In 1987, Santa Barbara Asset Management was built upon the fundamental belief that
a well-managed, consistently growing enterprise is a valuable place to invest. It
was our guiding philosophy 20 years ago - and it is our guiding philosophy today.
Santa Barbara Asset Management is a portfolio management firm with experience and
expertise in managing equity portfolios of marketable securities for individuals,
corporations, endowments, foundations and public plans. We believe the expertise
gained by our professionals over many investment and economic cycles is the cornerstone
of our dependable service.
All investments carry a certain degree of risk and an investment in any growth portfolio
should be made with an understanding of the risks involved with owning common stocks
or other equity securities. These risks include but are not limited to market risk
or the risk that stocks will decline in response to such factors as adverse company
news or industry developments or a general economic decline. In addition, certain
growth style portfolios may be concentrated in a specific sector thereby subjecting
the portfolio to additional risks. Growth style investing may fall out of favor
and underperform other styles of investing over any period of time.