InvestView Strengthens Asset Management Division, Hires Wall Street Vet Jordan Kimmel As CIO
New Jersey-based investment solutions firm InvestView, Inc. (OTCQB: INVU) aims to strengthen its asset management division and hired Wall Street veteran Jordan L. Kimmel as chief investment officer. InvestView is an investment education, asset management company, and financial services organization.
Investview's Chief Executive Officer Dr. Joe Louro commented on the latest move, "Bringing in Jordan Kimmel into InvestView is one of the important milestones in the history of the firm. Jordan is an icon on Wall Street and as our Chief Investment officer he will be help build our asset management division. Jordan's Magnet Stock Selection process was featured in Forbes Magazine and he has appeared on CNBC, FOX Business, and ABC TV hundreds of times. I believe this critical step in bringing in Jordan Kimmel will bring InvestView long term shareholder value,"
Kimmel's responsibilities include direct portfolio management utilizing managed accounts as well managing a private fund. Kimmel will also be providing guidance to the firm's clients on relative risk and opportunities in the capital markets.
"I am excited to join InvestView. I have known the company and some of the team for many years. The firm has tremendous technology, an experienced management team, and are focused on their client's needs. Adding the asset management component to the firm was a natural extension. I am looking forward to working with the InvestView team during this growth path they are in," said Kimmel. "I look forward to adding my expertise and talents to the already strong team here at InvestView."
Kimmel has spent more than 25 years in the capital markets, managing portfolios and providing guidance to clients, brokers and has been prominent in the media. Prior to joining InvestView, Inc. Kimmel served as chief market strategist and portfolio manager for other national independent brokerage firms.
From 1997 to 2009, he was president of the Magnet Investment Group, LLC, an independent firm that managed proprietary funds and served as a sub-advisor to other prominent investment firms. During that time, the MAGNET Stock Selection Process was licensed to John Nuveen and Co., which issued "GEMS" Unit Investment Trusts that applied the Magnet process to several different indices. Earlier in his career, Kimmel was a first vice president at Dean Witter and an account executive at Paine Webber, and at A.G. Edwards.
Kimmel has been a frequent guest on CNBC and Fox Business News, and hosts his own weekly radio show, Magnet Investing with Jordan Kimmel on the VoiceAmerica Business Network. He also hosts a second show on that network titled Trust Across America that discusses the factors needed to restore trust in business. He authored Magnet Investing and The Magnet Method of Investing: Find, Trade, and Profit from Exceptional Stocks, (Wiley, 2009). In 2013, the well-known Stock Trader's Almanac dedicated its 46th annual edition to Kimmel.
Kimmel also co-founded Trust Across America (www.trustacrossamerica.com), an initiative to rebuild trust in business. In connection with that role, Kimmel helped develop and trademark a quantitative methodology to identify "the most trustworthy companies in America," called FACTS, that analyzes companies, both quantitatively and qualitatively, in five key areas of trustworthy behavior.
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