Our Process
P.F. Roberts & Associates understands that selecting the right financial advisor is an important decision for you and we appreciate you taking the time to get to know our firm. Now, more than ever, it is especially important to find and build a long‐term relationship with an advisory group that will put you on your way to achieving your life goals and defend against the things that might undo them.
P.F. Roberts & Associates provides investment advice and recommendations with a focus on income securities listed on the major exchanges. In addition, our Advisors will conduct transactions for clients wishing to make investment decisions on their own.
Account Portfolio Management
Our advisors will emphasize continuous personal client contact and interaction in providing discretionary or non-discretionary investment supervisory services. Further, we will work with our clients to identify their investment goals and objectives as well as risk tolerance in order to create an initial portfolio allocation designed to complement your goals and objectives. We will create a portfolio, consisting of individual stocks or bonds; electronically traded funds; no-load funds and/or load-waived funds (front-end commissions will not be charged).
Investment strategies may include long term buy and hold, short-term trading, short sales and option writing strategies. Each portfolio will be initially designed to meet particular investment goals. Each client will have the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Our strategy, generally, will be to seek to meet client investment objectives while providing clients with access to personal advisory services.
Methods of Analysis, Investment Strategies and Risk of Loss
PRA offers advice on the following: equity securities, warrants, corporate debt securities, commercial paper, certificates of deposit, municipal securities, investment company securities (mutual fund shares), U.S. government securities, options contracts on securities and commodities, and interests in partnerships investing in real estate.
The security analysis methods used by PRA include charting, fundamental analysis, and technical analysis.
PRA primarily uses the following investment strategies to implement any investment advice given to clients: long-term purchases, short term purchases, trading, short sales, margin transactions, and option writing including covered options, uncovered options or spreading strategies.
PRA primarily uses the following investment strategies to implement any investment advice given to clients: long-term purchases (securities held at least a year), short term purchases (securities sold within a year), trading (securities sold within 30 days), short sales, margin transactions, and option writing including covered options, uncovered options or spreading strategies.
Fundamental Analysis: This type of analysis is based on information provided by corporate officers as well as market research and opinion of Research Analysts.
Technical Analysis: Technical Analysis is successfully used in the financial world. The method relies principally on the various statistics related to price and volume changes and their relationships. These relationships have been studied, established and investment strategies based on these have been put forth in various publications.
Review of Accounts
Patrick Roberts, President and Chief Compliance Officer, reviews all accounts on at least a quarterly basis.
More frequent reviews may be necessary due to the client’s individual circumstances, economic conditions, general factors affecting the stock market, etc.
Clients who engage in trading based on their own research and for whom PRA facilitates such trading receive updates on their accounts at least each time they execute a transaction.
Clients will receive transaction confirmations and/or statements monthly or at least quarterly from their account custodians. Collectively, these reports will list client’s account holdings, transactions and fees paid to Spartan Capital Management, Inc. dba P.F. Roberts & Associates.
All clients receive monthly performance report summaries and quarterly performance reports in greater detail generated by Morningstar. Additionally, certain high net worth clients receive monthly reports detailing dividend and interest income schedules.
Custody
All client assets are held at Charles Schwab & Co. Additionally, PRA provides monthly Performance Reports to clients, which should conform in various aspects to the statements provided by the custodian, Charles Schwab.