Investment Philosophy and Strategy

101 S. Bay Boulevard, Suite B-4
P.O. Box 818, Anna Maria, FL 34216
800.800.7075 941.778.1900
Fax: 941.778.1801

We Make Your Success Our Business.

BCM’s Managed Accounts Service uses investments in no-load mutual funds,
exchange traded funds, or individual stocks in an effort to achieve your
objectives for growth and income over time. The exact mix of investments within
the portfolio will depend on the individual client, taking into consideration factors
such as age, net worth, income, rate of return objectives and risk tolerance.

The process of determining the proper mix of investment vehicles starts with our
Investor Questionnaire. Of course, it also includes listening to your priorities and
preferences as you see them. While plans will vary between clients, all of our
investment programs use the following factors as priorities.

Diversification – A cornerstone of sound investment theory. Your plan

will be diversified both in terms of the number of individual securities,
as well as across industry groups.

Disciplined Targets – Each investment plan managed by BCM is

         governed by a disciplined approach to a target allocation. We do not
         change course because of short-term market trends. Bottom line –
         emotion leads to investment mistakes – we remove the emotion.

Monitoring & Adjustments – Your plan is monitored daily and

         adjustments made as necessary to keep our risk – return profile at what
         we believe is the optimum setting. Of course, these adjustments are
         always made within the disciplined targets we agree to at the beginning of
         our relationship.

Risk Control Analysis – We use a proprietary Risk Control process
which combines several indicators to measure the internal “health” and the
momentum of the equities markets. Indicators include Advance-Decline
ratios, New Highs – New Lows, Moving Average Crossover and Price
Momentum Analysis. When the model is in positive territory we maximize
exposure to equities and high yield bonds, within the limits of your asset
allocation model, to take advantage of the higher return potential offered
by these assets. When the Risk Control Model is negative, exposure to
equities and higher yielding bonds is reduced in favor of holding
government bonds, cash equivalents, or other assets which may do well
during a declining stock market. To learn more about the Risk Control
Model – Click here

The guidelines used to manage your account are identified and agreed to in an
Investment Policy Statement and Investment Advisory Agreement for clarity
purposes. If your objectives change with time, we simply agree to the
appropriate adjustments and modify your account accordingly.