Peckham, David A

This firm provides ongoing, customized investment management for individual clients using mutual funds offered through the Invesco Funds Group. Advisory services are delivered through a fee-based program administered by the fund family rather than through separately invoiced written plans.

The adviser employs modern portfolio theory and a buy-and-hold, fundamentals-based approach to build asset allocations within the Invesco lineup, with an emphasis on diversification, cost control and tax awareness. Accounts are monitored on an ongoing basis, but the firm does not accept discretionary authority to trade mutual funds and seeks client permission before effecting transactions; it generally relies on custodial statements rather than producing separate written reports.

Noteworthy features include the adviser’s holding of a resident life and disability insurance license and an Enrolled Agent credential, which introduce insurance and tax competencies not commonly disclosed by independent advisers. The practice’s exclusive use of Invesco mutual funds and the operational arrangement whereby the fund family calculates and collects advisory fees are distinctive elements of how the firm is structured compared with many peers.