
As we do for all our clients, we search for stable,
predictable, global growth companies in which to invest. It is important
to stress that Fayez Sarofim & Co. has a long-term investment
strategy and a time horizon of five to ten years. We do not try
to time movements in the stock market but invest in high quality
companies with above average earnings growth. We purchase equities
that we intend to hold in the portfolio over several years. This
results in lower than average portfolio turnover, which is particularly
beneficial for taxable accounts.
We have managed equities and fixed income securities
for a variety of individual accounts (including trusts and IRAs)
since our founding over 40 years ago. Our low turnover and long-term
focus make our style particularly suitable to taxable individuals.
Our minimum investment for individual accounts is $5 million.
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