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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (39382)11/10/2000 8:48:59 AM
From: JSwanson  Read Replies (1) | Respond to of 70976
 
It is Laura Sloate of Sloate, Weisman. It is an independent New York investment firm. The firm manages in a mid cap value style but will not (at least they used to not) buy any technology stocks. The firm has never been a part of SSB. They were included in what is called Fiduciary Services (FS). She has since been removed from the FS program, I believe because of very poor performance during this ttech bull market.

FS is a group of independent money managers that have been researched and signed on as co-fiduciary by SSB's Consulting Group. These MM have also agreed to lower their minimums to $100K (in some cases $50K) in turn for not having to do client meetings, marketing, etc and running just one composite portfolio. Most marketing and operating chores are done through a SSB broker. Almost every major brokerage firm has a similar product group and a lot of the managers overlap.

JS