New CEO and Chairman At The Helm Of Capital Group

Planning for retirement and preparing a financial plan for the protection of your family are requisites of life in any civilized country. The United States of America regards financial considerations as critical and often personal achievement is based not so much on accomplishments but on financial worth.

Whenever preparing for retirement or the future, it is important to use the resources of investment firms like Capital Group. The company has effective financial analysts and managers working hand in hand to protect and create wealth for their clients. It is always better when the people making investments for you use the coordinated efforts of a team and not just one person. This type of investment consideration was first introduced in the 1950s by Capital Group and has since served to identify the company’s working structure with their numerous clients.

Related: You Don’t Have to Settle for Average Investing Returns. Here’s Why

Certainly having more than one person working for an investor is better and often several, including managers and analysts, are used together to provide for continued portfolio success.

Timothy D. Armour is the CEO of the Capital Group. He has 33 years of financial experience with the firm, is chairman of the Management Committee, and continues to enjoy being an equity portfolio manager. Early in his career with Capital Group, he specialised in the effects of worldwide global telecommunications and studied service companies that were located in the United States of America.

Armour received a Bachelor’s Degree in Economics from Middlebury College. He works and lives in the Los Angeles area. Capital Group has more than $1.4 trillion in assets under their able management and has over 7,000 employees helping to make investing and investments safe and secure. With a history in the investment industry going back eight decades, Capital Group has proven its place in the industry as a leader.

Tim Armour is a part of the seven-person management committee along with Rob Lovelace and Darcy Kopcho. Armour was elected chairman of the Capital Group in July 2015 after the unexpected death of Jim Rothenberg.

As chairman and CEO of Capital Group, Armour brought his extensive work experience and proven investing acumen to the head of the management table. He had proven himself as a lifelong member of the Capital Group. He will continue to ably guide the firm and his future, and the future of the Capital Group will be assured.

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