Why Millennium Asset Management?
Proprietary Research Advantage
Millennium Asset Management benefits from its strategic relationship with Singular Research, an independent institutional research organization with more than two decades of experience identifying alpha-generating opportunities.
Research Platform Highlights
- Independent, performance-based research
- Institutional-quality analytical process
- Direct corporate management access
- Coverage of uncovered and under-followed securities
- Deep fundamental due diligence
- Proprietary valuation methodologies
Research Arbitrage Strategy
The firm seeks to exploit valuation inefficiencies created by declining Wall Street research coverage and increased passive investment flows.
Research indicates that companies with limited analyst coverage often trade at meaningful discounts relative to their intrinsic value.
Millennium Asset Management seeks to identify these opportunities before broader market recognition.
High Net Worth Separate Account Program
Features
- Separately Managed Accounts
- Client-owned custody arrangements
- Customized investment objectives
- Quarterly reporting
- Direct portfolio manager access
- Tax-aware implementation
- Institutional-quality portfolio management
Minimum Investment
$250,000
Investment Process
Step 1: Fundamental Research
Comprehensive financial analysis, valuation modeling, management interviews and catalyst identification.
Step 2: Security Selection
Focus on mispriced securities offering favorable risk/reward profiles.
Step 3: Portfolio Construction
Risk-managed portfolio development with diversification and position sizing controls.
Step 4: Exposure Management
MMI-driven tactical adjustments utilizing cash and ETFs.
Step 5: Ongoing Monitoring
Continuous review of company fundamentals, valuation, catalysts and market conditions.
Management
Robert M. Maltbie, Jr., CFA
Chief Investment Officer
Over four decades of investment management experience including:
- Morgan Stanley Dean Witter
- Smith Barney
- Millennium Asset Management
- Singular Research
- Argonaut 2000 Partners
Supported by a team of experienced analysts providing deep sector expertise and institutional-quality research capabilities.
Important Disclosures
- Performance results presented herein are unaudited and are derived from the investment firm’s internal books and records, which management believes to be reliable. These results have not been independently audited or verified by a third-party accounting firm.
- Past performance is not indicative of future results. Future performance may differ materially from historical results.
- Composite performance is presented for informational purposes only and should not be considered a guarantee of future investment returns.
- Benchmark returns are provided for comparative purposes only. Investors cannot invest directly in an index.
- Standard deviation figures are historical measures of volatility and should not be interpreted as a guarantee of future risk characteristics.
- Returns are net of applicable management fees and trading expenses unless otherwise indicated.
- Managed account results may vary based on account size, inception date, cash flows, investment restrictions, and individual client circumstances.
For additional information:
Millennium Asset Management
Robert M. Maltbie, Jr., CFA
818-222-6915
robert@singularresearch.com