Overseeing more than $1.23 billion in assets under management (AUM), Sandhill Investment Management provides private clients and institutions with access to three of its proprietary investment portfolios. Its advisors can also create balanced portfolios for their clients. Edwin “Tim” Johnston, founder and current managing partner, has been featured on Barron’s.
The firm, however, does not offer financial planning services for such areas as estate planning and retirement income strategies. If you're seeking this kind of advice, use our advisor matching tool. It recommends up to three advisors in your area who can meet these needs.
Sandhill Investment Management Background
Johnston founded Sandhill Investment Management in Buffalo, New York, in 2002. He is the biggest shareholder in the firm, while 10 others have smaller stakes. The practice serves clients in 41 states throughout the country.
Sandhill Investment Management Client Types and Minimum Account Sizes
Sandhill Investment Management works with individuals, businesses, pension and profit-sharing plans, trusts, estates, charities, foundations and endowments. The firm also serves other advisors through separately managed account wrap-fee programs.
The firm generally requires a minimum investment of $250,000 to engage in its proprietary portfolios. However, it may accept smaller investments under certain circumstances.
Services Offered by Sandhill Investment Management
Sandhill Investment Management specializes in portfolio management services. As noted earlier, it has three proprietary investment strategies. They are:
Concentrated Equity Alpha - invests in 30 large-cap franchise companies. This portfolio seeks risk-adjusted returns and is designed for the long-term and growth-oriented investors.
Large-Cap Yield - invests in 34 large-cap stocks that the firm deems to have strong management and earnings growth. This strategy focuses on long-term capital appreciation.
Corporate Bond - invests in corporate bonds that mature within three to nine years. This portfolio aims for capital preservation and income.
In addition, the firm’s advisors can build balanced portfolios utilizing the stocks and bonds found in the firm’s proprietary portfolios. Sandhill Investment Management’s advisors would tailor the asset allocation of a balanced portfolio to the client’s risk tolerance.
Sandhill Investment Management Investing Philosophy
Sandhill Investment Management designs each of its portfolios to meet a certain objective. For instance, the Concentrated Equity Alpha aims for long-term growth and risk-adjusted returns. So the investment team looks at specific large-cap stocks it believes can help it meet these goals.
When evaluating securities, the firm primarily relies on fundamental analysis. This entails taking a deep dive into available information about the condition of a company it may invest in.
The firm's advisors may explore factors such as cost of production advantage, supply constraints, brand awareness and other factors.
Fees Under Sandhill Investment Management
Sandhill Investment Management charges asset-based fees that depend on the composition of your portfolio. These fees are:
- Equity-only strategies - 1.00% of assets under management (AUM)
- Fixed income-only strategies - 0.65% of AUM
- Balanced strategies - 1.00% of AUM
The firm bills these fees quarterly in advance. The valuation of your account would be based on the closing prices of securities held in your account on the last day of the month prior to your quarterly billing.
What to Watch Out For
Sandhill Investment Management focuses on portfolio management. So it doesn’t offer financial planning services for such things as saving for retirement, estate planning or life insurance policy analysis.
Within the past 10 years, Sandhill Investment Management has not undergone any legal or disciplinary action that would be material to a potential client’s evaluation of the firm’s business. You can learn more about the firm’s current activities by accessing its Form ADV on the official website of the Securities and Exchange Commission (SEC).
Tips for Finding the Right Financial Advisor
- If you’re seeking financial planning, use our advisor matching tool. It can suggest up to three local financial advisors who provide financial planning services in your area. Similarly, you can use the tool to find an advisor who takes clients with less than $250,000 to start.
- Before you select a financial advisor, be sure to ask these five questions. Remember that not all advisors uphold the same standards. They also don't have to have any training to call themselves advisors.
All information was accurate as of the writing of this article.