SANTA MONICA, Calif.--(BUSINESS WIRE)--Sierra Investment Management today announced that Terri Spath has joined the firm as Chief Investment Officer. She reports to Dave Wright and Ken Sleeper, Co-Founders and Managing Directors of Sierra.
"We're delighted that Terri Spath has joined the Sierra investment team. She's a highly talented professional who will make our team even stronger," said Mr. Wright. "Terri has experience investing across multiple asset classes for risk mitigation and return opportunities. More importantly, she views capital preservation and long term-returns as primary objectives. This makes her a great fit with Sierra and our client base."
Ms. Spath will have a range of investment strategy responsibilities including market and economic analysis, portfolio allocation and building client solutions.
Ms. Spath was most recently with Mercer Advisors. Prior roles include nearly 20 years of investment experience managing public and private equity and debt at top-tier firms including Franklin Templeton Investments, RSF Capital Management and Fidelity Investments. Ms. Spath received an M.B.A. in Finance from Columbia Business School and an A.B. in Economics and Psychology from the University of Michigan. She has also earned the CFP® certification and is a CFA® charterholder.
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. Since 1987 Sierra has been helping retirees and other conservative investors to preserve and grow their wealth. Through the years, Sierra has fine-tuned an investment approach specifically designed to help its clients enjoy a relaxing, worry-free future by focusing on reducing downside risk. Using decades of strategic research and our proven risk management disciplines, Sierra helps its clients meet specific investment goals.
Although results cannot be guaranteed, Sierra has been successful in consistently meeting these goals since its inception. Today, Sierra and its affiliates manage or advise over $2.3 billion in assets for conservative clients. Sierra strives to deliver peace of mind through unusually broad diversification, risk mitigation disciplines and exceptional client service.