ROGER PALLEY is the National Director of Value Strategies at Wells Fargo
Private Client Services Investment Team. Prior to joining the firm, he
co-owned and was President and Chief Investment Officer of Palley-
Needelman Asset Management, Inc., a large cap value investment
management firm based in Newport Beach, California. Mr. Palley began his
career on Wall Street in 1964 in economic research, securities research
and portfolio management. He was associated with Dreyfus & Company as
well as with Oppenheimer & Co. Mr. Palley joined the Title Insurance
Company in Los Angeles in 1970 as a Portfolio Manager and Analyst. In
1980, he moved to Winrich Capital Management in Newport Beach,
California, where he became a Principal, Senior Investment Officer and
head of the Client Services Division. Active in his community, he was
awarded Outstanding Philanthropist by the National Society of Fund
Raising Executives in 1998. He was Chairman of the Board of Trustees of
the Pegasus School in Orange County and is currently on the Finance
Committee of the school. Mr. Palley earned his Bachelor’s degree in
Business Administration at the University of Denver and a Master’s
degree in Finance from California State University, Long Beach. He also
earned a Master’s degree in Accounting from the University of Southern
California. Mr. Palley became a Chartered Financial Analyst in 1975.
Roger Palley - Wells Fargo & Co.
May 28, 2001