Greenwich Investment Management has appointed Lawrence W. Doyle as president and chief operating officer.
Doyle will be responsible for leading the firm’s portfolio management, fixed income, equity and new business units.
Doyle spent 25 years on Wall Street before starting his new focus as a financial commentator with his website SenseOnCents.com. Doyle will continue the website and help Greenwich Investment Management and its Rieger Strategy to become better known.
Doyle says: "I am delighted to join the GIM team as I believe the future for the firm is one of tremendous opportunity. GIM’s investment strategy and overall approach to higher return, low volatility, tax-advantaged wealth management is very much in sync with what more and more American investors are looking for."
L. George Rieger, head of the firm and developer of the Rieger Strategy for high yield, low risk tax-advantaged wealth creation, says: "I am very pleased that Larry Doyle has chosen to join Greenwich Investment Management at this time. Larry brings exceptional leadership abilities and broad knowledge of the financial markets. His depth of experience in the market and focus on the fixed income sector will accelerate our move to the next level of growth in assets under management and continue to support our clients’ performance expectations. His financial world view is remarkably parallel to what has successfully guided our investment strategy over many years."
Rieger, as chairman and chief investment strategist, will concentrate his time on the development of new, tax exempt bond issues, portfolio strategy and client engagement.