OUR STORY

Providing Expert Investment Advice Since 1991

Wellesley Asset Management, Inc. is an independent, registered investment advisory firm dedicated to providing expert investment advice. Utilizing convertible bonds, Wellesley offers many different types of investors a non-traditional approach to achieving return while seeking to mitigate risk.

Founded in 1991 by Greg Miller, the firm currently manages approximately $2 billion in assets, and has over 40 employees. Wellesley serves many different clients ranging from individuals and families, to working in partnership with other advisors.

Greg started the firm after he had sold an unrelated business, producing the proverbial “nest egg.” Greg was most interested in growing his portfolio, while avoiding a long-running family curse of losing small fortunes. Early on, he discovered convertible bonds, and realized how they could be used to accomplish the goals of investment performance with protection. He developed a strategy, using convertible bonds, that has been refined over time and has evolved into a highly differentiated, disciplined and repeatable process, one that has been in action on behalf of clients for over 25 years.

In 2008, Michael Miller joined the firm, bringing business continuity, and his own experience from working at a national firm. Also in 2008, the firm launched the first of three proprietary mutual funds, designed to help clients gain access to a wide variety of convertible bonds, using differing strategies.

Greg and Michael are proud recipients of many industry awards and accolades, and are known for their expertise in convertible bond management.

LEADERSHIP

Greg Miller, CPA

Founder, CEO, Portfolio Manager

CEO and founder of Wellesley Asset Management in 1991, Greg draws on over thirty-five years of investment and financial experience. Greg is a nationally recognized provider of investment advisory services deploying convertible bonds. As CEO and Portfolio Manager, he has directed the firm’s limited risk investing philosophy for over twenty-five years with the primary goal of principal protection combined with investment growth. Greg and the team at Wellesley Asset Management currently manage over $2 billion in convertible bonds for high net-worth individuals, registered investment advisors, banks, pensions, wirehouses, financial advisors, and other investment professionals nationwide.

Greg is the author of an Amazon bestselling book, Outrunning the Bear: How You Can Outperform Stocks and Bonds with Convertibles. Greg was ranked a Top 100 Independent Financial Advisor by Barron’s for eight years in a row. In Barron’s September 2018 Top 100 list, he ranked #1 in Massachusetts and #2 nationwide. Barron’s also ranked Greg #1 in Massachusetts in its March 2019 list of America’s Top 1,200 Financial Advisors for the fifth consecutive year. In January 2020, Greg was recognized by Forbes as a Best-In-State Wealth Advisor in Massachusetts for the second consecutive year.  In August 2020, Greg was again recognized by Forbes on their list of America’s Top 250 Wealth Advisors.

Greg worked with an international accounting firm and for over twenty years had his own CPA firm. He graduated from Boston University and holds an MBA with high distinction from Babson College. Greg lectures frequently on absolute return investing deploying convertible bonds to high net-worth individuals, registered investment advisors and other investment professionals. 

Michael D. Miller, CFIP

President, Chief Investment Officer, Principal

As President and Chief Investment Officer of Wellesley Asset Management, Inc. and a Portfolio Manager of the firm’s mutual funds, separately managed accounts and private fund, Michael is an integral part of the firm’s executive management team. He directs the firm’s trading, private client, and institutional teams and oversees day to day operations, strategic planning and execution. Michael is responsible for convertible bond research and product development, analyzing and monitoring portfolio holdings, and communicating performance, portfolio and fund data. He also constructs and analyzes client portfolios.

In addition to his capacity as President and Chief Investment Officer, Michael works directly with some of the firm’s institutional clients. Michael uses his fifteen-plus years of fixed income and financial planning experience to guide and educate many financial advisors, plan sponsors, registered investment advisors and asset allocators on the benefits of convertible bond investing.

Michael frequently speaks at national conferences, instructing and introducing investment professionals to the convertible bond asset class. Additionally, Michael educates both clients and investment professionals, regularly authoring white papers and market commentaries.

In July 2020, Michael was recognized by Forbes magazine as a Top Next Generation Wealth Advisor, ranking #1 in Massachusetts for the fourth consecutive year and #6 nationwide. In January 2020, Michael was recognized by Forbes as a Best-In-State Wealth Advisor in Massachusetts for the second consecutive year.

Michael is a Certified Fixed Income Practitioner and a member of the Financial Planning Association. He received his Bachelor of Science degree in Business Administration from American University’s Kogod School of Business in Washington, DC, where he specialized in finance, and his Master of Business Administration degree from Babson College F.W. Olin Graduate School of Business.

Michael resides with his wife and two daughters in Wayland, Massachusetts.

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