Investment Moves Due to Management Change (Clients)

Earlier this year the Chief Investment Officer of a major fund company in which we have investments left the firm. That put us on alert.

Founder/CEO Suddenly Depart

A few weeks ago the 70-year-old, founder, CEO and face of the firm suddenly departed. While stories are still circulating on the reason, we replaced these investments with identical asset class investments from differing firms.

Our main concern was investment performance due to cash flows.

A quick update, no action needed. Just doing our jobs and carefully watching our investment portfolios.

Have a great Monday!

John A. Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225


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