NEW YORK, Nov. 1, 2016 /PRNewswire/ -- Market strategist and Founder of the MAGNET® Stock Selection Process, Jordan Kimmel, today announced the official launch of FACTS® Asset Management LLC, a New Jersey Registered Investment Advisory (RIA) specializing in financial counsel to high-net-worth clientele and institutional investors.
FACTS® Asset Management will provide clients with a platform to invest both actively and passively in Kimmel's FACTS® strategy, which identifies America's most trustworthy public companies. The FACTS® Framework has been running live since February of 2013, and the powerful audited returns it has generated led to the creation of this new RIA. It measures five distinct indicators of organizational trustworthiness, including:
- Financial Stability and Strength
- Accounting Conservativeness
- Corporate Integrity
- Transparency; and
Through the launch of FACTS® Asset Management LLC, high-net-worth investors and family offices will have access to the proprietary FACTS® strategy, incorporating the MAGNET® Stock Selection Process. FACTS® targets and invests in only the highest-integrity companies, rather than accept an average return by investing in an entire index.
"The overemphasis on diversification, asset allocation, and the use of modern portfolio theory has yielded unacceptably mediocre returns, limiting the creation of wealth," said Mr. Kimmel. "Moreover, a number of high-profile corporate scandals in recent years have significantly breached the bond of trust between companies and their key stakeholders. This was the impetus for the development of FACTS®, a unique investment strategy that aims to provide outstanding returns to investors while identifying the highest-integrity companies and bridging the divide between Main Street and Wall Street."
"Investors do not have to settle for the average returns offered by passive indexes. We believe the companies with the highest integrity and best cultures are not only better financial performers, but present lower risk. We even offer a FACTS® Dividend strategy, which offers investors the ability to generate significant income while investing in high-integrity companies," said Mr. Kimmel.
Jordan Kimmel has been managing money for more than 30 years and is the author of two widely-endorsed books, The MAGNET Method of Investing and MAGNET Investing. Earlier in his career, Jordan was the sole equity subadvisor to John Nuveen & Co., where his MAGNET® Stock Selection Process was used to select stocks and create Unit Investment Trusts (UIT).
FACTS® Asset Management is a New York-based, New Jersey-Registered Investment Advisory firm that is focused on using a three-pillar trust model of character, competence and consistency in all investment decisions and operations.
Co-Founder and Portfolio Manager Jordan Kimmel's career in the financial services industry has spanned over 30 years as a retail broker, fund/portfolio manager and independent financial advisor. Jordan is best known for co-creating two stock selection models; most widely known is the Magnet® model which has been licensed to leading institutions including John Nuveen & Co. The FACTS® Framework used by FACTS® Asset Management is a holistic measurement of the "trustworthiness" of public companies, and is utilized in conjunction with the MAGNET® model of portfolio management.
CONTACT: Emma Smith, 212.682.6300, email@example.com
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SOURCE FACTS Asset Management LLC