Sarasota Capital Strategies portfolio managers, Ian Naismith and Anthony
Welch, began advising clients over 15 years ago when they were financial advisors for a nationally recognized organization located in Sarasota , Florida . During that time, they designed and implemented several innovative estate planning techniques that saved their clients countless estate tax dollars. As part of a large firm, Ian and Tony felt somewhat restricted in their ability to transfer their own innovative spirit in financial management to their clients. With that in mind, they both decided in 1996 to form their own independent practices. Ian established Naismith Capital Strategies while Tony launched Welch & associates, both with the idea of seeking out cutting edge investment opportunities and strategies. Although they remained in close contact, each
one separately sharpened their own unique management style. Generally, they both agreed that the usual "Wall Street" methods were inherently flawed with potential conflicts of interest. Along with technical and fundamental analysis, they each believed the best way to manage money is to develop techniques and strategies to uncover opportunities in market inefficiencies.
When the stock market bubble burst, Ian and Tony each used various risk management techniques to temper the blow of a nasty bear market. As an example, one simple and very effective technique is the use of stop-loss orders. During this time, Ian and Tony regularly met to discuss the market and share new ideas. They talked about their individual use of short selling, discounted closed end funds, and risk management. For the most part, the bear market and scandal brought out the worst in corporate America . Ian and Tony sought to bring their clients sensible methods to avoid the “blowup of the day.”
With this aim, they each developed their own strategies that primarily use sectors and indexes. Initially, they began with little known, but now popular, I-shares and other exchange traded funds (ETFs). It soon became apparent that their strategies had the potential to be effective in most market conditions. Ian then spent numerous hours designing and testing various strategies, while Tony directed his focus toward advanced technical chart reading. In 2001, they discovered that their two unique methods combined would often result in similar buy and sell signals. It was then that they realized it was time to join together their unique management styles and techniques. Accordingly, they formed Sarasota Capital Strategies to bring their absolute return management style to investors.
Sarasota Capital Strategies continues to search for new and innovative ways to
utilize and optimize their management styles and investing expertise. Their fundamental belief is that flexibility leads to success.
%2001%20Tropical.jpg)
%2002%20Tropical.jpg)
%2003%20Tropical.jpg)
