We believe that investing does not have to be complicated in order to achieve financial success and that keeping it simple is important. We stick to a proven strategy of buying stock in undervalued companies that demonstrate promising long-term growth potential. You can be confident in understanding how, where, and why your assets are invested because our value investment process is consistent and logical. 

Based on your long-term goals, we build your diversified portfolio with a mixture of industries, company sizes and equity characteristics.

We build concentrated portfolios of approximately 20 securities each with an average position of about 5% of total assets and a holding tenure of five to seven years.

We vigilantly oversee your portfolio and make adjustments based on current valuations, performance targets and tax implications.

Patience is vital to successful long-term investing. We make sure that we invest your capital prudently by buying companies only when we can do so at a discount to our estimate of economic value. We have experienced market environments when it has taken us the better part of a year to fully structure a portfolio.

Fenimore’s annual fee for a private account is 1% of assets under management up to $10 million and 0.75% on all assets in excess of $10 million. The minimum investment on a new relationship is $1 million.

After many years of managing separate portfolios, Fenimore expanded its investment offerings to include the FAM Funds. Both the FAM Value Fund (1987) and FAM Equity-Income Fund (1996) offer investors a concentrated stock portfolio selected according to our value criteria and exceptional personalized service. Many of our clients have FAM Funds accounts as well.