If you attended the Taylor Frigon Capital Management Open House on July 12, 2012 in our new San Luis Obispo offices, these were the slides that were displayed at various points on the circular walkway. If you were unable to attend, you can view them here as a slideshow.
1. A Tribute to Richard C. Taylor, 1934 - 2004
The “Taylor” in Taylor Frigon Capital Management honors
Richard C. Taylor, Gerry Frigon's father-in-law and mentor.
Mr. Taylor managed portfolios alongside Thomas Rowe Price
Jr. in the 1960s and 1970s before founding his own investment
management firm in 1988 in Santa Barbara, California. Mr.
Taylor was an intelligent, client-focused asset manager who
believed that investors could earn superior returns by investing
in well-managed companies. His passion for providing value
to clients remains the foundation of our philosophy today.
Richard C. Taylor
1934- 2004
Gerry Frigon is the Founder of Taylor Frigon Capital
Management and also serves as Managing Member of
Taylor Frigon Capital Advisors, General Partner to
Taylor Frigon Capital Partners, LP, a private investment
fund which invests in private companies and small
emerging public companies. He has over twenty-five
years of experience in investment strategy, planning and
portfolio management for private investors and
institutions. For the past seventeen years, he has
managed portfolios with the same disciplined process
directly descended from the classic growth philosophy
developed by Richard C. Taylor and T. Rowe Price.
Gerry Frigon
President and Chief Investment Officer
~ Grow With Us ~
2. AYLO IGO
CAPITAL MANAGEMENT LLC Grow With Us
CORE GROWTH COMPOSITE
As of 06/30/12
NA - Information is not statistically meaningful due to an insufficient number of portfolios in the composite for the entire year.
*Cumulative (non-annualized) since inception date 1/19/07
# Preliminary pending examination by Ashland
** As of 2010, for composite calculation, CoreGrowth Strategy accounts from the same Household were combined into one account.
Core Growth Composite contains fully discretionary Core Growth accounts and for comparison purposes is measured against the S&P 500 and Russell 3000 indices. The
Core Growth Composite was created 01/1/2007. Taylor Frigon Capital Management, LLC (TFCM) claims compliance with the Global Investment Performance Standards
(GIPS®) and has prepared and presented this report in compliance with the GIPS standards. TFCM has been independently verified for the periods 01/19/2007 through
12/31/2010 by Ashland Partners & Company LLP.
Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm’s policies
and procedures are designed to calculate and present performance in compliance with GIPS standards. The Core Growth Composite has been examined for the periods
1/19/07 through 12/31/10. The verification and performance examination reports are available upon request.
TFCM is an independent registered investment adviser. The firm’s list of composite descriptions is available upon request. Results are based on fully discretionary accounts
under management, including those accounts no longer with the firm and past performance is not indicative of future results.
The U.S. Dollar is the currency used to express performance. Returns are presented gross and net of management fees and include the reinvestment of all income. Net of fee
performance was calculated using actual management fees. The annual composite dispersion presented is an asset-weighted standard deviation calculated for the accounts in
the composite the entire year. Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. The investment
management fee schedule for the composite is 1.25% on the first $5 million and 1.00% after $5 million, with a minimum of $15,000.00 annually. Actual investment advisory
fees incurred by clients may vary.
3. AYLO IGO
CAPITAL MANAGEMENT LLC
Grow With Us
INCOME STRATEGY
As of 06/30/12
Income Strategy Current Yield* as of 06/30/12: 6.2%
*Current Yield represents the annualized dividend and interest payments divided by the current market value of the Income Strategy
Composite on the date referenced.
NA - Information is not statistically meaningful due to an insufficient number of portfolios in the composite for the entire year.
*Cumulative (non-annualized) since inception date: 03/31/07
# Preliminary pending examination by Ashland
Income Composite contains fully discretionary Income accounts. The Benchmark Indices used for comparison to the TFCM Income Composite (S&P 500, U.S. 91-Day T-
Bill Index, ML High Yield Master II and the ML US Domestic Master) are meant to be considered in the aggregate as opposed to individually since components of the strate-
gy employed may include securities that resemble these indices but to varying degrees. For the most recent year-end, recommended asset allocations that should be considered
when viewing the benchmark returns as an aggregate are: S&P 10%, T-Bill 10%, ML Dom 40%, ML High Yield 40%. The Income Composite was created 03/31/2007.
Taylor Frigon Capital Management, LLC (TFCM) claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report
in compliance with the GIPS standards. TFCM has been independently verified for the periods 01/19/2007 through 12/31/2010 by Ashland Partners & Company
LLP. The verification report is available upon request.
Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm’s policies
and procedures are designed to calculate and present performance in compliance with GIPS standards. Verification does not ensure the accuracy of any specific composite
presentation.
TFCM is an independent registered investment adviser. The firm’s list of composite descriptions is available upon request. Results are based on fully discretionary accounts
under management, including those accounts no longer with the firm and past performance is not indicative of future results.
The U.S. Dollar is the currency used to express performance. Returns are presented gross and net of management fees and include the reinvestment of all income. Net of fee
performance was calculated using actual management fees. The annual composite dispersion presented is an asset-weighted standard deviation calculated for the accounts in
the composite the entire year. Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. The investment
management fee schedule for the composite is 1.25% on the first $5 million and 1.00% after $5 million, with a minimum of $15,000.00 annually. Actual investment advisory
fees incurred by clients may vary.
The Merrill Lynch US Domestic Master index is a capitalization weighted aggregation of outstanding U.S. treasury, agency and supranational, mortgage pass-through, and
investment grade corporate bonds meeting specified criteria. This version is the total return version where dividends are reinvested into the index value.
The Merrill Lynch High Yield Bond Master II Index is an unmanaged index that tracks the performance of be-low investment grade U.S. dollar-denominated corporate bonds
publicly issued in the U.S. domestic market. The unmanaged indices do not reflect fees and expenses and are not available for direct investment.
6. AYLO IGO
CAPITAL MANAGEMENT LLC
Equity Research
Our research process begins with careful screening
of the best potential investment candidates, using a
variety of proprietary measurements and criteria.
Suitable candidates are next evaluated to determine
whether they fit major themes or paradigms:
whether they are positioned in front of “fertile fields
for future growth.”
Businesses which pass these initial hurdles are then
subjected to rigorous analysis and evaluation, in
which financial statements, business performance,
leadership, capital structure, shareholder dilution,
and many other factors are carefully examined.
We often visit with management teams,in addition to
using other investigative methods and evaluation
techniques.
We prepare written internal reports exclusively for
our firm. The analysis process has multiple levels,
and potential investments may be placed in
“observation deck” status for some period of time.
Director of Research, Dave Mathisen, has
nearly ten years of professional investment
management experience.
He is a former Army officer and a graduate
of West Point.
7. AYLO IGO
CAPITAL MANAGEMENT LLC
WEALTH ALLOCATION PLANNING
Over 20 years of consecutive portfolio management
enables us to bring a unique perspective to managing
your accounts.
Our experience includes careful analysis of the
balance sheets of large successful corporations.
This experience provides us with insights into the
planning and allocation of your own personal
family “balance sheet” of assets and liabilities.
We help you see opportunities or areas that need
more attention.
Our wealth planning team collectively represents
over 72 years of professional financial
management experience
Our Wealth Allocation Plan (WAP) provides you with a powerful visual
report along with real recommendations for decisions.
8. AYLO IGO
CAPITAL MANAGEMENT LLC
Taylor Frigon Capital Partners is a private investment partnership that invests
in the most promising and innovative emerging private and public companies.
Cloud-based rendering of even Medical company which developed a
the most graphically intensive patented and proprietary IV catheter.
applications, to transform film, The Venaglide contains passive saftey
gaming, and computing. features to improve catheterization.
Multi-core processors for wireless Creating carbon-nanotube technology
radio solutions. Enables full solutions with a wide variety of potential
software programmability of tasks applications. Currently focused on
to create a software-defined radio filtration for water, air, and fuel.
solution.