Corporate Bond Ladders
Equity Investing
We seek to buy growing, profitable, and well-capitalized businesses at reasonable prices. The habit of relating quality to value is central to the WCA equity investing process.
Asset Allocation
A comprehensive suite of asset allocation portfolios focused on matching investment objectives with risk tolerance. Both passive and active strategies are offered.
Fixed Income
This portfolio seeks to generate a stream of income from a portfolio of 30 investment-grade corporate bonds. The portfolio is constructed as a “ladder” with maturities spanning 10 years.
Recent Commentary
The Limits of Traditional Risk Measures
Ask most investors what “risk” means and they’ll point to volatility — specifically, standard deviation, the familiar statistical measure of how much a portfolio’s returns fluctuate around their average. For decades, standard deviation has been the default language of investment risk. It appears in fund fact sheets, academic papers, and advisor presentations. It is the backbone of modern portfolio theory. And it is, in important ways, an incomplete picture. Standard deviation treats upside and downside fluctuations as equally “risky.” A month in which your portfolio gains 8% is counted the same as a month in which it loses 8% in the…
Washington Crossing Advisors Quarterly Commentary Q2 2026
Global markets are adjusting to a changing environment shaped by geopolitical conflict, higher energy costs, and tightening credit conditions. Credit spreads widened during the first quarter as well. Both factors helped contribute to some downward pressure on our WCA Barometer and a modest reduction in equity exposure in tactical portfolios. These developments are occurring against a broader backdrop of transition away from the zero-interest-rate world toward a higher cost-of-capital environment. Our tactical positioning is updated as market leadership shifts, risks change, and as tactical discipline becomes more important. We continue to emphasize diversification, flexibility, and disciplined portfolio positioning as conditions…
An Appropriate Benchmark for Quality Investing
The investment industry often frames success as beating the S&P 500 or one of its style indices such as Value or Growth. However, most financial advisors and their clients are not trying to beat an index; they are trying to grow their wealth, generate income, and avoid large losses. Those are very different objectives, and they require a different way of thinking about benchmarks and portfolio construction. It has been our experience that most advisors and investors we work with ask for a seemingly simple thing which is to “make money and try not to lose it.” Somehow, this simple…