The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Nottingham Helps a New Fund Firm Focus Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, December 29, 2011

Nottingham Helps a New Fund Firm Focus

Reported by Neil Anderson, Managing Editor

A veteran Edward Jones and LPL advisor is about to launch his first mutual fund. In January Sentinel Capital Solutions will officially launch the Guardian Diversified Fund (SCSGX) [see prospectus].

Last July 8, Cort Meinelschmidt and Chelsea Miller started up Hagerstown, Maryland-based Sentinel Capital as a go-anywhere, separate account manager working with high-net-worth clients.

"This is our main advisory program, and we decided to put it into a mutual fund to offer it to those clients" who couldn't meet the $100,000 minimum for the separate accounts, Meinelschmidt told MFWire.com. He added that the fund's non-IRA minimum investment will be only $2,000.

"This -- third-party asset management -- is the area we want to grow," he explained.

Meinelschmidt, Sentinel's chief investment officer and PM for Guardian Diversified, confirmed that the new fund will be advisor-sold. Advisors can waive that load inside of advisory programs and IRAs. He expects to solidify access to three broker-dealer platforms soon.

To launch the fund, Sentinel turned to Rocky Mount, North Carolina-based Nottingham as a turnkey back-office provider.

"We're just managing the portfolio," Meinelschmidt said, praising Nottingham's breadth and quality of services. "We looked at a whole bunch of different fund-servicing companies."

The new fund is built on Sentinel's "proprietary formula" for changing allocations between equity and fixed income, with a concentrated approach (no more than 50 holdings at once) to the equity side.

"It's definitely a go-anywhere approach," Meinelschmidt said.

Meinelschmidt could see launching an ETF someday, but not in the near future.

"We definitely want to focus on this specific fund at this time," Meinelschmidt said. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use