Investment Philosophy

Palisade portfolios are built on our philosophy of carefully selecting high quality individual securities. We perform a rigorous analysis and review on each security prior to purchasing such security for clients. We generally buy growth stocks for our equity portfolios and higher rated bonds for our fixed income and balanced portfolios, both of which are bought at reasonable valuations. Since our stocks are of higher quality, we traditionally hold them for longer periods of time to maximize tax efficiency and allow the power of compounding to build wealth for our clients. In addition, our emphasis on high quality securities has historically provided lower portfolio volatility. Our fixed income securities are usually held until maturity with changes made in response to excessive valuation, fundamental, or quality changes. This lower turnover approach has demonstrated to be an effective way for portfolios to build wealth over the long term.