It was on 1 May 2012 that Doug Pyle launched Radnor after he left Columbia Management Group. Plye is joined by Pierce Archer from Pennsylvania Trust Co.
The duo had worked together at the original Radnor Capital Management for over a decade, before it was sold to US Trust in 1999.
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And subsequently, US Trust was acquired by the Charles Schwab Corp., who then sold it to Bank of America, who in turn sold its institutional advisory, Columbia Management, to Ameriprise Financial.
Currently, the new Radnor Capital Management is 100% employee-owned and financed.
Radnor provides investment advice to families, trusts, and HNW clients, as well as charitable organizations, foundations and other institutional portfolios.
Further, both Pyle and Archer manage separately managed accounts.
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By GlobalDataWhile Pyle is a portfolio manager specializing in socially responsible mid-to-small cap stocks, Archer focuses on large-cap value and balanced accounts.
Other former Radnor employees who have joined Pyle and Archer are Andrea Funk, chief operating officer, Elisabeth Schwan, securities analyst, and Pat Barlow, account administrator.
