Parvin Asset Management (“Parvin” or the “Firm”), provides investment management advice to the clients we are privileged to serve. The Firm is registered with the Securities and Exchange Commission and notice files in states where required. For a more in-depth understanding of Parvin, we welcome you to review our regulatory disclosure filed on Form ADV Part II.
The namesake of our Firm, Francis Parvin, traveled in 1728 from Ireland to Pennsylvania. The origin of the Parvin family name traces to an ancient Persian word for a bright star cluster used as a navigational focal point. It was known to the Greeks as Pleiades, or Seven Sisters, and to the Japanese as Subaru. Because of its prominence in the night sky, Parvin was used by Persian sailors to guide their course.
At Parvin Asset Management, we provide portfolio management services that are guided by enduring value and consistent profitability in all of our investment decisions. We manage portfolios using traditional and alternative strategies, each with an emphasis on capital preservation that typically results from finding great companies at great values.
PARVIN
Managing risk is a critical aspect of any investment process. The preservation of capital is an important goal at Parvin,
but there is no guarantee against loss since risk is inherent in every capital allocation decision.
All portfolios are held by independent custodians.
ENDURING VALUE. CONSISTENT PROFITABILITY.
SECURITY FROM GREAT COMPANIES AT GREAT VALUES.
OVERVIEW
Since January 2001, Parvin (formerly SWAN Asset Management) has been offering its portfolio management strategies to address the investment requirements of the individuals and families we serve.
Our objective is to preserve capital and to provide higher risk-adjusted returns than the market. To accomplish this goal, we concentrate on the fundamental importance of value and profitability.
Equity portfolios are constructed with focused positions since we view too much diversification as lowering the opportunity for higher returns without reducing risk. As a result, we build portfolios with stocks that are typically spread among 20 equal-weighted positions. In general, we look for stock holdings that are usually characterized by:
- high returns on capital;
- steady earnings growth;
- reasonable valuation;
- substantial income, as appropriate; and
- diversification across six, or more, economic sectors.
In our view, higher returns are earned by investing ahead of the market, not by following its trends. We believe investment success depends on:
- disciplined analysis;
- reasoned judgment of value;
- confidence to buy at marked-down prices; and
- patience to let profitable companies be recognized.
We work to incorporate this perspective across all portfolios managed at Parvin.
We concentrate our stock selection process on research and analysis in an attempt to find consistently profitable, well-managed businesses with meaningful competitive advantages, and to purchase these companies at prices below their intrinsic values. This approach usually results in relatively conservative portfolio positions.
Managing risk is a critical aspect of any investment process. The preservation of capital is an important goal at Parvin,
but there is no guarantee against loss since risk is inherent in every capital allocation decision.
All portfolios are held by independent custodians.