Barrett Associates believes that over any reasonably long period of time, returns from stocks will exceed those of bonds and cash. We focus on companies in the higher-growth industries that are experiencing superior sales and earnings increases. We diversify our investments among a number of growing industries in order to create portfolios with suprior overall growth characteristics, as well as to control risk.

We recognize that today stocks provide little current income and that stock prices can be volatile in the short and intermediate term. Therefore, when our mandate is to generate current income as well as capital appreciation, we purchase bonds to meet clients income needs and stock to provide appreciation. In addition, bonds dampen the swings in value of the portfolio which can result from short-term changes in stock prices