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Badgley, Phelps and Bell Expands Fixed Income Team, Appoints Cal Spranger as Fixed Income Trader.


Business Editors

SEATTLE--(BUSINESS WIRE)--Nov. 3, 2000

Badgley, Phelps Phelps may refer to:

In places in the US:
  • Phelps (village), New York
  • Phelps (town), New York
  • Phelps, Kentucky
  • Phelps (town), Wisconsin
Other:
  • USS Phelps (DD-360), a US Navy destroyer
People with the surname
 and Bell, Inc. (BP&B) today announced the appointment of Cal Spranger as fixed income trader on its fixed income team.

Spranger will be responsible for trading fixed income securities (bonds) for BP&B clients and further strengthening the company's ties to the bond market. Spranger came to BP&B from Dain Rauscher Corporation where he most recently held positions in fixed income sales.

"We are excited to have Cal as part of BP&B's fixed income team," stated Andrea Andrea

ghost returns to the Spanish court to learn of the events that followed his death. [Br. Drama: The Spanish Tragedy in Magill II, 990]

See : Ghost
 Durbin, portfolio manager and head of BP&B fixed income investments. "We are extremely confident that Cal's trading and sales expertise will strengthen the fixed income management team's ability to effectively and optimally manage the bonds within our clients' portfolios."

"BP&B is a well-known well-known
adj.
1. Widely known; familiar or famous: a well-known performer.

2. Fully known: well-known facts.
 local investment counsel firm in the Pacific Northwest," said Spranger. "This is a tremendous opportunity for me, and I'm glad to be part of such a savvy and well-established company."

Spranger has held securities positions with Dain Rauscher, Olde Discount and Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. . Spranger is a graduate of the University of Wisconsin Wisconsin, state, United States
Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee
. He resides in Seattle.

Founded in 1966, Badgley, Phelps and Bell (BP&B) is one of the oldest and most respected independent investment management firms in the Northwest. The employee-owned firm has offices in Seattle and Portland, and is known for its long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 investment success and commitment to building lasting relationships with clients. BP&B manages growth-oriented equity, fixed income, and balanced portfolios for both private and institutional clients. They also offer a family of no-load mutual funds No-load mutual fund

An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee.
. Rafferty Capital Markets, Inc., which is not affiliated with BP&B, is the distributor for the Badgley Funds. BP&B's dedicated team of experienced investment professionals currently manages over $1.5 billion in assets. More information is available on Badgley, Phelps and Bell and the Badgley Funds at www.badgley.com and www.badgleyfunds.com.
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Publication:Business Wire
Date:Nov 3, 2000
Words:320
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