Allen & Co. News

Matching Return Expectations with Integrity

6/30/2010

Although used almost exclusively as a synonym for honesty, integritys deeper meaning includes a character quality that demands one face reality. Financially, this requires one to accept present circumstances and situations exactly as they are; not how one wishes they were, longs for them to be, or hopes they will be.

Applied to investing, integrity requires that we maintain proper expectations with respect to returns on our investments. In the past decade, we have experienced two distinct investment bubbles (dot.com era/real estate). Excessive positive returns followed by excessive negative returns have diminished investor confidence, and have lead to both indecision and confusion. The euphoria of easy money has been crushed by the disappointment of devastating losses.

Investing with integrity requires us to avoid the noise of co-worker, neighbor, and media hype, and to embrace a financial plan which appropriately matches our personal risk tolerance with our long-term wealth accumulation goals.

A wise man once said, the plans of the diligent lead to profit as surely as haste leads to poverty. Today is the first day of the rest of your investment life..do it with integrity.

Integrity, Trust and Experience have been the driving force that has provided Allen & Company the opportunity to provide Wealth Management and Retirement Planning to our clients for 78 years.

Our Vision & Mission At Allen & Company it is our vision to be the primary financial advisor to individuals and businesses within the communities we serve. It is our mission to be the premier provider of superior financial management services to our clients, guiding them to grow, protect and plan for the prudent transfer of their wealth. We always place our clients interest first. We strive to be the best place to work and we enhance the quality of life in our communities.

Author - Scott McHugh is the Development Director with Allen & Company and serves on the Board of Directors for the firm. He has been in the Wealth Management industry for 25 years.