ALFRED A. LAGAN, CFA - Chairman
Alfred Alphonsus Lagan Born: 1935
• New York University Graduate School; M.B.A., Investments; 1964
• Iona College; B.A., Economics; 1956
Mr. Lagan received his Bachelor of Arts degree in Economics with a minor in Philosophy from Iona College in 1956. While working at Bankers Trust he attended the New York University Graduate School of Business Administration where his studies focused on investments and international business. In 1964, he received his Master of Business Administration degree with distinction.
• Congress Asset Management; Chairman; from 07/1999 to Present
• Congress Asset Management; President; from 01/1985 to 06/1999
• Putnam Advisory Company; Senior Vice President; from 01/1974 to 12/1984
• Bowery Savings Bank; Senior Vice President; from 02/1968 to 12/1973
• Congress Trust National Association; Vice Chairman; from 12/2006 to 11/2009
• Congress Trust National Association; Chairman; from 12/1997 to 12/2006
• Congress Trust National Association; President; from 12/1997 to 02/2002
• Congress Wealth Management; Director; from 04/2009 to Present
Mr. Lagan is the founder of Congress Asset Management Company, LLP. After four years service in the U. S. Navy, he joined Bankers Trust Company in New York as an Investment Associate in the Trust Department. In 1964 he joined Burnham & Co. (predecessor firm to Drexel Burnham Lambert) as an Investment Associate. In this role, he reported to the senior partners of the firm, researched potential investments for them, assisted in management of client portfolios, and communicated with clients. He also assisted in the management of 2 offshore funds, Worldwide Fund NV and Worldwide Fund Ltd., which were set up to manage investments of foreign clients. In1972, he joined the Bowery Savings Bank as Vice President Investments where he managed the bank's stock portfolio, reporting to the Executive Vice President and the Investment Committee of the Board. He was promoted to Senior Vice President in 1973. In 1974 he joined Putnam Capital Management as Senior Vice President and Director specializing in the investment management of smaller corporate pension funds under management. In1984, he left Putnam and founded Congress Asset Management. He remains the Chairman of Congress Asset Management and is Chairman of the Board of Congress Wealth Management, LLC.
Alfred Alphonsus Lagan earned the following designation(s) and is in good standing with the granting authority:
• CFA; CFA Institute; 1972
The CFA designation is an international professional certification offered by the CFA Institute to financial analysts who completed a series of three examinations, possessed a bachelor's degree from an accredited institution (or had an equivalent education or work experience), and at that time had 36 months of qualified professional work experience. CFA charter holders are obligated to adhere to a strict Code of Ethics and Standards governing professional conduct.
Mr. Lagan is Chairman of the Board of Congress Wealth Management, LLC. Alfred Alphonsus Lagan does not receive commissions, bonuses or other compensation on the sale of securities or other investment products. He is not engaged in any other business or occupation that provides substantial compensation or involves a substantial amount of his time. Alfred Alphonsus Lagan does not receive any economic benefit from a non-advisory client for the provision of advisory services.
Alfred Alphonsus Lagan has no reportable disciplinary history. He is Chairman of the Board of Congress Asset Management Company, LLP and is subject to the Company's Code of Ethics and the Company's written Compliance Program.
Supervisor: N/A Title: N/A Phone Number: 617-737-1566