Stark Capital Management
Our Approach —
Consistent Process.
Individual Attention.
Team Approach.
Available.
No one is just like you. Your dreams and goals for your life, what you value and the concerns you have define who you are. At Stark Capital Management, we are devoted to our clients, developing and nurturing long-term relationships, often over multiple generations. Being available to you and keeping you apprised of your portfolio’s progress with straightforward, regular communication is a hallmark of our service. We’ve managed assets for high net worth individuals and families for decades, proving ourselves exceptionally capable and deserving of our clients’ trust and confidence.
Our Investment Process
Each portfolio is designed to best meet individual clients’ goals in accord with their tolerance for risk. When selecting individual equity securities, we tend to favor a style known as “GARP,” growth at a reasonable price, with a preference for mid- to large-cap stocks. While we primarily purchase individual securities, from time to time we will also select specialized managers, exchange-traded funds (ETFs) or mutual funds in arenas such as international or emerging markets. This provides an excellent way to further diversify a portfolio. This approach is both cost-effective and risk-averse, benefiting our objective of capital preservation and potential for downside protection.
Each manager on the team at Stark Capital Management selects suitable securities based on rigorous personal research, without constraints of sell lists or uniform style. We begin by assessing an individual company’s value relative to its group and sector and to the market as a whole. We then set our own objective as to the company’s true value as the basis of our buy and sell decisions. We support this assessment by often meeting with company management, participating in their conference calls and monitoring public appearances in industry and public forums. For the companies we own or monitor, we pay close attention to Wall Street research, tracking reports by analysts we respect. Our portfolio managers also access a number of independent research firms and attend industry conferences. Collectively, we share ideas not only within the Houston office, but also with our colleagues across the US in Burnham Financial Group offices.
We firmly believe that portfolios can benefit from diversification into either taxable or tax free fixed income investments. These asset allocation measures can effectively lower the volatility and risk parameters of the overall portfolio while providing income for investors. We manage portfolios with a balanced approach which have a certain portion in equity and fixed income investments and others which are purely in fixed income according to the clients’ needs. In analyzing the strategies for fixed income investments we take into account the quality of the issuer of the securities, duration, yield to maturity, the potential for ratings upgrade & refinancing, the industry outlook and we match the criteria with the client's preferences. We sort through industry segments looking to create value over the benchmark of a portfolio. We apply similar criteria to municipal bonds taking into account the quality of the credit and the borrower’s ability to pay principal and interest.
Our Investment Products
Separately managed portfolios (minimum $1 mil) for individuals, families, private foundations.
Regular Trusts
Family legal entities
IRA
401K
Income-producing
Balanced
Equity