fairport in 15 january 2011

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Fairport in Fifteen January 2011

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Page 1: Fairport in 15 January 2011

Fairport in Fifteen

January 2011

Page 2: Fairport in 15 January 2011

Emily A. Drake, CFP®Partner & Senior Advisor 

Emily Drake is a financial services executive with more than 25 years of experience in the personal financial management arena. As a Partner and Senior Adviser with Fairport Asset Management, Emily offers comprehensive financial planning and investment services that are tailored for the uniquely individual needs of each client. Emily is known not only for her deep financial expertise, but also for her attention to the emotional aspects of financial decision making, especially in times of challenging transitions.  Prior to joining Fairport in 2000, Emily held leadership positions at McDonald & Company Investments, Society National Bank, Rinfret Inc. and Drexel, Burnham, Lambert, Inc.

Emily holds a B.S. from Grand Valley State and is a graduate of National Trust Graduate School of Northwestern University. She earned her Certified Financial Planner (CFP) designation from the College of Financial Planning.

Emily is immediate past Chairperson of The Benjamin Rose Institute and serves as a member of the Hiram College Board of Visitors, In Council With Women and the Planned Giving Council at the Cleveland Museum of Art. Emily is also a member of the Cleveland Estate Planning Council. Additionally, Emily sits on the United Way of Greater Cleveland’s Investment Committee and The Union Club’s Women’s Committee.  A resident of Cleveland Heights, Emily enjoys spending time outdoors and staying active through hiking, biking, skiing and diving.

Page 3: Fairport in 15 January 2011

John M. Silvis, CFA Director of Investments 

John Silvis, a CFA charterholder, serves as Fairport Asset Management’s Director of Investments. As such, John oversees the research of the Investment Team, determines the asset allocation of Fairport’s model portfolios and directs investment decisions and implementation on a day-to-day basis. John provides clients, prospects and internal staff with guidance about Fairport’s investment philosophy, process and performance.  John brings over 15 years of experience to the Investment Team and has been with the firm since 2000. Prior to Fairport, he was a Portfolio Manager at National City Bank. John began his career at Mellon Bank.  John obtained his B.A. in Economics at Penn State and his MBA at Baldwin Wallace College. He is a member of the CFA Institute, as well as the CFA Society of Cleveland. John lives in Strongsville with his wife Lori and has three children.  

Richard D’Amico, CFAManager of Investments

Richard D’Amico, a CFA charterholder, serves as Fairport Asset Management’s Manager of Investments. In this role, he oversees the implementation of the firm’s fixed income models and is responsible for the review and oversight of Fairport’s alternative investments and strategies. Rick brings over 10 years of experience to the Investment Team and has been with the firm since the summer of 2009. Rick most recently served as a market risk review analyst at KeyBank.  Prior to KeyBank, he worked as a licensed equity research analyst at Great Lakes Capital Partners, LTD, covering regional bank and thrift companies.   He is a graduate of Mount Union College where he obtained his B.A. in Business Administration with a Finance concentration.  He is also a member of the CFA Institute, as well as the CFA Society of Cleveland.   Rick lives in Rocky River with his wife Shannon and son.  In his free time, he enjoys playing baseball and spending time outdoors.

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Utilities

Telecomm

Materials

Information Technology

Indust

Health Care

Financials

Consumer Staples

ConsumerDisc

Energy

Fairport Large Cap Sector Strategy

underweight S&P 500 overweight

Page 12: Fairport in 15 January 2011
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Weekly Data 12/05/2008 - 12/31/2010

(DAVIS124)

Total Bond 12/31/2010 = -0.36 13-Week Moving Average (---)12/31/2010 = 0.91

-8

-6

-4

-2

0

2

4

6

8

10

12

14

16

-8

-6

-4

-2

0

2

4

6

8

10

12

14

16

Taxable Bond 12/31/2010 = 2.47 13-Week Moving Average (---) 12/31/2010 = 2.30

-3-2-10 1 2 3 4 5 6 7 8 9

10111213

-3-2-10 1 2 3 4 5 6 7 8 9

10111213

Municipal Bond 12/31/2010 = -2.83 13-Week Moving Average (---) 12/31/2010 = -1.39

Source: Investment Company Institute (www.ici.org)

-4

-3

-2

-1

0

1

2

-4

-3

-2

-1

0

1

2

J 2009

F M A M J J A S O N D J 2010

F M A M J J A S O N D

Weekly Bond ICI Inflows with 13-Week Moving Average II (Billions $)

Copyright 2011 Ned Davis Research, Inc. Further distribution prohibited without prior permission. All Rights Reserved. . www.ndr.com/vendorinfo/ . For data vendor disclaimers refer to www.ndr.com/copyright.htmlSee NDR Disclaimer at

Page 15: Fairport in 15 January 2011

(B595B)

%

Constant MaturityYield Curve

( ) 7/15/2010

( ) 10/13/2010

( ) 1/11/2011

0.200.300.400.500.600.700.800.901.001.101.201.301.401.501.601.701.801.902.002.102.202.302.402.502.602.702.802.903.003.103.203.303.403.503.603.703.803.904.004.104.204.304.404.504.604.704.804.90

0.200.300.400.500.600.700.800.901.001.101.201.301.401.501.601.701.801.902.002.102.202.302.402.502.602.702.802.903.003.103.203.303.403.503.603.703.803.904.004.104.204.304.404.504.604.704.804.90

3-M 6-M 1-Y 2-Y 3-Y 5-Y 7-Y 10-Y 20-Y 30-Y

Municipal Yield Curve - Current, 3 Months & 6 Months Prior

Copyright 2011 Ned Davis Research, Inc. Further distribution prohibited without prior permission. All Rights Reserved. . www.ndr.com/vendorinfo/ . For data vendor disclaimers refer to www.ndr.com/copyright.htmlSee NDR Disclaimer at

Page 16: Fairport in 15 January 2011

Senior Relationship Team

Paul Abbey

Ken Coleman

Andrew Connors, CFP®

Pete DeVito, CPA, CFP®

Emily Drake, CFP®

Heather Ettinger

Chris Isabella, CPA/PFS

Tom Seifert, CPA/PFS

Emily Shacklett, CPA/PFS

Page 17: Fairport in 15 January 2011

Save the Date – Wednesday, April 6th

Liz Ann Sonders, Chief Investment StrategistCharles Schwab & Co., Inc.

Page 18: Fairport in 15 January 2011

This Fairport in Fifteen presentation is for informational purposes only and should not be relied upon as research or investment advice. It should not be considered as a solicitation or recommendation by Fairport to buy, sell or continue to hold securities or other investments. Past performance is not a guarantee of future results, and is not indicative of any specific investment. It should not be assumed that the investment process and strategy discussed herein has been or will prove to be profitable. Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets.

Disclosures