Alan Adler

Provides investment and asset management services

ASBCM’s advisory services encompass discretionary investment advice for strategies in equities, fixed-income securities and real estate investments. The firm is organized into two separate divisions: ASB Investment Management (ASBIM) and ASB Real Estate Investments (ASBRE). ASBIM offers several different strategies, including two equity and three fixed income strategies while ASBRE provides investment portfolios for clients to invest in commercial real estate properties on a pooled and individually managed basis. ASBRE invests in real property through the acquisition of both equity and debt interests on behalf of its clients.

In structuring equity portfolios AMI is a long-term investor with a focus on large-cap value and growth. They utilize a disciplined top-bottom approach. At the 'top' they accumulate and analyze a broad range of economic data from which they formulate an opinion as to the direction and orientation of the world and national economies. They next evaluate the economy's impact on each business sector in order to select appropriate industries and themes for investment. In addition, an array of monetary, economic, valuation and technical market factors are monitored in a systematic manner to determine the appropriate level of stock market investment exposure. AMI applies this approach to the S&P 500 sector weightings and implements an over/underweighting of various sectors based on the conclusions of their economic models. Once the targeted sectors are identified, they begin the process of selecting the individual equity positions. The 'bottom' is thoroughly explored through a combination of fundamental and quantitative analysis to select companies that have demonstrated strong and consistent earnings, superior profitability and excellent financial strength. Any company that meets the firm's criteria is subjected to further analysis to determine that its management has demonstrated long-term success in their business and the company's prospects are fundamentally sound. Analysis includes contacting management, outside analysts and research sources to obtain additional opinions and validations. AMI's taxable bond investment strategy entails maximizing a client's total return while remaining sensitive to their unique requirements for quality, liquidity and income. Their emphasis is on the creation of short/intermediate maturity taxable bond portfolios with an expertise in profitably exploiting values uncovered in the secondary taxable bond market. Quality, high income and minimal price volatility characterize their bond portfolios. Through active management, the firm attempts to outperform an agreed upon taxable bond index. Their research process involves a detailed analysis of economic/interest rate trends, taxable bond sector/industry/quality spreads, credit quality and bond specialty features (calls, sinking funds, etc.). AMI's municipal bond investment strategy focuses on maximizing a client's after-tax total return while remaining sensitive to requirements for quality, liquidity and income. They focus on the creation of short/intermediate maturity municipal bond portfolios with a special expertise in profitably exploiting special values uncovered in the secondary municipal bond market. Their tax-exempt bond portfolios are characterized by premium quality, high income and minimal volatility.

CCTC seeks to generate attractive returns relative to appropriate benchmarks over a full market and business cycle. The firm employs conventional methods of selecting securities including fundamental research, technical analysis and cyclical timing. They do not focus on the typical categorizations of value/growth, small/mid/large capitalization, and domestic/international. Instead, CCTC diversifies portfolios by concentrating on sectors and their underlying industries.

Provides brokerage services

Functions as a College/University