Portales Partners, LLc

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The Gateway to Independent Research . . .

Portales Partners provides independent research to
institutional investors. Our specialty is the analysis of the
financial services industry; including banks, brokers, consumer
finance, thrifts, REITs, and insurance companies. Our strengths
are marrying the macro trends with the micro consequences.

We pride ourselves on independent, in-depth analysis and original
thinking, unconflicted by corporate finance. Recommendations
are honest and straightforward. Portales' size confers a
nimbleness others lack, allowing our clients to benefit from
our undivided attention.

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