One River Centre
331 Newman Springs Road
Red Bank, New Jersey 07701
Google Maps
Contact
Main Phone: 800-772-5810
Web Site:
Click Here
Mutual Fund Brand(s)
WBI Investments
Research Links
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Background:
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CEO Don Schreiber founded Wealth Builders, Inc. in 1984, after he drew inspiration from a 1979 article about the first class of CFPs. In 2006 the company officially began operating under the WBI name. WBI is an absolute return shop specializing in risk-managed strategies. WBI started out in the SMA business. It launched its first mutual funds in 2010, followed by its first ETFs (all active) in 2014. 10 of WBI's 12 ETFs are designed to replicate its SMA models.
Schreiber tells MFWire that "buy-and-hold is a worthless theory" and worries that investors inevitably end up buying high and selling low. Instead of buy-and-hold, then, Schreiber and his firm focus on offering strategies designed for loss prevention. The idea, he says, is that if you minimize losses in bear markets and still make decent gains during bull markets, "then people don't need to bail and fail."
The firm also manages separate accounts for individuals, pension and profit sharing plans, charitable organizations, corporations, and other entities.
As of December 2013, the firm had more than $2.4 billion in assets under management.
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Sponsored Opportunities
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Key People:
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Don Schreiber
CEO, Founder / Chief Visionary Officer, WBI Investments / WBI Technologies | Matt Schreiber
President, Chief Investment Strategist / CEO, WBI Investments / WBI Technologies |
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