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Barry P. O'Neil joins Palley-Needelman Asset Management Inc. as Senior Vice President and National Sales Manager.


NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--Oct. 28, 1998--Barry P. O'Neil has joined Palley-Needelman Asset Management Inc. of Newport Beach as senior vice president and national sales manager sales manager ngerente m/f de ventas

sales manager ndirecteur commercial

sales manager sale n
.

All of Palley-Needelman's sales and marketing functions will be consolidated under the direction of the new senior vice president, who will be responsible for the development of long-range programs to market the firm's existing domestic and international products.

Prior to joining Palley-Needelman, O'Neil was a managing partner at Brandes Investment Partners Brandes Investment Partners is an investment advisory firm, managing assets for institutional and private clients worldwide. It was founded by Charles Brandes in 1974. Brandes Investment Partners currently (as of 2006) manages $105 billion in investments.  L.P., where he was responsible for National Sales and Marketing from 1991 to September of 1998, during which time the firm grew from $120 million to $22 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . His 25 years' investment experience has included positions as vice president within the Consulting Division of Dean Witter Reynolds Dean Witter Reynolds was an American stock brokerage catering to the middle class. In 1997, it merged with the Morgan Stanley Group to form Morgan Stanley Dean Witter. The amalgamated firm is now known as Morgan Stanley.  Inc.; vice president of the Trust Department of a major California bank; and vice president and director of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 at Sutro & Company.

O'Neil holds an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Golden Gate University and a BA in business administration from Gonzaga University. He resides in Newport Beach.

"Barry O'Neil is a widely-known, respected industry specialist," said Chet Needelman, chief executive officer of Palley-Needelman Asset Management. "We are pleased that he has joined Palley-Needelman, and feel he will play a significant role in the ongoing growth and National scope of the firm."

Since the beginning of the year, Palley-Needelman has expanded their Newport Beach offices, added four security analysts, and enlarged their sales force. Founded in 1985, the firm has 60 employees and is ranked one of the Top 300 money management firms in the nation.

Palley-Needelman Asset Management (www.pnam.com) is Orange County, Calif.'s largest independent investment advisory firm, with more than $4 billion in assets under management. Clients include corporate and public retirement plans, endowments and foundations, and jointly-trusteed funds, as well as family and individual trusts. They also manage investment programs for regional and national brokerage firms and act as subadvisor for several well-respected mutual funds.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1U9CA
Date:Oct 28, 1998
Words:328
Previous Article:Midisoft Corporation Reports Q3 1998 Results; Operating Loss Reduced 21% from Third Quarter 1997; Sales Increase 50% over Previous Quarter.
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