Ross Asset Advisors Announces New Location In Downtown Los Angeles
08-Jan-2012 | News-Press Release
Los Angeles, CA ( prsafe ) January 6, 2012 - Top Los Angeles financial advisor and planner Ross Asset Advisors has moved from La Canada to downtown Los Angeles, on Bunker Hill, at 355 S Grand Ave. This central location will make it easier for Los Angeles residents who want to find a financial advisor to discuss their needs with President Brendan Ross. Mr. Ross explains the move: "While I loved living and working in La Canada, a growing firm has growing needs, and downtown Los Angeles just ticked all the boxes for us: convenience, ease of access, and plenty of parking for our clients."
Ross Asset Advisors has made a name for itself with a unique approach that fits well with conservative investors looking for higher yield without higher equity market risks. The firm achieves its results using a combination of traditional and alternative fixed income products that are not available to large 'wirehouse' advisors such as Morgan Stanley Smith Barney, Merrill Lynch, and Wells Fargo.
As the Wall Street Journal reports: "In the aftermath of the financial-market crisis, investors are leaving Wall Street to sign on with independent investment advisers."
For independent financial advisor Ross Asset Advisors, this trend has been a boon. As Ross observes, "The larger firms have a canned, product-driven approach that hasn't worked well for investors in over 10 years. After so many years of underperformance, even conservative investors are moving on. They can't afford not to. Things have changed."
As Boston Consulting Group researchers David Rhodes and Daniel Stelter put it so cogently last week: "The West is drowning in debt." They go on to conclude: "…the 30-year credit boom has run its course… There are no easy solutions to the debt problem. At best, we expect a sustained period of low growth in the West."
Ross attributes much of his firm's success to his ability to actually listen to and agree with clients, many of whom have lost faith in the traditional stock-driven approach to growth of wealth. "I don't try to convince people to believe in the markets because I don't have to," says Brendan. "With the independence and access to alternatives that we have, our clients can avoid a lot of risk while still achieving expected returns in the high single digits. For retired Americans, those are life-changing numbers."
About half of the Ross Asset Advisors clients come from Los Angeles, and half from the rest of the US and the world. Ross sees this move as a way to help both local and long distance clients. "We've been fortunate enough to serve a worldwide base of clients looking to find a financial advisor. Now, if and when they visit Los Angeles, we'll have the chance to meet in person, right downtown."
If you'd like more information on personal investment topics, trends in wealth management, or commentary on alternatives investments; or to schedule an interview with Brendan Ross, you can reach out to the website at http://www.rossasset.com and directly at 213-479-2879 or firstname.lastname@example.org.
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