Terry Joseph Soffera

PG selects from a universe of investment options that include large-cap growth stocks, fixed-income instruments, specialized mutual funds and private investments. They invest only in those securities consistent with each client's goals and tolerance for risk. PG's equity investment strategy's focus is on industries participating in dominant themes with strong secular growth patterns characterized by such factors as low cost producer/provider, dominant market share/strong franchise, rapid unit growth and global opportunities. Their fixed-income strategy has an emphasis on active bond management. They pinpoint opportunities to enhance return potential as market conditions change, establish targets for duration and average maturity and monitor changes and trends in credit ratings. PG uses intermediate-term fixed income instruments with a return potential comparable to that of long-term bonds, but with far less risk and chance of loss. Their investment policy committee meets frequently to review macro-economic considerations, asset allocation, equity sector weightings, fixed-income duration and individual security selection.

The Swarthmore Group uses a combination of fundamental, technical, and quantitative analysis to determine which securities are suitable for investment in client portfolios. Although they incorporate all three research methods, the firm employs fundamental analysis research most often. Their investment process utilizes a bottom-up approach with a macroeconomic overlay.

Provides investment advice

Investment management

Functions as a College/University

Sterling Asset Management (SAM) manages low cost, low risk portfolios that provide a balance between active and passive investment management. The firm offers fixed-income products and equity index products. Though not limited by sector, the firm tends to invest in the stocks of companies in the finance, retail and energy minerals sectors. Although most of their investments are in the stocks of US companies, SAM also invests in Europe, Asia and Latin America. They invest across all market-caps, with emphasis on the stocks of large-cap companies. SAM maintains a very low turnover rate. SAM's fixed-income products include: Core Fixed-Income, Intermediate Fixed-Income and Enhanced Cash. Their fixed-income strategies seek to maximize income returns over time and emphasize building portfolios with a yield. The firm's fixed-income process focuses on security selection and sector rotation and seeks to take advantage of yield curve changes and to control portfolio effective duration. SAM limits portfolio volatility through the use of a well-defined duration strategy and controlled sector weightings. The firm regularly evaluates the relative attractiveness of the highest yielding fixed-income sectors with an emphasis on corporate bonds and MBS. SAM's Core Fixed-Income strategy seeks to outperform its benchmark over a full market cycle by capitalizing on market inefficiencies and controlling portfolio volatility. The strategy focuses on investment grade US fixed-income securities. The firm seeks to identify market inefficiencies through individual credit research and macro economic forecasting. Value is added primarily through a sector rotational strategy that focuses on the corporate bond and government agency sectors. Duration is managed within +/- 10% of the benchmark. Portfolio diversification maintained at all times through minimum portfolio exposures across all major sectors. The average credit quality of SAM's Core Fixed-Income Strategy is AA and the average portfolio duration 4.5 years. Tracking error ranges from 0.00% to .50%. Portfolios are benchmarked against the Barclays Capital US Aggregate Index. SAM's Intermediate Fixed-Income strategy seeks to outperform its benchmark over a full market cycle by capitalizing on market inefficiencies and controlling portfolio volatility. The strategy focuses on investment grade US fixed-income securities. The firm seeks to identify market inefficiencies through individual credit research and macro economic forecasting. Value added primarily through a sector rotational strategy focused on the corporate bond and government agency sectors. Average portfolio duration 3.5 years and duration is managed within +/- 10% of the benchmark. Portfolio diversification maintained at all times through minimum portfolio exposures across all major sectors. The average credit quality of SAM's Intermediate Fixed-Income strategy is AA. Tracking error ranges from 0% to .5%. Portfolios are benchmarked against the Barclays Capital Intermediate Government/Credit Index. SAM's Enhanced Cash product can be customized to meet a client's specific cash flow needs. This product seeks to provide a higher level of income than that is available in traditional money market funds. For all portfolio types, liquidity is very high and same day liquidity is available if necessary. The firm's Enhanced Cash product focuses on short-term fixed-income securities, primarily US Government agency and high quality investment grade corporate bonds. SAM seeks to identify market inefficiencies through individual credit research and macro economic forecasting. Value is added primarily through a sector rotational strategy focused on corporate bonds and government agency securities. Duration is managed within +/- 10% of the benchmark. Portfolio diversification is maintained at all times through minimum portfolio exposures across all major sectors. The average credit quality of SAM's Enhanced Cash product is AA. Average portfolio duration 1.5 years. Tracking error ranges from 0% to .5%. Portfolios are benchmarked against the US 90 Day Treasury Bill. The firm's TIGERS Equity Index products include: the TIGERS Revenue Weighted Large-Cap Index, the TIGERS Revenue Weighted Mid-Cap Index and the TIGERS Revenue Weighted Small-Cap Index. These index products focus on growth that is enhanced by revenue. Each product begins with the identification of a market-cap weighted equity index. Each company in the index is ranked by trailing 12-month revenues and weighted from the lowest to the highest. SAM employs data available from September 30 financial reports each year. The entire portfolio is rebalanced in December of each year with weightings based on the September 30 data for trailing 4 quarters revenue. The products do not select specific stocks, but rather invest in the entire index.