To Our Clients and Friends of Parthenon LLC After three years of painful declines for the average equity investor, it was again pleasurable to own stocks in 2003. The S&P 500 rose 28.7%, including dividends. This was the strongest advance for the broad index since 1997. The gains were fueled by an economic acceleration, which…
To Our Clients and Friends of Parthenon LLC In spite of turbulent economic news and geopolitical events, the equity and bond markets were subdued in the first half of the year. The major stock market indices made little headway for the period, and volatility was mild by recent standards. The S&P 500 rose 3.44%, while…
Louisville, KY – Parthenon LLC, an independent, employee-owned investment management firm, is proud to celebrate its fifth anniversary, an impressive feat considering the U.S. market has seen its most severe decline in over 25 years. Since it first began accumulating assets in 1999, Parthenon has been providing investment management for high net worth individuals and…