Grand investment

This article explores how life insurance might help small businesses attract and retain talent or fund buy-sell agreements.

Free forex bonuses

Wills and trusts can each help in the distribution of assets at death. This article points out important differences between the two.

Grand investment

You can review interesting calculators on my site.

Videos

Get a quick overview of a financial topic or current market happening.

Contact us

Please feel free to contact us with any questions.

Alternative thinking, simple solutions

In this age of information overload, planning your financial future can seem overwhelming. You have your own career, personal interests/beliefs, and family priorities that should rank far above your concern about money. Let grand glaize wealth management come up with unique strategies to solve the complex puzzles of investing, wealth building, retirement, asset protection, tax mitigation, and asset distribution that meet your goals. Then we will explain the implementation process in easy-to-understand terms so you are comfortable with the plan. Build a lifelong relationship with a team of trusted advisors who will put your priorities first.

Putting together the retirement income puzzle

What key pieces will make up your retirement income puzzle?

Newsletters

Three life insurance strategies for small businesses

This article explores how life insurance might help small businesses attract and retain talent or fund buy-sell agreements.

Will vs. Trust: know the difference

Wills and trusts can each help in the distribution of assets at death. This article points out important differences between the two.

Big data for smaller players

Read how small businesses use software services to help streamline operations, understand customers, optimize websites, and find new markets.

Managing your workplace retirement plan

This article presents some steps employees can take to get the most out of their employer-sponsored retirement plans.

Calculators

Savings goals

How much do you need to save each year to meet your long-term financial goals?

Retirement plan early distribution

Estimate how much would remain after paying income taxes and penalties if you took an early distribution from a retirement plan.

Mortgage refinancing

Determine whether you should consider refinancing your mortgage.

Lease payment

How much would your monthly lease payment be?

Market watch

February 01, 2021 @ 02:01 PM

Latest available stock quotes

ticker name	percent difference (when noted with %) otherwise last price	difference (where applicable)
nasdaq composite ETF	+0.5%
S&P 500 ETF	+0.4%

[

Markets

Charts

Quotes

Portfolio

]

Market data delayed per exchange rules.
All quotes are in US eastern time (EST).
Market data provided by ICE data services. ICE limitations. Powered and implemented by factset. Legal statement.

Securities offered through moloney securities co., inc., registered broker/dealer, member FINRA/SIPC

Investment advisory services offered through moloney securities asset management, LLC, registered investment adviser

Moloney securities co., inc., and moloney securities asset management, LLC are not under common control or ownership with grand glaize wealth management, LLC

Grand investment

Get a quick overview of a financial topic or current market happening.

Calculators

You can review interesting calculators on my site.

Contact us

Please feel free to contact us with any questions.

Alternative thinking, simple solutions

In this age of information overload, planning your financial future can seem overwhelming. You have your own career, personal interests/beliefs, and family priorities that should rank far above your concern about money. Let grand glaize wealth management come up with unique strategies to solve the complex puzzles of investing, wealth building, retirement, asset protection, tax mitigation, and asset distribution that meet your goals. Then we will explain the implementation process in easy-to-understand terms so you are comfortable with the plan. Build a lifelong relationship with a team of trusted advisors who will put your priorities first.

3 factors to consider when investing for the long term

These three factors will typically drive your long-term investment strategy.

Newsletters

Could you be responsible for your parents’ nursing home bills?

Filial responsibility laws can hold children responsible for certain parental debts. This potential liability is one reason to plan for long-term care needs.

Consider a roth conversion for tax-free income

Lower tax rates and asset values may make now the time to consider a roth conversion. This article outlines the rules and potential benefits.

HOT TOPIC: revisiting the 4% rule

For years, the “4% rule” helped retirees make their savings last, but now a more aggressive withdrawal strategy might be the new norm.

Stay-at-home spouse? Consider a spousal IRA

Stay-at-home spouses can fall behind in saving for retirement. This article explains how a spousal IRA can help keep retirement savings on track.

Calculators

Life expectancy

Knowing your likely life expectancy is an important factor in making long-term financial plans.

What will my net social security benefit be?

Taxable equivalent yield

Calculate the rate of return you would have to receive from a taxable investment to realize an equivalent tax-exempt yield.

Disability income insurance

How much disability income insurance do you need?

Market watch

February 01, 2021 @ 02:02 PM

Latest available stock quotes

ticker name	percent difference (when noted with %) otherwise last price	difference (where applicable)
nasdaq composite ETF	+0.5%
S&P 500 ETF	+0.4%

[

Markets

Charts

Quotes

Portfolio

]

Market data delayed per exchange rules.
All quotes are in US eastern time (EST).
Market data provided by ICE data services. ICE limitations. Powered and implemented by factset. Legal statement.

Securities offered through moloney securities co., inc., registered broker/dealer, member FINRA/SIPC

Investment advisory services offered through moloney securities asset management, LLC, registered investment adviser

Moloney securities co., inc., and moloney securities asset management, LLC are not under common control or ownership with grand glaize wealth management, LLC

Our company

Overview

Our certification

Our brands

Grand foods meat plant

Burger king

GPI properties

DR gaming technology

Spur corporation limited

Sunwest international

Sun slots RS (pty) ltd

Worcester (golden valley) casino

Mac brothers catering equipment

Investment portfolio

BURGER KING® south africa

Every day, more than 11 million guests visit BURGER KING® restaurants globally to enjoy the high-quality, great-tasting food that the brand is known for serving. Founded in 1954, BURGER KING® is the second largest hamburger chain in the world. Premium ingredients, signature recipes, and family-friendly dining experiences is what has defined the brand for more than 50 successful years.

Gaming

Sunwest international

Sunwest owns 100% of grandwest, the largest destination of its kind in SA, operating the only casino in cape town. The complex comprises state-of-the-art gaming equipment and acts as host to an array of entertainment facilities that cater to all ages and tastes. Grandwest also offers full conference and banqueting facilities and a multi-purpose arena capable of hosting music concerts, shows and other extravaganzas.

GPI's moments

BURGER KING® achieves revenue in excess of R1 billion.

80 BURGER KING® stores opened to meet MFDA.

Launched the first dunkin’ donuts in south africa in october.

Launched the first baskin-robbins in south africa in december.

Opened the grand foods meat plant in elsies river, cape town.

Invested in and opened the first BURGER KING® store in south africa.

Concluded the agreement to restructure certain common assets with sun international.

Paid a special dividend of 60 cents per share during january 2012 from the proceeds of the sun international deal.

Declared a final ordinary dividend of 12.5 cents per share and a second special dividend of 7.5 cents per share, totalling 20 cents per share subsequent to year-end.

Acquired a LPM route operator licence in gauteng.

Invested R192 million and became a leading slots operator.

Invested R28 million to increase our direct stake in sunwest to over 30%.

Invested R4 million to increase our stake in golden valley casino to 44.4% and achieved joint control.

Grew our indirect stake in sibaya casino through akhona GPI’s increased stake in dolcoast, which increased from 18.5% to 23%.

GPI exercised further options during the financial year and increased its stake in sunwest from 26.41% to 29.24%.

GPI now indirectly owns an effective share in sibaya casino of 6.3%.

In december 2008, GPI provided R7 million to akhona GPI so that it could exercise its pre-emptive rights through a first round offer. GPI provided an additional R13 million to akhona GPI so that it could exercise the balance of its pre-emptive rights through a second round offer. As a consequence, GPI’s economic stake increased to 75% and its voting rights to 49.99% in akhona GPI.

In november, GPI announced a R170 million deal to give it a controlling stake in thuo gaming, operator of limited payout machines, by taking full ownership of carentan investments, a subsidiary of the australian-based tatts group, which owned 90% of thuo gaming.

GPI listed on the main board of the JSE securities exchange in the 'general financial' sector.

GPI acquired a 30.6% stake in RAH.

GPI acquired a 50% economic and minority voting stake in akhona GPI which owned a 20% stake in thuo gaming KZN and a 6% stake in dolcoast.

GPI increased its stake in sunwest to 26.41%.

The GPI SPV trust and the GPI BBBEE trust established to enhance and sustain the company’s empowerment status and raise capital to repay debt.

The SPV trust owns 8.17% directly in GPI and this, together with the units held in the BBBEE trust and the units locked in by black shareholders by agreement amounts to an effective lock in of 28% until 2012.

GPI increased its economic stake in sunwest from 8.53% to 19.12%.

Overwhelming public response to preferential offer results in previously economically marginalised communities across the western cape taking up shares in GPI.

GPI acquired an initial 8, 53% stake in sunwest.

Sunwest emerged as the triumphant bidding vehicle and was awarded the exclusive license for the grandwest casino in goodwood, cape town.

GPI converted to a public company.

Reached an agreement to restructure certain common interests with sun international

Acquired a LPM route operator licence in gauteng

33 heerengracht street, foreshore
cape town
8001

Our advantages

Licenses and certificates

Quotes online

instrument	bid	ask	spread	percentage
BTCUSD	33827.121	33830.469	1.1	-2.29%
ETHUSD	1328.830	1330.240	0.5	-4.19%
LTCUSD	131.46025	131.62976	0.1	-2.09%
BCHUSD	405.395	407.355	0.6	-2.02%
ETCUSD	7.323	7.575	0.1	-1.77%
XMRUSD	140.868	142.462	0.5	+1.03%
ZECUSD	85.331	86.910	0.5	+1.37%

instrument	bid	ask	spread	percentage
eurusde	1.20724	1.20730	0.1	-0.38%
gbpusde	1.36767	1.36779	0.1	-0.29%
audcade	0.97985	0.98002	0.1	-0.51%
nzdusde	0.71648	0.71668	0.1	-0.07%
eurjpye	126.683	126.700	0.1	+0.31%
eurchfe	1.08235	1.08249	0.1	+0.51%
USDRUB	75.84280	76.14720	0.2	-0.31%
USDCNY	6.4739	6.4758	0.1	+0.02%

instrument	bid	ask	spread	percentage
#AA	18.67	18.70	0.1	+0.21%
#CSCO	45.53	45.55	0.1	+1.49%
#MCD	208.12	208.18	0.1	+2.34%
#MSFT	241.10	241.12	0.1	+2.50%
#APPLE	134.17	134.19	0.1	-1.50%
#FORD	10.89	10.91	0.1	+1.78%
#TESLA	833.62	833.88	0.1	-0.73%

account	profitability for the last 3 months	age
trade tanzania:4794816	675.38%	39 days
LO 2.0:4752263	233.66%	121 days
shadow2020:4809613	175.22%	48 days
aisha is'haqu mohammed:4428442	169.63%	793 days
blackrock:532377	163.96%	1442 days
alexander smirnov:4749218	162.7%	189 days
money maker:4810394	160.62%	46 days
rafalk:4461092	132.82%	770 days

- Grand capital ltd.
- Contacts
- Company news

- Trading
- CFD, futures contracts
- Metatrader 4

- Investment
- Managers' rating

- Analytics
- Economic calendar
- Analytic reviews

- Partnership
- Contests
- Agreements
- FAQ

Risk disclosure: before starting to trade on currency exchange markets, please make sure that you understand the risks connected with trading using leverage and that you have sufficient level of training.

- grandcapital ltd. 24598 IBC 2018 (suite 305, griffith corporate centre, P.O. Box 1510, beachmont, kingstown, st. Vincent and the grenadines)

- grand capital ltd. 036046 (suite 102 aarti chambers, mont fleuri, victoria, mahe, seychelles)

- this information is intended for investors outside of the united states who are not the US/japanese citizens and residents.

العربيّة

Deutsch

English

Español

فارسی

Français

Bahasa indonesia

Bahasa melayu

Polski

Português

Русский

ภาษาไทย

Українська

Tiếng việt

简体中文

Grand investment

Get a quick overview of a financial topic or current market happening.

Calculators

You can review interesting calculators on my site.

Contact us

Please feel free to contact us with any questions.

Alternative thinking, simple solutions

In this age of information overload, planning your financial future can seem overwhelming. You have your own career, personal interests/beliefs, and family priorities that should rank far above your concern about money. Let grand glaize wealth management come up with unique strategies to solve the complex puzzles of investing, wealth building, retirement, asset protection, tax mitigation, and asset distribution that meet your goals. Then we will explain the implementation process in easy-to-understand terms so you are comfortable with the plan. Build a lifelong relationship with a team of trusted advisors who will put your priorities first.

The retirement income factor

How much money will you bring to retirement?

Newsletters

Investing in uits

A unit investment trust is structured differently than a mutual fund or ETF. Could its unique features help you ladder your investments?

Telemedicine: the virtual doctor will see you now

Many large employers offer telemedicine programs in their benefit packages. Do you know the potential advantages of telemedicine?

Consider a roth conversion for tax-free income

Lower tax rates and asset values may make now the time to consider a roth conversion. This article outlines the rules and potential benefits.

Early retirement and your tax-deferred savings

Find out how the rules for early-distribution penalty exceptions differ for withdrawals from traditional iras and employer-sponsored plans.

Calculators

Retirement plan early distribution

Estimate how much would remain after paying income taxes and penalties if you took an early distribution from a retirement plan.

Mortgage acceleration

This calculator can help you determine how soon you can pay off your mortgage.

Impact of inflation

Estimate the future cost of an item based on today’s prices and the rate of inflation you expect.

Taxable equivalent yield

Calculate the rate of return you would have to receive from a taxable investment to realize an equivalent tax-exempt yield.

Market watch

February 01, 2021 @ 02:02 PM

Latest available stock quotes

ticker name	percent difference (when noted with %) otherwise last price	difference (where applicable)
nasdaq composite ETF	+0.5%
S&P 500 ETF	+0.4%

[

Markets

Charts

Quotes

Portfolio

]

Market data delayed per exchange rules.
All quotes are in US eastern time (EST).
Market data provided by ICE data services. ICE limitations. Powered and implemented by factset. Legal statement.

Securities offered through moloney securities co., inc., registered broker/dealer, member FINRA/SIPC

Investment advisory services offered through moloney securities asset management, LLC, registered investment adviser

Moloney securities co., inc., and moloney securities asset management, LLC are not under common control or ownership with grand glaize wealth management, LLC

Our advantages

Licenses and certificates

Quotes online

instrument	bid	ask	spread	percentage
BTCUSD	33827.121	33830.469	1.1	-2.29%
ETHUSD	1328.830	1330.240	0.5	-4.19%
LTCUSD	131.46025	131.62976	0.1	-2.09%
BCHUSD	405.395	407.355	0.6	-2.02%
ETCUSD	7.323	7.575	0.1	-1.77%
XMRUSD	140.868	142.462	0.5	+1.03%
ZECUSD	85.331	86.910	0.5	+1.37%

instrument	bid	ask	spread	percentage
eurusde	1.20724	1.20730	0.1	-0.38%
gbpusde	1.36767	1.36779	0.1	-0.29%
audcade	0.97985	0.98002	0.1	-0.51%
nzdusde	0.71648	0.71668	0.1	-0.07%
eurjpye	126.683	126.700	0.1	+0.31%
eurchfe	1.08235	1.08249	0.1	+0.51%
USDRUB	75.84280	76.14720	0.2	-0.31%
USDCNY	6.4739	6.4758	0.1	+0.02%

instrument	bid	ask	spread	percentage
#AA	18.67	18.70	0.1	+0.21%
#CSCO	45.53	45.55	0.1	+1.49%
#MCD	208.12	208.18	0.1	+2.34%
#MSFT	241.10	241.12	0.1	+2.50%
#APPLE	134.17	134.19	0.1	-1.50%
#FORD	10.89	10.91	0.1	+1.78%
#TESLA	833.62	833.88	0.1	-0.73%

account	profitability for the last 3 months	age
trade tanzania:4794816	675.38%	39 days
LO 2.0:4752263	233.66%	121 days
shadow2020:4809613	175.22%	48 days
aisha is'haqu mohammed:4428442	169.63%	793 days
blackrock:532377	163.96%	1442 days
alexander smirnov:4749218	162.7%	189 days
money maker:4810394	160.62%	46 days
rafalk:4461092	132.82%	770 days

- Grand capital ltd.
- Contacts
- Company news

- Trading
- CFD, futures contracts
- Metatrader 4

- Investment
- Managers' rating

- Analytics
- Economic calendar
- Analytic reviews

- Partnership
- Contests
- Agreements
- FAQ

- grandcapital ltd. 24598 IBC 2018 (suite 305, griffith corporate centre, P.O. Box 1510, beachmont, kingstown, st. Vincent and the grenadines)

- grand capital ltd. 036046 (suite 102 aarti chambers, mont fleuri, victoria, mahe, seychelles)

- this information is intended for investors outside of the united states who are not the US/japanese citizens and residents.

العربيّة

Deutsch

English

Español

فارسی

Français

Bahasa indonesia

Bahasa melayu

Polski

Português

Русский

ภาษาไทย

Українська

Tiếng việt

简体中文

Grand rounds secures $175 million investment, led by the carlyle group, to accelerate clinical navigation and virtual primary care

SAN FRANCISCO and NEW YORK – september 9, 2020 – grand rounds, a leader in healthcare quality and clinical navigation, announced today it has secured a $175 million round led by investment funds affiliated with global investment firm the carlyle group (NASDAQ: CG), and will use the funds to accelerate clinical navigation and virtual primary care.

The company, which covers six million lives across more than 130 large, self-insured employers, has undergone a period of rapid growth and improved member outcomes. In addition to launching several new virtual provider offerings to enable access to high-quality care amidst COVID-19, grand rounds has expanded its relationships with the nation’s most forward-thinking innovators in healthcare benefits such as the home depot, walmart, salesforce and travelers. Over the past year, the company has increased its covered lives by 55 percent.

“we are at a turning point in american healthcare, a moment when healthcare has become virtual-first and data can be used to dramatically improve outcomes. Since our founding, grand rounds has helped millions navigate their way through the complex U.S. Healthcare system, serving as the personal healthcare assistant to support whole-person care. This financing from a premier investment group with a long history of success in healthcare will deepen our ability to scale and provide the highest quality care and outcomes for our members,” said owen tripp, co-founder and chief executive officer of grand rounds.

“digital health has grown rapidly in recent years due to the significant disruption and innovation it brings to the healthcare industry. Healthcare navigation, in particular, is playing a pivotal role in addressing every facet of an individual’s healthcare journey, at scale, by increasing access to high-quality care while reducing overall costs. We are excited to support owen and his team at grand rounds, given their impressive track record of improving patient outcomes, as they build, grow and seek to improve the quality of healthcare for everyone, everywhere,” said robert schmidt, a principal specializing in healthcare at the carlyle group.

Grand rounds recently launched several new solutions to expand the ways it connects and develops long-term relationships with members, as well as handle any healthcare need in the virtual setting, be it clinical, financial or administrative. Urgent response, its 24/7 crisis response offering, was unveiled in april 2020 to support employees impacted by COVID-19 and employers navigating the challenges of workplace reopenings. Grand rounds also enhanced its premier navigation solution to include telemedicine, becoming the first in the market to go beyond “tele-urgent” care and to transform virtual care into a comprehensive and integrated experience with both clinical navigation and specialty care. For example, grand rounds’ telemedicine physicians can see member plan and coverage information and other relevant benefits to create personalized, effective and affordable care plans, ultimately reducing costs and improving outcomes.

Grand rounds has raised over $270 million to date, allowing the business to continue scaling its operations across the country. To learn more about how grand rounds has helped fortune 50 companies improve their employee’s access to the highest quality healthcare, visit https://grandrounds.Com/employers/why-choose-us/

The investment in grand rounds is a continuation of carlyle’s long-term global commitment to healthcare, in which it has invested more than $15 billion of equity since inception. Carlyle’s significant experience investing in high-growth healthcare businesses includes one medical, medrisk, albany molecular research, PPD, multiplan and rede D'or são luiz, amongst others.

Investment grade

What is investment grade?

An investment grade is a rating that signifies a municipal or corporate bond presents a relatively low risk of default. Bond rating firms like standard & poor’s and moody's use different designations, consisting of the upper- and lower-case letters "A" and "B," to identify a bond's credit quality rating.

"AAA" and "AA" (high credit quality) and "A" and "BBB" (medium credit quality) are considered investment grade. Credit ratings for bonds below these designations ("BB," "B," "CCC," etc.) are considered low credit quality, and are commonly referred to as "junk bonds."

Investment grade

Understanding investment grade

Credit ratings are extremely important because they convey the risk associated with buying a certain bond. An investment grade credit rating indicates a low risk of a credit default, making it an attractive investment vehicle—especially to conservative investors.

Investors should note that government bonds, also known as treasuries, are not subject to credit quality ratings, yet these securities are nevertheless considered to be of the very highest credit quality.

In the case of municipal and corporate bond funds, a fund company's literature, such as its fund prospectus and independent investment research reports, will report an "average credit quality" for the fund's portfolio as a whole.

[important: many institutional investors have instituted a rigid policy of limiting their bond investments solely to investment-grade issues.]

Investment grade credit rating details

Investment grade issuer credit ratings are those rated above BBB- or baa. The exact ratings depend on the credit rating agency. For standard & poor's, investment grade credit ratings include:

Companies with any credit rating in this category boast a high capacity to repay their loans; however, those awarded an AAA rating stand at the top of the heap and are deemed to have the highest capacity of all, to repay loans.

The next category down includes the following ratings:

Companies with these ratings are considered to be stable entities with robust capacities for repaying their financial commitments. However, such companies may encounter challenges during deteriorating economic conditions.

The bottom tier of investment grade credit ratings delivered by standard and poor's include:

Companies with these ratings are widely considered to be "speculative grade" and are even more vulnerable to changing economic conditions than the prior group. Nevertheless, these companies largely demonstrate the ability to meet their debt payment obligations.

According to moody's, investment grade bonds comprise the following credit ratings:

Baa1

Baa2

Baa3

The highest-rated aaa bonds possess the least credit risk of a company's potential failure to repay loans. By contrast, the mid-tier baa-rated companies may still have speculative elements, presenting high credit risk--especially those companies that paid debt with expected future cash flows, that failed to materialize as projected.

Key takeaways

An investment-grade rating signals that a corporate or municipal bond has a relatively low risk of default.

Different bond rating agencies have different rating symbols, to signify investment grade bonds.

Standard and poor's awards a "AAA" rating to companies it deems least likely to default.

Moody's awards an "aaa" rating to companies it considers to be the least likely to default.

Special considerations: credit downgrades

Investors should be aware that an agency downgrade of a company's bonds from 'BBB' to 'BB' reclassifies its debt from investment grade to "junk" status. Although this is merely a one-step drop in credit rating, the repercussions can be severe.

The drop to junk status telegraphs that a company may struggle to pay its debts. The downgraded status can make it even more difficult for companies to source financing options, causing a downward spiral, as costs of capital increase.

Grand-jean capital management

Grand-jean capital management – overview

Grand-jean capital management, inc. (the “firm”) provides equity portfolio management primarily to individuals. Founder and president steven grand-jean spent a 20-year career in investment banking with salomon brothers and montgomery securities, where he developed insights and management relationships across a wide variety of industries. The officers of the firm invest substantially all of their liquid assets in the same securities as their clients.

Year founded: 1990

Fee structure (payable quarterly):

$1 million to $5 million	1.25% annual fee on assets
$5 million to $10 million	1.00% annual fee on assets
over $10 million	0.75% annual fee on assets

Incentive fee: none

Liquidity: clients can request to terminate their investment advisory agreement and liquidate all positions with one business day’s notice.

Transparency: full transparency on positions held and trading activity.

Account structure: each account is managed individually, but accounts generally hold the same securities in more or less the same percentages.

Investment philosophy

We are domestic equity investors with a bias toward long-term investing. We seek superior returns without undue risk to capital. Our focus is on undervalued companies with strong management, strong free cash flow, and a shareholder orientation. Independent research, personal relationships with management teams and investment discipline have allowed us to generate superior investment results over the past decade.

Investment strategy: primarily U.S. Equities. Long only. No leverage or derivatives

Investment objective: long-term growth of capital and capital preservation.

Diversification: generally hold 15 to 25 stocks per portfolio with no more than a 5% concentration in any one security. These amounts may vary depending on the circumstances.

Research: independent research focused on bottom-up company analysis.

Our targeted investments are companies with the following attributes:

Operating in industries that we actively follow and believe we understand well; for the most part, industries that we have been involved with throughout our careers.

Sustainable, industry-leading market positions generating significant cash flow.

Restructurings, reorganizations or other turnaround situations where we know the management team, understand the industry, and feel the market is incorrectly pricing the opportunity.

Investment process

Once we have identified a promising company, we tend to follow the company’s progress for a time before investing, and then invest in stages. Before committing capital we put each of our potential investments through a thorough review process that includes analysis of the following:

Management

Valuation, both relative and absolute

Accounting practices

Economic, business and product cycles

Competitive position

Business model and projected financial performance

Trends in industry, subsector and comparable companies

Corporate governance

Services

Each client portfolio is managed separately. This allows us the flexibility to somewhat tailor each individual’s portfolio and to be as tax efficient as market conditions warrant. We have discretionary trading authority over accounts. Clients receive monthly brokerage statements and trade confirmations, as well as a quarterly performance review that we prepare. We also provide an unaudited realized gains and losses report at year end.

Management terms and conditions are set forth in our investment advisory agreement, a copy of which is available upon request.

People

INVESTMENT PROFESSIONALS

Steven grand-jean, president

Steven practiced corporate and securities law in chicago from 1967-69. He then joined salomon brothers as an associate in investment banking, becoming a general partner in 1979 and a managing director in 1981. He specialized in mergers and debt and equity capital raising. He left salomon brothers and joined montgomery securities in 1988 where he served as a general partner in charge of mergers and acquisitions. Steven has a BA from stanford university and an LLB from harvard law school.

Thomas lloyd-butler, senior vice president

Tom has 31 years of experience as a portfolio manager and research analyst in the investment business. He began his career as an equity analyst at morgan guaranty trust co., from 1982-1986 where he completed the bank’s management program. He joined montgomery securities in 1986 as a research analyst following technology and industrials. Subsequent to that, tom was a partner at gruber & mcbaine from 1992-2002, a $1.5 billion hedge fund where he was one of three portfolio managers. In 2002, tom started his own firm, TLB capital management, where he was a portfolio manager until 2010. Tom has a BA from the university of california at berkeley.

So, let's see, what was the most valuable thing of this article: grand investment you can review interesting calculators on my site. Videos get a quick overview of a financial topic or current market happening. Contact us please feel free to at grand investment