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Clerk’s money manager is 75-year-old former manager of $6 billion bond portfolio, Lehman stockbroker
John Kannengieser makes $86,000 a year in his position at the Clerk's Office. Regulators and securities law experts say typically someone doesn't have to be registered as an investment advisor if he or she is only advising an employer.
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Reporting by: Gina Edwards
Dateline: Naples, Fla., Sept. 25, 2014
Contact Gina Edwards at 239-514-1336 or by email at ginavossedwards@gmail.com
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