Profile
Mr. Alger began his career in 1958 as a Security Analyst with Wells Fargo Bank and North American Securities Company.
From 1961-1964, he served as a Portfolio Manager with Winfield & Company.
In October 1964, he founded Fred Alger Management, Inc. and served as Chief Executive until 1995 when he went into semi-retirement and his brother, David Alger, became Chief Executive.
In September 2001, he became President, Chairman of the Board and Chief Market Strategist.
Mr. Alger has served as a Director, Board Member or Trustee of several companies and foundations including Rite Aid Corporation, Museum of Modern Art, The French-American Foundation, and The American University of Paris Foundation, The American Center for Students and Artists and The NY State Council on Economic Education.
He currently serves as Chairman of the Board and President of Alger Associates, Inc. and several of its subsidiaries including Fred Alger Management, Inc., Fred Alger & Company, Incorporated, Alger Properties, Inc., Fred Alger International Advisory S.A.
and Alger Shareholder Services, Inc. as well as The Alger Fund, The Alger Institutional Fund, The Alger American Fund, Spectra Fund and Castle Convertible Fund.
Mr. Alger also serves as Chairman of the Boards of Alger SICAV and Analysts Resources, Inc. Mr. Alger also served in the U.S.
Marine Corps.
(Reserve) from 1958 to 1964.
He received his A.B.
from Yale University and his M.B.A.
from the University of Michigan.
Former positions of Fred M. Alger
Companies | Position | End |
---|---|---|
Fred Alger Management LLC
Fred Alger Management LLC Investment ManagersFinance Fred Alger Management LLC (FAM) is a SEC-registered investment advisor and mutual fund manager headquartered in New York City. Founded in 1964, the firm is wholly-owned by Alger Group Holdings LLC, which is wholly-owned by Alger Associates, Inc. FAM provides both discretionary and non-discretionary investment advisory services to institutional investors through separate accounts, US and foreign registered and privately offered funds, as well as through third-party sponsored funds and bank sponsored collective investment trusts; and to retail investors through wrap programs and US and foreign registered funds. | Chairman | 2006-10-01 |
Wells Fargo Bank NA
Wells Fargo Bank NA Major BanksFinance Wells Fargo Bank, NA provides investment advisory services. It offers banking, insurance, investments, mortgage, and consumer finance services. The company is headquartered in Sioux Falls, SD. | Corporate Officer/Principal | 1963-09-29 |
Training of Fred M. Alger
Yale University | Undergraduate Degree |
University of Michigan | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Private companies | 2 |
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Fred Alger Management LLC
Fred Alger Management LLC Investment ManagersFinance Fred Alger Management LLC (FAM) is a SEC-registered investment advisor and mutual fund manager headquartered in New York City. Founded in 1964, the firm is wholly-owned by Alger Group Holdings LLC, which is wholly-owned by Alger Associates, Inc. FAM provides both discretionary and non-discretionary investment advisory services to institutional investors through separate accounts, US and foreign registered and privately offered funds, as well as through third-party sponsored funds and bank sponsored collective investment trusts; and to retail investors through wrap programs and US and foreign registered funds. | Finance |
Wells Fargo Bank NA
Wells Fargo Bank NA Major BanksFinance Wells Fargo Bank, NA provides investment advisory services. It offers banking, insurance, investments, mortgage, and consumer finance services. The company is headquartered in Sioux Falls, SD. | Finance |
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