Marietta Investment Partners, LLC (“Marietta”), founded in 2000 by John T. Evans, provides
investment advisory services to individual, trust and institutional clients. Marietta is an
independent firm 100% owned by the following employees: Mary T. Allmon, Lori J. Brook,
Robert C. Draper, Charles P. Evans, Amanda K Grams and Jonathan A. Smucker. John T. Evans
is the Managing Director of the firm. Marietta employs a disciplined approach to assist clients in
achieving long-term objectives through investments in high-quality securities.
Marietta works with clients to establish appropriate investment objectives and guidelines based
on the client’s unique circumstances. Investment programs for individuals, trusts and certain
institutional clients are customized and designed to control risk and be tax-efficient. Investment
programs for tax-exempt institutional clients are designed to achieve above-benchmark returns
on a risk-adjusted basis. Marietta primarily employs its customized global growth investment
strategy through equity investments, fixed income securities and short-term cash equivalent
investments.
Marietta utilizes a proprietary research process to analyze environmental, social and corporate
governance (“ESG”) factors. Marietta believes that ESG factors reflect a comparative ability of
a corporation to promote positive outcomes in the world. Clients can request that Marietta
consider ESG factors in whole or in part when constructing a customized investment portfolio.
A summary of Marietta’s ESG research process is available to clients upon request.
In addition, Marietta offers the following non-customized equity investment programs for clients
seeking exposure to the U.S. and global equity markets and ESG-dedicated equity strategies:
Marietta International Equity Program, Marietta Global Equity Program, Marietta U.S. Equity
Program, Marietta Mid-Cap Growth Equity Program, Marietta U.S. ESG Equity Program and
Marietta International ESG Equity Program (collectively, the “Marietta Equity Programs”).
Marietta provides investment advisory services on a discretionary basis. Marietta makes all
investment decisions for client accounts and, when we deem appropriate and without prior
consultation with the client, buy, sell, exchange, convert and otherwise trade in stocks, bonds,
other securities and other financial instruments, subject to any written
guidelines and restrictions
as provided by a client to us. Marietta will consider providing non-discretionary investment
advisory services on a case-by-case basis.
Marietta also provides asset allocation services to retirement plan participants, which includes
making allocations among the mutual funds offered by the plan. Our allocation advice is based
upon the plan participant’s financial situation, risk tolerance and retirement goals, among other
factors. Marietta also has an incentive to encourage individual clients to rollover an employer
retirement account into a Marietta-managed Individual Retirement Account (“IRA”), with the
potential of higher fees charged by Marietta and lower liquidity. The decision of whether to
rollover an employer retirement account rests with the individual account owner, and Marietta is
committed to providing information to help a client make a decision that is in that client’s overall
best interests. When Marietta provides investment advice to clients regarding their retirement
plan accounts or IRAs, Marietta is a fiduciary within the meaning of Title I of the Employee
Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws
governing retirement accounts. If a client rolls retirement account assets into an IRA we advise,
we will charge an asset-based fee as described in Item 5 – Fees and Compensation. The
decision to recommend rolling over a retirement account to a Marietta-managed account creates
a conflict of interest, so we operate under a special rule that requires us to act in your best
interest and not put our interest ahead of yours.
While not a primary offering, Marietta offers a program comprised solely of exchange-traded
funds (“ETFs”) for accounts which do not qualify for another Marietta investment program.
Marietta at times and at its discretion will also offer this ETF program to clients who do not
qualify for another investment program as a courtesy.
While Marietta does not currently serve as a portfolio manager in “wrap fee” and similar
programs sponsored by unaffiliated financial services firms, such as investment advisers and
broker-dealers, we may choose to do so in the future.
As of December 31, 2023, Marietta managed $535,555,196 in assets on a discretionary basis. As
of December 31, 2023, Marietta did not manage any assets on a non-discretionary basis.