Donald Serek is a Managing Director and Head of the Investment Grade Portfolio Management team for NYL Investors LLC. With more than 23 years of investment experience, he is responsible for managing all multi-sector third-party fixed income portfolios, including retail mutual funds and institutional separate accounts. Prior to joining the Firm in 1997, Mr. Serek was a senior analyst in the high-grade credit group of Citigroup Securities and held various positions in Citibank’s International and Latin American banking groups. Mr. Serek also holds the Chartered Financial Analyst designation. Mr. Serek has a BBA in Finance and Economics from Temple University.
Donald J. Bird is a Senior Managing Consultant, working with the Multi-Asset Class Management (MACM) team to help serve clients in the Eastern U.S. in developing strategies, guidelines, and policies on how best to manage their assets. He is highly knowledgeable in the field, with over 12 years of experience and a deep understanding of the Outsourced CIO model.
Prior to joining PFM, he spent eight years at a Philadelphia-based Outsourced CIO provider, most recently serving as an Investment Officer working with clients with assets from $10-$350 million. Don worked with clients in the Endowments & Foundations space both in Philadelphia and in Texas. Previous to that, Mr. Bird was a consultant with a major asset management firm, working with high net worth investors to analyze their investment objectives, suitability, risk tolerances and asset allocation decisions.
He holds multiple certifications, including a CFP® (Certified Financial Planner) designation and FINRA series 3, 6 & 65. Mr. Bird also serves as a career mentor and liaison at Temple University and sits on the Board of Directors of the Boys Latin of Philadelphia Charter School.
Donald earned his Bachelor of Business Administration from Temple University’s Fox School of Business and his MBA at LaSalle University School of Business. He has also completed an Executive Program for Financial Planning at Terry College of Business, University of Georgia.
Tim Buckman currently serves as the Interim Chief Financial Officer of Sunrise Transportation Holdings, the 24th largest student transportation company in the US, and a portfolio company of LMZ Partners.
LMZ Partners is a startup private equity firm focused on opportunistic debt and equity investments in companies with EBITDA between $2 and $20 million. Tim is an associate at LMZ where he works on all aspects of investment activities.
Prior to joining LMZ, Tim worked for Deloitte Transactions and Business Analytics. In the Business Valuation group at Deloitte, Tim was responsible for advising companies on financial and strategic issues including mergers and acquisitions, restructuring, wealth & tax planning, and financial reporting.
Tim received his BBA from Temple University’s Fox School of Business. At Temple University, Tim was the President of the William C. Dunkelberg Owl Fund and had the honor of addressing his classmates as the Fox School of Business student commencement speaker.
Phil Marchese is a founding partner of the Heritage Wealth Management Group at Morgan Stanley in Philadelphia, Pennsylvania. The team provides wealth management services to entrepreneurs, company executives, and their families. They evaluate and implement strategies and solutions for these clients as their businesses evolve from start-up, through growth phases, capital raises, and in preparation for successful ownership succession, liquidity events, and sale transactions. The team shares a mutual belief in “doing unto others as you would have others do unto you” and operates with three core tenets: capital should be managed prudently, with integrity, and transparently. Phil has earned his Certified Financial Planner Designation and is a Chartered Financial Analyst Charterholder. He is also a Family Wealth Director at Morgan Stanley, The team believes in comprehensive wealth management encompassing the entire range of clients’ assets and liabilities in concert with their lifestyle and legacy goals. This requires a knowledge and awareness of clients’ potential opportunities to invest in operating businesses, direct real estate holdings, and private equity co-investment so that their publicly-traded investments fit within their overall risk tolerance and liquidity needs. It also necessitates a close working relationship with clients’ legal and accounting teams to facilitate an efficient management of estate planning, risk management, and tax strategies. Phil received a B.A. from Saint Joseph’s University and graduated cum laude while participating on Saint Joseph’s lacrosse team and earning academic all-conference honors.
Note that this event will be held in association with the Financial Management Association.
Phillip Stefano is an Equity Research Associate Deutsche Bank, where he covers Property & Casualty Insurance and Insurance Brokers. Before joining Deutsche Bank, he was a Senior Equity Research Associate at Citi, where he covered Property & Casualty Insurance and Insurance Brokers, along with Broadlines and Food & Drug Retailers.
Prior to entering equity research, Phillip was a Senior Financial Analyst and Senior Reinsurance Analyst at Aon Benfield. Before Aon Benfield, Phillip was an Actuarial Consultant at Ernst & Young.
Phillip earned his Bachelor of Business Administration in Actuarial Science from Temple University’s Fox School of Business and his MBA at NYU’s of Leonard N. Stern School of Business.
Mr. Brunner joined The Swarthmore Group in 1998. He has more than twenty nine years of experience in the investment industry. Prior to joining The Swarthmore Group in 1998, Mr. Brunner was an analyst and assistant portfolio manager for PNC Equity Advisors Company. Mr. Brunner holds a B.B.A. degree in Finance from Temple University, and an M.B.A. degree in Finance from Widener University. He is a member of the Owl Fund Advisory Board for Temple University. Additionally, he served as past President of the Board of Trustees and currently serves on the Investment Committee of Episcopal Community Services. He has earned the right to use the Chartered Financial Analyst (CFA) designation.
Wade Wescott, CFA, is a Portfolio Manager for Glenmede Investment Management LP. In addition to managing the Large Cap Value products, he conducts fundamental equity research in the Energy and Consumer Cyclicals sectors. Mr. Wescott joined the parent company, The Glenmede Trust Company, N.A. (GTC) in 2006.
Prior to joining GTC, Mr. Wescott was a research analyst at Delaware Investments, with stock selection responsibilities for the Consumer Staples, Energy, and Basic Materials sectors in the Large Cap Value portfolios. Before that, he served as a senior research analyst at Gartmore Global Investments, also following large cap securities in the Consumer Cyclicals sector.
Previously, Mr. Wescott managed Large Cap Value portfolios at Blackrock Inc., and the American Reinsurance Co. for approximately six years. He followed small and mid-cap value stocks for almost a decade at Reams Asset Management to begin his career.
Mr. Wescott received an M.B.A. from Indiana University, and he received an M.S. in Economics from the University of Illinois at Champaign-Urbana. He earned a B.A. in Economics from Rowan College of New Jersey.
A member of the CFA Institute (formerly AIMR, the Association for Investment Management and Research), Mr. Wescott and his family reside in Thornton, Pennsylvania.
Tom Raymond is a director of investments for Abbot Downing. He is responsible for asset allocation and manager analysis. Tom works closely with clients to develop customized portfolios that meet their unique objectives. He is also a voting member of the Abbot Downing Asset Allocation Committee.
Tom joined Calibre, a legacy organization to Abbot Downing, in 2006 from Wilmington Trust Investment Management where he was an investment officer serving as the primary investment liaison for clients helping to construct and analyze portfolios.
Tom graduated from Drexel University’s MBA program with honors (Beta Gamma Sigma). Additionally, he is a holder of the right to use the Chartered Financial Analyst® designation. He received a Bachelor of Science degree from Pennsylvania State University, University Park Campus. Tom also has a Masters of Taxation from Villanova University.
Tom has served as a macroeconomics instructor at Warren County Community College in New Jersey, along with guest lecturing at Temple University, Drexel University, and Penn State University. He has been published and/or quoted in the Pennsylvania CPA Journal, Philadelphia Inquirer, Philadelphia Estate Planning Council, and The Wall Street Journal on a broad array of topics including hedge funds, investor turnover, and water investments.
Tom is a member of the St. Anastasia’s (Newtown Square, PA) finance council and participates in the Penn State Alumni Admissions Volunteer Program and the school’s Smeal College Mentoring Program. Tom is also active with his high school, Archmere Academy (Claymont, DE).
Tom is also author of the book The Eloquent Investor, which is available on Amazon.
As senior vice president of corporate communications and investor relations at Radian Group Inc., Emily Riley directs investor relations, public relations and brand strategy for Radian.
Ms. Riley first joined Radian in 1995 and served in various corporate communications, investor relations and reputation management roles until 2007, when she joined Rohm and Haas Company as manager of financial communications. Ms. Riley returned to Radian in 2009, and was promoted to her current role in 2013.
Ms. Riley holds a bachelor’s degree in communications from Rutgers University and a master’s degree in corporate public relations from Rowan University. She is a member of the National Investor Relations Institute (NIRI) and serves on the Board of the Philadelphia Chapter.
Ed joined Janney in 1996. He is an Executive Vice President/Wealth Management with Stedmark Partners, is an Accredited Wealth Management Advisor and a member of the Firm’s CEO Roundtable.
Ed is listed as one of America’s “Top 1,000 Financial Advisors” in the February 2013 Special Edition of Barron’s and the 2014 (“Top 1,200 Advisors”) issues. Ed was recognized in the 2011 and 2012 editions of the Reader’s Choice section of SmartCEO Magazine as a Top Wealth Manager. On November 12, 2010, the Philadelphia Business Journal named Ed as one of the “Top Financial Advisors in Greater Philadelphia” and in the December 2006 and 2007 editions of On Wall Street Magazine, he was listed among the country’s “Top Advisors Under 40.” Along with Mark Eskin, Ed received Janney’s 2007 “Financial Consultant Award of Excellence,” the Firm’s highest honor, for outstanding dedication and commitment to clients. He was a founding member of the Firm’s Blue Bell branch and served as its Assistant Branch Manager.
He is a member of the Philadelphia Estate Planning Council. Ed has spoken at the SIFMA Conference (Securities Industry and Financial Markets Association) on the topic of team building among financial service professionals. Ed has been a frequest speaker at local Universities on a range of financial topics. Ed is a board member and serves on the Executive Committee of the Eastern Pennsylvania/Delaware Regional Chapter of the Anti-Defamation League. He has also served on the board of Congregation Beth Tikvah-B’nai Jeshurun and was the chair of the Adult Education Committee. Ed is an active member of the National Multiple Sclerosis Society, Greater Delaware Valley Chapter Planning Team for the MS City to Shore Bike Tour, and teaches bike safety as a certified instructor with the League of American Bicyclists.
Owl Fund Newsletter Fall 2015
Suzanne Dugan is a Managing Director at Citi in Institutional Equity Sales. She has been in Institutional Equity sales for over 25 years. She leads a five person team that is responsible for equity relationships between Citi and Trowe Price, Blackrock, St of NJ Pension, Dupont Pension, Delaware Macquarie, Turner Investments and other local asset managers, hedgefunds, pensions in the mid atlantic.
Clayton Slivka graduated in 2012 from SUNY Buffalo with a Bachelor in Finance and Marketing. He entered Thomson Reuters upon graduation as a Buyside Associate. During the last three years, he went through the positions of Client Specialist, New Business Direct, Sales Specialist – Commodities and Energy and Account Director – position he occupies since July 2014. Clayton Slivka will come to the Owl Fund to give us his insights on life after graduation and on Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals.
Maris Ogg is a founding principal of Tower Bridge Advisors. Her primary role is that of an analyst and portfolio manager and she is a member of the firm’s Investment Committee. She also oversees the daily activities of the firm. Prior to joining Tower Bridge, Ms. Ogg was a founder, president and Chief Investment Officer of Radnor Capital Management. Most recently she served as Director of Research for the investment firm, Boenning & Scattergood and she held the same position at W.H. Newbolds from 1986 to 1989. Ms. Ogg is a past President of the Financial Analysts of Philadelphia and served as the Easter Region Representative for AIMR. She was a member of the Board of Directors of Boenning & Scattergood. Ms. Ogg received her BS in Finance and MBA from The Ohio State University.
Mr. Sheppard has nearly 30 years of experience in the financial services industry, and has held a variety of positions at firms serving both institutional and private clients. He was previously with NorthStar Asset Management, a wealth management company serving individuals, families, endowments and foundations, where he was responsible for portfolio management, equity strategy and research. Prior to NorthStar, Mr. Sheppard was a Vice President at Credit Suisse First Boston where he was responsible for equity sales and trading for middle market accounts in the Mid Atlantic Region. Before joining Credit Suisse First Boston he was a Managing Director at Deutsche Bank Alex Brown where he headed the Philadelphia Institutional Sales Office.
Rich is responsible for the general oversight of Friends Fiduciary’s various pooled investment funds. He provides due diligence and analysis on issues related to asset allocation, manager performance and reporting, and socially responsible investing (SRI). Rich also plays a central role in FFC’s relationship management and marketing strategies.
A 30-year veteran of the investment industry, Rich has experience in the major facets of investment management including portfolio management, equity research and new business development. He has worked with various faith-based organizations since 1999, investing their portfolios in a socially conscious manner.
Suzanne Dugan has been in Philadelphia Institutional Equity sales for 25 years. She leads a five person team that is responsible for equity relationships between Citi and Trowe Price, Blackrock, St of NJ Pension, Dupont Pension, Delaware Macquarie, Turner Investments and other local asset mgrs, hedgefunds, pensions in the mid atlantic.
Joe Arns has been a research analyst at Tower Bridge Advisors since 2008. Prior to Tower Bridge, Joe spent three years at Bank of America Securities as an equity research analyst covering the media industry. Prior to Bank of America, Joe spent two years doing equity research at the Susquehanna Financial Group. Joe began his career as an investment banking analyst at Citigroup and graduated with a B.S. from the Wharton School of Business at the University of Pennsylvania.
This week the TUIA is hosting Andrew Williams, CIO and Portfolio Manager at Philadelphia International Advisors, LP. Mr. Williams has thirty-one years of investment industry experience and is the founder of PIA’s strategy. As CIO, Mr. Williams oversees the investment team at PIA and is involved in portfolio management and research functions. Prior to PIA, Andrew Williams served as the Director of Research for The Glenmede Trust Company. Prior to that, he was Vice President of investment research at Lehman Brothers in New York and Research Analyst at Provident National Bank (now PNC Bank). Mr. Williams received his B.A. from Trinity College and his M.B.A from Temple University.
This week the TUIA is hosting Daniel Cook, Senior Portfolio Manager at The Swarthmore Group. Mr. Cook manages the firm’s Core Equity and Large Cap Growth Equity strategies and is a member of the Investment Policy Committee. Prior to joining the Swarthmore Group, Mr. Cook was Managing Director, Portfolio Manager and founding member of StoneRidge Investment Partners, LLC where he covered the Information Technology and Communication Services sectors for Large and Small Cap securities. Prior to StoneRidge, Mr. Cook was a member of the equity portfolio management team with Meridian Investment Company. Mr. Cook has a B.S. degree in Business Administration with a major in Accounting from West Chester University.