Gary Kauppila

Operates as a financial holding company which provides wealth, asset management, asset servicing and banking solutions

KCM is an active manager that aims to generate superior returns in the micro, small, and mid-cap domestic equity markets for their clients. The firm uses a detail-oriented, bottom-up proprietary research process driven by a team of more than a dozen sector-specific analysts. Primary drivers for their decision to sell a stock if a change occurs to alter their view of the likely progression of the business include: (1) delivering results below their expectations, (2) a management change, (3) a change in competitive dynamics, and (4) when valuations become full.

CAM believes that stocks of financially strong, undervalued companies will outperform broad market indices over normal market cycles. They use a team-based approach to search the universe of large-cap stocks where securities are liquid, company's management is dedicated to improvement and the estimated value of the company can be ascertained. CAM looks for sound companies whose stocks under-performed the equity market over the previous year, are currently valued at a discount to fair market value and exhibit p/e, price-to-cash flow and price-to-book values well below that of the equity market. Initial purchase price of each stock in the portfolio will generally be at or below its 12-month trading mid-point.

Timeless is a small-cap value manager. Their universe is similar to Russell 2000 index. They pare down their watch list to businesses preliminarily determined to be of high quality, independent of current valuation. Inclusion is dependent on ROI relative to cost of capital, past familiarity, management meetings and sell-side analysts, buy-side peers, periodicals and largest-decliners list. The firm's in-depth analysis seeks to determine industry stability, competitive position and management competence. They compare and contrast candidates to similar industries and companies with significant historical perspective.

Functions as a College/University

William Blair-IM is an active investment manager that utilizes a variety of methods and strategies to make investment decisions and recommendations. When evaluating investment opportunities, they employ fundamental and technical research methods using various resources.