ridgeworth.com - All Funds http://www.ridgeworth.com/news/feed A Feed from RidgeWorth Financial en teamddm.com ridgeworth.com - All Funds http://ridgeworth.com/includes/files/base/images/ridgeworthfunds/ridgeworthfunds.gif http://www.ridgeworth.com/news/feed <![CDATA[Bloomberg - Investing in Municipal Bonds (video)]]> http://www.executiveinterviews.net/players/mini/default.asp?order=U12812 Mon, 11 May 2009 00:00:00 -0400 Mon, 11 May 2009 00:00:00 -0400 http://www.executiveinterviews.net/players/mini/default.asp?order=U12812 <![CDATA[Impact of Government Stress Test Results]]> http://www.ridgeworth.com/communications/news-commentary/?newsID=187 Thu, 07 May 2009 00:00:00 -0400 Thu, 07 May 2009 00:00:00 -0400 http://www.ridgeworth.com/communications/news-commentary/?newsID=187

Today, the U.S. Treasury released the results of the stress test it performed on the 19 largest U.S. banks. Our parent company, SunTrust Banks, Inc. ("SunTrust"), has been deemed to be well capitalized by Tier 1 capital standards even under the "more adverse-than-expected" scenario prepared by the Treasury. However, SunTrust has been asked to augment the common equity portion of its capital base by $2.2 billion. For a more in-depth commentary about this, please visit suntrust.com.

Given this information, it is likely that SunTrust and its subsidiaries will continue to be subject to regulations
imposed on firms that participated in the TARP program, potentially including regulations that affect employee
compensation. Washington has not provided clarity on the topic of compensation. We are optimistic that the U.S.Government will not find issue with our compensation structure, but we are not relying on our optimism and we are working to address this concern.

SunTrust's Executive Management has been clear that its asset management business is a strategic priority.
Management has further stated that it will take all appropriate actions to preserve and enhance the value of
RidgeWorth for our clients, including the retention of key investment professionals. This could mean changing
the components of these professionals' compensation through strategies ranging from meaningfully raising base
salaries to granting equity ownership in RidgeWorth.

In fact, we have already launched the process of granting RidgeWorth equity from SunTrust to the principals and investment personnel, which we began preparing for in mid-2008. In addition, we have employment contracts in place with many key investment and management personnel. The combination of having employment contracts and granting ownership interests is a very significant step toward providing the necessary alignment among clients, RidgeWorth, and SunTrust.

Although we cannot always predict actions the government will take, our primary focus will continue to be earning and maintaining our clients' confidence regardless of the external forces at work.




© 2009 RidgeWorth Capital Management, Inc. RidgeWorth Investments is a trade name used by RidgeWorth Capital Management, Inc., and is a service mark of SunTrust Banks, Inc.

RidgeWorth Capital Management, Inc. is an investment adviser registered with the SEC. All information contained herein is believed to be correct but accuracy cannot be guaranteed. Past returns are not indicative of future results. Comments and general market related projections were based on information available at the time of writing, are for informational purposes only, are subject to change without notice, and may not be relied upon for individual investing purposes. RidgeWorth Capital Management and its employees do not provide tax or legal advice.

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<![CDATA[Seix Investment Advisors Perspective [download]]]> http://www.ridgeworth.com/includes/modules/news/controllers/fileDownload.php?id=184 Tue, 21 Apr 2009 00:00:00 -0400 Tue, 21 Apr 2009 00:00:00 -0400 http://www.ridgeworth.com/includes/modules/news/controllers/fileDownload.php?id=184