General Investing >> Money Manager Interviews >> July 27, 2009
A. Michael Adams is the President, Principal Portfolio Manager and founder of
Adams Financial Concepts. Formerly a Senior Vice President and Senior Portfolio
Manager at Wachovia Securities, LLC, he has been a securities portfolio manager
since 1990. He began his career in the financial industry at Paine Webber in
1986, where he was a retail stockbroker. In 1990, he moved to Dain Rauscher to
transition his business from the traditional transaction-based stock and bond
trading to fee-based portfolio management. From the inception of his career, he
has been recognized as a leader in the industry, earning distinction as a rookie
by being named to the "Eagle's Nest" and in subsequent years at Dain Rauscher,
being recognized as part of the President's or Chairman's Counsel. His prescient
instincts and desire to "do it his way", led him to develop his own portfolio
philosophy and strategies. Earlier training as a mathematician enabled him to
interpret portfolio dynamics in "game theory" terms. He began his professional
life with 11 years in the aluminum industry in 1967, after gaining a Master's
degree in Industrial Administration from Carnegie Mellon University and a
Bachelor's degree from Oregon State University. He started as a management
trainee, including one and a half years in France, and worked up the corporate
ladder to spend five years as plant superintendent managing several hundred
people. He has owned a number of businesses. Profile
there.
Mr. Adams: After 20 years of working for large brokerage firms, I established
Adams Financial Concepts
