ButcherJoseph Acquires Laffer Investments
Firm will change its name to LAFFER | TENGLER INVESTMENTS
Charlotte, North Carolina (November 1, 2019) — ButcherJoseph Financial Holdings, LLC, an affiliate of investment banking firm ButcherJoseph & Co., today announced the acquisition of Laffer Investments, Inc., an SEC Registered Investment Advisor (RIA) based in Nashville, Tennessee.
Laffer Investments, Inc., was founded in 1999 by Arthur B. Laffer, Ph.D., noted economist and recent Presidential Medal of Freedom recipient and his son, Arthur B. Laffer, Jr. The Laffer firm currently provides investment management advice to individuals and portfolio management services to institutions totaling almost $600 million and will be renamed LAFFER | TENGLER INVESTMENTS once all necessary filings are complete.
“Laffer Investments was a perfect fit to join the ButcherJoseph family of companies,” said Jon Curley CEO of ButcherJoseph Financial Holdings. “We are particularly excited to have Dr. Laffer joining us and agreeing to chair our advisory board.”
Nancy Tengler, respected investment commentator, portfolio manager and author, who will be Chief Investment Officer of the firm said, “The investment professional depth and the broad product mix of the Laffer firm will enhance our ability to provide clients with investment advice and solutions to help them grow and preserve their wealth. I’ve known and respected the Laffer firm for years, making this such a natural combination. I am thrilled and excited about the future for our firm.”
LAFFER | TENGLER INVESTMENTS will have six investment professionals with more than 200 combined years of investment industry experience among a total staff of 14. The firm will manage proprietary strategies covering a broad range of asset classes and styles from traditional US equities and fixed income to convertible securities and exchange traded fund models. Offices of the firm will be in Charlotte, Nashville and Phoenix.
“We are thrilled to partner with ButcherJoseph and Nancy Tengler,” said Arthur Laffer, Jr, President of Laffer Investments. “We are confident this combination will both benefit our existing clients and open doors to new opportunities for growth.”
Jon Curley will be CEO of the firm. Arthur B. Laffer, Jr. will remain with the firm as Chief Operating Officer and Portfolio Manager. Nancy Tengler will take over as Chief Investment Officer of the firm and as Portfolio Manager. Dr. Arthur B. Laffer will be Chairman of the Advisory Board and a strategic advisor to the firm.
About Laffer Investments
Laffer Investments, Inc. was started in 1999 by noted economist Arthur B. Laffer, Ph.D, and his son, Arthur B. Laffer, Jr., who was President of the firm. Based in Nashville, Laffer Investments is an independent SEC Registered Investment Advisor firm.