Logan Capital plans to expand wealth services

FWR Staff

20 July 2005

New hires to boost private-client consulting; firm eyes more robust offerings. Asset management firm Logan Capital Management has hired Nicholas Sandor and Daniel Taylor to help expand its wealth-management services. Sandor comes to Ardmore, Pa.-based Logan from Merrill Lynch, where we was a Bala Cynwyd, Pa.-based financial advisor. Taylor was a transportation analyst with Legg Mason.

“We have always listened to our clients and proactively added the services required to remain competitive,” says Stephen Lee, Logan’s managing director. “ are exceptional at providing services that include individually managed stock portfolios, mutual funds, or specialized portfolio options.” He adds that his firm has in mind to offer other private-client consulting services including “individually managed bond portfolios, alternative investments, personal financial planning, estate planning, charitable planning, retirement planning, fiduciary services for trust administration, will and trust review.”

Logan offers “complete asset and wealth management private individuals and institutions in five investment portfolios” encompassing growth, value, concentrated value, “custom allocation” and fixed income, according to a company press release. Logan further claims to be “one of the only firms of its size to offer clients the ability to blend elements from each portfolio based on their specific investment strategy and risk tolerance.”

Logan was founded in 1993. According to Securities and Exchange Commission information, it has about $1.1 billion assets under management – $656 million in 681 discretionary accounts and $409 million in seven non-discretionary accounts. –FWR

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