Asset Management Associates

Asset Management Associates provides portfolio management and financial advisory services to individual investors and a variety of smaller institutional-type clients, including small pension and profit-sharing plans, charitable institutions, foundations, endowments, trusts and small business accounts. The firm manages both discretionary and non-discretionary accounts and works with clients across a wide range of net worth.

The firm combines fundamental and technical analysis with an emphasis on asset allocation, using mainstream, highly liquid vehicles such as ETFs, no‑load mutual funds, and individual stocks and bonds, and generally favors a longer‑term buy-and-hold posture while making tactical adjustments as market conditions warrant. Accounts are monitored regularly (the brochure describes weekly oversight and at least annual, in-person reviews), and the adviser typically seeks discretionary authority to implement investment decisions consistent with client objectives.

Notably, the brochure specifically lists charitable organizations, foundations and endowments among its client types — a client mix that is less common among independent advisers — and describes practices intended to support fiduciary oversight for those accounts. The firm also documents a written code of ethics adapted from Rotary International’s “Service Above Self” principles, a stated process for addressing client service concerns (including consideration of fee reimbursement in certain cases), and custody arrangements using Charles Schwab.