Sanco Services
specializes in Private Portfolio Investment Management
and Asset Allocation. We design Diversified
Investment Portfolios, based on the classic 5% (maximum) per security model. Our
Investment
Management Style features the trading of
Investment
Grade Value Stocks
for reasonable, frequently
attainable, profits. Positions are
taken in well
established, profitable companies, held by Institutional Investors. Most portfolios
will also have some level of fixed income exposure dependent upon
individual circumstances. High Quality long term positions are taken in
Fixed
Income Securities that can be added to when prices move
lower and sold for profit when they move higher. Personal
Asset Allocation formulae are strictly controlled using The
Working Capital Model. We
do not look beyond the New York Stock Exchange for stocks that meet our stringent
Quality Requirements for Equity
Investments.
Sanco Services is a
Private
Investment Management Company,
able to conduct business anywhere. We
prefer to use just one full service brokerage firm to assure that our
clients receive the
level
of service, reporting, and attention that only a large relationship can demand.
But full service does not have to mean excessive transaction
charges.
We are not
interested
in becoming too large to trade consistently and effectively, AND we do not
include any of the growing list of popular Investment Products in the
portfolios we construct for our clients. Investment Manager Steve Selengut
sells
no investment products, receives no commissions on securities purchases or sales,
and absolutely never invests clients' assets in Open End (standard)
Mutual Funds or Insurance and Annuity company products.
At
Sanco Services, every client
account is different from every other account, and Investment Management Fees vary with the size of the total client
relationship. Every client, large and small, has direct and
personal contact with their Investment Manager, by telephone and
e-mail, whenever they have the need.
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We
try to minimize your risk level by:
-
Buying
only NYSE Investment Grade Value Stocks
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Diversifying
conservatively within Asset Allocation buckets
-
Insisting
on income from all securities purchased
-
Never
using margin debt as a strategy
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Every
investment manager recognizes the importance of some research!
Unlike most, though, we leave that to professionals and rely upon the
leader in the field (Standard &
Poor's
Corporation) to provide us with the fundamental and qualitative inputs
we need on a day to day basis. It is our belief that
the future, particularly that of the Stock Market and Interest Rates, cannot be predicted...
by even the biggest and brightest in the field. Thus, as prudent investors of O.
P. M. (Other People's Money), we attempt to minimize portfolio risk by investing
only in proven companies.
We focus
on things like corporate profits and dividend payment records. We have no tolerance for
the
"hype", of price predictions and media reports concerning management
expectations. Thus, we attempt to eliminate both "greed" and "fear"
from the investment equation. We estimate that our average
investment
management relationship exceeds $350,000 but we enthusiastically welcome portfolios of less than
$100,000. We have many relationships in excess of One Million
Dollars, and currently (06/09) manage nearly seventy million dollars of
Working
Capital for approximately
125 clients. Individual relationships range from under $40,000 to
several million dollars.
We try to provide a safe investment environment
for "Start-Up" portfolios under $40,000 where there is evidence of the
discipline needed to add to portfolios
regularly. Small portfolios are handled individually, but are generally invested in
CEFs.
(Please note that "we" always means "I". There are no
committees and only one Investment Manager.)
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| We
manage your Asset Allocation using the Working Capital Model.
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| Investment Manager Steve
Selengut has been interviewed on radio programs throughout the country about
his ground
breaking Investment Book,
"The
Brainwashing of the American Investor".
The book is a must read for
new and experienced investors alike as it explains the disciplines and
strategies that have been used by Sanco Services for more
than 30 Years. The two clients that were with Sanco Services when it
was founded in 1979 are still with the firm today. Sanco Services is
happy to provide investment management prospects with references who
can answer direct questions with respect to their personal and professional experience with
Sanco Services.
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| Sanco Services is different from most Investment Management
Businesses in at least five ways: (1) Investment Manager Steve
Selengut is personally available (on call and or by email)
for every client, large or small. (2)
Every portfolio is different from every other. (3) Sanco Services does
not bill for services in advance. (4) Sanco provides prospective
clients with references to contact at their leisure. (5) No Open End
Mutual Funds are ever purchased for client portfolios. |
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We manage
individual securities within the context of Market, Interest Rate, and Economic
Cycles.
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Sanco Services has been in the Investment Management
business since 1979. We occasionally do
Portfolio Review
and Analysis
for non-prospects and frequently release
Investment
Related Articles
and
releases to the media,
investment news groups, friends, and clients.
Mr. Selengut's
book,
"The Brainwashing of the
American Investor",
provides the rationale for the Investment Strategies and procedures
used by Sanco Services, while teaching
investors what they really need to know about handling their own investment
portfolios.
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| Sanco Services' most popular
portfolio type is what we affectionately refer to as the:
"You probably don't need an annuity,
really, Income Program"!
It emphasizes our unique strength in generating high levels of
realized income within a
portfolio that contains only high quality securities. This High Income,
Low(er) Risk, concept can produce significant cash flow and quite possibly more in annual spending
money for retirees than conventional annuities. It also eliminates the high
acquisition costs and portfolio depletion problems associated with conventional
annuity products. Believe it or not, annuities were designed
for people
of limited means! To be sure, our Income program is a non-guaranteed Income Stream, and most certainly
is not an annuity contract of any kind.
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| Sanco Services is an SEC and state
Registered (where required) Investment Advisor (RIA). We sell
no Investment Products of any kind and are not involved in Financial Planning activities. None of the comments on any page of this website
are intended to be predictions or guarantees of anything at all.
Anything presented throughout this website is simply the opinion of Steve Selengut and
should not be construed as anything else. One of the fascinating
things about investing is that there are so many differing approaches,
theories, and strategies. We encourage you to do your homework.
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We
try to keep client performance expectations in line with market,
interest, and economic cycle realities.
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