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MFWire: W E Donoghue & Co Inc
MUTUAL FUND FAMILY PROFILES [BETA]
To Update this information contact Editors@InvestmentWires.com or call Armie Lee at 212-331-8995 x111.

W E Donoghue & Co Inc
629 Washington Street
Norwood, MA  02062
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Contact
Main Phone: 800-642-4276
Web Site: http://www.powermutualfunds.com/

Mutual Fund Brand(s)
W E Donoghue & Co Inc

Research Links


Background:
Bill Donoghue, a journalist focused on the money market mutual fund business, founded W E Donoghue & Co (WEDCO) in 1986. The firm specializes in what it pitches as "defensive tactical asset management.

WEDCO offers the Power family of mutual funds. Though the firm started out with a direct-to-retail distribution focus, they now focus on selling through advisors, especially those affiliated with independent broker-dealers or RIAs.

In 2016 Donoghue sold his 60-percent stake in Norwood, Massachusetts-based WEDCO to David Minella's new private equity shop, Naples, FloridaMinella Capital Management. Six members of WEDCO's own management team now own stakes in the fund firm.
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Key People:
Jeff Thompson
President, PM, W.E. Donoghue & Co.
David Minella
Managing Member, Minella Capital Management
Curt Meyer
Managing Director, National Sales Manager, W.E. Donoghue & Co
Rick Molari
Chief Operating Officer, W.E. Donoghue & Co
William Dowler
Chief Compliance Officer, W.E. Donoghue & Co
Story Archive for W E Donoghue & Co Inc
Published On Story Headline Publication
2/17/2017 The New Fund Fuss - February 17, 2017 MFWire.com
2/14/2017 The Original Money Fund Guru Dies MFWire.com
11/10/2016 Filings for Fundsters - November 10, 2016 MFWire.com
8/5/2016 This New PE Shop's Fund Firm Deal Is Just the Beginning MFWire.com
8/2/2016 PE Acquires as a Founding Fundster Retires MFWire.com
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