Wayne Strout

01/20/2011

We have completed our relocation to our new office address-

39 E Forrest Ave., Suite 204, Shrewsbury, PA  17361. Office is on the ground floor if entering from the front; it is on the second floor if entering from the side or rear.

01/19/2011

717-814-9501 is a number that can be programmed to ring wherever we (Wayne and Carol) are located. It is a local call from York, PA. In other words, it will ring us at the office and at home, including our cell phone if we program it to do so. In addition, it leaves a voice mail (audio) and a transcribed written email of the message. It also allows us to send and accept SMS text messages to/from client's cell phones.

12/31/2010

After three years at our present location, in January, 2011 we will move to new office space, close by in The Factory Office Building in Shrewsbury. Telephone numbers should stay the same. The new address will be: 39 E Forrest Avenue, Suite 204, Shrewsbury, PA  17361.  The office is on the "ground" floor close to the front entrance on Forrest Avenue--if entering from the side or rear parking lots, we are on the 2nd floor. The building is elevator equipped, handicap compliant, and senior friendly. The office is just down the hall from our good friend, Mike O'Dell, who has operated his State Farm Insurance office in the building for more than 20 years.  Rather than renew the lease on our large space in the Professional Building, we decided that our resources were better used to invest in the latest technology, software and research with the goal to improve investment performance for our clients. Our new space will allow us to have two internet service providers with more broadband speed and capacity. 

08/12/2010

WS Wealth Managers Inc. has entered into an Investment Management Sub-Contracting Agreement with Fusion Investment Group LLC (CRD # 150978) of Canonsburg, PA. Fusion's Chief Investment Officer, Scott Dooley, will provide advice to Wayne Strout from time to time as well as serving as Model Manager of the new Co-Managed FOLIO, Global Fusion Equity intended to compliment the family of WS Managed FOLIO's in the FOLIO Advisor Program. Mr. Dooley earned his MBA from the University of Chicago and was named in 2008 as one of the "Rising Stars of Hedge Funds" having demonstrated "expertise, dedication, and consistency".   

08/11/2010

WS Wealth Managers Inc. has entered into an Investment Management Sub-Contracting Agreement with American Financial Planning Inc. (CRD # 142588) of Roanoke, VA. AFP's Chief Investment Officer, Maynard Keller, will provide advice to Wayne Strout from time to time as well as serving as Model Manager of the new Co-Managed FOLIO, Traditional Values Index 500 intended to compliment the family of WS Managed FOLIO's in the FOLIO Advisor Program. Mr. Keller earned his Master of Arts Degree from Bob Jones University in 1991 and earned the CFP designation in 2006. The TVI 500 (normally containing around 80 stocks) is a large-cap stock portfolio screened by Mr. Keller according to Conservative Christian and Biblically Responsible Investment principles using the S&P500 Index and VFINX as benchmarks. Investments in the FOLIO are intended to focus on companies that support Biblical Values and a Pro-Family Worldview.

12/15/2009

Wayne Strout will present Wealth Wisdom--Investing According to Christian Principles on WYYC at 12:20PM, four days per week, M-Th. WYYC (AM 1250) is the Christian Talk Radio station in York PA and is part of the Wilkins Communications national network of Christian Talk Radio. The programs are archived as mp3 "podcast" files on this website under the Wisdom heading. According to Wayne, "There are many excellent programs available to help people get out from the burden of debt, but not many resources to help affluent people deal the the responsibilities of managing wealth and investing according to Christian Principles."

06/30/2009

WS Wealth Managers Inc. indicates that a "new approach" is appropriate for most investors in or near retirement. According to Wayne Strout, Chief Investment Officer, "The typical Buy and Hold strategy calls for limited supervision and is probably not appropriate for most "mature" investors. This strategy worked for the 25 year long, 1982-2007 period, but did not work out well for retired investors in 2008. Another slightly different strategy has been defined as "Stay the Course" with regular supervision of the account/s and periodic adjustments. We think this is more appropriate for the retired or near retirement investor. After the most recent market downturn, many clients are telling us they expect an even more proactive approach with continuous supervision of the account/s and the economic environment. They want recommendations for tactical adjustments to protect them from extreme volatility and declines. It is hard to argue against taking intelligent action to protect your nest egg from market declines that jeopardize your long term retirement spending goals."

05/22/2009

WS Wealth Managers Inc. has entered into an agreement directly with Morningstar Inc. to incorporate Morningstar's robust software into the firm's operations. The Office Edition includes Analytical and Performance Reports, Hypothetical Reports, Research, Financial Planning and Client Relations Management modules. WS Wealth Managers Inc. has used another, lesser capable version (Advisor Enterprise edition) for Research, Analytical and Hypothetical Reports for more than a year. Office Edition for more cost, considerably expands the capablity provided to fee based advisory accounts.

5/21/09

WS Wealth Managers Inc. has entered into a FOLIO Advisor Institutional Agreement with FOLIOfn Investements Inc. (www.folioclient.com and www.folioinstitutional.com) allowing advisory contract clients to participate in FOLIOfn's propietary and patented FOLIO Investing System for a program and advisory fee based on account size. Ready-to-go Folios are available, created by FOLIOfn or WS Wealth Managers Inc.

October 14, 2008

According to Wayne Strout, President of WS Wealth Managers Inc. today, the US Department of Treasury has hired Bank of New York Mellon Corp. to be the custodian to implement its $700 billion economic-stimulus package. Under the three year contract, BNY Mellon will be responsible for providing accounting, holding the portfolio's cash and assets, along with other services. "We are happy that the US Department of Treasury shares our respect for the abilities and trustworthiness of BNY Mellon who is the custodian for WS Wealth Managers Inc.'s client accounts."

06/25/2008

After completion of his Series 7 and 66 licensing tests, Scott joins the firm as Financial Advisor, Investment Adviser Representative and Vice President of WS Wealth Managers, Inc. His addition to the firm will substantially increase the firm's capacity to serve more clients and he provides a path toward continuity in client service for another generation.

05/07/08

Wayne and Carol say thanks to all the 100+ clients who have trusted the new business with their investment assets. In the first two months, assets under care have exceeded the figure reached by Wayne during his first two years at the previous firm.

5/6/08
The registraton of WS Wealth Managers, Inc. with the SEC as an investment adviser became effective on Friday, May 2, 2008. More info is available to the public at www.adviserinfo.sec.gov.

3/12/08

New Office is open and ready for business! Please call for an appointment. 

2/20/08

Wayne Strout dba WS Wealth Managers and WS Wealth Managers, Inc. have rented 1100 square feet of prime office space in the Shrewsbury Professional Building, Suite 230, 73 E Forrest Ave, Shrewsbury, PA  17361.  The building is located in between Wendy's and M&T Bank. The new office is expected to be open by March 12, 2008.

2/20/08
Wayne Strout--"In forming our new firm, I wanted to be sure that we created the best business structure for clients. Registered Invesment Advisors, regulated by the SEC and Financial Planners charge for advice but do not typically charge commissions. Brokers, regulated by FINRA, charge commissions, but typically do not charge for advice. RIA's act according to a Fiduciary Standard of Care, while Brokers must recommend only Suitable investments. Our new firm will be a 'hybrid' that will be able (pending all regulatory approvals on State and Federal levels) to operate as an RIA for those that choose that model as well as an Independent Contractor Registered Representative of a Broker Dealer. We chose to work with Glen Eagle Advisors LLS because of CEO John Michel's, and Director of Compliance Bob Les's background and experience with Merrill in operations and we chose Pershing for clearing/custody because of the Bank of New York Mellon Corporation's reputation and history dating back to 1784 when it was founded by Alexander Hamilton."

http://online.wsj.com/public/article/SB119957758126470343.html?mod=sunday_journal_primary_hs

2/20/08