Investment Pioneer Takes Over Capital Group

Timothy D Armour, chairman of Los Angeles-based Capital Group is a pioneer is a world of investing banking. Armour was elected as chairman of Capital Group after the demise of former Chairman James Rothenberg, who passed away in 2015 following a massive heart attack. Armour currently fulfills the duties of a principal executive officer and chief executive officer along with being the chairman of the company.

Capital Group currently serves clients all over the world. The total summation of the amount they help clients invest is around $1.25 trillion. Most of these investments are in the form of equity mutual funds. The company works on the notion of putting their customer’s needs before theirs and strives hard to give the best solutions to clients for their financial endeavors. Capital Group’s clientele ranges from individual clients to large financial institutions.

In 2015, Capitol Group, under the leadership of Timothy Armour formed a strategic partnership with Korea’s Asset Based division of Samsung. This partnership aimed at helping Samsung develop active investment strategies for investments related to industries and individual retailers.

Timothy has been working with Capital Group since the beginning of his career. An alumni of Middlebury College in Vermont, Timothy Armour attained a degree in Bachelors of Economics and soon after signed up for The Associates Program from which he got his first job at Capital. In his early days, Tim Armour worked as an investment analyst for Capital, helping numerous telecommunication companies in the United States. Working his way up the ranks, he was promoted to the position of equity investment manager and later, worked as an equity portfolio manager.

Janet Young, CFA of Capital Group, has attributed the company’s recent success to Armour. She believes that Timothy Armour’s incredible foresight and knowledge in the field of investments has helped the company immensely by understanding and fulfilling the long range of needs and demands of businesses and individual clients.

Armour is currently following a plan for the company’s development which was sealed right before the death of the previous chairman, Rothenberg. He believes in efficient utilization of resources and employee talents for the growth and development of the company. He also believes in establishing long lasting connections with his clients for sealing up the company’s good faith. Timothy stands by his commitment to hard work towards the company and continuing the eighty-four year long legacy of reliance and loyalty towards the advisors and investors they serve.

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