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