SANTA MONICA, Calif.–(BUSINESS WIRE)–Sierra Investment Management, Inc., a leader in risk mitigation strategies through tactical investment disciplines, today announced that the firm has hired two investment staff, James St. Aubin as Chief Investment Officer, and Ryan Harder as Chief Investment Strategist of The Sierra Group of Companies, effective July 18, 2022. They will both be based in Santa Monica, Calif., where the company at his seat.
“Ken, Dave and I speak on behalf of the entire Sierra team as we welcome James and Ryan to the team with great enthusiasm,” said Skip Schweiss, CEO. “Both have impressive backgrounds in the investment world and in asset allocation in particular. Their views align with Sierra’s tactical approach, and we look forward to them playing a important role as Sierra continues to grow and succeed.
James Saint-Aubin:
Mr. St. Aubin will focus on portfolio management and asset allocation as well as investment-related research and will work closely with Sierra co-founders David Wright and Kenneth Sleeper. He joins from Highmark Capital Management, where he was until recently Managing Director, Chief Multi-Asset Strategist.
“It’s a pleasure to join Sierra and work with industry visionaries like Skip, Dave and Ken,” said St. Aubin. “Within the financial advisor community, Sierra Mutual Funds and Ocean Park Asset Management Strategies have a strong reputation for performance and risk aversion strategies. I look forward to working with an excellent team of investment leaders to continue to deliver the best results to our clients.”
Prior to joining Highmark Capital Management, Mr. St. Aubin spent 15 years working for Smith Barney, Ibbotson/Morningstar and Wilshire Associates respectively. He earned a Bachelor of Science in Finance from DePaul University and is a CFA® Charter holder.
Ryan Harder:
In his new role as Chief Investment Strategist, Mr. Harder will be responsible for overseeing research, trading and portfolio management. He comes from Guggenheim Investments where he served as portfolio manager and managing director, and previously worked with WestLB Asset Management in Europe, as an equity research analyst and associate portfolio manager.
“I am thrilled to join Sierra at such an exciting time in its history,” said Harder. “Sierra Mutual Funds and Ocean Park Asset Management’s strategies are experiencing exceptional growth, and the company has long been a trusted name with advisors and retail clients alike. I look forward to being a part of Sierra’s continued success and growing market presence.
Mr. Harder holds a BA in Economics from Brock University in Ontario, Canada, and an M.Sc. from the ICMA Center at the University of Reading in the UK. in international securities, investment and banking, and is a CFA charter holder.
For more information about Sierra Investment Management, please visit www.sierrainvestment.com.
About Sierra Group:
The Sierra group of companies (“Sierra”) includes Sierra Investment Management, Inc., Ocean Park Asset Management, Inc. and Wright Fund Management, LLC, which manages Sierra mutual funds, which include Sierra Tactical Core Income Fund, Sierra Tactical Bond Fund and Sierra Tactical Risk Spectrum 50 Fund.
Since 1987, Sierra’s goal has been to help retirees and other investors preserve and grow their wealth. Over the years, Sierra has refined risk mitigation disciplines specifically designed to limit downside risk and attempt to provide returns that conservative investors would find satisfactory. The Sierra Group manages or advises over $9 billion in assets.
Investors should carefully consider the investment objectives, risks, charges and expenses of Sierra Mutual Funds. This and other information about the Funds is contained in their prospectuses and should be read carefully before investing. Prospectuses can be obtained by visiting sierramutualfunds.com or by calling toll free 1-866-738-4363 (1-866-RETI-FND). Sierra Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC.
Sierra Mutual Funds are distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC. Neither Sierra Investment Management, Inc., Ocean Park Asset Management, Inc. nor Wright Fund Management LLC is affiliated with Northern Lights Distributors, LLC.
Some of the Sierra Mutual Funds invest in Underlying Funds that invest in overseas emerging market countries that may have relatively unstable governments, weaker economies and less developed legal systems, which do not protect investors. In general, the price of a fixed income security falls when interest rates rise. Any strategy that includes inverted securities could result in significant losses for the Fund. The underlying fund’s investments in lower-grade bonds, known as high-yield or junk bonds, are more risky than higher-grade bonds. Municipal securities are subject to the risk that legislative changes and economic developments may adversely affect the value of the Fund’s investments. Risks associated with REITs include declines due to deteriorating economic conditions, changes in property values and borrower defaults. Underlying funds that hold small and mid capitalization companies may be more vulnerable than larger, more established organizations to adverse business or economic events. In some cases, it may be less expensive for an investor to invest directly in the underlying funds.
1844-NLD-07202022
