WHY FLIGHT

Flight Capital Management, LLC (“Flight Capital”) focuses on producing results. It’s not just about a relationship and assigning a model. Return performance is of paramount concern on a daily basis, so Flight Capital works diligently at selecting and monitoring portfolio positions to take actions which can produce above average returns for its clients. Flight Capital is not passive by allowing only the market to dictate return performance. It seeks to differentiate and provide added value through intelligent, current and tactical portfolio management. With interest in helping investors understand both their overall strategy and specific investments, Flight Capital acts in a dual capacity as both adviser and money manager. This enables investors to have a single point of contact for communicating their needs and desires, getting clarity on the investments they own and understanding exactly what is impacting the returns. This provides clients with a better sense of comfort and control versus hope.

Advisory…and PORTFOLIO MANAGEMENT

With Flight Capital, you have more than an adviser with whom you engage for understanding and defining your unique goals. You also have an investment manager who you depend on for making the actual securities selections to accomplish those goals. It works to have a close relationship with the person directly responsible for the decisions which impact your returns.

Strategic …and TACTICAL

Pure portfolio management is more sophisticated than creating general exposure to broad asset classes like stocks, bonds and commodities. It involves identifying and assessing the strength of countries, sectors, industries and specific companies. Flight Capital goes beyond just a standard allocation (percentage exposure in various asset classes) for constructing and managing portfolios. To accomplish more than just riding the market roller coaster, action is taken to position for changing conditions such as valuation, growth rates and investor sentiment. Strengths and weaknesses are always present in business and the market, and investors hope that professionals can provide guidance in how to protect and take advantage of them. With many advisers, the value may end with a chosen basket of mutual funds or ETFs. After defining investment objectives and risk tolerance, many advisers simply take a passive approach to portfolio management, assigning an allocation or model and rebalancing quarterly with a basic weighting formula. Flight Capital has the willingness to work harder in indentifying risks and rewards in the financial markets for generating results which investors seek from professional intelligence, industry awareness and implementation.

Allocation, diversification…and FOCUS

The ability to easily create ownership in great companies is the key advantage for investing in public securities. Flight Capital has a passion for exploiting this freedom and therefore uses individual stocks and bonds in portfolios. Today’s packaged solutions often use many managers (mutual funds or SMAs) and/or ETFs (index funds). Too much diversification can present an issue for accomplishing anything more than achieving mediocre index returns, and you don’t need to pay a professional for that. The opportunity for being a meaningful shareholder in fantastic businesses is replaced by just being exposed to the market and however the irrational market decides to perform. We all noticed the lackluster returns for the broader market in the last decade. In addition, outsourcing stock and bond selection to an assortment of third party managers can not only be more expensive, but it diminishes the flexibility, control and knowledge of the investments you own.  Flight Capital respects exposure to different asset classes based on investor risk tolerance, but the quality of portfolio selections is not diluted by over-diversifying.