With the backdrop of a resilient and expanding economy, coupled with prospects for pro-business tax and regulatory policies, the market entered 2025 with positive momentum, reaching a peak in February. Over the last week, sentiment has quickly shifted as uncertainty surrounding tariffs and negative revisions to corporate earnings estimates have led to market declines. From the highs, stock prices have declined to the lowest levels since September.

Gain valuable insights into FAM Funds with this informative video presentation. CEO Anne Putnam provides a Fenimore retrospective, offering a look at the firm's journey and vision. Chief Investment Officer John Fox shares a comprehensive review of 2024 and an outlook for 2025. Additionally, fund managers discuss key differentiators, performance highlights, and recent portfolio activity, providing a deeper understanding of FAM Funds' investment approach.

Fenimore Asset Management, an independent, Capital Region-based investment advisory firm and manager of the FAM Funds family of mutual funds, announces that Hunter Frayne was promoted to Investment Research Analyst after earning his CFA® (Chartered Financial Analyst®) designation.

Fenimore Asset Management is featuring five nonprofits as part of its 50th anniversary celebration and overall 2024 charitable giving. Double H Ranch represents Youth Development, one of our five main giving categories.

FENIMORE ANSWERS INVESTOR QUESTIONS The recent presidential election has certainly prompted various questions from our investors. Beyond this topic, we want to share with you answers to other questions we have received recently. 1. Does your investment research team maintain access to company management and tour their operations? Yes, in most cases. One of the […]

Fenimore Asset Management is featuring five nonprofits as part of its 50th anniversary celebration and overall 2024 charitable giving. The Regional Food Bank represents Human Services, one of our five main giving categories.

Fenimore Asset Management is featuring five nonprofits as part of its 50th anniversary celebration and overall 2024 charitable giving. St. Peter’s Hospital Foundation represents Healthcare, one of our five main giving categories.

Fenimore Asset Management is featuring five nonprofits as part of its 50th anniversary celebration and overall 2024 charitable giving. The Mohawk Valley Library System represents Education, one of our five main giving categories.

Fenimore Asset Management is featuring five nonprofits as part of its 50th anniversary celebration and overall 2024 charitable giving. Proctors Collaborative represents The Arts, one of our five main giving categories.

Fenimore Asset Management is featuring five nonprofits as part of its 50th anniversary celebration and overall 2024 charitable giving.

This year’s FAM 5K “FUND” run/walk was more than just a race—it was a celebration of the power of community, health, and service. On race day, participants came together, united by a shared goal: to support the qualities that define our community—family, health, and a commitment to service.

We are pleased with the overall performance of our mutual funds so far this year and, more importantly, over the long term. Despite our positive view, your FAM Funds team understands that you may be apprehensive about the November election looming. The interest rate environment, fears of a recession, and artificial intelligence (AI) may also be on your mind.

Fenimore in the Community: Supporting Double H Ranch’s Life-Changing Mission At Fenimore, our commitment to community extends beyond the office. This summer, our associates proudly lent a helping hand at Double H Ranch – A SeriousFun Camp, a place that offers free, life-changing programs for children and families facing life-threatening illnesses. Our team spent two […]

For the second year in a row, Fenimore proudly partnered with Siena College basketball teams to host a Court Rehab Dedication and Ice Cream Social. This year’s event took place at the newly renovated George Street basketball court in Green Island, New York.

Fenimore announces that Justine Phoenix — Vice President, Distribution & Broker Dealer Engagement & Head of Diversity Project North America at Nicsa — has joined the FAM Funds Board of Independent Trustees. She has more than 30 years of experience in asset management and intermediary distribution, including client relationship management, business development, and operations.

Fenimore Asset Management, an independent, Capital Region-based investment advisory firm and manager of the FAM Funds family of mutual funds, welcomes Richard Heim and Jonathan Moran to the firm’s growing team.

Fenimore Asset Management held a ribbon cutting today to celebrate the company’s opening of its new Albany office at 142 Wolf Road. This is one of several celebrations as the firm marks 50 years of business this year.

Ronald McDonald House Charities of the Capital Region stands by families in their toughest moments and, at Fenimore, we're proud to stand by them.

A sense of stability has returned to the investment world as it appears that inflation is abating and the economy is growing slowly. Our team views stability with optimism and the stock market, which is forward-looking, has responded accordingly.

Will Preston, CFA®—Portfolio Manager, FAM Dividend Focus Fund—notes it's important to remember that the stock market regularly achieves all-time highs, and today's “peak” will inevitably be surpassed by a new market high in the future.

Anne Putnam, CEO, joins Amanda Blanton, Vice President, Marketing & Communications, at the Adirondack Regional Chamber of Commerce to discuss Fenimore’s 50th Anniversary, her new role and investing on the ‘I’m in with the ARCC’ radio show.

Meet our terrific team as featured in the Albany Business Review’s special section “Women In.”

FAM Small Cap Fund Portfolio Manager, Andrew Boord, shares his thoughts on small cap valuations.

“Palmer has a history of fostering trust and developing long-term relationships, so he fits our culture very well,” said Fenimore CEO Anne Putnam. “He is committed to helping our investors achieve their financial goals and is dedicated to community service.”

The annual newsletter features Investment Insights, our CEO’s Message, Investor Education & Planning, Four Generations of Investors, and more.

John Fox, CIO, joins Walter Thorne, Market President and Publisher of the Albany Business Review, to discuss Fenimore's investment approach.

You may have heard the saying that building wealth is a marathon, not a sprint. That it takes patience and time to see returns on your investments. That kind of advice is sound—compound interest takes time to really pay off; the earlier one starts investing in their future, the better. However, there’s often another barrier to investing that can make getting started tricky: trust. Who can you trust with your personal savings and to look out for your best interests, and how can you tell who is best equipped to manage your assets with your long-term goals in mind?

The leader of Stewart's Shops Corporation brings great business acumen and experience to Fenimore Asset Management.

Anne Putnam, CEO, teams up with Walter Thorne, Market President and Publisher of the Albany Business Review, for Albany Executive Insights. In Part 1, Anne reveals her proudest moments as Fenimore approaches its 50th anniversary and the key elements that define Fenimore.

As we head into the fourth quarter, our research team continues to hit the road and phone to talk with the companies we own and those we’re considering buying — gathering insights into their businesses, fact-checking our instincts, and seeking to ensure that the investments we’re making on your behalf meet Fenimore’s stringent criteria.

Second-generation leader brings deep relationship management experience and lifelong commitment to firm’s core values to new role.

Discover the key insights reshaping the industrial landscape in 2023, straight from the Fenimore team's participation at the recent Jefferies Industrial Conference.

Fenimore Asset Management, manager of the FAM Funds, welcomes you to join us for the 37th Annual Investor Meeting on October 10, 2023.

If you were given the choice between taking $1 million today or a single penny that doubles every day for 30 days, which would you choose? If you were like most people, you would choose the $1 million and, in doing so, you would have missed an opportunity worth many millions more. Why? Because most of us have a hard time understanding just how powerful compounding is. It’s so powerful in fact, that the doubling penny turns into more than $5 million in 30 days.

The Joshua Project feeds our neighbors throughout Schoharie County and Fenimore was thrilled to work in partnership with them for the second time to provide lunches and healthy snacks to individuals and families during this past summer.

Fenimore joined forces with Siena College Men’s and Women’s Basketball teams and CAPTAIN Community Human Services to host a Court Rehab Dedication and Ice Cream Social at the newly renovated basketball court at Cheryl's Lodge in Clifton Park, New York.

Fenimore has appointed Makayla Tebano to Vice President of Marketing. Makayla, a Capital Region native, leads the firm’s marketing and brand strategy.

Fenimore has promoted Shaun Fagant to Regional Director. In his new role, Mr. Fagant will share Fenimore’s distinctive investment approach and solutions with individuals, families, nonprofits, small businesses, and other organizations.

Marc Roberts, CFA — Portfolio Manager, FAM Value Fund — shares what he’s heard on moderation and resiliency coming out of Q1 earnings results.

The Fenimore team and their families joined forces with the City Mission of Schenectady to serve a BBQ dinner to those in need in our community.

Congratulations, Antonio Goodwyn, for earning the Chartered Financial Analyst® (CFA®) designation - one of the highest distinctions in the investment management profession!

Congratulations to Christian Snyder and Berne-Knox-Westerlo high school for being the winning team in this year’s Junior Achievement Titan CEO Challenge.

Warren Buffett once said, “What you really want to do in investments is figure out what’s important and knowable. If it’s unimportant or unknowable, you forget about it.” Discover what we think is “important and knowable.”

For the second year in a row, the Fenimore team partnered with The Veterans & Community Housing Coalition to help make a house a home by providing 10 ‘Welcome Home to a Hero’ baskets for women veterans that are transitioning into permanent housing

A hallmark of our investment process is to personally know what we own, and the banks in which we invest are no different. Learn why we believe our banks are different from the banks in the headlines.

The Richmondville Volunteer Emergency Squad (RVES) provides emergency medical services to more than 2,600 residents in a rural Upstate New York county as well as to surrounding communities. While this rescue team is accustomed to saving others in danger, they recently had their own urgent situation.

Fenimore associates participated in several different career and investment education events for students recently as part of our ongoing commitment to investing in future generations.

Today’s market fluctuations, coupled with a cultural shift towards automation and DIY (do it yourself) servicing, have left many investors scratching their heads. Who can we trust? Of course, while automation may be fairly new, market moves that challenge investors are not. For example, today’s market is better off than in 1974, when a young, upstate New Yorker named Thomas O. Putnam was charged with investing his family’s assets after the sale of the family business.

The FAM Small Cap Fund was just recognized as a “Category King” in The Wall Street Journal.* “We are proud to receive this recognition,” said Andrew Boord, Portfolio Manager of the FAM Small Cap Fund. “At the same time, we don’t focus on categories or consider the portfolio to be a growth fund. Our focus is on researching and owning what we believe are quality companies that can grow and produce attractive returns over the long term.”

Capital allocation is one of the most important activities management teams do based on our experience of nearly 50 years. With excess free cash, leadership has five capital allocation choices.

John Fox, CEO joins Amanda Blanton, Marketing Director at the Adirondack Regional Chamber of Commerce to discuss Fenimore, investing, and our community on the ‘I’m in with the ARCC’ radio show.

The 2022 newsletter features our CEO’s Investment Insights, our President’s Message, IRA News, Team Highlights, Community Service, and more.

Christian Snyder, J.D., CFA®, President, was named in the Albany Business Review’s Leader Board series as one of the ‘54 Capital Region senior executives you should know’ on December 11th. This series features ‘well-known executives making career moves and those new to the region.’

Fenimore Asset Management conducts firsthand research and seeks to invest in select, quality businesses. We believe it is our holdings’ collective quality characteristics that have helped our mutual funds typically outperform during down markets.

As active, fundamental investors we are focused on what businesses are doing and how they can and will grow for the long term. Here are our thoughts on the current market climate and why we believe it’s more important than ever to remain focused on a long-term strategy.

The FAM Small Cap Fund was recognized as a “Category King” in The Wall Street Journal* for the second consecutive month. “It’s an honor to be recognized again; however, the credit is owed to our team and Fenimore’s market-tested investment approach that has been refined over the past 48 years,” said Kevin Gioia, Portfolio Manager of the FAM Small Cap Fund. “We look forward to continuing to serve our shareholders as we seek to invest in what we believe are quality businesses that can produce strong returns over time.”

"With 16 years of experience working closely with financial advisors across the country, Billy will be a key contributor to Fenimore’s third-party distribution and service team,” said Fenimore Senior Vice President Anne Putnam.

Liza Baran, Director of Shareholder Services, highlights service enhancements and reinforces the various ways you have direct access to our team.

Fenimore Asset Management announces the appointment of Christian Snyder, J.D., CFA®, as President. He succeeds Debra Pollard who is retiring from Fenimore at the end of 2022 after a tenure of more than 30 years, the last six as President.

Every fall since 2005, Ellms Family Farm opens its gates to welcome people from all over the Capital Region to their farm in Ballston Spa, NY. For many families, the combination of activities, pumpkins, and cider donuts make it a ‘must-do’ event.

As the leaves begin to change color in Upstate New York and the nights become chilly, my fall routine kicks into gear. The first thing I do is call my perennial firewood supplier to negotiate the price and place an order. After much friendly banter during our recent call, this hard-working entrepreneur said that there will be a large price increase in 2022. Higher labor, gasoline, truck and equipment maintenance, and overall operational costs give him no choice but to raise the price. This pattern is being repeated throughout our economy.

New Location. New Format. Same Investment Philosophy. Please join us! Our investment research team will share insights from their company visits and meetings with management.

Since 1994, Fenimore Asset Management has held its annual FAM 5K “Fund” Run/Walk each September (except during COVID-19). Preparations for this year’s race on September 24th are already in full swing and we caught up with Keith Cataldo, Director of Trading and Operations at Fenimore and the FAM 5k Team Captain to learn more about why he became the organizer of this race what that means to him.

Fenimore announces that Yolanda Caldwell, Chief Diversity Officer at The College of Saint Rose and a business consultant, has joined FAM Funds’ Board of Independent Trustees.

William Preston — Portfolio Manager, FAM Dividend Focus Fund — shares his thoughts on oil prices, inflation, and why we are still confident despite these turbulent times.

We applaud Shannon for receiving the “Georgia Van Dyke Award” from the Schoharie County Chamber of Commerce! She was recognized for generously dedicating her time and talent to the chamber and community over many years.

Hunter Frayne joins Fenimore’s growing team as an Investment Research Associate. Mr. Frayne conducts firsthand, in-depth, company research adhering to Fenimore’s distinctive, time-tested investment approach. He graduated with honors from the University of Connecticut with a double major in Economics and Philosophy.

Joe LeRoy, CFP®, has joined Fenimore Asset Management’s growing team as an Investor Relations professional. Joe works alongside investors sharing Fenimore’s distinctive and understandable investment approach and helping them achieve their long-term financial goals.

At Helios Care, employees and volunteers work towards “Making Life Easier for patients and families facing serious illness or end of life by providing choices, dignity and compassionate care.”

Thank you to the Albany Business Review for highlighting Deb Pollard, Anne Putnam and Liza Baran from our leadership team as they share their lessons in leadership, what drew them to the finance industry and their advice for others who want to set off in a similar direction.

The Regional Food Bank of Northeastern New York distributed more than 51 million pounds of food and grocery products in 2021 — the equivalent of 42 million meals — across 23 counties! The need is great … and growing.

As we continue the 10-Year Anniversary of the FAM Small Cap Fund, Andrew Boord, Portfolio Manager, discusses the long-term outlook for the fund.

Marc Roberts, Portfolio Manager, FAM Value Fund, explains why visiting companies, meeting with management, and discovering what’s new are an integral component of our distinctive investment research process.

After two years of limited travel, Fenimore’s analysts are back in full swing meeting with management teams in person. Discover what they’ve learned.

The following table presents the year-to-date capital gains and income for each fund for 2021.

"I have been at Fenimore for 26 years and in every one of those years, but one, the market had a decline of 5% or more during the year. This is a normal part of stock investing.” — Fenimore’s CEO John Fox

Fenimore’s associates are grateful for our longtime partnership with the Boys & Girls Clubs of Schenectady. It’s an honor to support their life-changing work and help provide state-of-the-art spaces equipped with technologies designed to protect their children and teens.

Tom Putnam, Fenimore’s Founder & Executive Chairman, discusses his leadership role on our team.

Michael Weaver joins the Fenimore team as a Business Development Specialist on its sales team. Mr. Weaver is responsible for the firm’s customer relationship management system and optimizing data and reporting procedures while providing other sales team support. He earned his bachelor’s degree in economics from Siena College in 2021, with minors in both business and data science.

Fenimore Asset Management’s 2021 newsletter features: Investment Insights from CEO John Fox, “You don’t have to know the future, but you do have to know your companies;” President Deb Pollard’s message on Fenimore’s commitment to delivering useful investment knowledge to you when and where you want it; and more!

Throughout the month of December and through many organizations, the Fenimore team participated in several opportunities to spread cheer in our community.

Fenimore associates kept the tradition alive of gathering at the Cobleskill Fairgrounds on the fourth Saturday in September.

Tom Putnam shared his insights and changes to his role in the Albany Business Review article, “The next step in Fenimore’s succession plan, decades in the making.”

Mr. Roberts joins Chief Executive Officer John Fox and Portfolio Manager Drew Wilson in managing the FAM Value Fund. Fenimore’s Founder & Executive Chairman Tom Putnam has announced that he will transition away from his Portfolio Manager role in all three of the FAM Funds at the end of 2021 to concentrate fully on his role as Executive Chairman.

Liza Baran, Director of Shareholder Services, discusses key benefits of our service offerings and recent enhancements.

Whether it’s the investments we choose or the service we provide, quality is one of Fenimore’s key principles — Guided by Quality. Invested Together. This piece is part of the “Just A Minute with Fenimore” video series.

The Fenimore team was excited to kickoff summer by planting flowers outside the Cobleskill Regional Hospital. We sincerely hope the beautiful flowers and bright colors serve as a welcome sight for patients, visitors, and our healthcare workers.

FAM Small Cap Fund Portfolio Managers Andrew Boord and Kevin Gioia chat with Senior Vice President Anne Putnam about Fenimore’s relentless quest for quality small-cap stocks. This pursuit began in 1974 and continues today.

Fenimore’s team strives to serve with excellence and integrity every day. Earning and maintaining our investors’ trust is what matters most. This segment is part of the “Just A Minute with Fenimore” video series.

Since the pandemics onset, we have taken two steps forward and one step back on several occasions. This is another one of those times. Corporate earnings for 2021’s first two quarters exceeded expectations and stock prices followed upward.

The Fenimore team spent a rainy spring morning delivering 38 packages filled with birdfeeders, birdseed, umbrellas and thoughts of the warm weather to come to the residents at Springbrook NY.

As we celebrate 25 years of service to our shareholders, we’re pleased to provide an insight into 6 Key Lessons Learned along the way that have helped contribute to the Fund’s long-term success.

John Fox and his insights on investing were highlighted in the Albany Business Review’s article, “Fenimore CEO's 3 biggest lessons from the year since the pandemic stock market crash.”

When Fenimore Founder Tom Putnam and Portfolio Manager Paul Hogan mapped out the investment strategy for the firm’s second mutual fund a quarter century ago, they focused on mid-cap companies with a history of paying growing dividends.

Fenimore’s headquarters is located near the National Baseball Hall of Fame in Cooperstown, NY. But who knew we’d have our own Hall of Famer right here?

5th Annual Fenimore Talks Event 2020’s Market Crash: A Look Back It’s been one year since this historic plunge. How did we navigate the crash? Learn from Fenimore’s distinctive, stress-tested investment approach.  Please join us as Fenimore’s CEO John Fox, President Debra Pollard, and Portfolio Managers Kevin Gioia and Will Preston discuss these topics with […]

GOOD MEDICINE At Fenimore, we’ve long found that community service is good for the soul — especially when you’re helping those who help others. A group of our team members recently donned their gardening gloves, grabbed their tools, and set out to beautify the grounds of Cobleskill Regional Hospital. It’s our way of saying thanks […]

FAM 5K “Day of Thanks” Fenimore did not hold this year’s 27th Annual FAM 5K “Fund” Run/Walk, but we wanted to thank the five local charities the race supports. On September 25, our associates delivered gift baskets and checks to each organization as well as the local police and fire departments. The five charities are: […]

TUESDAY October 13, 2020 12:00 – 1:00 p.m. EST

Our goal is to provide you with an exceptional service experience. To help us do so, we are pleased to announce that Ultimus Fund Solutions, LLC became the Co-Transfer Agent for FAM Funds effective September 14, 2020.