I began my career as an Equity Analyst and Portfolio Manager for First American Bank, NA in Washington, DC. At first American, I covered many different sectors and countries. First Union National Bank subsequently acquired first American, where I continued as an equity analyst until joining a small independent investment counselor, Montag Management.
After working for two years at Montag Management, setting up investment systems and procedures, I left and started VIMCOR in 1998. Wall street style research reports where generated and published by Investrends, Inc.
VIMCOR is a registered investment advisor in the state of Pennsylvania. We offer discretionary and advisory only Investment Management and personal tax preparation. Investment accounts can be set up as IRA, Simple IRA retirement plants, 401k and Keogh plans, usually without a setup charge.
All investment ideas are internally researched and must pass certain financial screens and parameters. Those that pass are then put into respective client portfolios based upon that clients needs and risk attributes.
General Information |
| Firm Start Year: | 1996 | |
| No. of Employees: | 1 | |
| Name of Custodial Firm: | Charles Schwab |
| States Licensed in: | PA |
| Number of Years with Current Firm: | 27 |
| Work Experience: | First American Bank, NA (Washington, DC) -Equity Analyst/ Portfolio Manager First Union Bank. NA (Charlotte, NC) - Equity Analyst/ Portfolio Manager Montag Management Corp (Charlotte, NC) - Equity Analyst/ Portfolio Manager VIMCOR (current employer)- President, Equity Analyst/ Portfolio Manager |
| Work with the following types of clients: | Businesses, Individual Investors |
| Advisory Services Provided: | 401K Rollovers, Retirement Planning, Portfolio Management, Financial Planning, Investment Advice & Management, Financial Advice & Consulting, Financial Planning for Businesses, Tax Advice and Services, Wealth Management, Money Management, Financial Planning for Individuals, Education Funding and Planning, Risk Management |
Services |
| Investment Types: | Mutual Funds, Exchange Traded Funds (ETFs), Stocks, Bonds, Options & Futures, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Phone, Our Office, Your Home, Your Office, Video Conference, Email |
Firm Information |
| Advisor's Number of Clients: | LIFA, MBA |
| Assets Managed by Advisor: | $10,127,000 |
Compensation and Fees |
| Fee Structure: | Fee-Only |
| Minimum Portfolio Size for New Managed Accounts: | $50,000 |
| Compensation Methods: | Based on Assets, Hourly |
| Fee % Based on Assets: | 1 |
| Hourly Rate: | 75 |
| Minimum Fee Charged for Managed Accounts: | 100 |
Board Positions |
| Organization : | QUAINT CORNERS CHILDREN'S MUSUEAM, ALTOONA PA |
| Position : | MEMBER |
| Duration : | 07/01/2023-Present |
Education |
| BACHELORS OF SCIENCE - FINANCE | THE PENNSYLVANIA STATE UNIVERSITY
- UNIVERSITY PARK, PA 08/15/1983-06/15/1987 |
| MBA - BUSINESS | UNIVERSITY OF THE PEOPLE
- CALIFORNIA 09/08/2018-06/01/2020 |
FAQs |
How do you charge for your services?I am compensated by an asset management fee (top fee is 1% per year; goes down as accounts balance goes up); I charge a separate fee for tax preparation, but do give investment clients a 20% discount on prep fees. For clients that just want an occasional consultation the fee is $75 / hour. |
How are you compensated? How will I pay for your services?I am compensated by an asset management fee (top fee is 1% per year; goes down as accounts balance goes up); I charge a separate fee for tax preparation, but do give investment clients a 20% discount on prep fees. For clients that just want an occasional consultation the fee is $75 / hour. |
If you are going to manage my account, will you obtain my permission every time you buy or sell something?Generally I discourage that; it results in an account that does not get the same pricing as other accounts in the same model / investment objective. This can lead to poor investment results. |
Will you be the only person working with me?Yes, I will be your contact. |
Do you offer any guaranteed results?If anyone offers you a guaranteed result you should be the first one out of the door. |
Disclosures |
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WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. |
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Additional Detailed Disclosures https://www.wiseradvisor.com/disclosure/1818035/wiseradvisor-vimcor-detailed-disclosure.html |
Registered Investment Advisor:
Yes
Acknowledged fiduciary:
Yes
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
| Mon. | 9:00 AM - 6:00 PM |
| Tue. | 9:00 AM - 6:00 PM |
| Wed. | 9:00 AM - 6:00 PM |
| Thu. | 9:00 AM - 6:00 PM |
| Fri. | 9:00 AM - 6:00 PM |
| Check | Bank Transfer |
| MasterCard | PayPal |
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