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Performance

AFC’s performance is based on the real returns of our clients, net of all fees.

Client Performance

When Mike worked for other companies, he was told, “Sell the relationship, not the returns.” But the fact is, the very reason any of us invest is because we WANT returns. So, we have focused on maintaining long-term relationships with many of our clients – because that brings us (and you) the best returns.

AFC is in a longer-term transition phase. With the addition of new advisors, Mike is transferring his knowledge and over the course of the next ten years. Mike is convinced the new advisors will achieve results for clients that are even an improvement to what he has achieved.

Wealth Creation

Many firms focus on mitigating risk. Our focus is wealth creation. An 1% increase in annual performance over 25 years will result in a nest egg that is over 20% greater. Think of what 3%-5% in annual performance will do over 25 years.

Transparency

Each Quarter our performance reports will show how much your account has made or last and how much you have paid in management fees, not just for the quarter, but year-to-date and since inception.

Client Returns

We’re not only proud of our performance, but also of how our returns compare with others in the industry. Our results show we have consistently delivered for our clients over the long term (5 years or more).

Managed Growth Accounts

AFC's goal is to out-perform the market in the long-term (5 years or longer). We are banking on our ability and offer this program as proof of our confidence. AFC believes stock picking is both skill and luck in the shorter term but heavily weighted to skill in the longer-term. All posted returns are net of fees!

Profit Sharing Accounts

The Incentive Fee Program offers the opportunity for accredited investors who only want to share profits. There is no assets under management fee or management fee. Adams Financial Concepts only earns money if you do. If the account value goes down you pay nothing. Profits are calculated on a quarterly basis.

Incentive Profit Sharing values are shown net of sharing. Accounts at equilibrium are 150% long and 70% short but may be all long at times. There are 8 to 12 positions both long and short. AFC does not believe there is reversion to the mean. Rule 501 Regulation D of the US Securities and Exchange Commission defines an “accredited investor as one who has a net worth of one million one hundred thousand dollars excluding home. Past performance is no guarantee of future returns.

as of 12/31/2023AFCS&P 500AFCS&P 500
20059.9%7.3%20156.5%1.4%
200612.5%15.8%2016-3.3%17.4%
2007-9.8%5.5%201729.5%21.8%
2008-31.1%-37.0%2018-0.5%-4.4%
200931.3%26.5%201940.4%31.5%
201025.1%15.1%202077.8%16.3%
20118.7%2.1%20213.0%28.7%
201215.5%16.0%2022-44.5%-18.1%
201324.4%32.9%202317.0%26.3%
201410.8%13.7%

12/31/2023AFCS&P
2005 Inception11.5%8.1%
3 Year17.4%8.1%
5 Year17.8%7.9%

12/31/2023AFCS&P 500
2005 Inception9.0%9.9%
1 Year17.0%9.9%
2 Year-19.4%1.7%
3 Year-12.5%10.0%
5 Year10.8%15.7%
7 Year8.5%12.3%
10 Year6.9%11.3%

Put all your eggs in one basket and watch the basket.

The Snowball: Warren Buffett and the Business of Life, 2008