Matt Olver, CFP®, Senior Vice President & Wealth Advisor, was featured in The Cleveland Plain Dealer's Ask the Expert column on Saturday, August 21, 2010.  Matt responded to a question regarding college financial aid and if it is possible to amend filed FAFSA forms due to changing circumstances.  Click here to read Matt’s response.

Jeff Malbasa has been promoted from Senior Vice President to Chief Operating Officer of Spero-Smith Investment Advisers, Inc., effective September 1, 2010.



Jeff Malbasa, Senior Vice President, was quoted in the June 28, 2010 edition of Crain’s Cleveland Business. The edition featured the article titled “Lessons Learned”.   Jeff shares that while investors are naturally sensitive to their most recent investment experience, sound investing requires a disciplined approach that focuses on long-term goals. We are unable to post a link to the article as the article is only available to subscribers of Crain's. We apologize for the inconvenience.
On May 7, 2010 Bob Smith appeared on on WEWS Channel 5's Live on Five program. Bob addressed questions regarding the recent market turmoil.  Channel 5 sometimes makes interviews available for replay on their website, which can be accessed by clicking here.

On December 4, 2009 Bob Smith appeared on Feagler and Friends on WVIZ TV to discuss recent changes at the Cleveland-Cuyahoga Port Authority, specifically the appointment of Peter Raskind as interim CEO.
Senior Vice President & Wealth Adviser, Matt Olver, CFP® was quoted in the November 9-15, 2009 and November 16-22, 2009 editions of Crain’s Cleveland Business.
The November 9th edition featured the article titled “Going through Withdrawal”. The article discussed the increase of clients questioning whether or not they should take withdrawals from their retirement plans to help meet expenses, including those that are unemployed. To read the article in its entirety, please click here.
Look Back
In February of 2009, Matt appeared on WEWS “Live on Five” TV show discussing planning for a potential job loss.  He expanded his thoughts on the subject in an article posted on our website.  Click here to read Matt’s piece. 
The November 16th edition featured the article titled “Financial Advisers Face more Questions from Clients Wary of Turmoil”. Due to notable financial scams, the article discussed clients’ heightened attention to firms with whom they do business.  The article is not yet publicly available online.
Look Back
After the revelation of Bernard Madoff’s Ponzi scheme last December, Bob Smith, president and CEO, wrote an editorial regarding ways to safeguard against securities fraud.  The article appeared in the Forum section of The Plain Dealer on Sunday, December 28, 2008. Click here to read Bob’s piece. 
 
Bob Smith has been elected Chair of 90.3 WCPN ideastream® Board of Trustees. Please click here to read the press release.
We are pleased to announce that our founder, Karen Spero, is this year’s recipient of the Financial Planning Association’s (North East Ohio Chapter) Lifetime Achievement Award, which was presented to Karen on October 19, 2009. The award is presented to an individual with more than 25 years of experience who exemplifies the financial planning profession.   Please join us in congratulating her on this wonderful and well deserved achievement.  We thank Karen for her continued guidance that she provides to all of us at Spero-Smith.

Jeff Malbasa has passed Level II of the CFA exam.  Established in 1962, the CFA Program sets the global standard for investment knowledge, standards, and ethics. Clients, employers, and colleagues know that a charterholder has mastered a rigorous curriculum covering a broad range of investment topics and is committed to the highest ethical standards in the profession.  With just one more level to go, we congratulate Jeff and wish him the best of luck as he prepares for Level III!

Bob Smith delivered the keynote address at Youth Opportunities Unlimited (Y.O.U.) Founders Benefit Luncheon on 8/12/09.  Over the past 26 years, Y.O.U. has provided workforce preparation and job placement to over 150,000 youth, ages 14-19 in Cuyahoga County who live at or below poverty, with jobs and programs that help them succeed in school, the workplace and life. Y.O.U.’s mission is powerful: help our youth and strengthen our communities. The Founders Benefit Luncheon honored the Cleveland Cavaliers – an organization that is committed to positively impacting the lives of children and families in Northeast Ohio through a comprehensive program of education, recreation and outreach initiatives. Please click here to read Bob’s speech titled “Success: Reach For It!”.
 
Bob Smith was re-appointed by Governor Ted Strickland to a three-year term on the Board of Directors of the Ohio Bureau of Workers’ Compensation (BWC) - 7/09.

Bob Smith, President & CEO of Spero-Smith Investment Advisers, Inc., was featured in the April 20-26, 2009 edition of Crain’s Cleveland Business, beginning on Page 11.  The interview illustrates the overlap between Bob’s extensive work as an advisor to institutional assets and his work with clients of Spero-Smith.  Click here to read.
 
Bob Smith, President & CEO, appeared on Cleveland's Channel 19's March 23, 2008 5:00 PM newscast.  He discussed the Obama administration's plan to purchase toxic assets from banks and the potential effect on banks and Wall Street.
 
Bob Smith, President & CEO, was interviewed on WEWS Channel 5's March 12 evening at 5:15 p.m.  Bob discussed the Bernie Madoff scandal and how investors can avoid this type of fraud. The replay may still be available on the station's website, http://www.newsnet5.com/video/index.html.
 
Matt Olver, CFP®, Vice President & Portfolio Manager was featured in The Cleveland Plain Dealer's Ask The Expert column on Sunday, February 8, 2009.  Matt responded to a question about whether it is a good idea to roll over a traditional IRA into a Roth IRA in this market.  Click here to read.
 
Matt Olver, CFP®, Vice President & Portfolio Manager, appeared on WEWS Channel 5’s 1/30/09 newscast to discuss what people should do if they are concerned about the future of their employment and offer advice if they receive an economic stimulus check.
 
 
Bob Smith spoke at a Labor and Employment Law lunchtime seminar sponsored by Frantz Ward LLP on Monday, January 26.  He updated an audience of human resource professionals on how the distress in the financial markets has impacted the investment portfolio of the Ohio Bureau of Workers' Compensation (BWC). He also discussed the improvements occurring at the BWC and emphasized the important role of equities for long-term investment growth.
 
Bob Smith appeared on Cleveland's Fox 8 News in the Morning on Monday, January 26.  Bob offered his views on long-term investing, the economy, and the government's stimulus programs.
 
Bob Smith, President & CEO, was  interviewed on Channel 5's 1/21/09 evening’s newscast.  Bob discussed where the economy is now that the new year has started.
 
Mimi Lord, Chief Investment Officer, has completed The Plain Dealer’s six-month-long “The PD versus The Pro” stock competition.  Mimi outperformed her competitor, Plain Dealer reporter Shaheen Samavati, by a significant margin.  Click here to see the final results and Mimi's reflections on the contest.
 
Bob Smith, President and CEO, wrote an editorial regarding ways to safeguard against securities fraud.  The article appeared inthe Forum section of The Plain Dealer on Sunday, December 28, 2008.  Click here to read Bob’s piece. 
 

 

 
 
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