RiverFront Investment Group

RiverFront Investment Group
1214 E Cary St
Richmond, VA 23219
(804) 549-4800
(866) 583-0744

Articles by RiverFront Investment Group

Michael Jones
Chairman; President & CEO, RiverShares Division

Michael Jones

Prior to launching RiverFront in 2008, Michael was the Chief Investment Officer at Wachovia Securities from 2002. In this capacity, he was responsible for all aspects of financial advice, including asset allocation, tactical strategy and portfolio implementation and managed over $75B in discretionary portfolio assets.

Michael began his career in fixed income portfolio management, serving in a variety of roles cumulating in his promotion to Chief Fixed Income Officer for Mentor Investment Group. While at Mentor and its successor firm, Evergreen Investment Management, Michael managed over $12 billion in high grade and high yield fixed income assets and was responsible for the design and implementation of advanced fixed income and risk management analytics.

Michael is a regular guest on the financial news channels (CNBC, Bloomberg) and is frequently quoted in the financial press.

Michael earned a BA in Economics from the College of William and Mary and an MBA from the Wharton School at the University of Pennsylvania. He received his CFA designation in 1990.

Though Michael's artistic side is less developed than his financial side, he has compensated for this shortcoming by a marrying a woman with fantastic artistic tastes. As a result, their three children express themselves through the guitar, piano, musical composition and drama. Michael's artistic role in the family is confined to occasionally picking out the wine for dinner and playing with their dog Spot, who also lacks any discernable artistic talents.

Rod Smyth
Director of Investments

Rod Smyth

As Chief Investment Strategist, Rod is responsible for developing and communicating RiverFront’s investment views to our clients. Rod brings more than 30 years of global investment experience to support both our investment process and business development efforts. He serves on the firm’s Executive and Operating Committees, where he focuses on the strategic direction of the firm and its culture.

Rod, an Irishman, has lived, worked, and invested in Europe, Asia and North America during his tenure in the investment business. From 1982 to 1995, he was based in Europe as a global portfolio manager and in Asia as the investment strategist for a leading British investment bank.

In 1995, Rod moved to Richmond to work for Wachovia Securities and its predecessor firms where he combined both roles serving as the firm’s Chief Investment Strategist for eight years and as portfolio manager for its Global Asset Allocation portfolios. Rod is also the current Chairman of the Investment Advisory Committee for the $60 bil Virginia State Retirement System.

Rod is a regular guest on the financial news channels (CNBC, Fox Business and Bloomberg) and is frequently quoted in the financial press.

Rod earned an MA in Economics from Dundee University in Scotland.

Doug Sandler
Global Strategist

Doug Sandler

Doug serves as Chief US Equity Officer, bringing more than 20 years of investment experience to the equity team. In addition, he serves on the firm’s Operating Committees. Prior to launching RiverFront, Doug served as Managing Director and Chief Equity Strategist at Wachovia Securities, where he was responsible for all equity advice of the firm. He led a team of talented and experienced portfolio managers and strategists, whose goal was to provide independent and sound equity recommendations. The work of his team included actively managed portfolios, weekly investment pieces and the regular monitoring of widely held positions of the firm's clients. Doug is also a regular guest on the financial news channels (CNBC, Bloomberg) and is frequently quoted in the financial press. Doug earned a BS in Accounting and an MBA from the University of Richmond, graduating with honors. He received his CFA designation in 1997.

Pete Quinn
President & CEO

Pete Quinn

Pete serves as President and Chief Operating Officer for RiverFront, bringing over 32 years of industry experience to his role leading the organization. In addition, he serves on the firm’s Executive Committee and is Chairman of the Operating Committee.

Pete spent the majority of his career at Wachovia Securities and its predecessor firms, lastly serving as President of the Private Client Group, where he ran the retail branch network. He worked in all areas of the firm, including capital markets, asset management and retail brokerage. Pete served as President of Mentor Investment Group, the asset management arm of the firm. Pete earned a BS in Accounting from The College of William & Mary and an MBA from the University of Richmond. He later served as an adjunct faculty member in the Robins School of Business at the University of Richmond, teaching an undergraduate class in finance.

More Articles

Europe: Stocks Making Headway Even in a Volatile Market

Europe: Stocks Making Headway Even in a Volatile Market

By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group Since February, concerns over inflation in the U.S., protectionist trade policy, softening economic data, and declining tech valuations have taken…

Reading Volatility’s Tea Leaves

Reading Volatility’s Tea Leaves

By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group Relative performance during periods of volatility can send important messages about market leadership when the volatility ends: The saying: ‘a…

The Bond Bear Gently Bites – Yield Matters

The Bond Bear Gently Bites – Yield Matters

Why we believe the Yield Curve suggests continued economic growth By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group Even Gradually Rising Rates are Tough for Bond Markets. At…

Volatility… A Welcome, if Unruly, Guest

Volatility… A Welcome, if Unruly, Guest

By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group Volatility is back….and with a vengeance. Recently, few days have gone by that did not involve day-to-day stock market price…

Fair Trade vs Free Trade vs Trade War

Fair Trade vs Free Trade vs Trade War

Can the US achieve fair trade without initiating a trade war? By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group For the last two weeks the possibility of steel…

The End of the 35 Year Bull Market in Bonds

The End of the 35 Year Bull Market in Bonds

By Michael Jones, RiverFront Investment Group Our 2018 Outlook predicted a tough year for bond investors, as the Federal Reserve (the Fed) continues its steady increase in short-term interest rates and…

Inflation: Cyclical Pressures Vs Secular Forces

Inflation: Cyclical Pressures Vs Secular Forces

By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group Our View: A Cyclical Upturn, Not a Secular Trend When you look past all the volatility-induced “noise,” we believe the…

Perspective on Pullbacks: Plan, Don’t Panic

Perspective on Pullbacks: Plan, Don’t Panic

By Doug Sandler, Chris Konstantinos & Rod Smyth, RiverFront Investment Group It’s one thing to write about the potential for uncertainty to return to the market…but it’s a lot different to…

Italy: Economic Momentum Outweighs Political Intrigue

Italy: Economic Momentum Outweighs Political Intrigue

By Chris Konstantinos, CFA, RiverFront Investment Group With the upcoming Italian parliamentary elections set for March 4, Italy’s fragile political system may create uncertainty about the country’s future and its place…

3 Reasons to Be Thankful, and What They Mean

3 Reasons to Be Thankful, and What They Mean

By Rod Smyth, Doug Sandler and Chris Konstantinos, RiverFront Investment Group 1. Low Unemployment and Low Inflation Any way you look at it, the jobs market has improved significantly in the…

Time for Dividend Investors to be More Discerning

Time for Dividend Investors to be More Discerning

By Doug Sandler, CFA, RiverFront Investment Group Dividend investing strategies have become popular in the US, attracting both equity investors desiring a lower risk way to participate in the bull market…

Concentrated Positions: The Elephant in the Room

Concentrated Positions: The Elephant in the Room

By Doug Sandler, CFA, RiverFront Investment Group Bull Market Presents Opportunity to Address a Major Portfolio Risk, in our View In our opinion, concentrated positions present one of the biggest obstacles…

Japan’s Election Renews Mandate for ‘Abenomics’

Japan’s Election Renews Mandate for ‘Abenomics’

By Chris Konstantinos, CFA, RiverFront Investment Group Japanese Prime Minister Shinzo Abe’s gamble paid off; his Liberal Demographic Party (LDP) has retained its supermajority status in the lower house of parliament…

Investors: 5 Things We Worry About…

Investors: 5 Things We Worry About…

By Rod Smyth, RiverFront Investment Group Our recent weeklies have focused on addressing what we believe are the concerns of our readers and reconciling them with our positive outlook for stocks.…

Wake Me Up When September Ends

Wake Me Up When September Ends

By Tim Anderson, CFA, RiverFront Investment Group “Summer has come and passed, the innocent can never last, wake me up when September ends.” – Green Day. First off, RiverFront would like…

Wall Street Darlings: Participate & Protect

Wall Street Darlings: Participate & Protect

By Doug Sandler, CFA, RiverFront Investment Group Since 2010, the S&P 500 has been driven in large part by a small number of companies in just a handful of industries like…

‘Fire and Fury’ – A Take On North Korea

‘Fire and Fury’ – A Take On North Korea

By Chris Konstantinos, CFA, RiverFront Investment Group Each of the past few years has served up a geopolitical ‘crisis du jour’. Today, the investment world is fixated on the risks that…

An Unanticipated Surprise for Investors

An Unanticipated Surprise for Investors

By Rod Smyth, RiverFront Investment Group Most of us enjoy being pleasantly surprised, so one of the things we think investors should evaluate when assessing a market move is what they…

Disinflationary Growth Benefits Commodity Importers

Disinflationary Growth Benefits Commodity Importers

By Chris Konstantinos, CFA, RiverFront Investment Group Global economic growth data has continued to strengthen this summer, while inflation in almost every developed economy remains under the generally accepted target of…

U.S. Dominance of Technology & Innovation

U.S. Dominance of Technology & Innovation

By Rod Smyth, RiverFront Investment Group Our asset allocation portfolios are positioned for outperformance by non-US markets in 2017. Our preference for non-US markets is based on relative valuations and…

Market Pullbacks May Not Be Worth Waiting For

Market Pullbacks May Not Be Worth Waiting For

By Doug Sandler, CFA, RiverFront Investment Group We have noticed that many retail investors are currently sitting on cash and waiting for an opportunity to get back in the market.…

Low Volatility – Not A Reliable Bearish Signal

Low Volatility – Not A Reliable Bearish Signal

By Rod Smyth, RiverFront Investment Group A lesson regarding economic growth and stock volatility Historically, long-term investors have not benefitted from betting against the combination of capitalism and democracy, even…

Should One Just Buy the Index?

Should One Just Buy the Index?

By Rod Smyth, RiverFront Investment Group In our view, this is one of the most asked and most relevant questions in investing and has been for decades. It sounds like…

Are You Positioned for Higher Rates?

Are You Positioned for Higher Rates?

By Rod Smyth, RiverFront Investment Group Chief Investment Strategist We believe U.S. long-term interest rates may have hit a multi-year low, perhaps even an all-time low. If we are correct…

Presidential Election Trumps the Fed

Presidential Election Trumps the Fed

One of the biggest losers of Trump’s surprise election victory has been long- term (10+ year) US Treasury bonds. Long-term yields had already begun to rise from their 7/8/16 all-time…

Trump’s Political Upset of the Century

Trump’s Political Upset of the Century

American voters defied the political polls and pundits on Tuesday and elected Donald Trump as the next US president. In a year full of electoral surprises, we think this elevation…

ETFs: Active Tools, Not Passive Placeholders

ETFs: Active Tools, Not Passive Placeholders

By Doug Sandler, CFA, RiverFront Investment Group Chief U.S. Equity Officer For nearly 15 years our investment team has utilized ETFs within our global portfolios. We have always viewed ETFs…

Investing involves risk including the risk of loss of principal. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs’ net asset value. Brokerage commissions and ETF expenses will reduce returns.

SPDR® S&P MidCap 400® ETF Trust an exchange traded fund structured as a unit investment trust listed on NYSE Arca, Inc., seeks to track an index of mid-cap U.S. equity securities.

Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

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