St. Louis, MO – FOCUS Distribution has come to an agreement to represent Wedgewood Partners, Inc. and their Large Cap Focused Growth SMA & Mutual Fund as well as their Focused SMID Cap SMA Strategy.
Steve Chun, Co-Founder of Focus Distribution, said, “When we heard that their tagline was “Focus is our edge,” we knew that we had a partner who was a perfect fit with Focus Distribution and the other solutions that we represent.” “Wedgewood Partners is precisely the kind of manager that meets the standards that our Financial Advisors demand. A high conviction, concentrated portfolio leaves no place to hide for a money manager. They recognize that excellent performance is a direct result of meaningful research and that managers need to demonstrate the courage of their convictions to compete with low-cost index solutions and theme-based ETFs,” continued Focus Co-Founder Luke Theeuwes.
Wedgewood CIO David Rolfe, “As a growth manager, we have always believed that profitability matters, valuations matter, and earnings matter. We saw several peers respond to the pressure by throwing in the towel on their beliefs to follow the crowd. Buying what they wished they had owned can work until it doesn’t. We have seen this movie before and know how it ends.”
“We looked at other distribution solutions and realized that being part of a firm that represents a highly curated basket of investment solutions would make Wedgewood more attractive to many consultants.” said Bill Thomas, CEO, and President. “The partners at Focus have always lived by the philosophy that they would not represent anything that we wouldn’t commit our own money to. Wedgewood is unique, but its story compliments our other investment partners. We are thrilled to be representing such a firm with such a rich history of almost 30 years,” added Focus Co-Founder Keith Thompson.
About Focus Distribution
Focus Distribution is a marketing and distribution firm that specializes in representing unique investment solutions. Their objective is to curate a basket of boutique ETF and SMA providers and advisor solutions to help educate consultants in areas that address universal client concerns. Based in Woodstock, NY, the firm has additional offices in Houston, TX, and Philadelphia, PA. For more information, contact info@focusdst.com or visit www.focusdst.com.
About Wedgewood Partners:
It is privately held and employee-owned, with staff tenure that dates to the firm’s founding. Wedgewood Partners has a three-decade history of investing success, providing professional advice, portfolio management, and pension consulting services to three distinct client segments: Third-party investment advisors; institutions (pensions, defined contribution plans, ERISA-based organizations, and endowments); and high-net-worth investors. Their management philosophy is based on three key investment tenets:
- A focus on best-of-breed growth companies.
- The patience to institute and execute over longer time horizons.
- The discipline required to recognize undervalued/out-of-favor opportunities.