BWC Expands Team with Addition of Institutional Consultant
Beirne Wealth Consulting Services, LLC (BWC) has announced that Bob Simms has joined the firm as an Institutional Consultant in the Shelton, Connecticut Office. Bob will be responsible for assisting with BWC’s institutional clients as well as contributing to the investment committee.
Bob brings with him over 50 years of experience in the financial services industry. Bob founded Simms Capital Management, Inc. in 1984 where he was President and Chief Executive Officer until 2004. During this time, Bob was also the Portfolio Manager at The Simms Funds - International Equity Fund. He was at Bear, Stearns & Co., Inc. from 1972 to 1984, becoming a General Partner in 1977. Bob’s responsibilities included Manager of the Institutional Department, Manager of the Options and Futures Department, and Director of Asset Management Services. He was an Executive Vice President at Black & Co. from 1968 to 1972, a member of the Institutional Sales Department at Paine, Webber, Jackson & Curtis from 1965 to 1968, and a Research Analyst at Dominick & Dominick from 1961 to 1965. Bob has been a Director of Consumer Portfolio Services Inc. since April 1995.
For most of Bob’s illustrious 50-year career in financial services, he has specialized in institutional consulting, options investing, wealth management, equity markets, derivatives and endowment planning for successful individuals, defined benefit plans and corporate retirement plans. Bob has successfully managed money for Boeing Aircraft, the State of New Mexico Pension Fund, and several municipalities across the state of Connecticut.
Bob has served on numerous corporate boards and charities throughout his lifetime. He was Director and Chairman of the Investment Committee for the National Football Foundation and Hall of Fame as well as the President of the Endowment Committee for the Campfire Club of America. Bob also served on the Board of Overseers of Rutgers University and the Board of the Greenwich Historical Society. He was also a Director of Home Federal Savings Bank of New York Bancorp, Inc.
Bob graduated from Rutgers University where he was recognized for both his academic and athletic prowess. Upon graduation, Bob was drafted by the New York Giants and the Houston Oilers where he played three seasons in the NFL. Bob also graduated as a lieutenant in the United States Army and served at Port Bliss Oklahoma as forward observer and battery master. In his spare time, Bob is very active in wildlife conservation, playing golf and spending time with his dog Molly.
About Beirne Wealth Consulting Services, LLC
Beirne Wealth Consulting Services, LLC (“BWC”) is a growing, privately owned, SEC Registered Investment Advisor with office locations in Connecticut, Pennsylvania and Florida. BWC provides independent, fee-based investment management services and customized financial planning solutions. Our institutional business provides consulting expertise to defined benefit and defined contribution plans, endowments, foundations and non-profit organizations. Our private clients include high net-worth individuals and prominent families, many of whom bring complex wealth management challenges and multigenerational planning needs. For more information, please visit www.beirnewealth.com or give us a call today at 888-231-6372.