Wealth Management
ICM’s Individual Capital Management division was initiated in 1985; created in the belief that investing for taxable accounts is a different business, we understand that each relationship has its own specific goals, requirements, and tolerance for risk.
We manage relatively concentrated portfolios (25 – 35 positions) incorporating investments which often take 3 -5 years to produce desired returns. This results in low turnover, approximating 15 – 20% per year, and long holding periods. Our position on tax efficiency is simple and straightforward. Efficient tax mechanics (e.g. HIFO vs. LIFO vs. average cost) are an integral part of our approach. We work closely with advisors and CPAs on tax strategies such as gifting low-basis stocks, harvesting losses, setting up charitable remainder trusts, etc. We attempt to avoid transactions under the pressure of tax selling late in the year.
For additional information, please call or email Stuart M. Christhilf at 443.451.2920 or smc@icomd.com.
The information provided on this web site is for information purposes only and should not be construed as investment advice or a determination that a particular product or service is suitable for any individual. This information should not be relied upon in making an investment decision and any decisions based on information contained in Investment Counselors of Maryland, LLC's site are the sole responsibility of the visitor. The presentation on this web site does not purport to be a complete description of Investment Counselors of Maryland, LLC's investment services. For the most current publicly filed information, please reference public filings with the Securities and Exchange Commission (SEC) at http://www.sec.gov.
