Deb Gormley

Operates as a bank holding company whose subsidiary provides state banking services

WTC-IM employs top-down analysis to determine sector allocation, project interest and inflation rates, identify market trends and evaluate the overall economic outlook. Stocks identified in the firm's initial screening process are then subjected to bottom-up analysis. They invest in fixed-income securities, adjusting asset allocation according to their perception of top-down factors.

Citizens Bank Investment Services (CBIS) seeks to achieve returns above agreed upon common benchmark indices. The firm develops an asset allocation plan for each client that establishes an appropriate mix of stocks, bonds and money market investments which is consistent with the client's objectives. In selecting equity investments, the firm uses a disciplined approach that combines computer modeling techniques with fundamental analysis of companies and industries. CBIS' fixed-income portfolios focus on investments in high-quality securities that provide a competitive risk return trade-off. Bond portfolios are constructed to provide a weighted average maturity, deviation and yield that are consistent with the client's income needs, risk tolerance and total return objectives.