Experience

Sound Income Strategies

• United States
• Financial Services
• 1 - 100 Employee

• Equity Portfolio Manager - Co-Chief Investment Officer

  • May 2020 - Present

  Current focus is on investing in yielding, under-priced, catalyst driven equities. At SIS, I manage two yield-oriented equity portfolios, an equity ETF (DIVY), co-manage a REIT sleeve for a multi-asset yield oriented portfolio, and write a monthly equity investment newsletter for advisors who invest their clients' capital in our funds. Also present to and interact with advisor clients and participate in company and investment department management. In 2021 DIVY was ranked in the top 5% of… Show more Current focus is on investing in yielding, under-priced, catalyst driven equities. At SIS, I manage two yield-oriented equity portfolios, an equity ETF (DIVY), co-manage a REIT sleeve for a multi-asset yield oriented portfolio, and write a monthly equity investment newsletter for advisors who invest their clients' capital in our funds. Also present to and interact with advisor clients and participate in company and investment department management. In 2021 DIVY was ranked in the top 5% of Large Cap Value funds by Morningstar. In 2022, it was ranked in the top 4%. Show less



Arbiter Partners

• Senior Research Analyst

  • May 2013 - Jun 2019

  New York, NY Senior member of an 8-person team that finds, evaluates & invests on the long and short side, for an all-cap, global, value hedge fund / family office with $1B in AUM. Generalist with a particular focus on industrial, business services, technology, consumer and materials stocks.



Loews Corporation

• United States
• Investment Management
• 100 - 200 Employee

• Senior Equity Portfolio Manager - Head of Equities

  • Dec 2004 - Jan 2013

  New York, NY Department head and principal equity PM on two internal funds that collectively outperformed the S&P 500 for 7 of 8 years. The Value fund outperformed by an avg. of 3.4%/yr. over 8 years; Yield by 1.5%/yr. over 3 years. Led and coordinated research, trading and dept communications for 4-person equity research team. Evaluated M&A, private equity, strategic investments and other corporate projects for senior management. Responsibilities included: • All aspects of security selection. •… Show more Department head and principal equity PM on two internal funds that collectively outperformed the S&P 500 for 7 of 8 years. The Value fund outperformed by an avg. of 3.4%/yr. over 8 years; Yield by 1.5%/yr. over 3 years. Led and coordinated research, trading and dept communications for 4-person equity research team. Evaluated M&A, private equity, strategic investments and other corporate projects for senior management. Responsibilities included: • All aspects of security selection. • Managing portfolios, within corporate constraints. • Communicating positions and research with management. • Presenting equity perspectives on morning call. • Working with other investment department teams. • Interfacing with Street and company managements. Show less



KR Capital Advisors

• Vice President / Partner

  • Jun 2000 - Nov 2004

  New York, NY Stock analyst and head of marketing for asset management firm. Evaluated mid and large cap value stocks for pension and hedge fund accounts with $2B in assets. Portfolio out-performed the S&P 500 by: 23.1% in ’00, 9.7% in ’01, 1.1% in ’02, 6.0% in ‘03 & 3.4% in '04. Delivered value by: • Finding, analyzing & recommending stocks. • Monitoring portfolio holdings. • Writing monthly client letters and economic briefs. • Marketing products / Interfacing with consultants. •… Show more Stock analyst and head of marketing for asset management firm. Evaluated mid and large cap value stocks for pension and hedge fund accounts with $2B in assets. Portfolio out-performed the S&P 500 by: 23.1% in ’00, 9.7% in ’01, 1.1% in ’02, 6.0% in ‘03 & 3.4% in '04. Delivered value by: • Finding, analyzing & recommending stocks. • Monitoring portfolio holdings. • Writing monthly client letters and economic briefs. • Marketing products / Interfacing with consultants. • Communicating with clients and management teams. • Managing admin. projects (data, website, RFPs). Show less



PGIM Investments

• United States
• Financial Services
• 200 - 300 Employee

• Senior Equity Analyst

  • Dec 1998 - May 2000

  Newark, NJ Analyzed small and mid cap value stocks for mutual funds with $1B in assets. The Small Cap fund ranked in the 18% Morningstar percentile, when closed in May 2000. Acted as a generalist, with primary responsibility for Energy, Insurance, Chemical, Printing and select Technology stocks. Helped to drive the fund's performance higher by: • Evaluating, & recommending undervalued stocks. • Monitoring existing investments. • Providing marketing support. • Working with traders… Show more Analyzed small and mid cap value stocks for mutual funds with $1B in assets. The Small Cap fund ranked in the 18% Morningstar percentile, when closed in May 2000. Acted as a generalist, with primary responsibility for Energy, Insurance, Chemical, Printing and select Technology stocks. Helped to drive the fund's performance higher by: • Evaluating, & recommending undervalued stocks. • Monitoring existing investments. • Providing marketing support. • Working with traders, brokers, and company managements. Show less



Progressive Capital Management

• Equity Portfolio Manager

  • Apr 1996 - Nov 1998

  Darien, CT Co-managed a $600MM all-cap value portfolio that included foreign and private equity positions. The portfolio out-performed an equally blended mix of the S&P market cap value indices but trailed the S&P 500. Created value by: • Stock selection & portfolio construction. • Trading stocks via sell side and Instinet. • Communicating portfolio status to firm management. • Performing strategic analyses for parent company.



Bear Stearns Asset Management

• Vice President - Small & Large Cap Value Analyst

  • 1994 - 1996

  New York, NY Part of three-man team managing $3B in large cap and $300MM in small cap stocks. These portfolios out- performed their benchmarks every year since inception. Contributed to team by performing fundamental equity research, including: • Identifying and presenting undervalued stock ideas. • Monitoring and evaluating existing investments. • Formalizing the investment process. • Voting proxies & providing client support.



National Westminster Bank

• Banking
• 100 - 200 Employee

• AVP - Business Strategies Group

  • Jun 1993 - Oct 1994

  Jersey City, NJ Developed and delivered project management, corporate investment analysis and internal consulting services for senior management. Successful projects included: • Analyzing and proposing the NYCE/Yankee 24 merger. • Helping establish a Delaware subsidiary. • Evaluating alternative delivery channels, such as iTV and ATMs. • Revising the Bank’s Head Office structure. • Developing plans to relocate the Bank’s back office. • Writing cost and process reengineering briefs.



Asset Management

• Financial Services
• 200 - 300 Employee

• Senior Financial Analyst / Wealth Management

  • 1988 - 1991

  Parsippany, NJ Developed financial plans for ultra high net worth families. Received letters of praise from clients and management for delivering outstanding service and results. Generated results for clients and the firm by: • Creating financial statements and CF projections. • Making investment and asset allocation decisions. • Analyzing benefits, insurance, and tax opportunities. • Performing alt-scenario financial security analyses. • Presenting projects to clients. •… Show more Developed financial plans for ultra high net worth families. Received letters of praise from clients and management for delivering outstanding service and results. Generated results for clients and the firm by: • Creating financial statements and CF projections. • Making investment and asset allocation decisions. • Analyzing benefits, insurance, and tax opportunities. • Performing alt-scenario financial security analyses. • Presenting projects to clients. • Coordinating proposals with other professionals. Show less