Judith McGee has been ranked by Barron’s Top 1,200 Financial Advisors every year since 2009, and has been number one in Oregon since 2014.
“McGee has plenty of experience in constructing socially responsible portfolios. It’s hard work identifying ethical-minded investments that also provide good returns, but sometimes there’s a happy convergence. Recently, McGee, 73, created a portfolio for a client who wanted zero holdings in fossil fuels. ‘His position was minus energy, so you can imagine he has done better than other people,’ says McGee. Working with her daughter and two granddaughters, McGee mostly constructs more traditional portfolios. She’s particularly fond of blue-chip stocks and plain vanilla corporate bonds and Treasuries. One disappointment over the past year was the performance of a fund of funds of alternative investments that was supposed to defend the portfolio against equity volatility but instead trended toward the same or greater volatility. ‘If we’re putting an asset allocation together to mitigate risk, every player in the portfolio has to do the job they were hired to do,’ she says. ‘We got rid of them.'” — MICHAEL SISK
“In 1979, four years after starting as an advisor, McGee became one of the first female certified financial planners. Today she leads a 15-person team that manages nearly $430 million for 973 clients. She has no plans to stop. ‘I’m still loving this life,’ she says. McGee likes client portfolios to have lots of liquidity, and she may incorporate liquid alternatives, or investment vehicles designed to provide non-correlated returns without hedge funds’ lock-up periods. “Liquid alts” have taken off as investors seek protection against market drops. After 40 years, McGee recognizes when investors are making familiar mistakes. These days, ‘it’s chasing returns,’ she says. “it’s the same old same old.’ She has authored several books on investing and is now writing about fighting poverty. —STEVE GARMHAUSEN
Disclaimer: Barron’s financial newspaper, published by Dow Jones & Co., produced the listings of distinguished advisers by weighing specific criteria such as assets under management, revenues generated for their firms, and the overall quality of practices. Regulatory records are examined and extensive questionnaires are filled out by the advisors themselves.