Once | Fee-Only Financial Planners Long Island

Once

Charles Stein

Steven Roge, who buys mutual funds for clients, said the ballooning of Heebner’s assets in 2008, when CGM Focus had net deposits of $3.3 billion through August after soaring 80 percent the previous year, convinced him there were better places to invest.

“When a fund attracts assets that quickly, we worry about a manager’s ability to handle it,” said Roge, whose Bohemia, New York-based firm, R.W. Roge & Co., oversees $200 million.

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