/24-7PressRelease/ - October 11, 2007 - Coho Partners Ltd. is pleased to announce their recent hiring as a Large Cap Core manager by Concord Wealth Management. Concord Wealth Management is growing rapidly adding bank trust departments, RIA's and other "advisory groups" to its highly consultative open architecture platform. Their recent hiring of Coho Partners Ltd. gives testament to their innovative approach and rapid success. Kirk Loury, CIO of Concord states, "Selecting investment products is much more than brand name and market share. We believe that the investment community shortchanges portfolio construction by ignoring the investment capabilities of boutique investment firms. Coho Partners Ltd. exemplifies an investment team singularly devoted to a specific investment process, with a service orientation you would expect from such devotion."
Peter Thompson, founder and CIO of Coho Partners Ltd. comments, "Coho Partners is looking forward to partnering with Concord Wealth Management, as we believe they are providing a unique platform to reach an under served market for many individual investors and smaller institutions. Our philosophy focuses on preserving principal during difficult periods while providing meaningful participation during rising markets, and is well suited for Concord's target markets. Moreover, a long term investment horizon tends to produce very low turnover and hence very tax efficient returns."
Coho Partners Ltd. currently has $300 MM under management in their stable growth/large cap core equity strategy, while Concord currently offers its services to more than 30 bank trust departments, RIA's, and other "advisory entities."
About Coho Partners Ltd.
Founded in 1999, Coho Partners Ltd. is a research intensive firm focused on a specific universe of high quality, stable, and defensive companies. The research effort analyzes the long term operating and financial strategies of its target universe.
www.cohopartners.com
About Concord
Concord designs, develops, and administers wealth management programs for numerous financial institutions including Trust and Private Banking Firms, independent financial advisors, broker dealers and family offices. Concord's team of experienced financial and technology professionals is frequently called upon to consult on open architecture wealth management platform design elements resulting in customized solutions for the wealth management intermediary. By integrating some of the world's best money managers into the financial institution's existing asset management faculty, Concord is able to dramatically expand the firms asset management capabilities. Thorough manager due diligence, comprehensive portfolio design techniques, trust accounting and custodial interfaces, performance reporting, and numerous analytical tools are delivered to the client via an extremely robust technology platform.
Please visit
www.concordwealthmanagement.com.
For more information or a complete press kit please contact Michael Drennan, Director of Marketing. 610-304-6752 or
mike@cohopartners.com---
Press release service and press release distribution provided by http://www.24-7pressrelease.com# # #
Press Release Keywords:- architecture, bank, hirings, hirings/firings, innovative, investment, manager, managers, mandates, new, open, platforms, programs, sub-advisory
Other Press Release Headlines:
