CEO of Wellesley Asset Management recognized on Barron’s 2019 top advisor list
March 14, 2019 — WELLESLEY, Mass.–(BUSINESS WIRE)–Greg Miller, CPA, CEO, Portfolio Manager and Co-Founder of Wellesley Asset Management, Inc., has been ranked #1 in Massachusetts for the fifth consecutive year on Barron’s list of America’s Top 1,200 Financial Advisors. Featured in the March 14, 2019 edition of The Wall Street Journal, the Top 1,200 ranking is Barron’s most comprehensive list of advisors which is published annually.
Following the ranking announcement, Greg Miller, a nationally recognized convertible bond expert with over 25 years of convertible bond experience, said, “I am honored to have been ranked the top financial advisor in Massachusetts once again by Barron’s. I believe this is a testament to our convertible bond investing strategy with the goal of principal protection, while at the same time, outperforming equities and fixed income over complete market cycles.”
President, Portfolio Manager and Co-Founder of Wellesley Asset Management, Darlene Murphy, CPA, CFP®, commented, “It is truly an honor to be recognized again by Barron’s as the top advisor in our home state of Massachusetts. This is a tribute not only to Greg Miller, but also to our team of professionals and to our loyal clients nationwide who inspire us to strive for excellence.”
Michael Miller, CFIP, Chief Investment Officer added, “We believe our success is directly related to investors’ concerns about possible upcoming market corrections and a desire for relative safety for their investments, while still pursuing equity-like capital appreciation. We believe properly selected convertible bonds offer this opportunity. In addition, convertible bonds are one of the few fixed income vehicles that have historically performed well during periods of rising interest rates.”
To be nominated for Barron’s Top 1,200 Financial Advisor listing, advisors must complete an extensive survey about their practice. Barron’s also examines regulatory records, internal company documents, and 100-plus points of data provided by the firm. The criteria for inclusion are total assets under management and revenue generated, as well as the overall quality of the practice. Investment performance is not an explicit criterion, because it can be skewed by each client’s appetite for risk. In many cases, the objective is preservation of wealth, rather than extraordinary returns.