The audio file of the Q4 live market commentary from January 4 is now available.
In spring 2004, David Roberts left his position as a high-performing mutual fund manager at Northern Trust to found Harvest Investment Advisors, a Registered Investment Advisor (RIA) based in Tallahassee, Florida. The goal was simple: to utilize David's experience managing approximately $1 billion as a fund manager and manager of large institutional accounts for the exclusive benefit of his private clients.
In addition to access to his institutional management experience, the firm’s clients also benefit from a high degree of personal attention. Accounts are separately managed based upon the development of a unique investment strategy that considers the needs of each individual.
Harvest Investment Advisors offers clients the ability to invest in a wide array of asset classes and investment styles, which can both increase expected returns and reduce overall portfolio risk. These exposures include both active and passive investment approaches. For actively managed equity portfolios, individual stocks are selected across various sectors that are financially strong, priced below their intrinsic value, and offer above-average dividend yields. Currently, only stocks yielding 2.2% or above are considered. Selecting only stocks with above-average dividends is the foundation of the firm's equity investment philosophy.
The firm puts a strong emphasis on managing the risks inherent in investments. This is achieved by addressing risks both at the individual security level and the overall portfolio level. Harvest only considers buying stocks in companies that are fundamentally sound, offer strong and stable cash flows, possess solid balance sheets, and have relatively high dividend yields. Companies with these characteristics have traditionally been associated with lower than average risk in the market. Purchases of bonds are restricted to the highest end of Investment Grade, and maturities are kept relatively short.
Highly competitive fees are based solely on a percentage of assets under management. Transparency when reporting performance and fees is a hallmark of Harvest Investment Advisors.
Disclaimer: HARVEST INVESTMENT ADVISORS, LLC IS A REGISTERED INVESTMENT ADVISER. INFORMATION PRESENTED IS FOR EDUCATONAL PURPOSES ONLY AND DOES NOT INTEND TO MAKE AN OFFER OR SOLICITATION FOR THE SALE OR PURCHASE OF ANY SPECIFIC SECURITIES, INVESTMENTS, OR INVESTMENT STRATEGIES. INVESTMENTS INVOLVE RISK AND UNLESS OTHERWISE STATED, ARE NOT GUARANTEED. BE SURE TO FIRST CONSULT WITH A QUALIFIED FINANCIAL ADVISER AND/OR TAX PROFESSIONAL BEFORE IMPLEMENTING ANY STRATEGY DISCUSSED HEREIN.
Over the last 22 years, David Roberts has created a track record of beating the market in good years and bad. Prior to founding Harvest Investment Advisors in 2004, David was a partner and principal at Carl Domino Associates in West Palm Beach, Florida, where he managed institutional accounts using a large-cap value strategy. Northern Trust acquired CDA in 2000, and David was tapped to launch the Northern Large Cap Value Fund (ticker symbol NOLVX).
David adeptly made the transition to become a highly rated mutual fund manager, outperforming his peers and the S&P 500 over the next three years. His fund consistently earned the coveted five-star rating from Morningstar and was repeatedly recognized as a top performer in The Wall Street Journal.
That level of success has been maintained at Harvest Investment Advisors, LLC over the past fourteen years. Additionally, Roberts’ opinions about value stocks and the market have been sought by such national media as BusinessWeek, Forbes, Bloomberg Business News, Smart Money, CNNMoney, The Times (London), as well as guest appearances on CNBC.
David earned an MBA at Vanderbilt University’s Owen Graduate School of Management, where he finished in the top 10% of his class. As a student, he earned an Owen Merit Scholarship based on academic performance and was inducted into Beta Gamma Sigma business honorary society.
In 1998, David was awarded the prestigious designation of Chartered Financial Analyst, or CFA, which is earned by an elite group of investment professionals through three years of rigorous exams covering a wide range of investment-related areas. Subsequent to his earning the designation, he has been selected to grade the exams of CFA candidates on multiple occasions.
David serves as a founding board member of Pura Vida Missions of Costa Rica and on the Advisory Board of the Tallahassee Corps of the Salvation Army. He also served two consecutive terms on the five-person Investment Committee of the Florida Department of Treasury. David regularly participates in triathlons and has coached over 20 different youth baseball and flag football teams. A native of Tallahassee, he has five children with his wife, Kristin.