General Investing >> Money Manager Interviews >> December 8, 2008
Nicholas A. Caruso Jr. is Senior Vice President and Chief Wealth Strategist of
Wolverine Investments, where his duties range from portfolio management and
research to new business development. As a strategist, he designs and monitors
customized technical indictors to measure market momentum and investor
psychology. Prior to joining Wolverine Investments in 2005, he spent the
majority of his investment career with Merrill Lynch & Co., Inc., where he was a
Vice President of the Private Client Group. Over his long career, Mr. Caruso
utilized both proprietary technical and fundamental investment strategies to
reduce exposure to risk while enhancing growth of principal opportunities. He
maintains that providing clients with portfolio protection and income
enhancement is the most common sense approach to producing more consistent
portfolio returns. After graduating from Sacred Heart University with a Bachelor
of Arts degree in Business, he attended Bridgeport University where he earned a
Master of Business Administration degree. He also served in the Military
Intelligence division of the U.S. Army during the Vietnam War. Profile
JOHN M. BABYAK is the President and Senior Portfolio Manager of Wolverine
Investments, where his duties span all functional areas, including: portfolio
management and research; business planning and budgeting; trading, information
systems and administration; and new business development and client service.
Prior to joining WHB/Wolverine Asset Management in 1993, Mr. Babyak held various
systems engineering, sales and marketing management positions at IBM. He
graduated from The University of Vermont in 1982 with a degree in Management
Engineering. Mr. Babyak has written numerous articles about the markets,
including the studies "Rationale for Yield-Enhanced Convertible Securities,"
"Covered Call Writing: Managing Risk, Enhancing Portfolio Returns," "Managing
Portfolios For Optimal Tax-Efficiency" and "Convertible Securities as an Asset
Class." He is an internationally published market commentator and is frequently
quoted in the securities news media, including The Wall Street Journal and
Barron's. Profile
Investments and bring us up to date on your firm?
Mr. Babyak: Despite these very difficult markets, our professional
