Chesapeake Asset Management Co Inc

Chesapeake Asset Management Company, Inc. is an independent investment advisory firm founded in 1995, based in Gaithersburg, MD. The firm specializes in providing highly individualized investment counsel to individuals, nonprofit organizations, private foundations, and trusts along the East Coast and Texas. Chesapeake primarily invests in individual securities, including various types of bonds, stocks, real estate investment trusts, and energy trusts. The firm is a member of the Social Investment Forum and does not have affiliations with brokerage firms or financial industry organizations, ensuring unbiased recommendations. Chesapeake offers discretionary asset management services, hourly planning engagements, and investment advice on various financial matters. The minimum annual fee for new clients is $10,000, with management fees based on a percentage of the account's market value. The firm's investment management fees are negotiable, with a focus on long-term investment horizons and balanced portfolio management across asset classes. Chesapeake has 35 client relationships, managing approximately $58 million as of December 31, 2022, with a mix of discretionary and non-discretionary accounts. Clients of Chesapeake typically have investment assets ranging from $1-10 million, with the firm having the discretion to waive minimum fees based on certain criteria. Chesapeake's investment strategies involve security analysis based on economic, political, and fundamental factors, aiming for solid growth and income potential while considering various risks like interest rate, market, inflation, and business risks. The firm's investment approach is opportunity-driven, focusing on client objectives and economic conditions. Clients receive quarterly performance reports and have the option for annual or semi-annual meetings to review their portfolios and financial situations.