SOURCE: Moran Edwards Asset Management Group

Moran Edwards Asset Management Group

January 20, 2012 17:50 ET

Moran Edwards Asset Management Group Recognized by Lipper as Number One on Annual World's Best Money Manager List

NAPLES, FL--(Marketwire - Jan 20, 2012) - Lipper, a Thomson Reuters company, ranked Moran Edwards Asset Management Group of Wells Fargo Advisors number one for its Strategic Equity Blend portfolio. The portfolio, which is managed by Bob Edwards, Managing Director - Investments Senior PIM Portfolio Manager, was ranked number one out of 107 portfolios and has outperformed all others for a consecutive 10 year period through September 30, 2011.

"We are extremely pleased to be named number one in the 10 year category. We hoped to make the top 20 and maybe even the top 10. To be recognized by Lipper, the global leader in mutual fund information for advisors, is an honor," said Bob Edwards. "This particular portfolio is built based on one third growth stock, one third value stock and one third in vogue stock, meaning the stock is currently in favor at that time -- as certain technology stock is today. It has been one of our most popular styles with families and even with brokers who have suggested it for clients and have invested in it themselves."

A financial advisor for 29 years, Edwards has earned numerous national and local recognitions including being recognized by Barron's Magazine as one of America's Top 1,000 Financial Advisors for 2011. He has been consistently listed locally in Gulfshore Life Magazine as one of Southwest Florida's "Five Star Financial Wealth Managers." In addition to advising an affluent clientele in Naples, Bob counsels other wealth managers and has been a frequent industry speaker at conferences for financial professionals in Atlanta, Boston, Chicago, Dallas, Orlando, Philadelphia, and San Diego.

Moran Edwards Asset Management Group, formerly known as the Moran Asset Management Group, is a money management practice. The group is responsible for managing in excess of $2 billion in client assets as of September 30, 2011 and has served the Naples Community for over 30 years. The firm is located at 5801 Pelican Bay Boulevard, Suite 200 in Naples. For more information, call (239) 254-2200 or visit www.MoranEdwards.com.

Lipper MarketPlace World's Best Money Managers are compiled from a quarterly survey of investment management organizations and portfolio composites. Performance is calculated "net " of all fees and brokerage commissions, inclusive of cash and in U.S. dollars. Results calculated on a minimum asset base of at least $10 million for "traditional" U.S. asset classes (equity, fixed income, balanced accounts) and $1 million for all international and for "alternative" U.S. asset classes. Only categories/time period combinations for which there are at least 20 contenders are published. Past Performance is no guarantee of future results.

Barron's Top 1000 Advisors (2011): Ranking based on data provided by over 4,000 of the nation's most productive advisors. Factors considered: Assets under management, revenues, regulatory record, quality of practice and philanthropic work. Institutional assets given less weight. Portfolio performance not explicit component.

Crescendo 5-Star Wealth Manager: Survey was conducted by Crescendo, as an independent third-party research firm. They surveyed 23,000 consumers of the magazine and 2,400 Financial Service Professionals to evaluate the 4,100 candidates in the Southwest Florida area as the 2011 Five Star Wealth Managers scoring highest in overall satisfaction. The evaluation was based on nine criteria, including customer service, integrity, knowledge/expertise, recommendations and overall satisfaction. After survey results are tallied they take the top scoring candidates which represent less than 7% of their market and forward to a panel to further review a sample of the selection. Only wealth managers with five years of experience in the financial services industry are considered.

About Wells Fargo Advisors:
With more than $1.1 trillion in client assets as of September 30, 2011, Wells Fargo's brokerage businesses comprise 15,188 full-service financial advisors and 3,590 licensed bankers. This vast network of advisors, one of the nation's largest, serves clients through offices in all 50 states and the District of Columbia. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC). Statistics include other broker-dealers of Wells Fargo & Company.

Investment products and services are offered through Wells Fargo Advisors, LLC 1211-1694

About Wells Fargo:
Wells Fargo & Company is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 banking stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With approximately 275,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked #23 on Fortune's 2011 rankings of America's largest corporations. Wells Fargo's vision is to satisfy all our customers' financial needs and help them succeed financially.

Investment and insurance products
Not FDIC-Insured by FDIC or any Federal Government Agency
Not a Deposit of or Guaranteed by a Bank or Any Affiliate
May Lose Value

Contact Information

  • Contact:
    Jennifer Hawke
    Wells Fargo Advisors
    P: 239.254.2238