WELLESLEY, Mass.--(BUSINESS WIRE)--Greg Miller, CPA, CEO and Co-Chief Investment Officer of Wellesley Investment Advisors, Inc. was recently named to Barron’s list of the Top 100 Independent Financial Advisors. Miller ranked Number 12 nationwide and Number One in Massachusetts in the financial magazine’s eighth annual ranking of top independent advisors.
In response to being named one of Barron’s Top 100 Independent Financial Advisors, CEO, Co-Chief Investment Officer and co-founder Greg Miller said, “It’s an honor to be on such an illustrious list, and I’m pleased that our strategy of investing in convertible bonds and focusing on trying to limit risk to portfolio principal has resulted in Wellesley Investment Advisors’ growth. Our assets under management have grown by approximately 60% since our last ranking by Barron’s and we believe this reflects investors’ increasing concerns about bear markets and their desire for investments that seek to maintain the safety of bonds with the potential capital appreciation of equities. The fact that bear markets have occurred at least once every decade for over 100 years, with most decades having two or three bear markets, became even more apparent to investors in recent years. Additionally, convertible bonds are one of the few fixed income vehicles that have historically performed well during rising interest rate periods.”
President and co-founder of Wellesley Investment Advisors, Inc., Darlene M. Murphy, CPA, CFP®, commented: “As our firm has grown and we head into our 24th year of business, we have received many honors. However, we are especially proud of the fact that Barron’s, a weekly periodical that many investment professionals consider to be the best, has for the fourth consecutive year named Greg Miller a Top 100 Independent Financial Advisor. We attribute our growth to the results of our investing strategy, attention to client service and our team of professionals.”
To be nominated for Barron’s Top 100 Independent Financial Advisor listing, advisors must complete a lengthy survey about their practice. The resulting pool of nominated advisors is then screened to determine the Top 100. The criteria for being included in this prestigious group include: total assets under management and revenue generated by the advisor’s team, as well as the overall quality of the practice. Investment performance is not an explicit criterion, because clients’ investment goals vary. In many cases, the objective is preservation of wealth, rather than market-trouncing returns.
About Wellesley Investment Advisors, Inc.
Trusted advisors to a global client base, Wellesley Investment Advisors (Wellesley) is an SEC Registered Investment Advisory (RIA) firm with assets under management exceeding $2 billion, serving high net-worth individuals, institutions, pensions, family offices, banks, RIAs and other investment professionals. Wellesley is also the advisor to an open end convertible bond mutual fund with over $700 million in assets under management. Founded in 1991, by Greg Miller, CPA and Darlene Murphy, CPA, CFP®, Wellesley specializes in the management of convertible bonds deploying absolute return-seeking strategies. Additional information about Wellesley is available at www.wellesleyinvestment.com.
About Barron’s
Barron’s is America’s premier financial magazine, known for its market-moving stories. Published by Dow Jones & Company since 1921, it reaches an influential audience of professional fund managers, financial advisors, affluent individual investors, financial-services professionals and senior corporate executives. Barron’s is the trusted financial-publishing brand that people active in the market turn to for information, ideas and insights they can use to increase their professional success and enhance their personal, financial well-being. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.
