NAPLES, Fla., Sept. 9, 2011 /PRNewswire/ -- Lipper, a Thomson Reuters company, has recognized Moran Edwards Asset Management Group of Wells Fargo Advisors as a Best Money Manager for its management of four portfolios with ten or three years of continuous top performance.
The portfolios were recognized on the Lipper MarketPlace Top Performers Best Money Managers list and include Conservative Growth (U.S. Large-Cap Equity and U.S. Large Cap Growth Equity Asset Classes); Moderate Value (U.S. Large-Cap Equity and U.S. Large-Cap Value Equity Asset Classes); Strategic Equity Blend (U.S. Large-Cap Growth and Value Equity Asset Classes); and Defensive Total Return (U.S. Large-Cap Value Equity Asset Class). Conservative Growth and Strategic Equity Blend ranked in the top 5% and Moderate Value and Defensive Total Return ranked in the top 10% of this list.
Moran Edwards Asset Management Group, formerly known as the Moran Asset Management Group, is a money management practice. The group is responsible for managing in excess of $2 billion in client assets as of March 31, 2011 and has served the Naples Community for 30 years. The firm is located at 5801 Pelican Bay Boulevard, Suite 200 in Naples. For more information, call (239) 254-2200 or visit www.MoranEdwards.com.
Lipper MarketPlace World's Best Money Managers are compiled from a quarterly survey of investment management organizations and portfolio composites. Performance is calculated "net " of all fees and brokerage commissions, inclusive of cash and in U.S. dollars. Results calculated on a minimum asset base of at least $10 million for "traditional" U.S. asset classes (equity, fixed income, balanced accounts) and $1 million for all international and for "alternative" U.S. asset classes. Only categories/time period combinations for which there are at least 21 contenders are published. Past Performance is no guarantee of future results.
Investment products and services are offered through Wells Fargo Advisors, LLC. 0711-4483A
SOURCE Moran Edwards Asset Management Group