Celebrating 35 Years of Investment Management Excellence at CEF Advisors

Celebrating 35 Years of CEF Advisors

Closed-End Fund Advisors (CEF Advisors) proudly celebrates its 35th anniversary on March 19, 2025, marking over three decades of excellence in investment management. Founded on March 15, 1989, in Santa Barbara, California, by a trio of partners including the charismatic Frank A. Cappiello, CEF Advisors has evolved into a prominent authority in the closed-end fund sector.

From its inception, the firm has focused on crafting customized, income-oriented portfolios for high-net-worth investors while also serving as a trusted consultant for fund sponsors, hedge funds, and institutional investors.

Honoring a Legacy

The journey of CEF Advisors has been significantly shaped by influential figures in the investment industry, particularly the late George Cole Scott III, who played a crucial role in its expansion. Recognized as a pioneer in the closed-end fund arena, George's contributions to investment research and advocacy carved a niche for CEF Advisors as a leader in the investment community. He held a vital position at the firm from 1996 until 2019, mentoring emerging professionals and laying a robust foundation for the company’s ongoing success.

A Vision for the Future

Under the stewardship of current owner and Chief Investment Officer, John Cole Scott, CEF Advisors continues to expand its footprint in the industry. John, a second-generation investment professional with 25 years of experience, emphasizes data-driven investment strategies and thought leadership. His expertise is also reflected in CEFData.com, a premier industry database, and the Active Investment Company Alliance (AICA), a non-profit trade association he founded to enhance education and collaboration in the sector.

Working alongside the skilled Portfolio Manager Daniel Silver, CFA, and a dedicated team of analysts, CEF Advisors remains committed to maintaining high standards of excellence in investment management. The firm's rigorous research methodologies, proprietary benchmark indexes, and comprehensive industry insights ensure they deliver outstanding results for clients worldwide.

Looking Ahead

As the firm commemorates this significant milestone, CEF Advisors is steadfast in its commitment to innovation and exceptional client service while driving progress within the closed-end fund landscape. The past 35 years represent a journey of growth, resilience, and a fervent dedication to investment excellence. John Cole Scott expressed his sentiments: "We are privileged to celebrate 35 years of serving our investors with a unique and specialized approach. As we reflect on our storied past, we are equally excited about new opportunities and our role at the forefront of the industry."

For further insights into CEF Advisors and its offerings, visit www.cefadvisors.com.

About CEF Advisors

Closed-End Fund Advisors (CEF Advisors) is a fee-based, SEC-registered investment advisory firm specializing in closed-end funds (CEFs), business development companies (BDCs), and interval funds. Established in 1989 and headquartered in Richmond, Virginia, CEF Advisors has consistently been at the forefront of CEF investing, research, and advocacy for over 35 years.

The team is dedicated to providing tailored portfolio management, in-depth research, and precise, hand-compiled data to empower both individual and institutional investors, ensuring they have access to expert guidance in navigating the complexities of closed-end fund investing with clarity and integrity.