Richard C. Young & Co. LTD.
Richard C. Young & Co., Ltd. is a financial advisory and investment adviser firm headquartered in Newport, Rhode Island, with an additional office in Naples, Florida. Founded in 1989, the firm serves primarily conservative, retired, and soon-to-be-retired investors, focusing on crafting global, diversified portfolios that generate dividends and interest. Notably, the firm has been ranked among Barron's Top 100 Independent Advisors in the nation for 13 consecutive years and was recognized by CNBC as a top financial advisory firm in 2023. The employee count is small, typically cited as 1 in some directories, and the firm is led by President and CEO Mathew Young.
Investment Strategy
Richard C. Young & Co., Ltd.'s investment strategy centers around constructing diversified portfolios of global stocks, bonds, funds, commodities, and currencies that produce a steady stream of dividends and interest for long-term growth and income. The firm avoids over-diversification typical of large index funds, focusing instead on high conviction individual securities vetted by its in-house team. Their approach seeks to compound wealth and preserve capital, prioritizing comfort for conservative investors and eschewing trading or speculative strategies. As a fee-only adviser with no investment product conflicts, their philosophy emphasizes patience, diversification, and the power of compounding, especially for retirement-focused clients.
Top Holdings
Equity Positions (86)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
G GLD | SPDR Gold Trust | 3.81% | $38.6M | 126,494 | $121.58 | $304.83 | +$1.4M |
A AVGO | Broadcom Inc | 3.72% | $37.7M | 136,622 | $136.17 | $275.65 | +$14.9M |
V V | Visa Inc | 3.01% | $30.5M | 85,924 | $113.27 | $355.05 | +$379.9K |
N NVDA | Nvidia Corporation | 2.94% | $29.8M | 188,550 | $137.72 | $157.99 | +$17.6M |
T T | AT&T Inc | 2.40% | $24.3M | 838,097 | $20.38 | $28.94 | +$583.7K |