As we close out 2024, we wanted to share highlights of a truly remarkable year for O’Keefe Stevens Advisory. Our success was driven by the outstanding performance of our portfolios, driven by a disciplined investment strategy and a shared commitment to excellence. For our long-standing clients, your patience paid out dividends in 2023 and 2024. Thank you for your steadfast commitment to our strategy.

Notably, Fannie Mae became a standout contributor to portfolio results, producing the highest returns in most accounts last year. Nvidia also had another banner year for the portfolios that hold this long-standing position. Or course, not all positions were winners. Most notably, we eliminated our positions in Warner Brothers and Graftech, allowing us to concentrate on investments that align with our long-term vision. If you’d like to know more about the portfolio, I’d point you to Dominick’s 1^st Quarter Investment Update, or our recent 1^st Quarter Investor Call.

2025 also marked a significant milestone as we expanded our custodial partnerships by adding Fidelity Investments to complement our relationship with Charles Schwab. This addition enhances the breadth and flexibility of our service offerings, ensuring we continue to provide the exceptional experience you expect. We intend to grow our presence on the Fidelity Investments platform, while continuing to maintain our presence at Schwab.

We are proud to share that our team continues to grow and evolve. One of the highlights of 2024 was welcoming Grace Stolberg as a Financial Advisor after her successful conversion from our college internship program. Grace’s first year was nothing short of outstanding, and she exemplifies the talent and dedication that drives our firm forward.

Our collective efforts were recognized this year with two prestigious awards:

Rochester’s Top 100

Inc. 5000

These accolades reflect not only our growth but also the integrity, hard work, and combined intelligence of our well-diversified team of professionals. We are deeply grateful for the trust you place in us, which makes this success possible.

Focused Growth and Gratitude

While we’ve celebrated growth, we have also embraced an increased level of selectivity. Our focus remains on maintaining the quality of relationships and the exceptional service we provide, never sacrificing quality for quantity. As we look to 2025, this focus will guide us as we continue to align with clients who share our values and vision.

The wind is at our back, and we are more energized and focused than ever. The progress we’ve made is a direct result of the strong partnerships we have built with you—our clients. It is truly a pleasure and privilege to work alongside you, and we are protective of the special relationships we’ve cultivated.

Thank you for being an integral part of our journey. We look forward to continuing to serve you in 2025 and beyond.

Disclaimer

Investment advisory services are offered through O’Keefe Stevens Advisory, Inc., an SEC Registered Investment Advisor. © 2024 O’Keefe Stevens Advisory, Inc. All rights reserved. This content cannot be copied without the express written consent of O’Keefe Stevens Advisory, Inc.