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Sierra Group of Companies Reaches over $3 Billion in Assets
The firm has experienced rapid growth over the last two years
Santa Monica, CA (February 13, 2018) -- The Sierra Group of Companies ("Sierra") is proud to announce that as of 12/31/17, the firm has reached over three billion dollars in combined assets under management and assets under advisement.
Founded in 1987, the Sierra Group of Companies consists of Sierra Investment Management, Inc., Ocean Park Asset Management Inc., and Wright Fund Management, LLC, which manages the Sierra Mutual Funds, which include the Sierra Tactical All Asset Fund and Sierra Strategic Income Fund.
“At Sierra, we have a long-term focus on limiting downside risk and volatility,” said David Wright, co-founder and managing director at Sierra. “It’s gratifying to our team that conservative investors have continued to see the value we provide and have helped us almost double our assets in about two years. We will continue to concentrate on providing value to our investors.”
About the Sierra Companies
Since 1987 Sierra has been helping retirees and other conservative investors preserve and grow their wealth. Through the years, Sierra has fine-tuned an investment approach with the specific goals of limiting downside risk and providing satisfying returns over a market cycle. Using decades of strategic research and proven risk management disciplines, Sierra strives to help its clients meet their specific investment goals.
Neither Sierra Investment Management, Inc., Ocean Park Asset Management, Inc. nor Wright Fund Management LLC are affiliated with Northern Lights Distributors, LLC.
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Tucker Hewes, (212) 207-9451