Chief Investment Officer, Portfolio Manager
Years in Field: 30
Years at NPF: 18
BA - Hope College
MBA - Michigan State University
Years in Field: 30
Years at NPF: 10
BS - The Wharton School at the University of Pennsylvania
Chief Compliance Officer, Portfolio Manager
Years in Field: 15
Years at NPF: 11
BS - Michigan State University
Back in 2015, we embarked on a long-term strategic planning process to explore new opportunities for our clients and enhance our internal systems and processes. This process gave us an opportunity to define our purpose with a refreshed mission statement and create a roadmap for the future. The founding principles of trust, transparency, and integrity woven throughout our mission statement are the cornerstone of our business.
We are a privately owned entity with the distinct advantage of being able to strategically plan for the L-O-N-G term and invest accordingly for our clients. This contrasts with being a public company and/or being beholden to other outside influences.
From an asset allocation standpoint, 54% of assets under management are in common stocks, 37% in bonds, 5% in preferred stocks (which we treat as fixed income) and 4% in money markets. A large majority of clients have a mix of different asset classes (dependent on risk and specific client needs) while some clients have all stocks and some all bonds (fixed income).
New Staff: David Hodge
As our assets continue to grow, so has our Investment Team. We are excited to introduce and welcome David Hodge to NPF. David joined the firm in September 2018. He came to NPF from a 14-year career with a Grandville-based Registered Investment Advisory firm, where he served as a Partner and Portfolio Manager. David shares our dedication to a collaborative portfolio construction process and recognizes the value of delivering custom-tailored portfolios to our clients.
Years in Field: 14
BA - University of Michigan
We are blessed to be entrusted with more than 650 client relationships that comprise the stewardship of more than $1.47 billion in client assets under management. As we move into our 86th year, the depth and breadth of our firm and the talent and integrity of each of its individuals have never been stronger.
Expect to hear exciting announcements regarding our team at NPF in 2019.
It continues to be our pleasure serving your financial interests.
Kurt, Jay, and Chad