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background:navy;padding:6.0pt 6.0pt 6.0pt 6.0pt'> <div> <p class=MsoNormal align=center style='text-align:center'><b><span style='font-size:10.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman";color:white'>Groesbeck<br> Investment Management Corporation</span></b><b><span style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></span></b></p> </div> </td> <td width=915 style='width:686.25pt;padding:6.0pt 6.0pt 6.0pt 6.0pt'> <p class=MsoNormal align=center style='text-align:center'><span style='mso-fareast-font-family:"Times New Roman";mso-no-proof:yes'><img width=415 height=104 id="_x0000_i1035" src="images/logoblue.jpg" alt="Description: Description: Description: Description: Description: Description: W:\www.groesbeckim.com\images\logoblue.jpg"></span><span style='mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=125 style='width:93.75pt;border:solid navy 3.0pt;border-top:none; mso-border-top-alt:solid navy 3.0pt;background:navy;padding:6.0pt 6.0pt 6.0pt 6.0pt; max-width: 125px'> <div> <p class=MsoNormal align=center style='text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'>&nbsp;<o:p></o:p></span></p> </div> </td> <td width=915 style='width:686.25pt;padding:6.0pt 6.0pt 6.0pt 6.0pt'> <p class=MsoNormal align=center style='text-align:center'><span class=style41><span style='font-size:24.0pt;mso-fareast-font-family:"Times New Roman"'>Welcome to Groesbeck Investment Management Corporation</span></span><span style='mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2;height:557.25pt'> <td width=125 style='width:93.75pt;border:solid navy 3.0pt;border-top:none; mso-border-top-alt:solid navy 3.0pt;background:navy;padding:6.0pt 6.0pt 6.0pt 6.0pt; height:557.25pt'> <div> <p align=center style='text-align:center'><span style='font-size:10.0pt; font-family:"Verdana","sans-serif";color:white'><a href="brochures/Dividendgrowthisaliveandwell.pdf" target="_blank"><span style='color:white'>Download our Article &quot;Dividend Growth is Alive and Well&quot;<br> June 2009<br> </span><span style='color:white;mso-no-proof:yes;text-decoration:none; text-underline:none'><img border=0 width=16 height=16 id="_x0000_i1034" src="images/icpdfdoc.gif" alt="Description: Description: Description: Description: Description: Description: W:\www.groesbeckim.com\images\icpdfdoc.gif"></span><span style='color:white'>(pdf 572k)</span></a></span><o:p></o:p></p> <u1:p></u1:p> <p align=center style='text-align:center'><span style='font-size:10.0pt; font-family:"Verdana","sans-serif";color:white'><a href="brochures/Growth%20of%20Income%20Brochure%202018.06.30.pdf" target="_blank"><span style='color:white'>Download our Growth of Income Brochure <br> 2ND </span><span class=style31><span style='font-size:13.5pt;color:white'>Quarter 2018</span></span><span style='color:white'><br> </span><span style='color:white;mso-no-proof:yes;text-decoration:none; text-underline:none'><img border=0 width=16 height=16 id="_x0000_i1033" src="images/icpdfdoc.gif" alt="Description: Description: Description: Description: Description: Description: W:\www.groesbeckim.com\images\icpdfdoc.gif"></span><span style='color:white'>(pdf 1.42MB)</span></a><u><o:p></o:p></u></span></p> <p align=center style='text-align:center'><span style='font-size:10.0pt; font-family:"Verdana","sans-serif";color:white'>&nbsp;<a href="brochures/GroesbeckBusinessContinuityPlan-Pragmatix.pdf"><span style='color:white'>Download our Business Continuity Plan<br> </span><span style='color:white;mso-no-proof:yes;text-decoration:none; text-underline:none'><img border=0 width=16 height=16 id="_x0000_i1032" src="images/icpdfdoc.gif" alt="Description: Description: Description: Description: Description: Description: W:\www.groesbeckim.com\images\icpdfdoc.gif"></span><span style='color:white'>(pdf 94k)</span></a><u1:p></u1:p></span></p> <p align=center style='text-align:center'><span style='font-size:10.0pt; font-family:"Verdana","sans-serif";color:white'>&nbsp;&nbsp;<a href="Privacy%20Policy.doc"><span style='color:white'>Download our Privacy Policy<br> </span><span style='color:white;mso-no-proof:yes;text-decoration:none; text-underline:none'><img border=0 width=16 height=16 id="_x0000_i1031" src="images/icpdfdoc.gif" alt="Description: Description: Description: Description: Description: Description: W:\www.groesbeckim.com\images\icpdfdoc.gif"></span><span style='color:white'>(pdf 41k)</span></a><u1:p></u1:p></span></p> <p align=center style='text-align:center'><span style='font-size:10.0pt; font-family:"Verdana","sans-serif";color:white'>&nbsp;&nbsp;<a href="brochures/ADV%20PART_2A%20and%20Part_2B%202017.pdf"><span style='color:white'>Download our ADV II<br> </span><span style='color:white;mso-no-proof:yes;text-decoration:none; text-underline:none'><img border=0 width=16 height=16 id="_x0000_i1030" src="images/icpdfdoc.gif" alt="Description: Description: Description: Description: Description: Description: W:\www.groesbeckim.com\images\icpdfdoc.gif"></span><span style='color:white'>(pdf 1.09MB)</span></a></span><o:p></o:p></p> <u1:p></u1:p> <p align=center style='text-align:center'><span style='font-size:10.0pt; font-family:"Verdana","sans-serif";color:white'><u1:p>&nbsp;</u1:p></span><o:p></o:p></p> <p align=center style='text-align:center'><span style='font-size:7.5pt; font-family:"Arial","sans-serif"'><u1:p>&nbsp;</u1:p></span></p> <p align=center style='text-align:center'><span style='font-size:7.5pt; font-family:"Arial","sans-serif";color:white'>You need Adobe Acrobat Reader to view this brochure<br> </span><a href="http://www.adobe.com/support/downloads/main.html"><span style='font-size:7.5pt;font-family:"Arial","sans-serif";mso-no-proof:yes; text-decoration:none;text-underline:none'><img border=0 width=88 height=31 id="_x0000_i1029" src="images/getacro.gif" alt="Description: Description: Description: Description: Description: Description: W:\www.groesbeckim.com\images\getacro.gif"></span></a><span style='font-size:7.5pt;font-family:"Arial","sans-serif"'><br> <span style='color:white'>Get Adobe Reader for FREE!<u1:p></u1:p></span></span></p> </div> </td> <td width=915 valign=top style='width:686.25pt;padding:6.0pt 6.0pt 6.0pt 6.0pt; height:557.25pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>&nbsp;<o:p></o:p></span></p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif";color:navy'>A</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:navy'>BOUT </span></u><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif";color:navy'>O</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:navy'>UR </span></u><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif";color:navy'>F</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:navy'>IRM </span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:#006666'><br> </span></u><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Groesbeck Investment Management Corporation is an employee-owned, SEC registered investment adviser, providing equity portfolio management services to endowments, foundations, pension plans, trusts, Taft-Hartley accounts, IRA s and high net worth individuals.&nbsp; Since our founding in 1993, we ve provided above-market investment performance through a disciplined, risk-sensitive process.&nbsp;&nbsp;</span></p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><a name=do></a><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif"; color:navy'>O</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif"; color:navy'>UR </span></u><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif"; color:navy'>I</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif"; color:navy'>NVESTMENT </span></u><u><span style='font-size:18.0pt;font-family: "Arial","sans-serif";color:navy'>S</span></u><u><span style='font-size:13.5pt; font-family:"Arial","sans-serif";color:navy'>TYLES</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:#006666'><br> </span></u><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Groesbeck Investment Management offers two distinct equity portfolio management investment strategies depending on the client s requirements and objectives.&nbsp; Our <b>Growth of Income</b> style seeks to provide a growing stream of current income and a total return in excess of the S&amp;P 500.&nbsp; Our <b>Growth </b>style seeks to generate higher than market returns, primarily through capital appreciation.&nbsp; The investment processes of these two portfolio management strategies are summarized below.</span></p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><a name=gip></a><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif"; color:navy'>G</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif"; color:navy'>ROWTH </span></u><u><span style='font-size:18.0pt;font-family: "Arial","sans-serif";color:navy'>O</span></u><u><span style='font-size:13.5pt; font-family:"Arial","sans-serif";color:navy'>F </span></u><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif";color:navy'>I</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:navy'>NCOME </span></u><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif";color:navy'>S</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:navy'>TRATEGY</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:#006666'><br> </span></u><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Our philosophy toward growth of income investing is to seek above-market portfolio returns through investment in securities of companies that our analysis indicates have the ability to increase earnings and dividends at a faster rate than their industry group and/or the stock market.&nbsp; We construct diversified portfolios of stocks that include both growth and income characteristics.&nbsp; The inclusion of high-yielding growth equity issues allows us to invest in growth-oriented stocks at lower dividend yields and still obtain an overall portfolio income yield that is well above that of the general stock market.&nbsp; In addition, this process leads to dividend income growth that is faster than that of corporate dividend growth in general and is significantly faster than the consumer price inflation rate.</span></p> <p style='text-align:justify'><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>We start with higher-than-market yield and stress growth of portfolio income at a rate faster than that of the market averages.&nbsp; Portfolio income growth is accomplished in two ways.&nbsp; First, we select companies that should experience relatively rapid dividend growth rates and target companies that we believe will increase dividends every year.&nbsp; Second, we augment this growing stream of income by periodically switching from lower yielding equities to higher yielding issues in order to raise the portfolio income level.&nbsp; In this manner, we can increase the income while also moving from relatively overvalued (lower yield) to relatively undervalued (higher yield) issues.</span></p> <p><a name=giip></a><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif"; color:navy'>G</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif"; color:navy'>ROWTH </span></u><u><span style='font-size:18.0pt;font-family: "Arial","sans-serif";color:navy'>S</span></u><u><span style='font-size:13.5pt; font-family:"Arial","sans-serif";color:navy'>TRATEGY</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif";color:#006666'><br> </span></u><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Our approach toward growth investing is to select the stocks of companies which we believe <span class=GramE>have</span> above-average earnings growth prospects.&nbsp; We purchase the stocks of companies whose future earnings growth is estimated to be at least 10% annually.&nbsp; Companies selected must meet our standards for financial strength, profitability and sustainability of future growth.&nbsp; We pay particular attention to revenue growth, because we believe the only sustainable growth comes from increased revenues, rather than simply through profit margin improvement.&nbsp; As part of the valuation process, stock purchases are made at price/earnings ratios that bear a reasonable relationship to the anticipated future rate of earnings growth.&nbsp; The ratio of stock price to trailing twelve month revenues per share is also part of our analysis.</span></p> <p style='text-align:justify'><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Once a growth portfolio is constructed, we continuously monitor the earnings progress of each company in the portfolio.&nbsp; Companies that fail to meet our earnings growth expectations will normally be sold and replaced with stocks that meet our investment criteria.&nbsp; We believe that successful growth investing requires a portfolio earnings stream that is growing at above-market rates.&nbsp; By constantly pruning those issues that fail to meet our expectations, the portfolio will remain vibrant and should experience satisfactory earnings growth over the long term.</span></p> <p style='text-align:justify'><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>At Groesbeck, you will find us to be client friendly, flexible and devoted to our investment discipline.&nbsp; We work closely with our clients, understand their investment objectives, and strive to produce results which exceed their expectations. </span></p> <p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><a name=fp></a><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif"; color:navy'>F</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif"; color:navy'>IRM </span></u><u><span style='font-size:18.0pt;font-family:"Arial","sans-serif"; color:navy'>P</span></u><u><span style='font-size:13.5pt;font-family:"Arial","sans-serif"; color:navy'>ROFILE</span></u><span style='font-size:13.5pt;font-family:"Arial","sans-serif"; color:#006666'><br> &nbsp;</span> <u1:p></u1:p></p> <div align=center> <table class=MsoNormalTable border=1 cellspacing=0 cellpadding=0 width="70%" style='width:70.0%;border-collapse:collapse;border:none;mso-border-alt:solid windowtext .75pt; mso-yfti-tbllook:1184;mso-padding-alt:0in 0in 0in 0in'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'> <td width="100%" style='width:100.0%;border:inset navy 1.0pt;padding:.75pt .75pt .75pt .75pt'> <ul style='margin-top:0in' type=disc> <li class=MsoNormal style='mso-list:l0 level1 lfo3;tab-stops:list .5in'><b><span style='mso-fareast-font-family:"Times New Roman"'>Assets under management .......... $154.8 Million (06/30/18)</span></b><u1:p></u1:p><span style='mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></li> <li class=MsoNormal style='mso-list:l0 level1 lfo3;tab-stops:list .5in'><b><span style='mso-fareast-font-family:"Times New Roman"'>Longest client relationship .......... 45 Years</span></b><span style='mso-fareast-font-family: "Times New Roman"'> <o:p></o:p></span></li> </ul> </td> </tr> </table> </div> <div class=MsoNormal align=center style='text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'> <hr size=2 width="100%" align=center> </span></div> </td> </tr> <tr style='mso-yfti-irow:3'> <td width=125 style='width:93.75pt;border:solid navy 3.0pt;border-top:none; mso-border-top-alt:solid navy 3.0pt;background:navy;padding:6.0pt 6.0pt 6.0pt 6.0pt'> <p class=MsoNormal align=center style='text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'>&nbsp;<o:p></o:p></span></p> </td> <td width=915 valign=top style='width:686.25pt;padding:6.0pt 6.0pt 6.0pt 6.0pt'> <p align=center style='text-align:center'><b><span style='font-size:10.0pt; font-family:"Verdana","sans-serif"'><a href="index.htm">Main Page</a> |&nbsp; <a href="strategies.htm">Investment Process</a> | <a href="composites.htm">Performance</a> | <a href="biographies.htm">Biographies</a> |<br> <a href="feeschedule.htm">Account Minimum &amp; Fee Schedule</a> | <a href="contact.htm">Contact Us</a></span></b></p> <p align=center style='text-align:center'><b><span style='font-family:"Arial","sans-serif"; color:navy'>Groesbeck Investment Management Corporation</span></b><span style='color:navy'><br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.groesbeckim.com"><span style='color:navy'>www.groesbeckim.com</span></a></span></p> <p align=center style='text-align:center'><span style='font-size:7.5pt; font-family:"Arial","sans-serif"'><a href="disclosure.htm">Terms and Conditions</a> " <a href="disclosure.htm#pp">Privacy Policy</a> " <a href="contact.htm#directions">Directions</a></span></p> </td> </tr> <tr style='mso-yfti-irow:4;mso-yfti-lastrow:yes'> <td width=125 style='width:93.75pt;border:solid navy 3.0pt;border-top:none; mso-border-top-alt:solid navy 3.0pt;background:navy;padding:6.0pt 6.0pt 6.0pt 6.0pt'> <p class=MsoNormal align=center style='text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'>&nbsp;<o:p></o:p></span></p> </td> <td width=915 valign=top style='width:686.25pt;padding:6.0pt 6.0pt 6.0pt 6.0pt'> <p class=MsoNormal align=right style='text-align:right'><span style='font-size:7.5pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> Copyright 2002-2011 <a href="http://www.groesbeckim.com/">Groesbeck Investment Management Corporation</a>, Paramus, NJ<br> Revised April 19, 2011</span><span style='mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> </table> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </div> </body> </html>