"Enterprise Investment Advisors is committed to keeping our clients informed, engaged, and up-to-date on a range of timely and complex issues that may impact their investment plans. We pride ourselves on being accessible and prepared to address our clients concerns at any time."

– Patrick Connerty, MSF
Vice President, Senior Relationship Manager

Transparency, Information and Insight:

Investment management resources from Enterprise Investment Advisors


Informed investors are in the best position to protect and grow their assets. At Enterprise Investment Advisors, providing current market insights – and complete transparency regarding our investment strategy – plays a critical role in our relationship with clients.

Investment Letter

Quarterly updates on the state of the markets, their impact on investments and our responses to evolving conditions.
Quarterly updates Archive

Weekly Report

Weekly Reports on the state of the markets, their impact on investments and our responses to the existing climate. Weekly Reports Archive

Quarterly Conference Calls

Click Here for more information about a conference call regarding topics like:

Q-Eternity: Tale of the Taper

  • Brief recap of 3rd Quarter
  • How will stocks and bonds react to the tapering?
  • Is your fixed income allocation positioned properly?

Published Articles

Our thought leaders address key investment topics such as retirement planning, college savings, beneficiary reviews and more.

FAQs

Find answers to frequently asked questions – about investing in general or about working with Enterprise Investment Advisors.

Why choose Enterprise Investment Advisors?

Evidence has shown that successful investors have typically developed a written plan identifying their financial goals. While there are no magical formulas to make one a successful investor, a well defined investment plan can be as easy as six simple steps:

Our Commitment to the Client: Enterprise Investment Advisors’ philosophy is deeply rooted in the tradition of providing personalized investment service to each client. Our mission is to design and maintain portfolios that provide the income, growth potential, and risk tolerances that match our clients comfort levels and exceeds their financial expectations.

Our Staff: At Enterprise Investment Advisors’ we believe high-quality service begins with a well trained diverse staff. Our team consists of a team of professionals adept in a number of financial and investment disciplines. Our staff of professionals has been managing investment portfolios for nearly 20 years.

Our Experience: Our staff is comprised of seasoned professionals with experience in the fields of banking, trust and investment services. We are recognized in our field as leaders in estate planning, employee benefits, trust administration and portfolio management.

Our Objectivity: At Enterprise Investment Advisors’ our investment philosophy includes an “open architecture” approach to investing your funds. An open architecture system adapts to your needs, rather than forcing you to adopt the limitations of the financial institution. Our process of investment analysis ensures that your portfolio includes the most suitable investments based on your goals.

Our Discipline: In delivering investment management services, our goal is to provide clients with a comprehensive personalized investment program that considers sound economic financial principles and adheres to the Prudent Investor Rule. Our decision-making process will focus principally on long-term investment results within the confines of our client’s risk tolerance.

Our Independence: As a locally based financial institution our overriding mission is to serve the financial needs of each client. Successful completion of our mission supports the communities we serve and ultimately enhances shareholder value.

Why bother with financial planning?

Retirement security is one of the prime reasons for financial planning. Your chances for a secure retirement increase when you develop a plan and exert the self-discipline to stick with it. A good plan is based not only on sound investment strategy suited to your special needs, but also anticipates the risks along the way to retirement, such as the disability of you or a loved one.

What are the strategies for investment success?

Evidence has shown that successful investors have typically developed a written plan identifying their financial goals. While there are no magical formulas to make one a successful investor, a well defined investment plan can be as easy as six simple steps:

  1. Outline your goals. Determine your investment goals, assess whether you’re investing for college, retirement, a home or a combination. By identifying your goals, an investment strategy can be structured to provide a road map to achieve investment success.

  2. Know your time horizon. How long do you have until you’ll need the money? Setting time frames for each of your goals is key because it can help determine how long your money can be working for you. Determining a time frame for each of your goals will guide you as you select the investment options.

  3. Identify your style. As you begin your journey into the world of investing, it is important to understand what your investment style is, in other words, what is your risk tolerance? Some investors are risk takers by nature, while others prefer the security of cash in the bank. Most investors fall somewhere between these extremes. They are willing to assume some risk and understand the potential rewards associated with it. One’s style is determined by age, personality, financial experience, and financial circumstances.

  4. Determine your asset allocation. Asset allocation is the way in which you apportion money across various classes of investments, including stocks, bonds and cash reserves. The objective is to select an allocation that supports one’s goals at a comfortable level of risk.

  5. Diversify your portfolio. You can reduce the level of market risk in investing by distributing investment dollars among different markets, industries and sectors.

  6. Monitor performance. Spend some time reviewing your overall portfolio performance. Don’t focus on one investment; rather keep your eye on the big picture. If your portfolio begins to drift from the selected allocation, evaluate your preference and rebalance.

Why is asset allocation considered paramount in investing?

The asset allocation decision, or how a portfolio’s investments are divided among different asset classes, has the largest impact on overall performance of your account. According to Markowitz’s 1990 Nobel Prize winning theory, almost 92% of your investment returns depend on how your assets are allocated among the different classes, while only 2% is due to the actual stocks and bonds you choose to buy. Asset allocation has a more significant affect on performance returns than industry weighting, stock selection, market timing or any other portfolio management decision.

How often should I change my asset allocation?

Your asset allocation should reflect your current investment objective. An investment mix that suited you when you began investing may not be appropriate today. Just as one progresses through an evolutionary life cycle, your investment objective will encompass a similar pattern of change. Major changes in your personal life, financial situation and time horizon can make your investment mix obsolete. Your investment plan is a long-term investment commitment and should not be altered because of short-term performance or to follow a group mentality.

Why is it necessary to diversify one’s portfolio?

The goal of diversification is to protect the value of your overall portfolio against a decline of price in a single security and/or a market sector downturn. When a portfolio is diversified, investable dollars spread across different asset classes or types of securities, the different investment alternatives tend to counterbalance one another and help reduce risk. Diversification cannot eliminate the risk of fluctuating prices but it can reduce overall portfolio volatility.

What are the risk and rewards of investing in cash reserves, bonds and stocks?

Cash reserves: Cash reserves are monies that you don’t need to invest or spend immediately, yet you want this cash to be earning as much interest as possible until the investment decision is made. Cash reserves are noted for their liquidity, stability and in most instances, safety is a consideration. Three of the most popular cash reserve instruments are money-market funds, certificate of deposits and short-term Treasury Obligations.

Bonds: Bonds are debt securities, the holder of a bond is a creditor of the issuing entity. The bond represents a loan of the issuer and the holder is entitled to a specified rate of interest over a specific time period in addition to the face value of the instrument at maturity. Bonds are ordinarily chosen for the potential fixed income and capital preservation they may offer. However, this doesn’t mean that bonds are without risk. When considering bond investments it is important to analyze the five types of risk:

  1. Credit risk/quality: If the issuer is unable to pay interest and principal when due, the bond is in default. The smaller the chance that the issuer will go into default, the higher the bond’s quality.

  2. Liquidity Risk: This is the risk that, should you want to sell your bonds before maturity, you won’t be able to find a buyer. Other things being equal, those bonds which are less liquid typically offer potentially higher yields to compensate the investor for the added risk.

  3. Interest Rate Risk: If interest rates rise, bond prices usually decline. If interest rates decline, bond prices usually increase. Thus the longer a bond’s maturity, the greater the impact a change in interest rates can have on its price. If you don’t hold the bond until maturity you may experience a gain or loss when you sell the bond.

  4. Prepayment Risk: Some bonds have call provisions. Prepayment risk is the risk that the issuer of a security will repay principal prior to the bond’s maturity date, thereby changing the expected payment schedule of the bonds. In essence, the call provision allows the issuer to pay off the existing bonds and than re-borrow the face value at a lower rate.

  5. Reinvestment Risk: During periods of declining interest rates, investors may be forced to buy new bonds at lower, prevailing interest rates as existing investments reach maturity and/or are called.

Stocks: Common stocks are equity securities as they represent partial ownership in the issuing corporation. Stocks offer two components of return: dividends and capital gain or loss. Neither the stock’s future price nor the payment of future dividends is guaranteed. In assuming this risk, the stockholder usually has the opportunity to earn greater investment returns than those provided with cash reserves and bonds.

What can a professional Financial Planner do for me?

As with any complex undertaking, especially one that faces the prospect of regular changes in the tax code that will alter your expected outcomes, a professional advisor can provide significant help. A financial advisor is uniquely qualified to help you coordinate your assets and liabilities to create a plan that will help you reach your goals and live the life you desire.

What do the different licenses and certifications mean?

Here are some of the most widely known financial credentials being advertised by financial advisors today.

CFA: Chartered Financial Analyst
Awarded by the Association for Investment Management Research, this technical designation is designed for investment professionals to support the skills required for portfolio management and investment analysis. Candidates for the charter must pass three levels of examination (one exam may be taken per year). Preparation is via self-study of a body of knowledge published by AIMR and includes financial statement analysis, securities regulations, ethics, capital markets, asset allocation, and application of theoretical concepts. Candidates must accrue three years of related experience and establish AIMR membership prior to award of the charter. AIMR does not mandate continuing professional education for maintenance of the CFA charter.

CFP: Certified Financial Planner®
Awarded by the Certified Financial Planner Board of Standards, this designation is characterized by the CFP board as a license. Candidates must pass a comprehensive 10-hour examination testing the candidate’s knowledge of financial planning, investments, estate planning, tax and retirement planning, and ethics. Preparation for the examination is via five or more educational courses under a curriculum approved by the CFP Board and offered at more than 100 institutions throughout the United States. Candidates must have three years financial planning experience plus an undergraduate degree to qualify for the award of the license (five years without a degree). CFP licensees are required to renew their license every two years through the completion of 60 hours of continuing education.

ChFC: Chartered Financial Consultant
Awarded by The American College, this designation is based on the completion of eight graduate level courses offered by the College. Candidates qualify sequentially through separate post-course examinations. Courses, five of which are approved by the CFP Board as preparation for the CFP license, include financial planning, investments, estate planning, tax and retirement planning. Candidates must have two years related business experience plus an undergraduate degree to qualify for award of the ChFC (three years without a degree). Designees who matriculated after June 30, 1989 must renew their designation every two years with the completion of 30 hours of continuing education (designees who began their ChFC studies prior to the 1989 deadline may not be required to prove their attendance at continuing education programs).

CPA: Certified Public Accountant
Awarded by the 54 U.S. state and territorial boards of accountancy upon the successful completion of four separately scored examinations covering auditing, business law, accounting and reporting on business enterprises, and accounting practices for taxation, managerial, government and nonprofit organizations. CPAs must meet individual state standards for continuing professional education every two years.

CTFA: Certified Trust & Financial Advisor
A professional credential offered by the American Bankers Association for financial professionals. This mark provides training and knowledge in taxes, investments, financial planning, trusts and estates.