Terry B. Prillaman
Mr. Prillaman came into the business in 1983 as an investment advisor with Prudential Bache Securities, Inc.. After 8 years he founded an independent advisory firm and has worked strictly for clients ever since. His background in stocks, bonds, options and managed accounts has now spanned 30 years.
The equity collar program was officially launched in 2009 as a result of the turbulence in the investment markets. There were very few options for investors who wanted liquidity and a means of protecting the value of their accounts. Prior to 2009, most investors would seek shelter during bad markets in money market accounts, however, when interest rates dropped below 1%, there were very few viable options in which to turn. With 25 years of experience in the stock market, Mr. Prillaman formally launched the Equity Collar program and it has been a valuable program for many investors.