Moran Asset Management Group Announces Name Change

NAPLES, Fla., Oct. 8 /PRNewswire/ -- The Moran Asset Management Group today announced a corporate name change to Moran Edwards Asset Management Group of Wells Fargo Advisors. The name change is a reflection of the firm's partners, Thomas Moran and Robert (Bob) Edwards, and their commitment to clients.

Founded in 1990, Moran Edwards is responsible for managing in excess of $2 billion in client assets and has served the Naples community for 30 years. The group utilizes 15 distinct investment portfolios and has been acknowledged by Nelson's World Best Money Managers as the number one manager in their discipline on three separate occasions.

Founding member, Thomas Moran, is a 30-year veteran of the securities industry and has received local, national and industry recognition for his ability as a financial advisor. He is a Senior PIM Portfolio Manager – the firm's highest level designation for an advisor, and Managing Director-Investments. In 2010, Tom was named to Barron's prestigious list of America's Top 100 Financial Advisors. This honor followed his previous recognition by Barron's in its "America's Top 1,000 Advisors in the United States," a state-by-state ranking of which Tom was selected as the number one financial advisor in Southwest Florida in both 2009 and 2010. In 2009, he was named among the "Top 100 Financial Advisors in America" by Registered Rep magazine, the leading journal for registered financial professionals.

A frequent speaker at investment symposiums, Moran was recognized for his wealth of knowledge and ability to adapt in a downturn economy by Research magazine, naming him one of Florida's top advisers in January 2008.

Bob Edwards, Managing Director-Investments and a Senior PIM Portfolio Manager, has been a financial advisor for over 26 years. Barron's named him as one of Florida's top ten financial advisors in 2010 and ranked him as one of America's top financial advisors. He received recognition in "America's Top 100 Financial Advisors" in 2009 in Registered Rep and was named a 5-Star Wealth Manager in Gulfshore Life for the past four years. In addition, investment portfolios managed by Edwards have received national recognition for peer group performance in Nelson's World's Best Money Managers.

Both men have received local, national and industry recognition for their investment acumen and are frequently asked to speak to financial professionals at Investment Symposiums across the country.

The offices of Moran Edwards Asset Management Group are located at 5801 Pelican Bay Boulevard, Suite 200 in Naples, Florida. For more information about Moran Edwards Asset Management Group, call (239) 254-2200 or visit www.MoranEdwards.com.

Contact: Jennifer Hawke

239.254.2238

SOURCE Moran Edwards Asset Management Group