Firm History
Edge began providing investment management services in 1939, including one of the first 50 mutual funds in the U.S. This mutual fund was called the Composite Bond Fund, which was the initial predecessor to what is now known as the Principal Equity Income Fund.
Edge was originally called The Bond Research Corporation and was one of the first registered investment advisers in the northwest. The company’s name changed over the years as a result of acquisitions to eventually become Edge Asset Management in December 2006.
Key dates in Edge’s history include:
1939 – Investment management services provided to the Composite Bond Fund
1944 – Company incorporated in Washington State
1968 – Company registered with the SEC
1996 – Asset allocation strategies are registered1, eventually becoming known as the Strategic Asset Management Portfolios
1998 – Name was changed to WM Advisors, Inc.
2006 – Principal Financial Group acquired WM Advisors and rebranded as Edge Asset Management
2018 – Edge became a standalone equity team within Principal Global Investors
Today – Edge manages over $16.2 billion
1 Established by Sierra Investment Services Corp., later acquired by Company in 1998.