|By Marketwired .||
|May 6, 2014 09:55 AM EDT||
RED BANK, NJ and CHESTER, NJ -- (Marketwired) -- 05/06/14 -- InvestView, Inc. (OTCQB: INVU) ("InvestView") is pleased to announce that Jordan L. Kimmel has been named the new Chief Investment Officer for InvestView, Inc. a NJ-based investment education, asset management company, and financial services organization.
In his position, Kimmel's responsibilities include direct portfolio management utilizing managed accounts as well managing a private fund. Kimmel will also be providing guidance to the firm's clients on relative risk and opportunities in the capital markets.
Kimmel has spent more than 25 years in the capital markets, managing portfolios and providing guidance to clients, brokers and has been prominent in the media. Prior to joining InvestView, Inc. Kimmel served as chief market strategist and portfolio manager for other national independent brokerage firms. From 1997 to 2009, he was president of the Magnet Investment Group, LLC, an independent firm that managed proprietary funds and served as a sub-advisor to other prominent investment firms. During that time, the MAGNET® Stock Selection Process was licensed to John Nuveen and Co., which issued "GEMS" Unit Investment Trusts that applied the Magnet process to several different indices. Earlier in his career, Kimmel was a first vice president at Dean Witter and an account executive at Paine Webber, and at A.G. Edwards.
"Bringing in Jordan Kimmel into InvestView is one of the important milestones in the history of the firm. Jordan is an icon on Wall Street and as our Chief Investment officer he will be help build our asset management division. Jordan's Magnet® Stock Selection process was featured in Forbes Magazine and he has appeared on CNBC, FOX Business, and ABC TV hundreds of times. I believe this critical step in bringing in Jordan Kimmel will bring InvestView long term shareholder value," said Dr. Joe Louro, Investview's Chief Executive Officer.
"I am excited to join InvestView. I have known the company and some of the team for many years. The firm has tremendous technology, an experienced management team, and are focused on their client's needs. Adding the asset management component to the firm was a natural extension. I am looking forward to working with the InvestView team during this growth path they are in," said Kimmel. "I look forward to adding my expertise and talents to the already strong team here at InvestView."
Kimmel has been a frequent guest on CNBC and Fox Business News, and hosts his own weekly radio show, Magnet Investing with Jordan Kimmel on the VoiceAmerica Business Network. He also hosts a second show on that network titled Trust Across America that discusses the factors needed to restore trust in business. He authored Magnet Investing and The Magnet Method of Investing: Find, Trade, and Profit from Exceptional Stocks, (Wiley, 2009). In 2013, the well-known Stock Trader's Almanac dedicated its 46th annual edition to Kimmel.
Kimmel also co-founded Trust Across America (www.trustacrossamerica.com), an initiative to rebuild trust in business. In connection with that role, Kimmel helped develop and trademark a quantitative methodology to identify "the most trustworthy companies in America," called FACTS®, that analyzes companies, both quantitatively and qualitatively, in five key areas of trustworthy behavior.
Certain statements contained in this press release may constitute "forward-looking statements." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
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