Brent M. Wilsey is a highly regarded registered investment advisor and a seasoned financial strategist with over 25 years experience in the field. Wilsey currently owns and operates San Diego-based Wilsey Asset Management through which he offers day-to-day investment guidance to both individual investors and corporations. All of Wilsey’s client relationships are grounded in an exemplary service philosophy. Wilsey has also served as an Accountant for Foodmaker, Inc., a Registered Representative for the Principle Financial Group, and as an Investment Director for Pamco Securities in the mid-80’s. In the latter role, Wilsey was among the first in Southern California to provide investment services within a banking environment, having invested and managed an average of nearly $45 million for Great American First Savings Bank. He worked in this capacity until opening his own LPL branch office in 1992. Wilsey’s industry expertise and credibility has made him a sought after expert source, having served as a guest commentator on numerous broadcast television and radio talk shows including a frequent guest on CNBC and called upon from such names as Barron’s, Business Week and Forbes for Brent’s input on columns. Currently, Wilsey hosts AM760 KFMB’s weekly Smart Investing show, providing listeners with fundamental analysis on stocks and mutual funds, along with other investment tips. In addition to his radio duties, Wilsey pens a weekly article for the San Diego Daily Transcript that focuses on the fundamentals of investing.
An accounting graduate of National University, Wilsey received his MBA degree from the same institution in 1986. His various licenses and designations include a Life and Health Insurance License, and Series 7 NASD Registered Representative and Series 24 NASD Registered Principal designations (Licenses held with LPL). For two year, Wilsey has earned the Five Star Wealth Manager Award. In 2010 he was names Top Influential in Business in San Diego. He currently resides in Poway, California with his wife and their four children.
Many people think the way to make a lot of money in the stock market is to find the next Apple and have it grow 2,000 percent over the next few years.
Well, here we are in Thanksgiving week and there are only five weeks left of 2013.
The recent talk about stocks is shifting language, discussing bubbles and crashes.
Fees, fees and more fees. What are you really paying your financial adviser? F. Scott Fitzgerald once observed that the rich are different from the average person. While that may be true in some areas, it is the opposite when looking at the financial world. The rich tend to get soaked on Wall Street and in brokerage houses.
When it comes to the federal government, there isn’t always a lot of good news. So when some good news comes out, I think we need to applaud it.
Last week was a good week in my clients' portfolios. We had some companies report earnings and most beat the estimates, and stocks experienced nice gains.
Well, we made it through the government shutdown and the debt-ceiling crisis, but I don’t think this is the end. This talk will come back again in the beginning of 2014. For now we can move on and look at company earnings as they are released and what is going on in the business world.
Wall Street is known for always trying to come up with a solution to make investors feel comfortable. I’ve always thought it was better to educate investors on what can and will happen so that when your portfolio is down 10 or 15 percent, you don’t panic and sell.
The government shutdown has been in the news a lot, one party blaming the other party for this, the other party blaming that party for that. One thing I do know is that the American population is getting older, the cost of Medicare is going up and more people are collecting Medicare and Social Security.
Each week, it takes me longer and longer to find companies to invest in that are priced at a good value.
Last Wednesday, many on Wall Street were surprised -- including myself on Treena Street in San Diego -- by the nonaction of the Federal Reserve after months of tapering talk.
Well, the stock market goes down, then back up again. That’s normal.