Kevin Simpson

Retirement, Investing, Lifestage Based Planning
92%
Helpful
1
Answers
23
Articles
25
Followers
“Kevin Simpson is the Founder and CIO of Capital Wealth Planning, LLC and manages over $800 million in equity income strategies that feature a covered-call overlay.”
Firm:

Capital Wealth Planning

Job Title:

Founder and Chief Investment Officer

Biography:

Kevin Simpson has been the President and Chief Investment Officer of Capital Wealth Planning, LLC since establishing the firm in 2005. 

Originally from Philadelphia, Pennsylvania, Kevin has been investing in options since he began his career at W.H. Newbold's Sons & Co. in 1992. Subsequently he spent 7 years with Wheat First Butcher Singer (later Wells Fargo) where he helped institutions and high-net worth individuals plan and achieve their financial goals through option centered strategies. Following his time at Wheat First Butcher Singer Kevin spent several years at Sterling Financial before establishing Capital Wealth Planning.

Over the years Kevin has shifted Capital Wealth Planning away from a financial planning orientation to an established investment management firm offering separately managed ETF and Equity portfolios that are complemented with a yield enhancing covered call strategy.

A graduate of The George Washington University majoring in Finance, Kevin applies institutional investment management strategies to diversified equity and option portfolios.

Education:

BA, Finance, George Washington University

Assets Under Management:

$750 million

Fee Structure:

Fee-Only

CRD Number:

2250499

Disclaimer:

Capital Wealth Planning, LLC only transacts business in states where it is properly registered or in compliance with applicable state regulations. Individualized responses that involve actual or contemplated securities transactions or the rendering of personal investment advice for compensation will not be made absent compliance with all applicable investment adviser regulation requirements. Please contact the sender if there are any questions. Capital Wealth Planning, LLC is an SEC registered investment advisory firm located in Naples, Florida. Capital Wealth Planning and its representatives are in compliance with the current registration requirements imposed upon registered investment advisors by those states in which it maintains clients. Capital Wealth Planning may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. Past performance is not a guarantee of future returns. Investing in options involves risk that must be considered and reviewed with a professional prior to investing. This brochure is not intended for the giving of investment advice to any single investor or group of investors and no investor should rely upon or make any investment decisions based solely upon contents of the brochure. Before engaging in the purchase or sale of exchange-traded options, investors should understand the nature and extent of their rights and obligations and be aware of the risks involved, including the risks pertaining to the business and financial condition of the issuer of the underlying stock. Listed options are not suitable for all investors. Prior to buying or selling options, a person must be provided with and review a copy of CHARACTERISTICS AND RISKS OF STANDARDIZED OPTIONS. A copy of this document may be obtained from Capital Wealth Planning, LLC Compliance Department, 1016 Collier Center Way, Naples, Fl 34110 The statistical information included in this report is based on a model portfolio. It represents the hypothetical results that one may have achieved using this strategy for the specified time period.

All Articles
Sort By:
Most Helpful
last month
May 2017
    Real Estate, Personal Finance
6 days ago
    Financial Planning, Personal Finance
August 2017
    Personal Finance, Financial Planning
September 2017
    College Tuition, Lifestage Based Planning, Personal Finance

All Answers
Sort By:
Most Helpful
    Retirement Savings, Investing, IRAs
Is selling covered calls considered a high risk strategy to generate retirement income?
0% of people found this answer helpful

Surprisingly, covered call writing would be less-than-ideal for your objectives. (And, I say this from someone who sells calls for a living.)  Covered calls can actually reduce the risk of a portfolio.  The criticism against this strategy is that it can potentially forfeit some of a stock’s upward trajectory.  If a stock exceeds your strike price, you will be selling the position.  For many investors, covered call writing is a great way to generate extra income and create a modest hedge.  However, for an aggressive investor, seeking higher returns with a higher risk profile – a long-only strategy with the potential for greater upside capture may be a better way to go.

June 2017