When one considers popular financial hubs, Lake Oswego, Ore., hardly fits the profile. After all, this sleepy resemblance of a town has a population of merely 40,000, and almost nothing to place it on the national map. Like finding a needle in the haystack, in this relatively unknown location lies Auxier Asset Management, a full-fledged investment management firm with over $261 million in equities under management.
Founded in July 1998 by namesake founder Jeff Auxier
, this firm has certainly flown under the radar when compared against the bigger and more “prestigious” operations. Boasting over 25 years of experience, Auxier’s style of leadership was heavily influenced by a certain client known as Robert Pamplin Sr., former CEO of Georgia Pacific, at the tender age of 11. While mowing lawns for Pamplin, he was taught the value of ethical leadership and transparent operations. Furthermore, he was taught that the “language of business is accounting,” and as such, graduated from the University of Oregon with a degree in finance and emphasis in accounting. From this humble beginning, he launched a career at what is now known at Smith Barney, and has worked with or received advice from legendary finance gurus such as Warren Buffett
and Jamie Dimon of JP Morgan. Earning coveted rewards such as the Consulting Group Bow Dwyer Award and All-Star Broker back to back in 1997/1998 by Money Magazine, Auxier’s future was all but set in stone. However, rather then continue along the yellow brick road at Smith Barney, Auxier sought more, an environment in which his successes or failures were directly aligned with those of his clients. As such, Auxier took the biggest risk of his career and launched what is now the modern day Auxier Asset Management. Continue Reading »