David Lenoir Achieves CIMC Certification.Business Editors MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--Jan. 29, 2003 Lenoir/Ross Consulting Group is pleased to announce that Senior Vice President David C. Lenoir has achieved the designation of Certified Investment Management Consultant (CIMC CIMC Certified Investment Management Consultant (Institute for Investment Management Consultants) CIMC California Indian Manpower Consortium CIMC Club Internaute Montreal Cafe (Montreal, Quebec, Canada) ) from the Investment Management Consultants Association (IMCA) in Denver. By qualifying as a CIMC, Lenoir becomes one of an elite group of investment management consultants nationwide who have demonstrated their expertise by passing comprehensive examinations administered by the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). . For certification, Lenoir was tested on modern portfolio theory Modern portfolio theory Principals underlying the analysis and evaluation of rational portfolio choices based on risk return trade-offs and efficient diversification. modern portfolio theory See portfolio theory. , development of investment policies, asset allocation, due diligence and performance monitoring. Lenoir was previously president of First Mercantile Capital Management, a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in . At First Mercantile, he was a member of the First Mercantile Trust Company board of directors and its investment advisory committee. A three-year letterman in football at the University of Alabama The University of Alabama (also known as Alabama, UA or colloquially as 'Bama) is a public coeducational university located in Tuscaloosa, Alabama, USA. Founded in 1831, UA is the flagship campus of the University of Alabama System. , he received his B.S. in accounting from the University of Alabama in 1990. A certified investment management consultant (CIMC), Lenoir is a member of the Profit Sharing/401(k) Council, a member of the Investment Management Consultants Association, a member of the Memphis Touchdown Club, and a director for Theatre Memphis. He is a past member of the board of directors of the Memphis Cancer Center Foundation The Lenoir/Ross Consulting Group was formed in the fall of 2002 when David C. Lenoir and Jack G. Ross joined Wachovia Securities. Based in Memphis, Lenoir/Ross is affiliated with Wachovia Securities, a non-bank affiliate of Wachovia Corporation, a full-services financial services firm listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Wachovia Securities is the nation's fifth largest brokerage organization, with 400 locations and $275 billion in client assets. Lenoir/Ross offers the full complement of financial products and services to individuals, institutions and businesses. These include financial planning, asset allocation, retirement plans, insurance and annuities, and all equity and fixed-income products. Lenoir/Ross manages over $100 million in client assets, and is located in the Crescent Center office building in the heart of east Memphis. A photograph of Mr. Lenoir is available. Please e-mail Mimi Hall at mimihall@aol.com. |
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