Providing a Unique Perspective
W.E. Donoghue & Co., LLC (WEDCO) is an SEC registered investment advisor registered in all 50 states. WEDCO was founded in 1986 to provide professional investment management services to individuals, corporations, and institutions, including trusts, employee benefit plans and retirement plans.
The firm was founded by our visionary Bill Donoghue who has over 40 years of experience in the financial services industry. Bill has brought a unique perspective to the financial advisory industry. As a consumer advocate, Bill has been teaching investors for decades through his 7 books in print including a New York Times Best Seller as well as through his newsletters throughout the years.
Today, WEDCO’s investment committee along with its team of professionals is passionately committed to assisting our advisors in helping them meet their client’s investment objectives. The firm’s solutions have evolved over the years but have been driven by a firm belief that the “buy and hold” approach is not sufficient to help our advisors meet their clients’ objectives of preserving and growing their wealth along with meeting sustainable income needs.
Currently, W.E. Donoghue & Co., LLC has over $2.67 billion (as of September 30, 2017) in assets under management or under advisement in mutual fund or separately managed accounts serving the needs of our advisors and their clients.
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Jeff is President and CEO of W.E. Donoghue & Co., LLC. He is a principal and corporate officer as well as a member of W.E. Donoghue & Co., LLC's Investment Policy Committee. As part of Jeff's responsibilities on the investment committee he leads in the design and maintenance of the technical asset allocation models applied to the high yield asset class and equity rotation strategies. In addition, he has been instrumental in collaborating with Standard and Poor’s and S-Network in the design of the custom indices being offered by WEDCO for which the SMA investment portfolios are predicated upon. He is also a co-portfolio manager to the Power Income Fund and Power Dividend Index Fund, of which W. E. Donoghue & Co. LLC is the Advisor. Jeff had worked as an Account Executive for national and super regional firms Lehman Brothers, Gruntal & Co., and Cowen & Co. from 1992-1996. There he worked with individual investors, as well as institutional investors, recommending and trading individual securities. Further, BTS Asset Management employed Jeff from 1996-1998 as a Regional Vice President providing investment advisory services to institutional clients.
William is Principal, Chief Compliance Officer, Treasurer and a member of the Board of Directors of W.E. Donoghue & Co., LLC with over 26 years of experience in the financial services industry. He is a corporate officer as well as a member of W.E. Donoghue & Co., LLC's Investment Policy Committee. As part of William's responsibilities on the investment committee he is involved in the design and maintenance of the technical asset allocation models applied to the high yield asset class and equity rotation strategies. He is also a co-portfolio manager to the Power Income Fund and Power Dividend Index Fund, of which W. E. Donoghue & Co., LLC is the Advisor. Previously, William had worked as an Investment Professional with independent and national firms, such as Argentus Securities, LLC, Advisory Group Equity Services, Jefferson Pilot Securities, and Franklin Securities. There he worked with individual investors, as well as institutional investors, recommending and trading individual securities, developing portfolios of mutual funds using Modern Portfolio Theory, Risk assessment and reduction strategies, Qualified Plan design and implementation and Financial Planning. William has held Series 6, 65 and 7 licenses, as well as Life, Accident and Health Insurance Brokerage Licenses. Before working as an independent investment advisor, William was Vice President of W. E. Donoghue & Co., LLC. He was a corporate officer and a member of W. E. Donoghue & Co., LLC's Investment Policy Committee. In addition to managing client assets for the firm, he was responsible for investment research including designing the proprietary technical indicators utilized with the sector rotation models, trading, performance reporting and client relationships. Further, William was an assistant manager of mutual fund operations with State Street Bank and Trust, Co.
Richard E. Molari
Rick is the Chief Operating Officer of W.E. Donoghue & Co. LLC. He is a principal, corporate officer as well as a member of W.E. Donoghue & Co., LLC's Investment Policy Committee . As part of Rick's responsibilities on the investment committee he is involved in the design and maintenance of the technical asset allocation models applied to the high yield asset class and equity rotation strategies. He is also a co-portfolio manager to the Power Income Fund and Power Dividend Index Fund, of which W. E. Donoghue & Co. LLC is the Advisor.
Rick is an accomplished investment management operations and global trading specialist with over fifteen years of industry experience. He has extensive knowledge of international equity, fixed income and currency markets as well as back and middle office operations, portfolio accounting and compliance regulations. Rick joined W.E. Donoghue & Co., LLC in 2014 to manage the trading and operations team.
Prior to his current role, Rick spent nine years at a multi-billion dollar Boston based global hedge fund, trading international equities and managing trade operations. He started his professional career in fund accounting and back office administration with State Street Global Advisors and later BISYS Hedge Fund Services Inc. Rick holds a dual Bachelor's of Science degree from Northeastern University in Finance and Entrepreneurship. He is currently an active member of the CFA Institute, the Boston Security Analysts Society and the Boston Securities Traders Association.
John Forlines III
John A. Forlines III is Chief Investment Officer at W.E. Donoghue and a member of the Investment Committee. In addition to his leadership as a portfolio manager, Mr. Forlines is an Executive in Residence in the Department of Economics at Duke where he teaches classes in behavioral finance and decision making. Mr. Forlines enjoyed a long career with J.P. Morgan from 1985-2000, serving various roles within the firm, including Vice President of Structured Products, Co-Head of the U.S. Private Equity Group, Managing Director in the Securities Business Development Group and Managing Director and Co-Head of U.S. Tech, Media & Telecom Investment Banking.
Mr. Forlines is admitted to the practice of law in the State of New York; before his career at JP Morgan his legal work specialized in structured debt and equity products. Graduating from Duke University with Honors in English and Economics, Mr. Forlines has also earned his J.D from the Duke University School of Law.
Bob Shea is President of W.E. Donoghue and a member of the Investment Committee. He has long been instrumental in product development, tactical strategy, and idea generation crucial to model construction within the Global Tactical strategies. He keenly understands our industry relationships and focuses on supporting W.E. Donoghue’s Advisor and Broker Dealer relationships.
Bob is a former partner at Goldman Sachs and was a founder and CIO of AsiaSource Capital, a partnership based in the U.S. and Singapore. AsiaSource’s investment thesis is centered on Greater China. Spending 14 years at Goldman Sachs, Bob was partner in charge of cash equity and sector based proprietary trading and served as a member of Goldman’s Equity Division Risk and Global Trading Committees. Bob also was a member of NASDAQ's Quality of Markets Committee. Prior to Goldman Sachs, Bob spent 5 years as a senior equity trader at First Boston.