Types of clients served:
Individuals, pensions and profit sharing plans, trusts, estates or charitable organizations, and corporations or business entities.
Types of investment advice offered:
Equity securities, corporate debt securities, certificates of deposit, municipal securities, investment company securities (variable life insurance, mutual fund shares), U.S. Government securities, and interests in partnerships (real estate and oil & gas).
Financial industry affiliations:
Ameritrade, Charles Schwab & Co., Dimensional Fund Advisors.
Participation or Interest in Client Transactions:
Mr. Prewitt may buy or sell for himself securities that he also recommends to clients.
Methods of Analysis:
Securities are initially compared to determine their performance relative to peer securities. Then they are reallocated to target classes taking into account taxes and transaction costs.
Asset class selection dominates portfolio construction. Portfolios are based upon efficient market theory, which contrasts with active management strategies.