Wealth Advisors

*AS Of  June 30, 2010.  The returns presented are based on model portfolios and are representative of returns on specific accounts which followed the models and had no contributions or withdrawals.  A proprietary computer modeling system is utilized which calculates the number of shares to purchase within each account, based on the model portfolio.  There may be slight differences in percentage allocation due to account size, time of investment or limitations by nature of a model portfolio (any portfolio using options, for example, must hold positions rounded to the nearest 100 shares) which MAY result in different performance numbers than the model portfolio.  Any one individual separately managed account may or may not achieve the same returns as the model portfolio.  The returns are net of fees and do not take into account income tax consequences.  The returns may include the reinvestment f dividends and other earnings.  The information is believed to be accurate, but is not guaranteed.  As with any investment, the risks must be weighed and the possibility of loss exists.  The separate managed account may be adversely affected by poor market and/or economic conditions that may affect the portfolios.  The decision to invest should not be based solely upon this information. Please note and remember that there is not only market risk, but global and socioeconomic risk associated with any investment in today's markets.  There is no assurance that any potential will be achieved, and that past performance is NEVER an assumption of performance in the future.

Advisory Services Offered through First Independent Financial Advisors . Registered Representatives First Independent Financial Services   Member FINRA/SIPC   7134 South Yale  Suite 560  Tulsa, OK  74136  918.492.9484 918.492.9488fax  PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. INVESTMENTS ARE NOT FDIC INSURED, NOT BANK GUARANTEED AND INVESTMENTS IN STOCKS MAY LOSE VALUE.

William J. Walstead, Jr. and Stuart M. Taylor are Registered Representatives of First Independent Financial Services, Member FINRA/SIPC and Investment Advisor Representatives of First Independent Financial Advisors, a Registered Investment Advisor located 6660 S. Sheridan Rd., Suite 260  Tulsa, OK  74133-1766  918.492.9484     918.492.9488fax. This site has been published for residents of all 50 states. All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. William J. Walstead, Jr. and Stuart M. Taylor, Wealth Advisors, FIFS, and FIFA do not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to this web site or incorporated herein, and take no responsibility. All such information is provided solely for convenience purposes only. William J. Walstead, Jr. and Stuart M. Taylor, Wealth Advisors, FIFS, and FIFA do not endorse, control, or receive compensation from any of the third party advertisers within this website. William J. Walstead, Jr. and Stuart M. Taylor, Wealth Advisors, FIFS, and FIFA are not affiliated with any of the firms or entities listed unless specifically stated.

Our Process

It is important to us that you understand that we stand side-by-side with you in our portfolios.  It is important for us to perform at the highest level possible. 

We use multiple technical screens and filters that allow us to filter the number of potential company stocks we investigate before we do further research.   Initially, there are thousands of possibilities and we decrease that down to a few hundred.  After the initial screening is completed, we turn to fundamental analysis which allows us to look at each company's basic financial condition, sector fundamentals and potential for growth. 

We realize that when it comes to your investment dollars, whether earmarked for retirement, college funding or simply an investment portfolio,  what you want as the main priority is for your account value to increase over time.

That is the basis of every stock and option purchase we make on your behalf.  We want to take a position in those companies we feel will fill their roles best--if that is for current income or future income (growth) we want to make the best decisions to which all our research leads.  We realize that following the pack is not usually the best decision to make a difference in today's fast-moving investment world.  We also focus primarily on small to mid-size companies.  The reason is that we feel we can find the "undiscovered" companies that have the right components for our portfolios--growth, income or a combination. 

Since we do all our own research, we can find companies of a size that can't be included in "major size" money managers or mutual funds.  To appreciate the disadvantages of size, a large-cap growth fund with $44 Billion in assets.  If the fund holds about 1% of its assets in shares of Lockheed Martin and the portfolio manager wants to double his position, he/she must spend about $500 million to buy 7.2 million shares.  But Lockheed has only 442 million shares outstanding, and about 3.4million have been trading daily.  SO the manager will not be able to make their trade right away.  Instead, they'll have to spend weeks slowly accumulating shares.  And as they place bids with brokers, the fund's purchases will put upward pressure on prices.  The manager may start buying at $69 and complete the position only when the price has reached $75.  In contrast, a small fund or manager may be able to duplicate a position in one day, enjoying a huge advantage over its gigantic competitor.

That is where we fit.  We look at smaller companies, where we won't move markets, and can adjust our positions without owning the company.