Philip Morris International Inc
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Consumer Staples : Tobacco | Large Cap Value
Company profile

Philip Morris International Inc. is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada. The Company's portfolio of international and local brands is led by Marlboro. Its mid-price brands are L&M, Lark, Merit, Muratti and Philip Morris. Its other international brands include Bond Street, Chesterfield, Next and Red & White. The Company also owns various local cigarette brands, such as Dji Sam Soe, Sampoerna and U Mild in Indonesia; Champion, Fortune and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

Closing Price
$74.45
Day's Change
-0.41 (-0.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
75.37
Day's Low
74.31
Volume
(Below Average)
Volume:
3,823,431

10-day average volume:
4,637,869
3,823,431

Jeffrey Fratarcangeli Ranked Among Top 100 Wealth Advisors In The U.S. By Barron's And Forbes

7:30 am ET September 21, 2020 (PR Newswire) Print

Jeffrey Fratarcangeli, managing principal of Fratarcangeli Wealth Management of Wells Fargo Advisor Financial Network, has been recognized in the top 100 of Forbes' America's Top 250 Wealth Advisors1 and Barron's Top Independent Advisors2 in the U.S. for 2020. Fratarcangeli was ranked No. 69 by Forbes and No. 37 by Barron's, which includes the top 100 advisors in the country.

Earlier this year, Forbes ranked Fratarcangeli third on its annual Best-In-State Wealth Advisor list3, making his practice the highest ranked single practitioner practice in Michigan. Since then, Fratarcangeli has moved up the list from third to second in the state according to Forbes.

"For the past 25 years, I have had the privilege of helping hundreds of clients pursue their personal and professional financial goals and preserve their wealth," said Fratarcangeli. "Since 2015, our practice's assets under management have doubled, and I attribute that growth to the trust we've earned from our clients, and our solid track record of helping clients navigate financial complexities and succeed."

This is the fourth consecutive year Fratarcangeli has been ranked among Forbes' Top Wealth Advisors and the sixth time he has been included in Barron's Top 1,200 Advisors4 ranking. Fratarcangeli has also been ranked among Financial Times' Top 400 Advisors5 since 2018.

The Forbes Top 250 Wealth Advisor ranking is developed by SHOOK Research and is based on an algorithm of qualitative criteria and quantitative data, including revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. According to Barron's, its ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms, and the quality of the advisors' practices.

Fratarcangeli and his team manage more than $1.8 billion in assets as of Sept. 1, 2020, and his clients include high net-worth families, athletes and entertainers, publicly traded companies, foundations, government agencies and many more. The practice is comprised of 14 individuals with more than 100 years of combined experience. To learn more about Jeffrey Fratarcangeli and Fratarcangeli Wealth Management, visit www.fratarcangeliwealthmanagement.com or call 248.385.5050.

Investment and Insurance Products:   - NOT FDIC Insured   - NO Bank Guarantee   - MAY Lose Value

Fratarcangeli Wealth Management:Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), Member SIPC, a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company. Fratarcangeli Wealth Management is a separate entity from WFAFN. [Practice Name] associates referenced, when registered, are registered with Wells Fargo Advisors Financial Network, LLC.

(C)2020 Wells Fargo Advisors Financial Network, LLC. All rights reserved. CAR #0920-02018

1 The Forbes America's Top 250 Wealth Advisors ranking algorithm is based on industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK Research, LLC, which does not receive compensation from the advisors or their firms in exchange for placement on a ranking. Investment performance is not a criterion.2 The Barron's Top 100 the ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms, and the quality of the advisors3 The Forbes Best-in-State Wealth Advisors ranking algorithm is based on industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK Research, LLC, which does not receive compensation from the advisors or their firms in exchange for placement on a ranking. Investment performance is not a criterion.4 The Barron's 1,200 Financial Advisors rankings are based on data provided by thousands of advisors. Factors include in the rankings were assets under management, revenue produced for the firm, regulatory record and client retention.5 The Financial Times Top 400 Advisors rankings are based on data provided by investment firms. Factors include assets under management, experience, industry certifications, online accessibility and compliance record. Investment performance and financial advisor production are not explicit components.

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SOURCE Fratarcangeli Wealth Management

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