Royden P. Durham

Provides brokerage services

Sachs is a value investor.

Aquila’s Group of Funds offers tax-free and taxable alternatives for investors seeking income, and includes seven single-state municipal bond funds and a high-yield corporate bond fund. The Aquila Group of Funds also offers an equity fund alternative for investors seeking capital appreciation.

JPMorgan-IM helps clients protect and grow their wealth across generations, creating the potential for them to achieve the vision they seek for themselves, their families, their businesses and their legacies. Clients benefit from a range of expertise that spans investments, wealth structuring, trust and estate planning, credit, banking and risk management.

Investment management

Functions as a College/University

Provides brokerage services

The Louisville Trust Co.'s investment strategies include growth, value and income. The firm employs their own economic, equity and fixed-income research. They believe in disciplined diversification among many investment styles. The firm actively manages their accounts. The firm's growth strategy looks for companies that are offering new products or services and that are leaders in their industries. They use technical indicators to reveal stocks that break out on higher volumes and fundamental analysis to identify companies with appreciation potential. The Louisville Trust Co. sells securities when the company's fundamentals deteriorate or when a better investment alternative is found. The firm's growth equity process includes an emphasis on companies that have superior growth rates and the charting of patterns that show stock appreciation on higher than average relative volume. They look for companies with revenue and earnings growth and recent signs of accumulation indicating renewed investor interest. The Louisville Trust Company's value investment strategy seeks undervalued securities with basic investment value and a reduced level of risk. They use technical indicators and fundamental analysis to identify industries that meet their value criteria. The Louisville Trust Co. is a long-term investor. They establish a price objective for each stock selection. They will sell a security when it has met its price objective, when the company's fundamentals deteriorate or when a better alternative is found. The firm's equity process includes an emphasis on seasoned, established companies that are available at a price discount from their book or takeover value and significantly below previous highs. Companies should have sound valuations with below average price-to-earnings or price-to-sales ratios, real revenue and earnings growth, positive cash flow developments and dividend growth. They also look for recent signs of accumulation indicating renewed investor interest. For fixed-income accounts, the Louisville Trust Company seeks to produce the highest level of income that is consistent with safety of principal. They focus on buying quality. The firm's fixed-income investment strategy includes: (1) a focus on investment grade quality to reduce risk and preserve capital (2) evaluation of risk versus yield reward (3) duration and forecast for interest rate environment and (4) active management to reduce volatility and maintain income levels. The Louisville Trust Co.'s fixed-income investments include BBB+ rated or better corporate bonds, US Treasuries and foreign government bonds. Preferred stocks, convertible bonds and dividend-producing income stocks provide a competitive level of income and a hedge against inflation, with potential for an increasing income stream.