(November 15 – 13:05 ET) – First Associates Investments Inc. says that the top performing portfolio management team led by Greg Guichon has joined the firm. The Guichon team has more than $100 million in private and institutional client assets under management.

Andy Rafelman and Bruce Hartman are joining First Associates along with Guichon. Each has a track record of success at major firms including Scotia McLeod, Merrill Lynch and CT Investment Counsel. The Guichon team also includes research and equity analysis, portfolio tracking and control and fixed-income management.

“We are delighted to welcome Greg and his team to First Associates,” said Rick Stuchberry, chairman and CEO.” Their investment style, which combines fundamental and technical analysis, will be complemented by our ability to deliver widely respected, independent research. This new association will provide significant benefits for First Associates’ growing client base and marks an important milestone in our growth as a premier independent investment dealer.”

“The partnership with First Associates will provide important enhancements for our clients,” said Guichon, who becomes head of First Associates Private Client Money Management. “They will benefit from independent thinking, improved order execution and comprehensive portfolio tracking and control, while continuing to enjoy customized service, and top-flight performance.”