SOURCE: Powers Capital Investments

October 30, 2007 12:43 ET

Powers Capital Investments Opens for Business

ANAHEIM HILLS, CA--(Marketwire - October 30, 2007) - Although the firm name of Powers Capital Investments is new, the individuals that have made up the West Coast office of Riverplace Capital Management for the past five years remain dedicated to providing outstanding client service. Like RCM, Powers Capital Investments is a Registered Investment Advisor. The Investment Committee headed by Patrick D. Powers CFA, CPA/PFS, CFP®, President and Chief Investment Officer of Powers Capital, has over 35 years of investment experience. Mr. Powers explains the change this way, "We have had a great relationship with Riverplace Capital Management and all of the folks involved since we merged the old Powers Capital into Riverplace Capital 5 years ago, but directionally it is time for us to move down our own path. We respect the individuals in Jacksonville very much and look forward to continuing our collegial and cooperative relationship between the two firms in the years to come."

In the same manner as they did when part of Riverplace Capital Management, Powers Capital Investments offers investment management and financial planning services to individuals, charitable trusts, and small businesses. Powers Capital will continue to manage the investment portfolios of its clients with the same attention to service that has attracted and retained numerous clients from all over the country over the past five years.

While part of Riverplace Capital, the account team in the West Coast office created and offered definitive investment solutions tailored to each individual client's needs. Although most of the market research and investment insight is used to the benefit of all clients, each client's portfolio is and will continue to be managed to their individual mandates and constraints.

For additional information about Powers Capital Investments visit its website at


This release has been written for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product or service. Such offers can only be made where lawful under applicable law.

Contact Information

  • Contact:
    J. Stephen Ashley
    VP, Business Development
    Email Contact