Gerald L. Passaro

Wachovia Capital Management (WCM) invests primarily in the stocks of US large-cap companies in the health technology, consumer non-durables, energy minerals and finance sectors. The firm maintains a very low turnover rate. WCM's Advantage approach incorporates traditional equity and fixed-income managers, as well as alternative investments in hedge funds, real estate, commodities and private equity funds. The firm coordinates both asset allocation and manager selection with a focus on the efficiency and correlation of the investment managers they use.

Functions as a state commercial bank

State commercial bank

The private company is based in Knoxville, TN. The company offers a range of mortgage solutions including conventional, jumbo, FHA, USDA rural housing, DSCR investor loans, adjustable-rate mortgages, construction, commercial financing, portfolio, and banking loans. REFG operates primarily through referrals and a low-cost model without junk fees, providing personalized mortgage services statewide and nationwide. The company focuses on transparent, accurate upfront pricing tailored to each client’s financial situation and supports clients with resources such as mortgage news, calculators, FAQs, and online applications. Real Estate Finance Group (REFG) is a mortgage lending company founded in 2001. Neal Bailes, the founder and CEO, also manages real estate investments through Zeus Capital Investments.