HOUSTON, Dec. 13, 2010 /PRNewswire/ -- BBVA Wealth
Solutions, Inc., an SEC registered investment advisor affiliate of
BBVA Compass, recently announced the launch of its SmartPath
Diversified Portfolios, an investment solution which allows assets
to be actively managed by the company on a single integrated
platform. The six SmartPath Diversified Portfolios utilize an
actively managed selection of mutual and exchange-traded funds to
provide diversification of client assets across a mix of global
equity, fixed income, commodities and other markets. Each Portfolio
is designed to pursue investment objectives and to seek risk levels
suited to the goals and tolerances of the clients.
"The SmartPath Diversified Portfolios are purposefully built
from asset classes that exhibit offsetting behavior," said
Bill Helms, senior executive vice
president and head of Wealth Management at BBVA Compass. "By making
this part of our investment process, we seek to greatly limit
portfolio fluctuation and augment long-term return potential."
Each of the six SmartPath Diversified Portfolios is
intentionally diversified across a variety of factors so that
clients may pursue a wide range of investment opportunities. With
models ranging from conservative to aggressive growth, each
portfolio is groomed to be appropriate for individual investment
objectives.
"Through the implementation of our Personal Investment Profile,
we are able to identify each individual investor's tolerance for
risk, liquidity needs and time of investment, which helps us create
the best possible scenario for a positive experience for each
investor," said John Sawyer,
executive vice president and chief investment officer of Wealth
Management at BBVA Compass and CEO of BBVA Wealth Solutions. "In
addition, because our strategy is based on diversification through
asset allocation, we are confident that our four step institutional
model, which includes monitoring the volatility parameters of each
portfolio, will assist BBVA Wealth Solutions in establishing and
maintaining a positive risk-return relationship for each customer
seeking to expand their investment options."
To learn more about the BBVA Wealth Solutions SmartPath
Portfolio Models or BBVA Compass' additional proprietary investment
offerings, customers may stop by a local branch, call 1-800-COMPASS
or visit www.bbvawealthsolutions.com.
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that
operates more than 717 branches including 382 in Texas, 92 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 20 in New Mexico. BBVA Compass is the 15th largest
U.S. commercial bank based on deposit market share and ranks among
the largest banks in Texas (4th),
Alabama (3rd) and Arizona (5th). For the second consecutive
year, BBVA Compass was named as a "Lender of the Year" by the Small
Business Administration (SBA). Additional information concerning
BBVA Compass can be found on our website www.bbvacompass.com.
BBVA Compass is a subsidiary of Compass Bancshares, Inc., a
wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a
financial services group with approximately $760 billion in total assets, 48 million clients,
7,400 branches and approximately 105,000 employees in more than 30
countries. BBVA ranks among the top 20 largest financial
institutions in the world based on market capitalization and 21st
in Global Finance magazine's list of the "World's 50 Safest
Banks" for 2010. BBVA provides its customers around the world with
a full range of financial services, including commercial and
wholesale banking, retail banking services, consumer loans,
mortgages, credit cards, securities brokerage, wealth management,
pension plan management and insurance. The BBVA Group maintains a
leadership position in Spain,
Mexico, Latin America and the Sunbelt Region of
the United States as well as
operations in China, France, Germany, Hong
Kong, Italy, Japan, Singapore, Switzerland, and the United Kingdom. More information about the
BBVA Group can be found at www.bbva.com.
Editor's Note:
BBVA Compass is a trade name of Compass Bank. Compass Bank,
member FDIC.
SOURCE BBVA Compass