Overview
Stark Asset Management, Inc. is an S Corporation doing business as Boulder
Asset Management. We offer investment advice to a limited number of
qualified investors. Our goal is to tailor each portfolio to preserve wealth
through growth of capital and income and to teach investors more about their
own investments. Stark Asset Management, Inc. (“Stark Asset
Management”) was founded in 1984 by Richard J. Stark, CFA, and was first
registered with the SEC in 1991. Mr. Stark continues to manage the
company, which he owns with Linda J. Stark.
As of December 31, 2023, Stark Asset Management had $424,664,108 of
discretionary client assets under management. We are not currently
providing services on a non-discretionary basis.
We believe preserving and continuing to build wealth requires the selection
and retention of long-term investments. This strategy avoids the high cost
of excessive transactions and taxes created by market timing. The
percentage that we allocate to each asset class (stocks, fixed income and
cash reserves) reflects client income needs and tolerance for portfolio
volatility.
Our investment philosophy for equity securities is to concentrate selection in
a limited number of investment themes whose time horizon
can vary in
length. Individual issues are purchased with the intent of creating a portfolio
with a five-year time horizon.
Some of our investment themes are top-down-driven by economic factors.
However, most themes evolve on a bottom-up basis as a number of
attractive stocks actually define economic segment or industry. For example,
themes can be based on demographics, new product cycles, the direction of
interest rates, commodity cycles, capitalization cycles, beta, dividend yield,
etc.
We invest in fixed income securities with a focus on the income and stability
needs of the individual client. Cash reserves are used to provide liquidity.
Our focus at Stark Asset Management is on client service with an emphasis
on education. On a quarterly basis, clients are updated on their portfolio’s
performance and structure, Stark Asset Management’s economic and
investment outlook, and are provided custom-tailored reports showing the
clients investment positions, actual income to date, and a value-added
analysis. In addition, we contact clients on a regular basis, generally
quarterly, to monitor client objectives, discuss the current portfolio, and
increase the client’s understanding of the investment holdings.
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