News Archive
September 01, 2010
Joe Gordon and Todd Misenheimer Recent Press Quotes
CNBC.com 8/5/2010
Managing partner of Gordon Asset Management Joe Gordon explains the importance of job creation in supporting the overall market recovery. Without an increase in employment numbers, “you can’t get consumer confidence up and spending up.” says Gordon. He cautions that a continued downward trend in employment numbers will cause investors to remain cautious in the markets, therefore, further stunting recovery.
Kiplinger 8/5/2010
Joe Gordon, Gordon Asset Management managing partner, speaks with reporter Stephen Bernard about market reaction to economic indicator reports. Gordon emphasizes the importance of job creation in strengthening investor confidence in the market and notes that without an improvement in employment numbers, investors will remain very cautious.
MSN Money 8/5/2010
Gordon Asset Management managing partner Joe Gordon shares his insight with MSN Money readers regarding the correlation between economic indicators and investor perception of the economic recovery. To highlight the relationship, Gordon says, “Without job creation, you can’t get consumer confidence up and spending up.” He emphasizes how improved employment numbers will help ease consumer uncertainty.
Forbes 8/5/2010
Reporter Stephen Bernard consults Joe Gordon, managing partner of Gordon Asset Management, regarding the economy’s emphasis on employment numbers signaling recovery. Gordon notes people are very cautious as they navigate the current market environment and emphasizes consumer confidence and spending are hinged on job recovery.
Business Week 8/5/2010
Managing partner of Gordon Asset Management Joe Gordon addresses concerns with various economic indicators and conditions as the market struggles to recover. Gordon emphasizes the importance of job creation, which, he predicts, will contribute to a rise in consumer confidence and consumer spending. However, he notes until more jobs are secured, investors will remain cautious.
September 01, 2010
Joe Gordon and Todd Misenheimer Press Quotes
Fiduciary News 8/12/2010
Fiduciary News reporter Chris Carosa consults Gordon Asset Management managing partner Joe Gordon for his perspective on the Securities and Exchange Commission’s 12b-1 fee debate. Gordon notes the fees have “outlived [their] usefulness.” He asserts it is unnecessary for fund companies to charge 12b-1 fees, and if the fees were indeed disclosed, investors would be more cautious of purchasing mutual funds.
TheStreet.com 8/5/2010
Reporter Stephen Bernard cites Joe Gordon, managing partner of Gordon Asset Management, in his article discussing market trends. Gordon comments on certain economic aspects that are hindering market recovery and consumer confidence. He notes investors are wary of engaging in market activity and emphasizes the vital role of job creation in amending investors’ current cautious behavior.
Associated Press 8/5/2010
Gordon Asset Management’s managing partner Joe Gordon discusses the overall market recovery with Associated Press reporter Stephen Bernard. Noting the steady focus on employment numbers, Gordon comments, “Without job creation, you can’t get consumer confidence up and spending up.” He goes on to emphasize consumer and investor caution as they move forward.
Employee Benefit News 8/1/2010
Joe Gordon, managing partner of Gordon Asset Management is cited in Andrea Davis’ Employee Benefit News article detailing the impact of potential legislative reforms restricting the use of swaps. Gordon discusses swaps, clearly defining them and outlining their use in financial planning. He explains, “A swap is a contract between two parties, a buyer and a seller, where the buyer pays a series of payments—generally quarterly—to the seller in exchange for a payoff if the property they’re buying, generally a bond or a loan, goes into default.”
August 13, 2010
Joe Gordon and Todd Misenheimer Press Quotes
Fiduciary News 8/12/2010
Fiduciary News reporter Chris Carosa consults Gordon Asset Management managing partner Joe Gordon for his perspective on the Securities and Exchange Commission’s 12b-1 fee debate. Gordon notes the fees have “outlived [their] usefulness.” He asserts it is unnecessary for fund companies to charge 12b-1 fees, and if the fees were indeed disclosed, investors would be more cautious of purchasing mutual funds.
TheStreet.com 8/5/2010
Reporter Stephen Bernard cites Joe Gordon, managing partner of Gordon Asset Management, in his article discussing market trends. Gordon comments on certain economic aspects that are hindering market recovery and consumer confidence. He notes investors are wary of engaging in market activity and emphasizes the vital role of job creation in amending investors’ current cautious behavior.
Associated Press 8/5/2010
Gordon Asset Management’s managing partner Joe Gordon discusses the overall market recovery with Associated Press reporter Stephen Bernard. Noting the steady focus on employment numbers, Gordon comments, “Without job creation, you can’t get consumer confidence up and spending up.” He goes on to emphasize consumer and investor caution as they move forward.
Employee Benefit News 8/1/2010
Joe Gordon, managing partner of Gordon Asset Management is cited in Andrea Davis’ Employee Benefit News article detailing the impact of potential legislative reforms restricting the use of swaps. Gordon discusses swaps, clearly defining them and outlining their use in financial planning. He explains, “A swap is a contract between two parties, a buyer and a seller, where the buyer pays a series of payments—generally quarterly—to the seller in exchange for a payoff if the property they’re buying, generally a bond or a loan, goes into default.”
Pittsburgh Tribune-Review 7/26/2010
Joe Gordon, managing partner of Gordon Asset Management, offers Tribune-Review readers his investment insight and advises them on the most secure ways to invest in the current market. Gordon notes investors’ reluctance to risk entering the market and provides solutions by suggesting promising sectors. He recommends dividend-paying stocks, specifically investing in companies people continue to use even during economic downturn.
Detroit Free Press
7/22/2010
David Ranii for the Detroit Free Press features Gordon Asset Management managing partner Joe Gordon’s thoughts on managing money in the current economic climate. He advises investors to look towards sectors that continue to perform well even during economic downturn. To explicate his point, Gordon cites necessities, such as shampoo, and utilities as potential investment areas.
July 29, 2010
Joe Gordon and Todd Misenheimer Quoted in the Press
Miami Herald 7/19/2010
Joe Gordon of Gordon Asset Management shares his investment knowledge with Miami Herald readers. Gordon discusses pre-retirees who planned on having their savings mature to a certain point and are unsure how to manage their diminished nest egg in the existing market environment. He suggests investment options to keep investor portfolios safe amid market uncertainty.
The Olympian 7/19/2010
Gordon Asset Management’s Joe Gordon offers his financial expertise to David Ranii for The Olympian. Gordon addresses renewed concerns regarding investing in the volatile market and advises, “If you don’t want to take the risk of the market, you have to look at other things.” Gordon recommends annuities for investors aiming to minimize risk.
News & Observer
7/11/2010
The news & Observer’s David Ranii features the investment expertise of local wealth advisor, Joe Gordon, co-founder of Gordon Asset Management. Gordon recommends stocks that pay dividends, arguing, “What is wrong with taking 25 percent of your portfolio and putting it in a bunch of things that you know people are not going to quit? They’re not going to quit buying soap and razor blades and shampoo… They’re not going to quit drinking Coke.” Along this same argument, Gordon suggests utility stocks, which will continue to be profitable regardless of economic conditions.
Wall Street Journal
7/7/2010
Joe Gordon, managing partner of Gordon Asset Management, is featured in The Wall Street Journal Online’s “Financial Adviser” blog. Gordon offers commentary on what he considers to be the nation’s looming retirement crisis and outlines one of his proposed solutions for the current, dire situation. “From my experience, probably 90% of Baby Boomers have under-saved for retirement,” he explains. Gordon proposes that the government provide incentives for employers who help their employees save for retirement. “In effect, the government would be telling the employer, ‘If you’ll encourage your employee to save, we’ll give you a tax credit and basically subsidize the behavior.’” By providing specific examples, Gordon shows how his plan could be implemented simply and effectively and the benefits for employers and employees alike.
Fund Action 6/21/2010
Jean Heinz of Fund Action spotlights the expertise of Joe Gordon, managing partner of Gordon Asset Management. Gordon comments on the retirement industry and the new role annuities are playing in retirement planning. “When you have first-generation products, firms have to get the logistics and technology down so that a record keeper can provide an annuity as well as any mutual fund,” he says.
Yahoo! Finance 6/3/2010
Todd Misenheimer, partner of Gordon Asset Management, discusses the market with Tracy Byrnes and Chris Cotter of FOX Business.com LIVE, during a segment highlighted on the Yahoo! Finance website. Misenheimer offers his insights on the government’s role in the economy, his attitude toward current stock prices, and what he looks for when evaluating a potential investment. Misenheimer also comments on several headwinds that are currently impacting the market. “We don’t think it’s time to be a hero right now,” he cautions.
FOX Business.com LIVE
6/3/2010
Tracy Byrnes and Chris Cotter of FOX Business.com LIVE speak with Todd Misenheimer, partner of Gordon Asset Management, about the current market and his long-term investment outlook. Misenheimer shares his cautious strategy for navigating an economy plagued by issues such as unemployment, market volatility, government debt, and the lasting effects of the European debt crisis. However, Misenheimer remains optimistic that these problems can be overcome with the right approach. “We think taxes have to go up and so we just have to prepare for it and there are vehicles you can use to prepare,” says Misenheimer.
MSN Money 6/2/2010
Diana Ransom for MSN Money writes about ETFs and 401(k) plans, citing the advice of Joe Gordon, managing partner of Gordon Asset Management. Gordon weighs the benefits and risks of using ETFs as an alternative to mutual funds in your 401(k). Gordon provides evidence arguing that ETFs are an inexpensive way to track the market and later offers tips on how to employ ETFs to access more asset classes than one could normally afford.
CNBC.com
5/28/2010
JeeYeon Park cites the expertise of Joe Gordon, managing partner of Gordon Asset Management, in a CNBC.com “Stock Blog” article. Gordon offers stock commentary, explaining the strategy behind his investment decisions. He expresses confidence in companies that are investing in emerging markets and making hard-asset plays. “They doubled their dividend in the last five years and they were on the winning team,” Gordon says about one of his top stock picks.
CNBC “Squawk on the Street”
5/28/2010
Joe Gordon, managing partner of Gordon Asset Management, shares his top stock picks with Mark Haines and Melissa Lee of CNBC “Squawk on the Street.” Gordon looks to companies with dividend-paying stocks. “Most of our clients own their own businesses or they’re in retirement so they don’t want risk,” he explains.
SmartMoney
5/11/2010
Diana Ransom of Smart Money consults Joe Gordon, managing partner of Gordon Asset Management, on whether investors should employ ETFs to build a nest egg. Gordon comments on the advantages of ETFs. He explains that they are a more affordable way to track the market and that these funds create opportunities to hedge. “We look at ETFs as a means of filling holes that you have with active managers and gaining exposure to certain asset classes, inexpensively,” Gordon says.
FOX Business 4/16/2010
Liz Claman and David Asman of FOX Business feature the investment expertise of Gordon Asset Management managing partner Joe Gordon. Gordon offers a cautiously optimistic market outlook, citing concerns about unemployment, possible tax increases, and government debt. He also offers his top stock picks that are expected to withstand these market headwinds.
CNBC “Squawk on the Street”
3/22/2010
Mark Haines and Erin Burnett of CNBC “Squawk on the Street” spotlight the market commentary of Todd Misenheimer, partner of Gordon Asset Management. Misenheimer believes that investors should be careful in the current market, despite the Dow’s upward turn. He says, “Heading into earnings season, I think there’s reason for us to pare back a little bit before we go higher.” Later, Misenheimer expresses a bullish outlook on select global companies, offering some of his top stock picks.
SmartMoney
3/19/2010
Joe Gordon, managing partner of Gordon Asset Management, shares investment strategies for regaining lost retirement savings with Smart Money’s Diana Ransom. Gordon provides specific advice on how to rebuild a retirement portfolio, offering a balanced approach for those trying to survive market volatility and attractive stock picks for those looking to grow their savings.
Fund Action 3/15/2010
Fund Action’s Jean Heinz interviews Joe Gordon, managing partner of Gordon Asset Management, for the “Advisor Forum” column. Gordon discusses the challenge of making decisions based on the past performance of investments in a mutual fund. “Past performance is not indicative of future results,” Gordon asserts. However, he explains, it can tip you off to how smooth or volatile an investment may be.
401kWire.com 3/11/2010
Armie Lee of 401kwire.com features the innovative ideas of Joe Gordon, managing partner of Gordon Asset Management, in her article on retirement solutions. Gordon reviews his Grassroots Campaign to foster positive change in the retirement arena, including his “4 percent solution” to reform ineffective government policies related to retirement savings.
CNBC “Squawk on the Street”
3/11/2010
Erin Burnett of CNBC “Squawk on the Street” highlights the expertise of Joe Gordon, managing partner of Gordon Asset Management. Gordon comments on legislation passed by the Senate that allows investors to convert a 401(k) to a Roth IRA. Gordon says the new legislation is “a great thing because a lot of people’s wealth is locked in 401(k)s and they can’t convert because they can’t get their money out to a Roth IRA.”
Bankrate.com
3/10/2010
Sheyna Steiner of Bankrate.com seeks out the expert opinions of Joe Gordon, managing partner of Gordon Asset Management. Gordon discusses options for withdrawal from IRA or 401(k) accounts without being subjected to costly penalties. He notes that if the government places a levy against an investor’s IRA account, the investor is able to withdrawal money penalty-free.
CNBC.com
2/26/2010
JeeYeon Park of the CNBC.com Stock Blog cites Joe Gordon, managing partner of Gordon Asset Management. He weighs in on dividend growth stocks and offers several of his top picks, such as Coca-Cola. “We think it’s a steady dividend grower, and it’s a good inflation hedge long-term,” advises Gordon.
CNBC “Squawk on the Street”
2/26/2010
Mark Haines and Erin Burnett of CNBC Squawk on the Street feature the expertise of Joe Gordon, managing partner of Gordon Asset Management. Gordon offers his top stock picks for investors heading into the weekend, live on the “Friday Trade” segment. Gordon suggests signs of promise in commercial real estate, citing the sector’s strategic investment opportunities.
Fidelity.com
1/13/2010
The investment insights of Joe Gordon, managing partner of Gordon Asset Management, are cited in Ryan Vlastelica’s article on Fidelity.com. Gordon comments on stocks that show promise in the current uncertain environment. Gordon mentions Kraft Foods, and suggests the company’s upcoming earnings season outlook is promising. He also notes Kraft’s promising outlook coincides with investor concerns of revenue growth for the quarter.
Reuters
1/13/2010
Ryan Vlastelica of Reuters consults Joe Gordon, managing partner of Gordon Asset Management, to discuss current market trends. Gordon offers his market outlook and specific stock picks, such as Kraft Foods. Commenting on Kraft’s promising outlook, Gordon states: “It shows that they’re going to make a lot of money, and … people are concerned about whether companies will grow revenue in the quarter.”
Winston-Salem Journal
1/7/2010
The expertise of Joe Gordon, managing partner of Gordon Asset Management is sought out by Richard Craver of The Winston-Salem Journal. Gordon offers advice to BB&T as the bank transitions into new leadership. Gordon recommends the new board select members eager to express independent voices and implement lessons learned from failed financial-services companies.
CNBC “Squawk on the Street”
12/24/2009
Scott Wapner and Simon Hobbs of CNBC consult Joe Gordon, managing partner of Gordon Asset Management, live on “Squawk on the Street.” Gordon offers market commentary and discusses the firm’s investment strategy heading into the holidays and New Year. Gordon notes his long-term market outlook is positive, citing businesses’ strong balance sheets.
Forbes
12/23/2009
Forbes’ Alexandria Zendrian consults Todd Misenheimer, partner of Gordon Asset Management, on holiday sales figures. Misenheimer anticipates consumers will continue to desire discounted goods into the New Year. He also offers three top stock picks for prospective investors.
Winston-Salem Journal
12/17/2009
Richard Craver of the Winston-Salem Journal speaks with Joe Gordon, managing partner of Gordon Asset Management. Gordon comments on BB&T Corp. naming its chief executive Kelly King as chairman. Gordon predicts King will rise as one of the top CEOs in banking over the next five years. Regarding King’s new position as chairman, Gordon says, “As chairman, there is more pressure on him to forget the past and adopt more stock-oriented compensation schemes.”
Yahoo! News 12/4/2009
Chuck Mikolajczak of Reuters cites the investment strategy of Gordon Asset Management’s managing partner, Joe Gordon, in his article on stock futures. Gordon weighs in on the markets and notes the potential impact of payroll numbers on market trends. He predicts a sudden variation in payroll numbers could influence policy leaders.
Reuters
12/4/2010
Chuck Mikolajczak of Reuters features the market expertise of Joe Gordon, managing partner at Gordon Asset Management. Gordon comments on stock futures in light of job report data for the month of November. “If it came in as a major, major bad number that would almost be a good thing because it would be a cold slap in the face to the policy leaders that maybe we aren’t doing the right thing here,” he asserts.
CNBC “Power Lunch”
11/20/2009
Bill Griffeth and Dennis Kneale of CNBC “Power Lunch” call upon the financial planning expertise of Gordon Asset Management managing partner Joe Gordon. He advises investors how to manage their investments in a weakened economy. Gordon also weighs in on the current range-bound market and offers predictions on market direction through the end of the calendar year.
December 10, 2009
Joe Gordon’s Appearance on CNBC November 20, 2009
November 10, 2009
SEC Disclosure Form ADV-II
Regulatory Disclosure Document for Registered Advisors.
February 26, 2009
Webinar: The Current Stock Market Environment and What to Do About It
Gordon Asset Management, LLC posts new webinar by Mr. Joseph Gordon discussing the current economic conditions as of February 26, 2009. This presentation gives an overall look at the market historically and how it compares to today’s marketplace while offering invaluable and balanced commentary. A must download for all current clients and those looking for better answers to tough questions.
Please click on this link to download this Windows Media Format movie presentation. Length: 57 minutes, 37 seconds. 50.02 MB file size.
September 27, 2008
Joseph Gordon Comments On Wachovia Meltdown
“BB&T is benefiting from having stuck to its knitting and not going after the risky mortgage loans,” said Joseph Gordon, of Gordon Asset Management LLC, an investment-advisory company in Durham. “It is in a good position to take market share from banks that are losing the confidence of their customers.”
September 24, 2008
Gordon Asset Management, LLC Obtains The Elite "CEFEX" Certificate From The Centre For Fiduciary Excellence
The Centre for Fiduciary Excellence (CEFEX) has conducted a fiduciary assessment of Gordon Asset Management, LLC (the “Advisor”) to determine whether Advisor’s practices in providing investment advice to clients conform generally to the fiduciary standards of excellence (referred to as the Fiduciary Practices) as defined by the Prudent Practices for Investment Advisors (U.S. Edition) handbook.
September 16, 2008
Triangle Pension Consultant and Wealth Management Firm Partner Recognized as a Regional Mover & Shaker
Durham, North Carolina – Gordon Asset Management, LLC announced today that David Todd Misenheimer (“Todd”) has been recognized by Business Leader Magazine as one of the Triangles top Movers & Shakers.
