News Article | August 26, 2013 |
Santa Monica, CA (August 26, 2013) – The Sierra Group of Companies today announced that managing director and co-founder David Wright has been named to Barron’s Top 100 Independent Financial Advisors and was ranked 34th out of 100. The Barron’s rankings formula is based on three general categories: assets, revenue, and quality of practice. There are multiple factors and calculations in each of these categories. The rankings reflect the volume of assets under management, revenues, and quality of the advisors’ practices as of June 30, 2013.
“At Sierra, we take our fiduciary duty very seriously, and that focus extends beyond managing money to every aspect of client service,” said Mr. Wright. “All of us are proud to be recognized by Barron’s and will continue to work hard on limiting downside risk and volatility, pursuing a solid return over a full-market cycle, and helping our clients achieve their financial goals.”
About The Sierra Companies
The Sierra Group of Companies (“Sierra”) comprises Sierra Investment Management, Inc., Ocean Park Asset Management Inc., and Wright Fund Management, LLC, which manages the Sierra Mutual Funds, which include the Sierra Core Retirement Fund and Sierra Strategic Income Fund.
Since 1987 Sierra has been helping retirees and other conservative investors preserve and grow their wealth. Through the years, Sierra has fine-tuned an investment approach specifically designed to try to limit downside risk and to provide satisfying returns over a market cycle by reflecting Sierra’s current market and manager views. Using decades of strategic research and proven risk management disciplines, Sierra strives to help their clients remain comfortably invested.
As of June 30, 2013, Sierra manages or advises more than $2.4 billion in client assets.
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