Growth Report 2: MDH Investment Firm Stays the Course

EAST LIVERPOOL – MDH Investment Management capped off a successful 2022 in a year where the financial markets experienced plenty of volatility. 

The investment advisory firm, founded in 1982 and based in East Liverpool, provides services to individuals, retirement plans, trusts and charitable foundations.

“We are proud to have sidestepped the financial calamity last year that saw the equity markets decline 20% for the year,” says its president, David R.  Bickerton. “We’ve always invested in quality companies with real earnings and strong balance sheets. And those things matter again.”

Bickerton believes MDH can keep that momentum going into 2023 as higher interest rates open the door for other market sectors. The firm is now positioning its clients to own short term Treasury bills that provide steady income, he says.

Revenue in 2022 was strong and the firm anticipates 2023 could be a record year as disgruntled prospective clients seek out new investment counsel, according to Bickerton.

The new normal from the COVID years reconfirmed the notion that MDH’s client base is not limited to the Mahoning Valley, he says. The firm leverages technology to serve clients in 20 states.

MDH Investment Management plays an active role in the community partnering with organizations such as the chamber of commerce, Calcutta Rotary and Beaver Youth Soccer League.

Pictured at top: MDH Investment has a three-person staff: David R. Bickerton, Stephanie Grey and Marc D. Hoffrichter.

Published by The Business Journal, Youngstown, Ohio.