QUANTICO^® ASSET MANAGEMENT OF WELLS FARGO ADVISORS HISTORY 

Quantico Asset Management of Wells Fargo Advisors was founded in 1996 by Lawrence Borger, CFA, a captain and aviator in the Marine Corps. Lawrence believed that the principles instilled in him as a Marine - Honor, Courage, Discipline and Commitment -- coupled with rigorous financial analysis -- would serve as the foundation and philosophy for managing money for institutions, individuals, and families. Our portfolio management discipline and style is inspired and motivated by Warren Buffett’s approach to Value Investing. At Quantico Asset Management of Wells Fargo Advisors, we consider ourselves disciples of Warren Buffett and Charlie Munger.

 Lawrence began managing the Large Capitalization Strategy in 1996 while with Prudential Securities, a predecessor firm.  In 2004, Wachovia Securities and Prudential Securities merged and Quantico Asset Management of Wells Fargo Advisors became an investment team under Wachovia Securities. In 2009, Wells Fargo Advisors and Wachovia Securities merged and Quantico Asset Management of Wells Fargo Advisors remained as an investment team under Wells Fargo Advisors. It continues to operate its investment strategies autonomously but with back office support from Wells Fargo Advisors. Quantico Asset Management of Wells Fargo Advisors also incepted a Mid-Capitalization strategy in 2008. All investment and client services are conducted in one office with seven employees in Berwyn, Pennsylvania.

Today, the team of professionals at Quantico Asset Management of Wells Fargo Advisors have over 50 years of collective investment experience.  The team includes three members who hold the Chartered Financial Analyst (CFA®) designation.  

The Quantico Asset Management of Wells Fargo Advisors investment team is comprised of five individuals: Lawrence Borger, CFA®(Managing Director- Investments, Founder), Robert Immendorf, CFA® (Vice President - Investments), Sandra Simpson, CFA® (Client Associate), Thomas Ferguson, and Peter Borger. Together, they have over 50 years of investment experience. Lawrence is the original PIM (Private Investment Management) portfolio manager for both strategies; Robert is also a PIM Portfolio Manager. While Lawrence, Robert, Sandra, Thomas, and Peter comprise the investment committee and discuss buy and sell decisions, Lawrence is responsible for all final investment decisions. In addition to his research and investment responsibilities, Robert develops and maintains Quantico Asset Management of Wells Fargo Advisors’ strategies and internal processes that screen and value current and potential equity investments for the Large and Mid Cap Strategies. Sandra focuses on the qualitative research and fundamental analysis of current and prospective companies in both portfolios. Thomas and Peter are responsible for examining prospective companies and providing their research to the rest of the team. Together, Lawrence, Robert, Sandra, Thomas, and Peter work to help achieve all client needs and portfolio success. The team’s compensation aligns the portfolio’s performance goals with the interest of their clients. Additionally, the team has invested considerable personal assets into both strategies.