Salem Investment Counselors, based in Winston-Salem, NC, is ranked No. 27 on the 2023 CNBC Financial Advisor 100 list. Their expertise in financial advising has led them to success in the industry, attracting investors and partners alike.
In recent news, Salem Investment Counselors Inc. has been actively involved in various transactions, including boosting their stock position in Realty Income Co. (NYSE:O) and acquiring shares of Vanguard Value ETF (AMEX:VTV). These strategic moves demonstrate their commitment to expanding their portfolio and maximizing returns for their clients.
Joining forces with other key players in the market, Salem Investment Counselors collaborated with Stacker Holdings and Salem Investment Partners in a recent transaction. This partnership highlights the firm's ability to work with industry leaders and leverage their expertise for mutual success.
Eastham Capital and Eller Capital Partners also made headlines with the announcement of the disposition of Northcliffe Forest Apartments in Winston-Salem, North Carolina. This development showcases the dynamic nature of the investment landscape and the opportunities it presents for growth and diversification.
In another strategic move, L2 Capital revealed its investment in The iFranchise Group and TopFire Media, reflecting a trend towards investing in innovative and disruptive companies. Salem Investment Counselors' involvement in such transactions underscores their forward-thinking approach to portfolio management.
On the selling front, Salem Investment Counselors Inc. sold shares of Dominion Energy, Inc. (NYSE:D) and trimmed their position in SPDR S&P Biotech ETF (AMEX:XBI). These decisions indicate a proactive approach to managing their investments and optimizing their portfolio for long-term growth.
Additionally, Salem Investment Counselors Inc. sold Vanguard Mid-Cap Value ETF (AMEX:VOE) shares, further showcasing their commitment to strategic portfolio adjustments based on market trends and performance indicators.
Overall, Salem Investment Counselors continues to make strategic moves in the investment landscape, demonstrating their agility and expertise in navigating market fluctuations. With a focus on delivering value to their clients and maximizing returns, the firm remains a key player in the financial advisory industry.
