Mindless Wanderings

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Mindless Wanderings

Category Archives: CEO

New Chairman Takes the Helm at Capital Group with Huge Approval

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Tim Armour was recently elected Chairman of Capital Group, by its board of directors. Capital Group is one of globes leading investment management companies in existence. They are the home to American Funds. Tim was Chairman of the groups management committee and their research arm. Tim will continue as the leader of the firm’s management group to set business strategies going forward. The passing of Jim Rothenberg, the former Chairman, has called for rapid changes in recent positions within the firm.

Tim claims that it is the collective strength of Capital Group that has allowed the company to achieve its mission of providing superior, investment results to the company’s clients and investors. He has 32 years of experience in the investment industry, all of it with the company. He started out in the company’s Associate program and moved up to Equity Investment Analyst. He specialized in global telecom companies and the U.S. service companies.

Armour is pleased with the track record of the firm’s stock pickers. His philosophy is, “we will get you better returns over time.” This principal has brought him great success throughout his career in the investment industry. Tim believed in 2015, that the economy was not growing as it should be, and that the Federal Reserve was going to increase interest rates soon. He claims that near-zero rates will eventually become a major risk for investors.

Capital Group is based in Los Angeles, Ca. The firm manages over $1.4 trillion in assets. Before taking over as Chairman of the firm, Armour worked closely with Jim Rothenberg, on in-house research that shows the benefits of certain types of active fund management. The company has recently enjoyed improved long term results for many of its funds. Tim Armour claims that active managers can typically outperform the markets, with the right strategies.

At the end of 2016, Janet Yang, CFA said that Capital Group made a great choice by selecting Tim Armour as Chairman. She says he has the ability to see business needs and demands well in advance of them coming to market. This should be a great advantage to the clients of Capital Group.

Keep Reading: You Don’t Have to Settle for Average Investing Returns. Here’s Why

 

 

Business Professional and Entrepreneur Brian Bonar

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Brian Bonar is currently the founder and CEO of Dalrada Financial Corporation. He has worked for Allegiant Professional Company and Smart-Tek Services. He has done many things along the road of his career that include K-12 education projects, retail, multi-family housing, and commercial work.

All of this possible with a degree in Technical Engineering. Bonar is also the owner of the Bellamy’s restaurant chain that is based in San Diego. This amazing man’s resume does not stop there. He has also worked for Trucept, Inc. and The Amanda Co., Inc.

Brian’s strong passion for design has lead him into many companies that have only enhanced his professional career. There are a number of awards that Brian has received throughout the expanse of his career and I am sure there are more to come.

There has not been an endeavor that he has walked away from and he tackles them with such great spirit and professional grace. For example, he worked within Delrada Financial Corporation, Trucept Inc., and the Bellamy’s restaurants which have all flourished to extreme heights.

Going through this man’s lengthy resume you begin to realize that this man has set out and stepped into many endeavors. The most impressive would have to be Bellamy’s restaurants.

When you see that his career path has been consistently working in business and technology, it is hard to see that he would have the time to step into the restaurant business. Not only has he turned a restaurant around, but he has taken that restaurant and made it into a huge sensation that is well loved in San Diego.

They serve high-end cuisine that is sought after by so many tourists and many regulars as well. After one of Bonar’s favorite restaurants began doing an overhaul he was able to scoop up the staff for his own restaurant. According to San Diego Magazine, after the huge success of Bellamy’s, Brian Bonar plans on opening a four-star facility with a signature restaurant in Bandy Canyon. How could this man go wrong?