Find out how we got here and key milestones along the way.
Samson Wang with his parents and younger brother embarks on a month-long voyage by ship to the United States. Leaving professional lives and most of their belongings behind in Taiwan and China, the family settles in New Jersey. The two brothers learn English and earn good marks in school. Sam goes on to earn a B.A. in International Economics at Yale College and an M.B.A from Columbia Business School.
Sam’s career trajectory advances quickly at the Bank of New York where he becomes the youngest Director of Research and Senior Vice President in the bank’s history – and its history dates to 1784, when it was founded by Alexander Hamilton. Over 200 institutions subscribe to the bank’s research.
Sam founds Beacon Capital Management, a subsidiary of The Bank of New York, and serves as President and Chief Investment Officer for 10 years. He manages the bank’s pension and outside clients including the Dow Jones Profit Sharing Plan, Melville Corporation, and Children’s Aid Society.
Sam is renown for protecting the Bank of New York’s pension and other clients before 1987’s Black Monday. Barron’s subsequently wrote, “Samson Wang is one of Barron’s favorite portfolio managers… Sam is his own man in the market, unswayed by popular delusions and the madness of crowds.” CFO magazine dubbed him “Wiseman of Wall Street.”
Sam leaves the bank so he and his wife Pauline can chase their American dream by establishing their own business, Runnymede Capital Management, an independent fee-only investment advisory firm. Among the firm’s first clients are an allocation from the Bank of New York’s pension fund, a Taft-Hartley Plan, and high net worth individuals.
Andrew Wang joins Runnymede bringing experiences from Thomson Financial Services where he was an earnings analyst and NECX Global Electronics Exchange where he was a trader.
Runnymede issues a Financial Hurricane alert and takes action to protect clients’ accounts from the technology bubble that will burst in 2000-2002.
Chris Wang joins Runnymede bringing his experience from the College Retirement Equities Fund where he served as a securities analyst and assistant portfolio manager to the $16 billion growth account.
Runnymede begins offering investment management services to captive insurance companies.
Runnymede issues a Financial Hurricane alert and takes action to protect client assets.
The Runnymede Blog is launched to educate investors.
Runnymede begins offering advisory and consulting services to 401(k) plan sponsors. The Runnymede 401(k) Advisor Blog is launched.