other asset classes, tactically allocated as a complement to the core in order to increase return potential and decrease the overall volatility of the portfolio performance. It is a time-tested approach designed to mitigate risk and optimize performance.
Most importantly, the portfolio management process is handled locally. The asset allocation and investment objective are based on a thorough understanding of the client's situation which has been derived from the Financial Planning Process and an ongoing dialogue with the client.
