Advisory Research | Commentary

What Does the First Rate Cut Mean for Stocks?

by Adam Steffanus, CFA on September 10, 2024

A Recession is Process not an Event Recessions are a reflexive process defined by the labor market, the timing of which is dependent on when people start losing jobs. Confidence and spending then decline which ultimately feed into corporate earnings – the main driver for stock prices.

Strategies: Select Dividend

Why We Strike a Value/Growth Balance in the Select Dividend Strategy

by Michael Valentinas on September 05, 2024

A Benefit of Dividend Growth: Balanced performance across market styles Dividend growth is a good indicator of management confidence, and it is something that we emphasize in our investment process. By focusing on dividend growth, rather than just high dividend yield, we are less cons …

Strategies: Select Dividend

Select Dividend Q2 2024 Investor Letter

by Advisory Research on August 13, 2024

A Late Summer Storm Just as European bankers sat down for their Aperol Spritz in St Tropez, the markets decided to interrupt the idyllic August summer holidays. The catalyst was likely technical in nature – the unwinding of a crowded Yen carry trade combined with one bad macro print. …

Strategies: Select Dividend

Investment Philosophy

by Advisory Research on June 26, 2024

JUNE 2024 - Select Dividend In the following clip, Select Dividend Portfolio Manager Michael Valentinas provides a high-level description of the investment team’s philosophy and their implementation of objectivity.

Strategies: Select Dividend

How are we Thinking About Inflation?

by Advisory Research on June 20, 2024

JUNE 2024 - Select Dividend In the following clip, Select Dividend Portfolio Manager Adam Steffanus discusses sticky inflation, the origins of the 2% target, and the potential for a higher Federal Reserve inflation target.

Strategies: Select Dividend

The Dominance of U.S. Tech

by Advisory Research on June 12, 2024

June 2024 - Select Dividend In the following clip, Select Dividend Portfolio Manager Adam Steffanus highlights how the size, profitability, and growth of Big Tech might justify some pretty expensive valuations.

Strategies: Select Dividend

What is the Advantage of Global Investing?

by Advisory Research on June 05, 2024

JUNE 2024 - Select Dividend In the following clip, Select Dividend Portfolio Manager Michael Valentinas discusses how, more and more, the investment team is finding high conviction, high dividend growth stocks in international markets.

Strategies: Select Dividend

Advisory Research & North Square Investments

by Advisory Research on May 15, 2024

In this podcast, Mark Goodwin, Chief Executive Officer of North Square Investments discuss the high-conviction equity strategy of Advisory Research Investment Management with Matt Swaim, Managing Director and Executive Chairman. Advisory Research is a partner firm in the North Square …

Strategies: News

Interview with a Capital Allocator: Investment Performance

by Advisory Research on May 09, 2024

During an interview with Mary Sullivan, CFA, CPA, the CFO of Susser Holdings II, a Texas family office, the portfolio managers of the Partners strategy, Matthew Swaim and Chris Harvey, gave their view on the increasingly pronounced niche of small cap market opportunities, including th …

Strategies: Partners

Interview with a Capital Allocator: Engagement with Portfolio Companies

by Advisory Research on May 07, 2024

Strategies: Partners

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What Does the First Rate Cut Mean for Stocks?

Why We Strike a Value/Growth Balance in the Select Dividend Strategy

Select Dividend Q2 2024 Investor Letter

Investment Philosophy

How are we Thinking About Inflation?

The Dominance of U.S. Tech

What is the Advantage of Global Investing?

Advisory Research & North Square Investments

Interview with a Capital Allocator: Investment Performance

Interview with a Capital Allocator: Engagement with Portfolio Companies

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Commentary

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About Advisory Research

Matthew Swaim, CFA

Chris Harvey, CFA

Adam Steffanus, CFA

Michael Valentinas

Bruce Zessar, JD, CFA

William Florida, CFA

Justin Lamb

Connor Prassas

Chris D. Crawshaw, CFA

Lisa N. Clarke, CFP®

Kevin Cialdella

Andrew Cupps

Sean Harmon

Jack Tracy