SANTA MONICA, Calif.--(BUSINESS WIRE)--Ocean Park Asset Management Inc. (Ocean Park), a conservatively-oriented asset management firm and part of The Sierra Group of Companies, announced today it has partnered with LaSalle St. Investment Advisors, LLC to provide its investment strategies on the Salt Creek Investors (SCI) platform.
“We are delighted to partner with Salt Creek and LaSalle to make our investment strategies available to a wider audience of advisors and institutional investors,” said Ken Sleeper, co-founder and managing director at Ocean Park. “For thirty years, Ocean Park has had a unique focus on meeting the needs of conservative investors by limiting volatility and concentrating on downside protection. This new partnership will allow more investors access to our strategies at a time when many are looking for investment solutions that will hold up well throughout an entire market cycle.”
The SCI platform is the first of its kind to incorporate many significant advancements in portfolio analysis using quantitative investing methods developed over the past 60 years. Leveraging the work of noted and award winning industry pioneers, SCI takes a rigorous, objective, and disciplined approach to its methodology in developing portfolios.
“The Salt Creek team welcomes Ocean Park to the SCI platform,” said Jim Baldwin, Chief Investment Officer at Salt Creek Investors. “The firm’s quantitative approach, long-term track record, and conservative approach fit in perfectly with the models we provide to our clients, and we look forward to a long, mutually beneficial relationship.”
About Ocean Park Asset Management
Ocean Park was founded in 1988 in Santa Monica, California. Since, we have been dedicated to delivering skillful asset management for our clients. Our strategies were engineered to reduce volatility while achieving satisfying returns over a market cycle. This has helped build our reputation as a trusted partner to financial advisors and investors nationwide. As of December 31, 2017, Ocean Park and its affiliates manage or advise over $3.0 billion of client assets.
About LaSalle St.
LaSalle St. Investment Advisors, LLC is a leading Registered Investment Advisory and is affiliated with LaSalle St. Securities, LLC, an independent broker-dealer, headquartered in the western suburbs of Chicago with over $8 billion in assets under management. LaSalle St. proudly supports over 300 financial advisors located throughout the United States since 1975. For more information on the LaSalle St. companies please visit www.lasallest.com.
About The Sierra Companies
Since 1987 Sierra has been helping retirees and other conservative investors preserve and grow their wealth. Through the years, Sierra has fine-tuned an investment approach with the specific goals of limiting downside risk and providing satisfying returns over a market cycle. Using decades of strategic research and proven risk management disciplines, Sierra strives to help its clients meet their specific investment goals.
Past performance does not guarantee future results and there is no assurance that any investment strategy will achieve its investment objective. Investors should carefully consider the investment objectives, risks, charges, and expenses.