Paul M. Wendee & Associates, LLC is a boutique investment banking and management consulting firm; and an investment adviser registered with the State of California. Paul M. Wendee & Associates, LLC specializes in the creation of value for business and non-profit enterprises and in helping investors recognize value for the building of wealth.
Dr. Paul M. Wendee
Paul is the Managing Director of Paul M. Wendee & Associates, LLC, a corporate finance, private equity, and management consulting firm. The firm is also an investment adviser registered with the State of California. In addition to corporate finance and management consulting, the firm’s consulting activities have included fundamental equity analysis and research, quantitative research, convertible securities research and analysis, technical research, investment management, due diligence and valuation services to securities broker/dealers, hedge funds, money managers and investment banking firms. Paul was the President and majority owner of South Lake Avenue Securities Corporation, a boutique investment banking, management consulting, mergers & acquisitions (M&A), business appraisal, investment management firm and FINRA registered broker-dealer headquartered in Pasadena, California. Paul was the founding project manager and the Vice President of Administration of Evergreen Realty REIT, Inc. Paul was Director of Equity Research for Skye Investment Advisors, LLC, where he was responsible for fundamental equity analysis, research and valuation. Paul was the Director of Research and the Director of Corporate Finance at Brookstreet Securities Corporation. In this capacity, he had overall responsibility for corporate finance; equity research; due diligence; direct participation programs (real estate, oil & gas, equipment leasing, etc.); and Investment Advisory product analysis, selection and development. Paul also co-managed the Corporate Finance Department and was Director of Due Diligence for First Affiliated Securities. Paul was a portfolio manager with Harris Trust Bank of Arizona, a wholly‑owned subsidiary of Harris Bankcorp in Chicago, where he managed in excess of $100 million in personal trust and employee benefit (profit sharing and pension) investments.
Paul earned his Bachelor of Science degree in Economics and Administrative Studies (Graduation with Honors and Distinguished Military Graduate) and his Master of Administration in Business degree with emphases in Finance and Marketing from the University of California, Riverside. He was awarded an Army R.O.T.C. Scholarship and served as an officer in the United States Army. Paul earned his Doctor of Business Administration (DBA) degree from the University of Phoenix. He created a new theory in finance and wrote his doctoral dissertation entitled, A Theory of Value Drivers: A Grounded Theory Study, on the new theory. He is a Certified Financial PlannerTM Professional, a Certified Business Intermediary and holds the following inactive securities registrations: General Securities Representative (Series 7), General Securities Principal (Series 24), Investment Banking Representative (Series 79), and Registered Investment Advisor (Series 65 – active). Paul also holds an inactive Arizona Real Estate Salesperson License.
Paul founded the Value Driver Institute and Research and Educational Expedition Programs (VDI/REEP), a non-profit organization with a mission to conduct research on enterprise value driver theory and the enterprise value creation process; and to take the business incubator concept to places in the world where business incubators are not commonly found, but where they are needed the most. The Value Driver Institute and Paul have introduced the business incubator concept to many groups and individuals on a world-wide basis. A previous VDI/REEP expedition organized and accompanied famed astronomer John Dobson on an astronomy expedition to Death Valley, CA.
Paul is a Member the National Association for Business Economics (NABE) and the International Business Brokers Association, Inc. (IBBA); and is a past member of the Direct Investment and Membership Committees of the Securities Industry Association (SIA). He has written investment related articles for the Tucson Citizen and been quoted in numerous publications including The Wall Street Journal, USA Today, The San Diego Union‑Tribune, The Wall Street Transcript, Buyside Magazine, and Wall Street Research Magazine. His article on Economic forecasting, “A Simple and Effective Economic Forecasting Model,” was published in Strategic Investor Relations (a publication of Institutional Investor). He wrote an article on financing equestrian enterprises for California Riding Magazine entitled: “Grassroots enterprise financing is one of several funding sources for equestrian endeavors.” He is a winner of The Wall Street Journal’s Experts Vs. Darts stock picking contest. Paul is the Department Chair of the College of Arts & Sciences and the Graduate School of Business and Management at Argosy University’s Orange County Campus. Paul has taught courses in finance, including courses in security analysis and portfolio management, as a member of the Adjunct Faculty at National University and other universities. Paul also teaches finance and management courses at DeVry University’s Keller Graduate School of Management. He is an Adjunct Faculty Professor, an Entrepreneur-In-Residence and Senior Mentor advising entrepreneurial students at Chapman University. He is an Entrepreneur-In-Residence at the University of California, Irvine and an Adjunct Professor at Cal State LA. Paul also is an Adjunct Faculty Professor at California Baptist University, where he has taught finance and economics. He was a volunteer instructor at Los Angeles-based Chrysalis, a non-profit organization dedicated to creating a pathway to self-sufficiency for homeless and low-income individuals. Paul is a frequent speaker at various workshops, symposiums and conferences speaking on a variety of topics. Paul is the editor and publisher of the Intrinsic Value Wealth Report (IVWealthReport.com), an investment newsletter.
The Cassandra Stock Picking Model that Dr. Wendee developed was the winner of the Wall Street Journal’s Experts vs. Darts Stock Picking Contest (July 8, 1999). The Cassandra Stock Picking Model was developed over a number of years and put into use in 1994. Please see the Track Record and Intrinsic Value Wealth Report model portfolios for the investment results. The pages that follow show the results of the Wall Street Journal’s Experts vs. Darts Stock Picking Contest (July 8, 1999).
Page 1 of the contest results WSJ0708A
Page 2 of the contest results WSJ0708B