Magazine nod for Avondale wealth management unit

The four-year-old wealth management unit of West End-based Avondale Partners has nearly tripled its assets under management to $688 million in the past year. That performance was enough to put it atop the annual growth rankings of Financial Advisor magazine.

“Our team of experienced advisors is producing results by providing customized investment strategies along with senior-level attention and independence that clients can’t find at larger firms,” Tipton said.  “We are proud of our accomplishments and are excited about the opportunities to continue our growth as we expand our staff to serve the investment needs of all our clients.”

Sep 20, 2013 11:26 AM

Financial advisors open Green Hills office

Pruett group aims to more than double full-time reps on Richard Jones in a year
Sep 4, 2013 2:53 PM

A month in, Nashville ETF backers say they're on track

LocalShares needs to attract $1M per week on average to reach year-end target
Aug 30, 2013 7:45 AM

UBS bringing 1,000 jobs here

Financial giant already employs 300 in area, will invest $36.5M in support center
Aug 28, 2013 1:21 PM

Hedge fund crosses 5% Dollar General threshold

The Lone Pine Capital hedge fund run by noted investment manager Stephen Mandel this week said it has added more than 4 million shares to its stake in Dollar General since June 30. Those purchases — which have come as Dollar General shares (Ticker: DG) climbed from about $50 to above $55 — have lifted Lone Pine's holdings to 5.4 percent of the Goodlettsville-based retailer.

Aug 28, 2013 6:42 AM

Diversified Trust adds Winter as VP

Diversified Trust has added Michael L. Winter as vice president and client service manager.

Previously, Winter led the member services team at The Investment Fund for Foundations. Prior to his time at TIFF, Winter worked for investment consulting firm Cambridge Associates, where he focused on performance reporting and investment analytics.

Winter received his Bachelor of Science degree in business from Virginia Polytechnic Institute and State University where he majored in finance and minored in communication studies.   

“Through his diverse professional background Mike brings a wealth of experience that makes him an immediate asset to our institutional and individual investors alike,” Tom Curtis, managing director of Diversified Trust’s Nashville office, said in a release.

Diversified Trust is a Southeast-based wealth management firm with more than $5 billion in client assets.

Aug 27, 2013 8:39 AM

Local analysts earn StarMine accolades

A number of local analysts have been recognized by market-watching firm StarMine for the quality of their research and recommendations. Leading the way is construction materials analyst Kathryn Thompson of Thompson Research Group. StarMine says she led the pack in her sector both in terms of the returns of her buy/sell recommendations and the accuracy of her earnings estimate. She is one of only four analysts to pull off that feat.

Also honored by StarMine are Richard Close at Avondale Partners and David Darst at Guggenheim Securities. Both came in third in the stock pickers segment of their sectors, which are health care technology for Close and thrifts/mortgage finance for Darst.

Check out the full StarMine 2013 awards list here.

Aug 23, 2013 11:59 AM

Court of Appeals closes book on Ingram-Sohr dispute

'Complex' case result of monkey's fist of business partnerships
Aug 19, 2013 2:18 PM

Wondering how active trading in $NASH has been?

We were thinking the same thing this afternoon so we went to check out the data on the Nashville Area ETF (Ticker: NASH). Excluding the expected big opening-day number, an average of about 18,000 shares have changed hands daily since. But the real number looks to be closer to 10,000 because a big volume day Thursday is skewing the small data set.


Aug 12, 2013 2:05 PM

First Farmers lures veteran Franklin financial planner

Former SunTrust advisor also has worked at Prudential, First American, others
Aug 12, 2013 1:33 PM