J.L. Bainbridge’s Growth Benchmark: A Year of Success and Future Vision

JL Bainbridge has experienced a remarkable year of growth, with notable success attributed to investments in the equity markets. While not all areas of the Bainbridge growth portfolio have performed well, a measurable portion of the allocation is benefiting from ongoing trends in AI and energy. Secular trends for Artificial Intelligence and global electrification continue to be thematic for the investment committee.

The JL Bainbridge Team will continue to monitor market trends and companies that have strong performance and consistent earnings growth, and we will strive to adhere to our long-time company investment principles. Client retention, client referrals and the conversion of prospects to new clients as well as the growth portfolio have all contributed to reaching a milestone of having $1 billion in assets under management (as of June 30, 2024).

Guiding Investment Principles
At JL Bainbridge, our investment principles for the growth portfolio remain steadfast:

• Invest in Great Businesses: We prioritize investing in exceptional businesses managed by outstanding leaders.
• Focus on Cash Flow and Shareholder Returns: We emphasize businesses with strong cash flow that can pay dividends or repurchase shares, signaling judgment strength and long-term potential growth.
• Aim for Double-Digit Returns: Our analysis targets companies with potential 18-month returns in double-digits. Returns are never guaranteed.
• Stay Fully Invested: We advocate staying fully invested in growth assets to harness the power of compounding and avoid market timing attempts.
• Maintain Cash Assets: Holding sufficient cash provides stability during market volatility and prevents panic selling. We remain committed to delivering value and personalized service to our clients.

As we continue to grow, we look forward to supporting you in reaching your financial objectives while upholding the values that have guided us for over four decades.

Committed to Personalized Service
As we expand, JL Bainbridge remains steadfast in delivering the personalized, boutique experience that has defined our firm for over 43 years. Located in the heart of downtown Sarasota, we are committed to helping you meet your financial goals with tailored advice and dedicated service. Over the years, many of our clients have grown alongside us, and we take pride in fostering long-term relationships and nurturing the growth of your financial portfolio.

This past year has been a notable success for JL Bainbridge. We are proud of our achievements and remain committed to providing exceptional value and personalized service to our clients. As we look to the future, we are excited to continue supporting you in achieving your financial objectives, while upholding the core values that have guided us for more than four decades.

The views and opinions expressed in this article are those of J.L. Bainbridge & Co., Inc. and are subject to change and reflect our judgment as of the publication date. J.L. Bainbridge & Co., Inc. is a registered investment adviser. Registration with the SEC does not imply any level of skill or training. J.L. Bainbridge & Co., Inc. does not offer tax or legal advice. Please consult your tax or legal professional for assistance regarding your individual situation. J.L. Bainbridge & Co., Inc. is not a broker-dealer. For more information about our firm and our investment advisor representatives, please review our Disclosure Brochure (ADV Part 2A), Privacy Notice, and Relationship Summary (Form CRS) at jlbainbridge.com or reference the SEC website for more information on the firm and its advisors at: https://adviserinfo.sec.gov/firm/summary/108058. Investing involves risk, including the potential loss of principal. Past performance is not indicative of future performance. AD/24