Biltmore Investment Approach

In line with the emphasis on personal service, portfolios are designed with the individual’s needs and objectives in mind.  There are no pre-packaged products or proprietary mutual funds.  Using the criteria outlined below, each individual portfolio is created to meet the specific needs of the client.   In some cases this will mean using individual stocks and bonds, in other cases the client may be better served with mutual funds, or some combination of both types of investments.

Whatever investment vehicle is used, you can be assured that it will be discussed with you and recommendations will be made with your best interests in mind.

Fixed Income Investing

As far as fixed income or bond investment are concerned, fixed income securities are relied upon for two characteristics: steady income stream, and as a way to stabilize a portfolio.  Maturities are kept in the short to intermediate range and only high quality investment grade bonds are recommended.  This is true whether a client needs involve investments in municipal, corporate or U.S. Government instruments.

It is our belief that there is not a significant reward to warrant the risk of investing in low quality or longer-term bonds.  In order to control the quality and term of the bonds, we do not invest in Bond Mutual Funds, but rather select individual bonds for our portfolios.

Equity  Mutual Funds

Mutual Funds offer diversification for portfolios and provide an opportunity to expose portfolios to a broad range of specialty investment styles.  Those styles may include:

  • Large Capitalization Stock Funds
  • Mid-Capitalization Stock Funds
  • Small-Capitalization Stock Funds
  • International Stock Funds

The Stock Funds may also represent the 3 broad investment strategies of growth, value and blend.

Biltmore has no proprietary funds.  All mutual funds used are no-load funds, so there are no hidden incentives to promote one fund over another.  In this way, the client can be assured that they are receiving unbiased advice based on their individual needs.

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