How We Invest

CONVICTION

Beck Bode was established in 2013
to provide differentiated investment management services to investors.

FOCUS

We are a 100% employee owned,
SEC registered investment adviser.

CONCENTRATION

Beck Bode maintains GIPS compliant track records for two flagship strategies: Beck Bode Growth Strategy and Beck Bode Income Growth Strategy—each offered
in separately managed account and CIF formats. Each represents a high conviction, high concentration portfolio
of our best ideas.

DISCIPLINE

Headquartered outside of Boston, MA,
we pride ourselves on offering a highly transparent, hands on and
disciplined investment approach.

PHILOSOPHY

At Beck Bode, we have a different perspective about investment management. We believe simplicity and discipline will win the day over the long term.

What we believe:

– Future expectations outweigh history
– Proper application of industry leading research adds tremendous value
– Stock prices can be slow to adjust when a company’s prospects are improving
– Concentration is critical
– Long term, consistent investing produces superior results

“It is impossible to produce superior performance unless you do something very different from the majority.”
John Templeton

PROCESS

Our process is highly structured, requiring future expectations to be on the rise in order to result in a purchase.

We maintain a highly concentrated portfolio constructed from our best ideas.

From a broad universe, we identify approximately 150 names that meet our strict investment criteria.  We then select the most compelling 15-20 securities (and even fewer for our Income Growth strategy) through industry leading research and proprietary fundamental analysis.  These tend to be improving businesses where we have the highest conviction regarding the future. 

We avoid trading associated with short term noise; we seek to hold securities for 3-5 years, but will sell immediately upon downward earnings estimate revisions.

Our process is enhanced by our strict sell discipline. Understanding “when to sell” (or “when not to sell”) affords us the opportunity to avoid selling our winners too soon, and holding our losers too long. Our high conviction portfolio affords us the opportunity to focus intensely on the right opportunities to buy—and sell—securities we elect to hold on behalf of our clients.

Our Team

Benjamin Beck, CFP®

Managing Partner & Chief Investment Officer

Dan Kline

Chief Operating Officer

Andy Martone

Director Institutional Relationships

Vera-Lucia Rampartap

Client Relationship Manager

Meg Curry

DIRECTOR FINANCIAL PLANNING / OPERATIONS SUPPORT

STRATEGIES

At Beck Bode, we believe discipline and focus are superior to broad diversification and the constant implementation of ‘new ideas’. Our team has been managing our flagship growth strategy since 2006, formalizing the track record in 2013 and adding our income growth strategy at that time.

We are all in when it comes to our two—and only two—strategies.

Strategy Structure Inception
Beck Bode Growth Strategy SMA 4.01.2013
CIF 10.17.2017
Beck Bode Income Growth Strategy SMA 4.01.2013
CIF 10.17.2017

COMMENTARY

Beck Bode Guiding Principles:

Process

to ensure highly disciplined application of our philosophy.

Depth

of research to drive our portfolio decision making

Patience

to wait out various short term market events, remaining steadfast in our conviction and committed to our discipline.

Forward Motion

seeking two earnings revisions upwards within the past 6 months to drive security selection.

Disciplined Exits

a single earnings revision downward would trigger a sale.