One of Peter Lynch's
former proteges just gained some ink in the Boston Globe
| Karen Firestone|
Aureus Asset Management
Chairman, Chief Executive Officer
The paper profiles Karen Firestone
, co-founder of Boston-based RIA Aureus Asset Management
. Aureus focuses on managing money for high net worth families and has $1.4 billion in AUM.
Firestone joined Fidelity
in 1983, as an assistant PM under Lynch. She rose to full PM in 1997 and took over the Fidelity Destiny I Fund
in 2000. She left Fido in 2005 and co-founded Aureus with David Scudder
, a former Wellington Management Company
The profile features "five things you should know about Karen Firestone." She shares her memories of the pain of the 2000-2001 bursting of the tech bubble.
The profile notes that Firestone's son, Mike Firestone, is tied to a pair of prominent Massachusetts Democrats. Mike Firestone worked on U.S. Senator Elizabeth Warren's
successful campaign and managed Maura Healey
successful run for Attorney General of Massachusetts.
Neil Anderson, Managing Editor
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