Formed in November 2000 by Jeanie Wyatt, CFA, a veteran investment professional with 27 years of trust banking experience, South Texas Money Management, Ltd. is registered with the U. S. Securities and Exchange Commission, as well as the State of Texas. (Form ADV -- Investment Adviser Registration).

Our small but specialized staff is committed to producing competitive investment returns and providing highly individualized client service. With approximately $1.6 billion (as of 09/30/09) in assets under management, STMM offers investment advisory services to individuals, trusts, estates, employee benefits plans, and endowments.

Our goals for our clients are to:

• Build prudent portfolios where clients can store the majority of their investments
• Establish long-term relationships with our clients.

Over 60 percent of our total assets under management are equities, where we offer a "core" equity style. The objective is to outperform the S&P 500 Index or the Wilshire 5000 Index by 100-200 basis points (1% to 2%) net of fees on an annualized basis over a three- to five-year period with 20% less volatility than such indexes during the period.

Our "core portfolio" blends two distinct styles: value and growth. The goal of our style diversification is to participate in all market trends, whether driven by value or growth. This blending technique tends to smooth returns.

Where fixed-income investments are appropriate, we use investment-grade bonds, again emphasizing diversification. Maturity management is generally based on the current shape of the yield curve, taking into consideration the past 12-month trend, as well as current market conditions.

We report our performance numbers on a quarterly basis to a variety of external databases used by institutional investors and investment consultants.

Investment Outlook

Investment Discipline

External Databases

Performance