MIAMI – (COMMERCIAL THREAD) –Potomac Fund Management, Inc. (“Potomac”), a boutique investment strategist, has hired a new research analyst – Drew Wells, CMT, CIMA – to strengthen its research program as the firm plans to unveil a new research offering for financial advisers in the first quarter of 2022.
Mr. Wells joins Potomac’s research division, which is headed by Dan Russo, CMT, Portfolio Manager, which publishes free technical analysis research on a daily basis.
âDrew is focused on removing the clutter of market analysis and turning market insight into actionable insight, making him a great choice for our team,â said Potomac. Chairman and CEO Manish Khatta. âWe have received phenomenal feedback on technical analysis from Dan and are delighted to add Drew’s perspective. ”
Prior to joining Potomac, Mr. Wells was an investment portfolio manager at City National Bank Trust & Wealth Management as well as a financial advisor at Merrill Lynch.
Potomac has grown its assets by over 330% over the past 18 months and now stands at over $ 600 million in AUM / AUA. The company shows no signs of slowing down and added eight new members to its team in 2021, for a total of 15 employees in 11 states.
Hiring of Mr Wells comes a month after Potomac launched its new virtual community Preview by Potomac, an intuitive software-driven digital destination for its financial advisors that centralizes their vital tools, content and client communications while providing quick access to its resource database and executive level support from the ‘Potomac team.
For more information on Potomac’s research, visit Search by Potomac (potomacfund.com)
About Potomac Fund Management
Based in Miami, Florida, Potomac Fund Management (âPotomacâ) is an investment strategist specializing in financial advisors. With strategies available on many platforms including Envestnet, SMARTX, and the UMA Union Platform, Potomac supports advisors with the resources best suited to their individual businesses. Each avenue is built on Potomac’s core belief that financial success is more than a number twenty years from now; it’s about feeling confident when you get there.