General Investing >> Money Manager Interviews >> April 13, 1998

Fred H. Vollbeer – Preferred Yield Inc

FRED H. VOLLBEER, President and CIO of Preferred Yield, Inc. was born in Davenport, Iowa. He attended college at the University of Iowa, graduating in 1966 with a BBA in Management. He pursued postgraduate studies in economics and accounting at the University of Virginia while serving in the Air Force and stationed at the Pentagon in Washington, D.C. In 1971 he took the position of Controller-CFO with L.A. Clarke & Son, Inc. in Washington, D.C. In 1976 he became Personal Business Manager for Mr. Roy Carver, Founder of Bandag, Inc. In 1982 after Mr. Carver's death, he became Business Manager for Mr. J.B. Fuqua, founder of Fuqua Industries. In 1983 he began his own investment advisory firm, Preferred Yield, Inc. Married, with one son, he enjoys hunting, fishing, reading and ballet. Profile
TWST: Why don't we start with a description or profile of your firm?

Mr. Vollbeer: We're a small investment advisory firm, formed about 10

years ago. We've got a little under $30 million