LANCASTER, Pa.--(BUSINESS WIRE)--Emerald Asset Management, Inc., an investment holding company with approximately $2 billion in assets, has announced a key addition to its senior management team as it prepares for continuing future growth. Emerald Founder and CEO Joseph E. Besecker announced the following staff addition:
Scott L. Rehr has joined Emerald Advisers, Inc. as chief operating officer. Emerald Advisers is a wholly-owned subsidiary and manages over $1.8 billion as an SEC-registered investment adviser. Scott is responsible for the day-to-day management of Emerald Advisers operations as the firm gears up to expand its product offerings. Scott co-founded Emerald Advisers in 1991 and served as president of its family of mutual funds prior to leaving the firm in 2002 to lead several community-based organizations in his hometown of Reading, PA. Scott graduated from Dickinson College with a degree in Economics and resides in Wernersville, PA. He returned to Emerald in February of this year.
“We are proud to welcome Scott back to Emerald,” Joe Besecker said. “Scott played a key role in founding Emerald Advisers and its initial growth to over $1 billion in assets, and his experience and expertise will be important as Emerald continues to grow past $2 billion,” he said. Scott joins Richard Juliano, who was recently named chief operating officer of holding company Emerald Asset Management, Inc. Both executives are based at Emerald’s new global headquarters in Leola, PA. Emerald moved to a larger headquarters in November, 2011 as part of its ongoing growth-oriented product development and acquisition strategy. Emerald also maintains offices in King of Prussia and Pittsburgh, Pennsylvania.
Founded in 1991, Emerald Asset Management, Inc. is a diversified investment management company that operates thru its wholly-owned subsidiaries Emerald Advisers, Inc. and Emerald Mutual Fund Advisers Trust. Emerald Advisers and PMG jointly own Emerald Fixed Income Advisers, LLC. Assets managed by these companies totaled approximately $2 billion as of March 31, 2012. “Driven by Research,” Emerald employs an intense fundamental, research-focused investment philosophy and focuses primarily on growth-oriented equity investing and high-quality disciplined fixed-income investing.
Emerald Asset Management, Inc.
Emerald Advisers, Inc.
Emerald
Mutual Funds
3175 Oregon Pike
Leola, PA 17540
717.556.8900
800.722.4123
www.TeamEmerald.com