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A in Online Business Trade Directory
Home » Business » Business Investing » Investment Money Managers » A » Airline Pilot Investment Group, Corp.
Airline Pilot Investment Group, Corp. in Online Business Directory
Airline Pilot Investment Group, Inc. (APIG) was formed by Eugene Steele for retiring airline pilots. Mr. Steele, an active airline pilot has practiced law since 1972. During that practice he has provided investment advice for clients. However, the federal exemption available to attorneys requires that most of their business be legal advice. Through his flying experience he became aware that many of his fellow airline pilots were not familiar with investing after retirment. Further, the conservative investments that many retired pilots chose did not justify paying money management fees. Mr. Steele is capable of traditional portfolio management with 50 associated money managers from Lockwood Financial Group, the largest independent provider of individually managed accounts. As one of Lockwoods 390 advisors his philosophy is if you cannot add value to a portfolio than you do not deserve a fee. We can arrange assets using modern portfolio theory, an expansion of the 10% cash, 40% bonds and 50% stocks. When an investor follows traditional investment methods, they will accrue traditional investment results. If this is satisfactory to a client, we will accomplish it with the establishment of a financial plan. Each plan must fit the clients personality. If it is too volatile or unproductive it will not meet the clients needs. Mr. Steele does not believe in mutual funds for those interested in high performance. Historically, 90 % of mutual fund money managers have under performed the markets. In 1996 Hedge funds money managers out performed the markets. Careful selection of the correct Hedge fund is required. Rather, we can design a limited portfolio of stocks that historically have performed in a way best suited to the clients goals. Further, bonds are traded rather than held for a higher return. Alternative investments are used to balance the portfolio and increase return probability. Mr. Steele is a follower of technical analysis rather than fundamental analysis. Depending on some clients goals market neutral and hedging strategies are used to equalize risk of the market. We can trade equities on the long and short side with the goal of increasing value in rising and declining markets. Each account is individually designed and managed. If the client is averse to risk then we follow traditional methods. If the client is not risk averse than active management seeking absolute rather than relative returns are sought. Mr. Steels personal philosophy is if you cannot beat the market you do not belong in this business. He has said it is my goal to manage all the retired airline pilot funds in the country based on our ability to design portfolios that meet the clients needs and risk tolerance. Computers are used extensively. Most research that took weeks to compute can be done on computers in minutes today. The addition of mathematical models and back testing with computers has simplified portfolio design. Access to information is now immediate. Stop losses and hedging methods are in effect when initial orders are placed on active accounts.
Address: 1061 W. Oakland Park Blvd. Fort Lauderdale, FL 33311
Telephone: 1-888-959-2676
Website:
http://apig.com/
