What We Do

Deschaine & Company L.L.C. is a SEC Registered Investment Advisor that specializes in managing dividend focused equity portfolios for investors seeking current and future income.

We are a fee-only investment advisory firm. Our focus is providing disciplined investment advice that is strictly in each client's best interest. We simply establish our clients' account at a qualified custodian and then manage each portfolio to meet each client's individual long-term objectives. All client portfolios are managed by our team of investment professionals to provide consistent supervision and continuity of management.

Firm Background

Deschaine & Company was founded in 1997 by Mark Deschaine. Mark has over 30 years of experience in the asset management business, including over 24 years as the President and Chief Investment Officer of Investment Counselors Incorporated; at the time one of the largest institutional asset management firms in the Midwest. Mark sold his interest in ICI in January 1997 and together with Marnie Deschaine established Deschaine & Company. In July of 2009, the firm expanded its resources with the addition of two senior portfolio managers, Matt Powers and Jason Loyd.

The firm was started on a simple premise: manage client assets the way we manage our own. That without any equivocation, is exactly what the firm has done over the last ten years.

Equity Income Strategy

We believe the conventional goal of growth of principal gives the average investor the least likely chance of achieving their objectives. Even if the objective has been reached, this is only half the battle. Converting assets to provide income at a random point in the future is difficult, and predicts far too many factors that are out of the investor's control. We have found too many investors simply assume things they have little power over, such as:

• stock market performance
• interest rates
• future portfolio values

Unfortunately, this leaves them "chasing" returns and performance.

We believe focusing on portfolio income and income growth gives us the single best probability of achieving our goals. Here is sample of our thought process vs. the conventional thought process:

Conventional Thought Process:	Our Thought Process:
What's my current account balance?	How much income does my portfolio generate?
How much is my account up / down this year?	How much did my income grow this year?
I bought XYZ at $20 hoping to sell it at $30	We are going to buy XYZ at $20 for its 5% current yield
XYZ is down to $10, I see no alternative but to sell it at a loss	XYZ is down to $10, but the dividend is intact, so we can buy more shares at $10 locking in a healthy 10% yield
To retire, I'll have to grow my portfolio to X, then convert it to income producing assets and live off the income at retirement	We invest the portfolio for income and income growth so one can retire and live from the compounded dividends and income