Brian Zahm

MLAM's worldwide approach to equity investing uses a philosophy of identifying relative value among individual stocks and stock markets by focusing primarily on two variables: reinvestment rate and the price-to-book value ratio. There are seven additional screens employed to further refine the process. The factors used to identify value include price-to-cash flow, price-to-earnings ratios, past and future earnings growth and dividend payouts. For asset allocation, a country whose market valuation measurements seem consistently above or below world averages or its own historical averages are over or under-weighted accordingly. The degrees of over or under-weighting are determined by relative economic prospects as measured by the outlook for GNP, inflation and interest rates of each country and their impact on currency movements. By combining a value approach to individual stock selection with asset allocation by country, the firm seeks to achieve consistent performance relative to international equity indexes. MLAM combines top-down and bottom-up analysis and uses proprietary models as part of their research process. Their funds are team-managed.

SMITH HAYES Advisers' security analysis methods may include fundamental analysis, technical analysis or a combination of the two. The firm may use no-load open and closed-end mutual funds, including ETFs, which grant access to markets where they either cannot provide adequate expertise or where the client could not acquire sufficient corporate bonds, REITs, or other specific investment products.

Provides brokerage services

Provides brokerage services

Functions as a College/University

Functions as a College/University

DAD-IM offers a variety of equity and taxable/tax-exempt fixed income investment strategies. Each of their investment strategies adheres to the core elements of their investment philosophy, taking a long-term, research-based, and risk-aware approach.