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Years
ago our founders John Flippin, John Bruce, and Greg Porter
decided to establish Flippin, Bruce & Porter and because
they each had considerable investment management experience
they soon realized their different strengths allowed them
to work effectively together. More importantly, they shared
fundamental similarities in their approach to managing money.
Today,
we have grown into a group of skilled professionals who offer
solid, conservative investment strategies with the clients
best interest in mind. In building a strong relationship with
our clients, we use a time-trusted,
disciplined value approach. Our process has been in
place for over 20 years and is a conservative and highly effective
approach to managing portfolios. Simply put, it is a strategy
of acquiring stocks that are out of favor with the typical
investor and selling them when they are strongly in favor.
The
firms activities involve independent discretionary investment
management for retirement, endowment and individual portfolios.
FBP also manages two no-load mutual funds. Our current asset
base is $1.0 billion as of December 31, 2009. FBP is 100% owned by current employees.
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