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In 1988,
Douglas and Cynthia Ferguson founded Ferguson Investment
Consultants, a financial advisory firm focused on separately
managed accounts for individuals and institutions. They based the company on the idea of
providing superior asset management services through investment
discipline, experience, diligence and close partnership with each
client. The company prided itself on its unwavering commitment to proven
investment principles and diligent analysis.
Unlike many of the bigger investment houses, they envisioned a
company unencumbered by conflicts of interest. The proprietary research
that Douglas performed was for the sole benefit of the company's clients. The
company derived no profit or commission on trades of any investment
vehicle, nor did it have any ancillary businesses that could bias its
investment analysis. The company’s singular focus was to help clients
achieve their investment objectives.
Douglas also instilled in his company a culture of cost minimization. He
understood the importance of the multiple factors that determine
investment success. These factors not only include investment selection,
but also management fees, trading costs, taxes and asset allocation. The
firm’s strategy was uniquely designed to optimize the impact of each of
these factors on the performance of clients’ portfolios.
In 2002, Douglas’ and Cynthia's son Jon joined Ferguson Investment Consultants and
took responsibility for managing the investment portfolios of the firm’s
clients. In 2003, Terrence Emde joined to further strengthen the firm’s
compliance, operations, and securities analysis functions.
Together, the team continued to build the company based on its
fundamental principles. Under Jon’s guidance, the company’s investment
performance experienced record highs. With Douglas’ tutelage and
Terrence’s strength in operations, new clients expanded the company’s
assets under management into the tens of millions.
In early 2007, after a long battle with brain cancer, Douglas Ferguson
passed away. In addition to leaving an enduring positive impression on
the people whose lives he touched, Douglas’ legacy lives on in the
foundation of the company that he and his wife began.
The summer and fall of 2007 marked exciting changes for Ferguson
Investment Consultants. Several initiatives were conducted in order to
fortify and grow an already thriving practice. The team grew with the
addition of Derek Evans, bringing his strategy and asset management
experience to the firm. A complete review of the corporate vision ensued
and a strategic plan was formulated to safeguard and enhance the firm’s
maturation. The company also executed a complete rebranding, changing
its name to FIC Capital, and showcasing its differentiating elements to
investors. A new investment product was formulated as well, as FIC
Capital laid the foundation for its alternative investments.
While the new initiatives signify an exciting period of change for the
firm, many of the core elements and beliefs that Douglas embedded in the
culture remain in practice today, and will continue into the future. FIC
Capital is still all about demonstrating fortitude and integrity through
an unwavering commitment to its clients’ best interests and to a
diligent, proprietary investment process.
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