Press Releases Archives - Simpson Capital Management

May 14, 2015 – Registered investment advisor, Simpson Capital, announced today an upgrade to its website to better serve their clients. Simpson Capital manages traditional stock and bond portfolios for individual and institutional clients across the United States. The website address is www.simpsoncapital.com.

The website upgrade provides links to Simpson Capital’s latest research reports, describes the portfolio management process and offers recent firm news. The site was developed in house and allows Simpson Capital to monitor its content closely.

“We have sampled the needs of our clients and think the changes to the site will enhance the client experience,” said David Simpson, CFA, President. “We are thrilled to make the changes because investing is complicated enough. We make it simple for them.”

FOR IMMEDIATE RELEASE

Contact: David Simpson, President

[email protected]

Click here for word docx, SCM_Release_150514

Simpson Capital Management, Inc

FOR IMMEDIATE RELEASE

Contact:

David Simpson, CFA

Simpson Capital Management, Inc

31 Flamingo Court

Laguna Niguel, 92677

(949) 495-7922; [email protected]

Analyst Says Latest FASB Decision’s Effects ‘will be Minimal’

Laguna Niguel, CA, Friday, December 8, 2000– Chartered financial analyst David Simpson, president and chief investment officer of Simpson Capital Management Inc., expressed optimism for investors through his remarks quoted in a CBS MarketWatch story yesterday. The online article discussed the implications of the Financial Accounting Standards Board’s (FASB) recent decision in the reporting of goodwill from acquisitions on financial statements.

As part of a multiyear project, FASB is phasing out the ‘pooling of interests’ method of acquisition accounting while proposing a major modification to the remaining ‘purchase’ method. “The Board is suggesting a new approach, the impairment approach,” Simpson said in the article. “This approach does away with the long-term schedules after an initial charge-off on the purchase date.”

The heightened uncertainty surrounding the decision has made investors wary of short-term market reaction after analysts registered unfavorable reaction to earlier rejected Board proposals. “In the long run, material effects will be minimal,” reassures Simpson. He believes the standards will be applied evenly and analyst comparisons will be adjusted accordingly.

Simpson Capital Management, based in Laguna Niguel, California, provides investment management services for individualized portfolios of personal and corporate clients. It is a registered investment adviser with the state of California. Mr. Simpson is also an investment instructor in UCLA Extension’s Personal Financial Planning program. He holds a CFA designation, a bachelor’s degree in Economics from Bethany College in West Virginia, and an MBA from Arizona State University.

For complete text of the CBS MarketWatch article and background interview or more information on Simpson Capital Management, please contact David Simpson at (949) 495-7922 or email [email protected]; or visit the website at www.simpsoncapital.com.

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