General Investing >> Money Manager Interviews >> October 13, 2003

Laurence Ach – Trainer Wortham & Co Inc

LAURENCE E. ACH is Chief Investment Officer for equity investments and Senior Portfolio Manager at Trainer Wortham & Company, where he has worked since 1999. He was previously with Lynch & Mayer Inc. from 1994 to 1999, where he headed the firm's Private Asset Management division. From 1986 to 1994, Mr. Ach was a Senior Vice President/Portfolio Manager at Lazard Freres Asset Management. Prior to that, he had portfolio management and analytical responsibilities at NSR Asset Management, General Reinsurance and Bankers Trust. Mr. Ach earned his BA degree from Trinity College in 1969 and an MBA in Finance from the Wharton School in 1972. He was awarded the Chartered Financial Analyst designation in 1979. Mr. Ach is the third generation of his family to work in the investment field. His grandfather was a stockbroker and his father, Ernest Ach, was Director of Southern California Research at Sutro & Co. and was in the first class of recipients of the CFA. Profile
TWST: Would you begin with a brief overview of Trainer Wortham

and your responsibilities there?

Mr. Ach: Trainer Wortham is an 80-year-old investment counseling

firm. Approximately 95% of our