Ivy Ridge Asset Management

As a basis for developing a consistent investment philosophy for our clients, we look at two significant trends that affect an investor's ability to build wealth in these increasingly uncertain times: an aging US population, and growth demand in Asia. By 2030 one in three American workers will be retired, while 3.4 billion people in China and India will be entering a new "middle class". These two trends will shape the profit opportunities in years ahead. For us, this changing landscape means rethinking not only how an investor portfolio is allocated, but also what types of investments are in it. Now more than ever, investments that can generate income-especially income with the potential to grow over time-is the best way to build wealth. Investing in companies with growing dividends is also the best way to hedge against the effects of inflation and the scarcity of natural resources.

Therefore, we invest in what we call "dividend growth" by constructing individual portfolios for our clients of stocks, bonds, partnerships and other investment vehicles that have demonstrated both the ability and commitment to increase their dividend payouts annually over time. It is what we do, and it generates the following portfolio results for our clients:

*Creates significant levels of income to meet distribution needs annually.

*Provides fresh capital in volatile markets, and if allowed to remain in the portfolio, can deliver enhanced and compounded total returns.

*Lessens portfolio risk without losing long-term capital because of lower betas and (P/E) ratios and higher yields.

*Provides capital growth in three ways: capital appreciation, dividend retention and reinvestment and dividend growth.

*Allows for predictable levels of current and future income.

We believe this disciplined investment approach provides the foundation of a sound investment philosophy in creating wealth for our clients.