The Wiley Group Emerges As Independent Registered Investment Advisor Firm
October 2, 2009
Will Continue Redefining Retirement for Regional Clients Teamed With Charles Schwab Institutional As Custodian
Conshohocken, PA - October 2, 2009 - The Wiley Group, one of the
region's most respected retirement and wealth advisory firms,
announced today that it is now a fully independent Registered
Investment Advisor, ending a long relationship with Morgan Stanley
Smith Barney in an effort to better serve its clients.
As one of Morgan Stanley's premier regional offices with
approximately $200 million under management, the Wiley Group has a
25-year history serving hundreds of clients with an array of
retirement, wealth management and concierge financial services.
Jim Wiley, chief executive officer, chief investment strategist
and founder of the Wiley Group, said, "We have been proud of our
relationship with the outstanding professionals at Morgan Stanley
but we sincerely believe that we will be better able to bring more
transparency, clarity, cost efficiency and speed to our investors
as an independent firm."
The Wiley Group and its professional team is now headquartered
at 5 Tower Bridge, 300 Barr Harbor Drive, Suite 175, West
Conshohocken, PA, 19428. The Wiley Group has always strived to
successfully match client financial goals and performance to real
life goals and circumstances, with particular expertise serving
executives in the regional pharmaceutical, telecom and engineering
industries.
"Our primary investment philosophy is conservative, yet nimble,
relying on tactical asset allocation to manage market volatility as
our clients plan for the future. We will continue to seek to create
low-volatility portfolios that also optimize market opportunity as
our clients move forward in their lives," Wiley said.
Wiley is a graduate of Dickinson College with both Series 6 and
Series 7 licenses. During his 25-year career he has guided clients
through five bear markets and has developed a holistic financial
approach to life planning. "We've come to know that while global
financial markets may drive macro economic performance, our clients
face issues like real estate decisions, college expenses or elder
care that demand micro approaches. That's why we've developed a
concierge suite of expertise that addresses real-life financial
conditions, rather than just how your portfolio is performing in
the market," Wiley said.
The Wiley Group will use Charles Schwab Institutional as its
custodian, a firm specifically chosen because of its commitment to
technological innovation and client service, with no investments in
sub-prime real estate instruments and no proprietary investment
products that may not represent ideal client investment
opportunity.
"As an independent SEC registered investment advisor, we expect
to dramatically improve portfolio transparency and investor
communications, with customized performance reporting, client
events, webinars, updated website information and old fashioned
one-on-one meetings," Wiley said.
Wiley Group clients will continue to be served by an outstanding
executive and support team, including:
- Edgar Lambert, III, Chartered Retirement Planning CounselorSM ,
Economic Analyst - Lambert's responsibilities include
pre-retirement and early retirement planning, investment and
retirement feasibility analyses, financial planning based on
economic trends and perspective.
- Alexander F. Cabot, Quantitative Analyst - Cabot's
responsibilities include statistical analysis, daily trading,
performance reporting and quantitative risk analysis.
- Bernadette Parrish, Chief Operations Officer, Chief Compliance
Officer - Parrish essentially serves as a client's chief
communications officer, managing all corporate communications,
events and daily client contact.
- Marianne Scott, Operations Manager - Scott's primary
responsibilities include managing the operational requirements in
all client relationships.
"We believe we've been able to attract and retain some of the
best talent in the industry, both from an investment management and
client service perspective. We are extremely gratified that the
team our clients have grown to depend on will remain intact as the
Wiley Group," Wiley said. "In addition to our in-house investment
expertise, we will have access to outstanding research from Goldman
Sachs, Credit Suisse and other informed and enlightened
sources."
Contact:
Jim Wiley
Chief Executive Officer
Chief Investment Strategist
