
Eugene Fama of Dimensional Fund Advisors Wins 2013 Nobel Prize in Economic Science
CJM Wealth Management Among Select Group of Firms in Which DFA has Approved for Funds to be Available Due to Nature of Investment Strategy
NEW YORK, Oct. 16, 2013 /PRNewswire/ -- Eugene F. Fama, the primary scholar whose groundbreaking work inspired the founding of Dimensional Fund Advisors (DFA) is one of three US scholars who were awarded the 2013 Nobel Prize in Economic Science, which supports his unique approach to investing. This approach is one that CJM Wealth Management continues to use every day, and has so for the past ten years to preserve and grow their clients' wealth in the most prudent manner possible.
CJM Wealth Management, like DFA, takes a different, scientifically researched approach when it comes to investing your money; structured investing. Over the years CJM has learned that investing your money based on structured pre-determined strategies instead of forecasting and market timing predictions, is what allows their business to grow our client's portfolios in ways which Wall Street advisors never could.
"We are excited and happy for Mr. Fama to be a recipient of the 2013 Nobel Prize in Economic Science" said Charlie Massimo, CEO and founder of CJM Wealth Management. "Aside from recognizing Mr. Fama for his incredible achievement and contribution to the financial advising industry, it also further supports the strategy employed by CJM Wealth Management on behalf of our client's and their success."
To further support quality advisement and expertise as financial advisors, CJM was one of very few investment firms, hand-picked by Dimensional Fund Advisors, as a company to whom DFA funds are available. The selections that DFA makes for whom their funds are available is based on shared views about how capital markets work and how best to provide clients with a successful investment experience.
About CJM Wealth Management
CJM Wealth Management manages nearly $300 million in client assets for a limited group of affluent families and has been named the top wealth management company on Long Island by NABCAP, an exclusive group of financial advisors who represent the best in quality wealth management.
SOURCE CJM Wealth Management
Share this article