Legg Mason Executive Visits with Argent Investment Officers

Dean Mailhes and Vaughn Antley quizzed Bill Miller, President and CEO of Legg Mason Asset Management during a private dinner at the Legg Mason Institutional Investment Conference in Baltimore, Maryland gaining valuable insight to a crucial portion of the Argent’s investment process. 

“The meeting gave us valuable insight into Miller’s money management process and his outlook for the financial markets,” Antley said of the meeting.

Miller also serves as the fund manager for the Legg Mason Value Trust Fund. This fund is the only mutual fund to beat the S&P 500 for 12 consecutive years. He has appeared many times in the media on such programs as Wall Street Week, CNBC, CNN Money Week and also has been profiled in publications such as Fortune, Forbes, Money and Wall Street Journal.

The Legg Mason Value Trust Institutional Fund has been an integral part of the Mutual Fund Portfolio for the Managed Asset Portfolio (MAP) program and a recommended option for clients of Argent’s 401(k).

Argent Financial Group was one of the original investors in the Legg Masson Value Trust Institutional Portfolio and remains one of the largest shareholders in the fund.

While in Baltimore, Mailhes and Antley also visited with representatives of T. Rowe Price & Associates at the company’s corporate headquarters.  T. Rowe Price Funds are also an integral part of the MAP Program.

Mailhes and Antley consider these meeting “essential” to the asset allocation process as they continually fine-tune MAP for optimum performance.

MAP is an asset allocation model that uses a variety of no-load mutual funds. MAP clients choose from a variety of options within the program to meet their different objectives and risk capabilities. Managed by Vaughn Antley, this closely-monitored process preads risk over many sectors and among large, medium and small companies. It also employs the benefits of both growth and value style funds.