Letson Investment Management, Inc.

Letson Investment Management provides discretionary investment management centered on equity and fixed‑income portfolios, preparing written investment policy statements after reviewing clients’ needs, objectives and risk tolerance. The firm’s Form ADV notes it manages $296,314,745 on a discretionary basis and describes clients including individuals, high‑net‑worth individuals, profit‑sharing plans, IRAs, trusts, estates, investment partnerships and corporations.

The firm’s investment process relies on fundamental and cyclical analysis and employs both long‑term and short‑term trading strategies, with regular account reviews and reporting delivered through a third‑party client portal. LIM typically implements portfolios through custody relationships with Fidelity’s institutional platform, which it uses for trade execution, research access and back‑office support; it does not participate in wrap fee programs or charge performance‑based fees.

Distinctive for a two‑advisor supported firm, LIM’s scale and client mix extend beyond typical retail households to include institutional and non‑retail relationships; the firm’s broader ADV reporting indicates relationships with less common client types such as sovereign wealth funds, banking or thrift institutions, state or municipal governments, insurance companies and other investment advisers. The brochure also highlights governance and compliance features—a formal Code of Ethics, pre‑approval and reporting requirements for employee trading, full discretionary authority, and a policy to leave proxy voting to clients—that align with practices used by firms serving institutional clients.