SGA
Sustainable Growth Advisers

Distinguishing Characteristics

Organization

Equity ownership-based culture that promotes stability.
One philosophy, one strategy, one team.
Led by founders with multiple generations in place.
Asset base that allows flexibility.

Team

Every company researched by two analysts, enhancing perspective.
Research team with real world business experience.
Agreement by two of three portfolio managers for every investment decision.

Investment Process

Limits on the number of portfolio holdings encourage discipline.
Longer time horizon enables us to capitalize on short-term inefficiencies.
Valuation is a key consideration in all buy and sell decisions.