SEATTLE--(BUSINESS WIRE)--June 11, 2001--Richard Helm has joined
WM Advisors, Inc., the advisor to WM Group of Funds, as manager of the
mutual fund family's Equity Income fund.
Helm, who is a Chartered Financial Analyst with more than 15 years
of investment management experience, began managing the fund in March.
"We are pleased to have Rick join our outstanding team," said Bill
Papesh, president of WM Advisors. "His depth of experience and
excellent track record will add to one of the finest mutual fund teams
Before Helm joined WM Advisors as a vice president and senior
portfolio manager, he spent two years in the same capacity with
Northwestern Trust and Investors Advisory Company in Seattle, where he
managed the firm's value fund and was a member of the company's
investment strategy committee.
He was vice president, director, and portfolio manager with TD
Asset Management Inc. from 1997 to 1999 in Vancouver, British
Columbia, and before that was director of international investments at
Parametric Portfolio Associates in Seattle. Before that, he spent
several years working for Morgan Stanley Asset Management and its
affiliates, in Chicago, London and Tokyo as portfolio manager and
Helm earned a bachelor's degree from the University of Colorado,
Boulder, and a master's of business administration (MBA) degree in
finance from the University of Denver.
He is a member of the Association for Investment Research, the
Seattle Society of Financial Analysts, the International Society of
Financial Analysts, and the Bainbridge Island Parks Foundation.
WM Advisors, Inc. is a subsidiary of Washington Mutual, Inc. With
a history dating back to 1889, Washington Mutual, Inc. (NYSE:WM) is a
national financial services company that provides a diversified line
of products and services to consumers and small- to mid-sized
businesses. At March 31, 2001, Washington Mutual and its subsidiaries
had assets of $219.93 billion. Washington Mutual currently operates
more than 2,300 consumer banking, mortgage lending, commercial
banking, consumer finance and financial services offices throughout
the nation. Washington Mutual's news releases are available at
||Washington Mutual, Inc.
||Alan Gulick, 206/377-3637