Monday, August 25, 2008

Administrivia

We've changed our name! May-Investments, my Grand Junction-based registered investment advisor that provides custom wealth management services, has announced a name change from “Scout Partners, LLC.” The new name was chosen with the encouragement of clients, “who like seeing me take accountability for the investment results by having my own name on the door.”

The name change is effective immediately though firm ownership remains 100% local and in all other ways, such as its existing relationship with Fidelity Investments as its primary custodian, the company remains the same.

We needed to make a change to satisfy some out of state lawyers, and the old name caused enough confusion that it really wasn’t worth fighting over. Our strategy of total capitulation seems to have worked, so we can focus on actively managing client portfolios and continuing to protect clients from what has been, thus far, a pretty tough market.

Douglas B. May, CFA, is President of May-Investments, LLC and author of Investment Heresies.



No comments:

Post a Comment