NORTH LITTLE ROCK, Ark., April 27, 2015 /PRNewswire/ -- In its next bold move in response to rapid growth, Sowell Management Services has named David D. Moenning to the position of Chief Investment Officer. Dave's knowledge of world markets and visionary approach to new investment tactics have made him an undisputed force in the financial services industry.
Dave graduated Northern Illinois University, where he was a scholarship track athlete, in 1980 with degrees in Computer Science and Economics. He has been an independent money manager since 1987, became a partner in a private money management firm in 1986 and in 1989 founded his own firm, Heritage Capital Management, which emphasizes a risk managed approach to the markets. Thus, Dave has been "live" on the firing line and investing client assets for a living for more than 25 years.
Dave is Chairman and Past President of the National Association of Active Investment Managers (NAAIM), an organization dedicated to active management strategies. Dave served as President during the 2013 fiscal year and Vice President/Agenda chair during the 2012 fiscal year.
"We are thrilled to have Dave and his staff join Sowell Management Services. Dave is a visionary and with his vast experience, has already brought some very exciting ideas to the table that will help set precedence in the industry. His passion for the industry makes him an undeniable and obvious fit for our organization," said Bill Sowell, CEO.
Dave is also a sought-after author on the markets. His "State of the Markets" column, which began in the late 1990's, has blossomed into an award-winning daily market report focusing on the key drivers to both short- and long-term market movements. Dave's writing has been featured on USA Today, State of the Markets, Seeking Alpha, Benzinga, MarketWatch, TraderPlanet, iStockAnalyst, Zacks, StreetInsider, TheStreet, InsideFutures, MarketFN, and many other media outlets.
About Sowell Management Services
Sowell Management Services is a fee-based third-party management firm with investment portfolios for individuals, retirement plans, corporations, trusts, foundations and institutions. As a third-party manager, Sowell Management Services manages assets for industry professionals through a network of some of the industry's largest and most respected independent broker/dealers and RIA network. To learn more, visit www.sowellmanagement.com.
Contact: Patrick Jones
Sowell Management Services
Phone: (501) 219-2434, Ext. 400
Fax: (501) 812-6380
7301 River Pointe Drive
North Little Rock, AR 72113
SOURCE Sowell Management Services