Nichols & Pratt, LLP, Trustees and Fiduciaries

Nichols & Pratt, LLP About Investment Philosophy

In general, clients will find that we emphasize low turnover and high quality when implementing the following investment philosophy for their assets:

EQUITIES
Equities are used as our primary vehicle for achieving long-term growth of capital and income. Generally, the companies which are on our list are leaders in their industry and have strong finances, superior management and good prospects for long-term earnings and dividend growth.

FIXED INCOME
Bonds are used to generate income and to provide safety rather than to generate trading profits. Accordingly, bonds are primarily selected from United States Treasury and tax exempt state and municipal obligations with high credit ratings and are normally "laddered" and held to maturity.