Nominations!

Who would you like to learn more about or what insights can you share? 

Nominate yourself or a colleague.

Ray Sicard, CFA, CFP®
Financial Advisor, Ameriprise Financial Services, Inc.
September 2019

Career Path:

After graduating with a degree in Economics, I started my career at Fidelity Investments. While at Fidelity, I took financial planning courses and earned the CERTIFIED FINANCIAL PLANNERTM practitioner designation. My career then transitioned to the institutional side as I worked at two institutional consultancies and developed my institutional skill set. This is when I became a CFA Charterholder. From there, I worked in investor relations at two firms before joining Ameriprise Financial as a Financial Advisor in 2018.

Current Position and Responsibilities:

I am currently a Financial Advisor with Ameriprise Financial Services, Inc. I assist individuals, families, and small business owners with achieving short-term and long-term financial goals through a comprehensive financial planning process. In addition, I help institutions with investment policy statement development, asset allocation, manager selection and monitoring.

Career Development Recommendations:

I recommend you follow your passions with your career aspirations. That could be working with people or working with numbers every day, just enjoy what you do and you will be successful. Always follow the CFA Institute Code of Ethics and Standards of Professional Conduct when working with clients, co-workers and employers.

CFA Society Boston Membership History:

After working in investor relations for a hedge fund and private equity firm in Boston, I first got involved with the Alternative Assets Committee. Shortly after that, I got involved with the Financial Literacy Committee and am actively involved with the Financial Literacy initiative. I helped to establish a volunteer partnership between Junior Achievement and the CFA Society Boston. In addition, I organized and led a series of Financial Literacy courses that were taught at the Cathedral High School in the South End.

CFA Society Boston Membership Recommendations:

Try to participate in more events and join programs at CFA Boston. Those are great opportunities to meet and work with incredible people. You will not only gain experience and networking opportunities but also be inspirited to see the world in different ways.I recommend you get involved by volunteering your time for the CFA Society Boston initiatives. This could be giving back to your community through teaching Financial Literacy courses or mentoring someone who is a candidate in the CFA Program.

Future Benefits of CFA Society Boston Membership:

I plan to continue to be a mentor in the mentorship program and to continue working with the Financial Literacy Initiative. I also plan to attend some of the lunch and learn seminars where industry professionals discuss topics relevant to the financial markets.

Additional Comments, Words of Wisdom, or Favorite Quote:

Don't be afraid to take risks. As Franklin D. Roosevelt said in 1932, “The only thing we have to fear, is fear itself.”

Feel Free to Contact Me:

Ray.Sicard@ampf.com

Wenliang Hou, CFA
Senior Research Advisor, Center for Retirement Research at Boston College
August 2019

Career Path:

I gained my first experience in finance through a summer internship program at MassMutual in Hong Kong. This experience helped me to realize my passion for applying math and programming skills to solve challenges in the financial services industry. After passing all preliminary actuarial exams and obtaining my Masters in Actuarial Science at the University of Nebraska-Lincoln, I joined the Center for Retirement Research at Boston College. While working there as a Senior Research Advisor, I became a CFA charterholder, earned associateship in the Society of Actuaries (ASA), and also began pursuing a doctorate at Boston College. Now I am also a doctoral candidate with a major in Economics, focusing on the fields of Finance and Econometrics.

Current Position and Responsibilities:

As a Senior Research Advisor at the Center for Retirement Research, my primary duty is to design, develop, and conduct research projects for topics such as retirement preparedness, annuities, pension plans, and long-term care insurance. My other responsibilities include serving as principal investigator to apply for research grants, supervising operations of projects, coaching Research Associates on investigative methods, and authoring research papers and publications. As a doctoral candidate, I am writing my dissertation to explore the ranking of retirement risks for households and to study the discrepancy between actual risks and subjective perception.

Career Development Recommendations:

Be open to new areas and ideas and never stop learning new skills. They may not seem to be relevant to your career right now, but eventually, they are all connected. Networking is also important. CFA Society Boston has various programs and activities for you to meet new people and make friends.

CFA Society Boston Membership History:

I received my CFA charter in 2017 and became a member of CFA Society Boston. Since then, I have participated in the Financial Literacy Initiative and presented various financial literacy topics at events held at the Boston PIC (Private Industry Council) and Boston Public Libraries. These volunteer opportunities offer me a way to give back to CFA Society Boston and the general investing public. Currently, I am working to improve financial literacy content and delivery for the initiative by building a module system which organizes materials by topic.

CFA Society Boston Membership Recommendations:

Try to participate in more events and join programs at CFA Boston. Those are great opportunities to meet and work with incredible people. You will not only gain experience and networking opportunities but also be inspirited to see the world in different ways.

Future Benefits of CFA Society Boston Membership:

First, I am always looking to find more ways to engage in volunteer activities in the financial literacy program. Second, I also hope that one day, I will have the opportunity to be a mentor in the CFA mentorship program and help others in their career growth. I am currently a mentee of the program, where I have been able to build professional rapport with my mentor and to learn more about the financial fields I'm interested in.

Additional Comments, Words of Wisdom, or Favorite Quote:

When I had lunch with Warren Buffett, he told me that the best investment in his life was his wife. That might be a joke, but my take away from his words is the importance of family. Balancing career and family may not be easy, but sacrificing family life for a successful career is most likely not a smart move.

Feel Free to Contact Me:

whou22@gmail.com

Michelle A. Shell, CFA
Doctoral Candidate, Harvard Business School
July 2019

Career Path:

When I graduated from high school, I participated in a summer internship program at Bear Stearns in New York. I was placed on the currency exchange desk. It was my first intimate exposure to the world of global finance and the power that this industry has in changing people's lives. While completing my undergraduate studies at MIT, I had internships at Oppenheimer & Co. and Citibank. Soon after graduating, I made the shift to the asset management with a product development position at State Street Global Advisors where I primarily worked on designing new college savings product and business lines.

After completing my MBA at Harvard Business School, I spent almost 10 years in several product management and development capacities at Fidelity Investments, spanning multi-asset class mutual funds, financial planning tools and managed accounts.

Finally, after a brief stint at LPL Financial, I returned to Harvard to pursue a doctorate in Technology & Operations Management, where I conduct research to understand how the deployment of new technologies affects customer engagement, particularly in emotional service settings. My first paper examines customer behaviors using online portfolio tools during market downturns and the implications to their trust in financial firms.

Current Position and Responsibilities:

As a doctoral candidate, I conduct both laboratory and field experiments working with firms to understand their challenges with engaging their customers and to test service designs and other operational procedures that might make a difference. The purpose of the work is to uncover deeper insights about why we observe phenomenon in customer behaviors so that we can make operational design choices that accomplish both company goals and customer goals. As an academic who seeks to make an impact on company practices, my hope is that my research will produce new knowledge that I can share with the world.

Career Development Recommendations:

Get out of your comfort zone: attend events, take on volunteer opportunities that allow you to meet new people and demonstrate your skills, and ask lots questions. This is the way to stimulate creative thinking, build new knowledge and create bridges to new networks that may present opportunities that you could never have dreamed up on your own.

CFA Society Boston Membership History:

I first became involved with CFA Society Boston as a scholarship recipient and teaching assistant for the CFA Exam prep program in 2004. I've been an active member attending events and CFA conferences since earning my charter in 2006. Recently, I've joined the financial literacy initiative as a volunteer and alliance leader.

CFA Society Boston Membership Recommendations:

CFA Society Boston and CFA Institute offer so many ways to showcase your talents, build skills and a network of supporters that will help build your career. Maybe all you can do in the early stages of your career is to attend events here and there - that's ok, attend events. Over time, you'll identify the areas and initiatives you are most passionate about so that you can target your volunteer efforts, and you will have built a network of support along the way.

Future Benefits of CFA Society Boston Membership:

I intend to continue my involvement with financial literacy. I believe strongly that economic development is the most critical driver to building a more sustainably inclusionary society — and it begins with greater financial literacy.

Additional Comments, Words of Wisdom, or Favorite Quote:

One of my favorite quotes is: "Live as if you were to die tomorrow. Learn as if you were to live forever." — widely attributed to Mahatma Gandhi.

Feel Free to Contact Me:

mshell@hbs.edu

Adam Sherman, CFA, CAIA
Investment Risk Oversight Analyst within the Fiduciary and Investment Risk Oversight Team, Wells Fargo
June 2019

Career Path:

My journey began at Binghamton University where I was a Mathematical Sciences major. My love for analytical challenges led me to seek a career where the skills gained as a math major could be applied every day. I then enrolled at the University of Rochester for my Masters in Finance to bridge the academic gap between the math major and my future career in finance. After graduation, I started my career at JP Morgan in the Alternative Investment Services group. This role was a great opportunity to learn at a large institution early in my career. I sought a new challenge that was more aligned with my quantitatively-focused passions and accepted a role at Putnam Investments. At Putnam, I was Product Information Analyst, focusing primarily on Global Asset Allocation and Hedge Fund products.

Current Position and Responsibilities:

I am currently an Investment Risk Oversight Analyst within the Fiduciary and Investment Risk Oversight team at Wells Fargo. Our team provides enterprise-wide investment risk oversight for Wells Fargo's buy-side lines of business.

In this role, I provide investment risk insights to team leadership. In addition, I create, analyze and communicate the results of stress test scenarios based on historical and current events, execute analysis around market trends across various asset classes, and quantify the complex into simple metrics that can be communicated to senior management.

Career Development Recommendations:

Be curious! I have learned the most by taking on projects outside of my comfort zone that sparked an interest and curiosity. These opportunities allowed me to collaborate and learn from individuals that are outside of my typical day to day interactions. A senior leader has ingrained the notion that “we are all analysts”; investment professionals learn the most by being inquisitive, collaborating and learning from the experiences of those around them. I have absorbed so much from my manager, who has encouraged exposure to new undertakings, allowing me to grow more than I would have ever imagined.

CFA Society Boston Membership History:

After receiving my CFA charter in 2017, I became a member of CFA Society Boston and have been actively engaged. I have served on the Member Value Committee for the past two years, participated in the Mentorship Program, the Young Leaders Committee and attended numerous educational meet ups. These engagements have provided me the opportunity to work with and meet incredible people, while also giving back to CFA Society Boston.

CFA Society Boston Membership Recommendations:

  1. Network — The professional network I have developed has provided me with invaluable advice and guidance throughout my career. Many of those relationships began at a CFA Society Boston event. Take advantage of the wide range of programming the Society has to offer, you never know who you will meet!
  2. Always seek ways to improve. — As someone that has focused on building my technical/analytical skills through the CFA and the CAIA programs, I have been looking for ways to improve my soft skills. In today's world, there seems to be a growing focus on communicating results and impacts from large data sets quickly and efficiently. To improve my communication skills, I recently founded a Toastmasters club at Wells Fargo and serve as the club's President. This has been a tremendous opportunity to continue to improve my leadership and soft skills.

Future Benefits of CFA Society Boston Membership:

I plan to continue to be involved with the Member Value Committee, Young Leaders Committee, and attend many of the programs the Society has to offer.

Additional Comments, Words of Wisdom, or Favorite Quote:

“If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” — John Quincy Adams

Feel Free to Contact Me:

adamcsherman@gmail.com

Xi Zhao, CFA
Business Development, Spinnaker Analytics LLC
May 2019

Career Path:

I studied Financial Analysis at Shanghai University of International Business and Economics, where we frequently learned concepts from CFA Level 1 textbooks. This was the first time I learned about the CFA designation and it sparked my interest in pursuing a career in the financial services industry. After receiving my Masters Degree in Economics from Boston University, I began working at Spinnaker, a boutique management consulting and predictive analytics firm whose clients are Fortune 500 companies in insurance, banking, and asset management. Over the last 9 years, I have worked on a variety of projects, including mergers and acquisitions, financial modeling, scenario planning, enterprise transformation strategy, process improvement, etc. I also contributed to a 5-year strategic plan for a local non-profit organization by analyzing and projecting financial results.

Current Position and Responsibilities:

Currently, I focus on investment strategy, business transformation and financial modeling initiatives for North American insurance carriers, broker/dealers and investment bankers. I also support predictive analytics product design, marketing and sales activities for financial services companies. I am a member of the Young Professionals' Council for Boston Children's Museum.

Career Development Recommendations:

1) Networking. Make friends, engage with the community, and participate in social gatherings. Make the most of the resources you already have, such as school, community, and CFA Society Boston programs. 2) Persistence. Do not stop trying till you find what fits you best. 3) Never stop learning. Learning helps us stay relevant in this ever-changing world, especially when we work in financial services industry.

CFA Society Boston Membership History:

I learned about CFA Society Boston in 2009 when I received a scholarship from the organization for the Level 1 Exam. After receiving my CFA charter in 2016, I became a member of CFA Society Boston and have been looking for opportunities to further the society's mission. I volunteered for the Financial Literacy initiative in 2017 and was honored to become one of the team leaders for 2018-2019. I work with other volunteer presenters to organize sessions, collect and analyze feedback, share our learning experiences, and improve our presentation materials. I also volunteer at the Data Task Force where I analyze and summarize membership data to help CFA Society Boston better serve its members.

CFA Society Boston Membership Recommendations:

Volunteering at different initiatives is not only a great way to help develop a healthy and strong community, but it also provides you an opportunity to gain new experiences and insights. Attend programs and meet-ups to learn and expand your network.

Future Benefits of CFA Society Boston Membership:

I will keep up with the Financial Literacy Initiative and Data Task Force. I also plan to participate in more networking and "meet-up" events that the Society offers.

Additional Comments, Words of Wisdom, or Favorite Quote:

"The secret of getting ahead is getting started." — Mark Twain

Feel Free to Contact Me:

xi.zhao@spinnakeranalytics.com

Christopher (Chris) Gootkind, CFA
Director of Credit Research, Loomis Sayles & Co., LP
April 2019

Career Path:

After three years of working on Wall St. (the "sell-side") and then getting an MBA, I joined the "buy-side" as a credit analyst at Scudder, Stevens & Clark in Boston. After 13 years there in several roles — analyst, portfolio manager, head of credit research — I moved to Wellington Management as director of fixed income research for six years, and then was a credit portfolio manager there for four-plus years. Since 2010 I've been director of credit research at Loomis Sayles.

Current Position and Responsibilities:

I am currently director of credit research at Loomis Sayles, where I oversee a team of approximately 60 credit analysts. Our team includes analysts in Boston, London, and Singapore, who cover roughly 2,200 credits across the globe, including investment grade, high yield, emerging markets, and municipal bonds, as well as leveraged loans. In leading the team, my responsibilities include making sure our research process is robust and that our analysis and recommendations are helping portfolio managers meet their clients' investment objectives. I also meet regularly with clients and prospects, and serve on several committees at the firm.

Career Development Recommendations:

Be curious. We're fortunate to work in a field with smart, highly ethical and dedicated people. Engage them, and seek and embrace feedback — that's how you'll improve. Find a mentor — formal or informal. Ask questions. Be a good listener. While having some level of expertise is important, continuing to develop new skills and becoming more versatile is vital as our profession faces new and significant challenges.

CFA Society Boston Membership History:

I've been involved with CFA Society of Boston for over 30 years, and in multiple capacities. After getting my CFA charter, I taught a CFA Fixed Income review class for CFA exam candidates in the late '80s and early '90s, and later served on the Board for 12 years, including Chair in 2007-2008. Currently, I am involved with the Society's Women's Initiative. I've also enjoyed, and benefited from, attending many Society events over the years, taking advantage of the rich programming and numerous social gatherings.

CFA Society Boston Membership Recommendations:

Check the Society calendar and read the emails for upcoming programming; I'm so impressed with the breadth and diversity of programs and events that happen during the year. The Annual Market Dinner has terrific and highly-influential speakers. Explore the various volunteer committees and become involved. It's a great way to meet industry peers and "give back" to our great profession.

Future Benefits of CFA Society Boston Membership:

I look forward to attending various programs and educational events that will enable me to keep broadening my skills and perspectives as our profession evolves. And after three-plus decades in investment management, I've made many friends; I look forward to seeing them at CFA Society of Boston events, as well as meeting new members.

Additional Comments, Words of Wisdom, or Favorite Quote:

Investment management is an intellectually challenging and humbling profession. Find that balance between confidence and humility. And demonstrate good Emotional Intelligence ("EQ").

Feel Free to Contact Me:

cgootkind@loomissayles.com

Thalia Meehan, CFA
Independent Director, Safety Insurance
March 2019

Career Path:

I started my career in the credit training program at Bank of New England immediately after graduating from Williams College in 1983. I got into the investment management field, and specifically municipal bonds, in 1985 when I joined Colonial Investments. From there I went to Putnam Investments in 1989 as a tax exempt bond credit analyst. I took over as Director of Tax Exempt Research, and eventually became a portfolio manager and head of the Tax Exempt Group in 2006 until my retirement in December 2016.

Current Position and Responsibilities:

I am currently an independent director for Safety Insurance, where I sit on the Investment Committee. I also serve on the board of Boston Women in Public Finance, and on the Huntington Theatre Board of Advisors.

Career Development Recommendations:

I view CFA Society Boston as an extremely well organized entity that offers a broad range of educational and networking opportunities. Whether information about test preparation, meet-ups, in-depth presentations or training sessions, there are myriad ways to benefit from CFA Society Boston membership.

CFA Society Boston Membership History:

I joined CFA Society Boston in 1990 — immediately after completing the requirements for the CFA designation. It was a long time ago, but I remember those exams like it was yesterday.

CFA Society Boston Membership Recommendations:

The financial services industry is sprawling and complex, with marketing and product development departments often driving the narrative. CFA Institute and local Societies are THE place for thoughtful investment professionals to engage and find educational content that will help separate signal from noise. Anyone seriously interested in helping shape the future of our industry should consider getting more involved in one of the many initiatives at CFA Society Boston.

Future Benefits of CFA Society Boston Membership:

I've been attending the Annual Market Dinner for several years now, and hope to be more active in the Women's Initiative since I'd love to see more women in investment management, and particularly in fixed income.

Additional Comments, Words of Wisdom, or Favorite Quote:

Treat everyone with dignity and respect. Seek out diverse views and the people who hold them. Never make anyone feel invisible. Be intentional in all that you do and say. Remember to have fun along the way.

Feel Free to Contact Me:

tmeehan1@me.com

Andrew Wetzel, CFA
F.L. Putnam Investment Management
February 2019

Career Path:

After graduating from college, I spent time at a mid-sized mutual fund company and a very small RIA, and quickly realized that I wanted to dig deeper into investment management. I started a masters program at BU (MISM 04), started studying for CFA Level I, and took a job as an equity analyst at F.L.Putnam (FLP), all in Q1-2003. I spent four years as a generalist equity analyst and managed the research department. In 2007, I began the transition to portfolio management and have been wearing this hat since.

Current Position and Responsibilities:

I am currently a Portfolio Manager responsible for the management of two equity strategies and custom management of dozens of institutional and private client portfolios. Like all members of our investment team, I am deeply involved in our research effort. I also lead FLP's Sustainable Investing practice, with responsibilities that include setting strategic direction, institutional relationship building, marketing and education across 60% of the firm's asset base and distribution partners.

Career Development Recommendations:

Advances in technology and the rise of passive investing are radically and structurally changing the investment industry. Anyone contemplating a career in investment management or research should think carefully about what this industry will look like in 10 years and build skills that will be valued. While hard skills that combine deep fundamental knowledge and quantitative and programming ability will be key, soft skills will also be increasingly important, so get out there and practice by networking.

CFA Society Boston Membership History:

My first experience with CFA Society Boston was in the fall of 2002 when I took a prep course in quantitative analysis for the Level I exam. Over the last 16 years, I have attended market dinners, networking events, and I'm proud to say, 5 of the 6 Sustainable Investing (SI) conferences. I began working with the SI planning group in 2018 and am very proud of the event we put together in late November last year. I am also involved in helping CFA Society Boston transition from an annual conference to an on-going educational initiative covering all approaches under the SI umbrella.

CFA Society Boston Membership Recommendations:

The financial services industry is sprawling and complex, with marketing and product development departments often driving the narrative. CFA Institute and local Societies are THE place for thoughtful investment professionals to engage and find educational content that will help separate signal from noise. Anyone seriously interested in helping shape the future of our industry should consider getting more involved in one of the many initiatives at CFA Society Boston.

Future Benefits of CFA Society Boston Membership:

I believe there is a tremendous opportunity for CFA Society Boston, the Institute and other large, local Societies to help both professional investors and, increasingly, the broader financial services community find direction in what has become a muddled sustainable investing landscape. I look forward to helping CFA Society Boston shape an SI initiative in 2019.

Additional Comments, Words of Wisdom, or Favorite Quote:

As charterholders, or aspiring charterholders, we should always maintain a firm grasp on high ethical standards, a focus on thoughtful analysis, and a never-ending drive to learn more. These are the qualities that help us differentiate and build trust in a world that at times seems to lose its bearing.

Feel Free to Contact Me:

awetzel@flputnam.com

Susan E. Farris, CFA
CIBC Private Wealth Management
January 2019

Career Path:

I first learned about the CFA designation and decided to pursue a career in investment management when I was in business school. My mentor at that time advised me to start my career on the “sell side” to gain a robust understanding of how markets work. I started out as a fixed income strategist in sales and trading with UBS in Zurich.

After I received my CFA charter, I moved to the “buy side” in private wealth management with Goldman, Sachs in Zurich. Since my clients were from all over the world I got a solid foundation in investing globally. Wealth management has been a good fit for me because it is so multi-disciplinary and I enjoy working with clients. Eleven years ago I moved home to Boston and currently I am with CIBC Private Wealth Management.

Current Position and Responsibilities:

I’m a Senior Relationship Manager with CIBC Private Wealth Management, where I work closely with families to design thoughtful investment strategies that meet their goals and objectives. I head up a team and am responsible for managing investments and client relationships while integrating other aspects such as philanthropy, tax and estate planning, and educating the next generation.

Career Development Recommendations:

I highly recommend gaining international work experience — the exposure to different business cultures and experiences gave me new perspectives and expanded my mindset, which also helps me as an investor.

Read a lot and take advantage of CFA Society Boston programs — not only do they provide valuable continuing education so we can stay current in our field, but they also provide great opportunities to network and meet people with diverse points of view.

CFA Society Boston Membership History:

CFA Society Boston is the third local CFA society I’ve belonged to (after Switzerland and South Florida) and it is the society where I’ve been the most active. I have served on the board since 2014 and currently serve as Treasurer. I also participate in Financial Literacy, the Women’s Initiative, Private Wealth Community, and Mentorship and I try to attend as many programs as possible.

CFA Society Boston Membership Recommendations:

In addition to attending programs and meet ups, I recommend volunteering. Not only is it a rewarding experience but it’s also a great way to get to know other members.

Future Benefits of CFA Society Boston Membership:

Investment management is a rapidly changing field and will continue to be disrupted, so it is more important than ever to keep up with continuing education and the latest trends in finance. CFA Society Boston is a great platform for all this and more.

Additional Comments, Words of Wisdom, or Favorite Quote:

“Since you get more joy out of giving joy to others, you should put a good deal of thought into the happiness that you are able to give.” Eleanor Roosevelt

Feel Free to Contact Me:

Susan.Farris@cibc.com

Will Krause, CFA
The Northern Trust
December 2018

Career Path:

I started as an equities analyst covering healthcare and energy at a small cap growth mutual fund in New York. From there I transitioned to portfolio management in a private wealth context — first at Moody Lynn & Lieberson, then Ballentine Partners, and now The Northern Trust.

Current Position and Responsibilities:

As a Portfolio Manager at Northern Trust's Boston office, I am one member of a multi-family office team that serves the needs of the firm's high and ultra-high net worth clientele. I help align markets and portfolios with the interpersonal and fiduciary dynamics created by wealth.

Career Development Recommendations:

Get involved with your local CFA society. The CFA charter provides more detailed financial knowledge than an MBA, but lacks the social journey implicit in the MBA degree. CFA Society Boston compensates for that deficit by providing a regional social and professional network around the designation. That's valuable, and worth engaging with, but that engagement takes work.

CFA Society Boston Membership History:

I became a member as soon as I moved to Boston in 2013. I have been co-chair of the Financial Literacy Initiative since 2014, helping the initiative grow from its early stages to the 180-volunteer, 19-partner program we have today. I have represented CFA Society Boston at a Regional CFA Institute Meeting of the Americas, attended five of six Sustainable Investing conferences, participated in the Mentorship Program, and frequented lunches, market dinners, and other assorted programs.

CFA Society Boston Membership Recommendations:

Start by finding one group to get intimately involved with. I chose financial literacy, because it also has a philanthropic bent, and was a start-up program when I first volunteered. Through the Financial Literacy Initiative, I have gotten to meet and work with wonderful people, learn about our partner organizations, engage with interesting content, learn more about CFA Society Boston, and see CFA Institute in action. It's been fantastic.

Future Benefits of CFA Society Boston Membership:

I plan to keep up my work with the Financial Literacy Initiative, and I'm proud to say that Boston is the leading local CFA society in the space. I will also continue to participate in the wide array of programs the Society has to offer.

Additional Comments, Words of Wisdom, or Favorite Quote:

Visionary Bostonian Dan Fasciano (and former CFA Society Boston chair) once told me, "Up or out." As in, move up through the organization or get out of the way! (That's my interpretation — hope I didn't butcher it, Dan.) I liked that as a reminder to maintain momentum, and make room for those to follow.

Feel Free to Contact Me:

wk30@ntrs.com

Sarah K. Williamson, CAIA, CFA
FCLTGlobal
November 2018

Career Path:

Prior to joining FCLTGlobal, I spent over 21 years at Wellington Management Company LLP, where I was most recently a Partner and Director of Alternative Investments. Over that time period, I led the development of alternative investments and client solutions, was the Chair of the Wellington Trust Company, opened the San Francisco office, and served in numerous firm leadership roles globally. Before that, I spent several years with McKinsey & Company Inc., the US Department of State, and Goldman, Sachs & Co.

Current Position and Responsibilities:

I am the Chief Executive Officer of FCLTGlobal, a Boston-based 501(c)(3) organization that works to encourage long-term investment decisions by developing practical tools and approaches. We are a Member-based organization; our Members are global asset owners, asset managers,and corporations that share our belief in the importance of long-term investment. My role as CEO is to curate and oversee our robust research agenda and make sure we are actively engaging with our Member organizations across the globe through working groups, research collaboration, and other practical touch-points.

Career Development Recommendations:

Throughout my career, I have served on non-profit investment committees alongside my primary career. CFA charterholders can both add a great deal of value to non-profits by serving on investment committees and learn a great deal by being the "client."

CFA Society Boston Membership History:

I received my CFA charter in the late 1990s and became a member of CFA Society Boston when I returned to Boston from San Francisco in 2003. I have been fortunate enough to attend many of CFA Society Boston's great events over the years, and even had the pleasure of speaking at its Annual Sustainable Investing Conference in 2016.

CFA Society Boston Membership Recommendations:

I value the market outlook and research efforts of CFA Society Boston, as well as its high quality programming and events like the annual Market Dinner.

Future Benefits of CFA Society Boston Membership:

Especially after participating several years ago, I hope to be able to attend this year's Annual Sustainable Investing Conference in November. I'd definitely consider it to be one of the highlights of being a member of CFA Society Boston. In fact, I met one of FCLTGlobal's great hires there!

Additional Comments, Words of Wisdom, or Favorite Quote:

As investment professionals, we have both a duty and an opportunity to focus our efforts on meeting the long-term needs of our beneficiaries. Let's remember that as markets go up and down.

Feel Free to Contact Me:

sarah.williamson@fcltglobal.org

Justin Klosek, CFA
Cambridge Square Capital
October 2018

Career Path:

I’ve always been on the buy side. My degrees are in civil engineering; my programming skills led me to a hedge fund, Long-Term Capital Management, in 1997. I was drawn to the use of quantitative tools and techniques to describe markets and portfolios, and I landed in a great spot to build that knowledge and experience.

Current Position and Responsibilities:

I’m currently a quantitative fixed income and currency portfolio manager and have also held that role at Morgan Stanley, GMO, and Caxton Associates.

Career Development Recommendations:

Network, network, network! Get away from your desk and build those personal connections. There are many different aspects to our business, and it’s fascinating to hear how people approach similar problems in so many different ways.

CFA Society Boston Membership History:

I’ve been a member of the Boston Society since I earned the CFA designation. While at GMO, I helped write some of the fixed-income and derivatives material used in the CFA Review Program.

More recently, I joined the Education and Advisory Council, first as a member (2017) and now as chair (2018). It’s been a great way to give back to the community, and to meet a different set members than I’d normally see.

Future Benefits of CFA Society Boston Membership:

I think the meetups are terrific. I plan to attend more that are outside my comfort zone, to keep growing my knowledge.

Additional Comments, Words of Wisdom, or Favorite Quote:

Careers are long, and it often takes a lot longer for things to evolve than you’d like. Hang in there! Also, be sure to build balance into your days — having an outlet outside work and family is healthy, and will help you ride out the inevitable bumps and troughs at work.

Feel Free to Contact Me:

jtklosek@gmail.com

Firoza Panthaki, CFA
New York Life
September 2018

Career Path:

I started my career in Finance as a fund accountant in the Fixed Income Strategy Group at Putnam Investments. This was my first job out of school, and though it involved long hours, it served as a good foundation for learning fixed income products. After that, I moved to John Hancock Financial Services working in Financial Analysis and Forecasting for the Insurance Company's General Accounts. I appeared for the CFA Exams with two young kids, and though it was challenging to balance work, studying and family all at the same time, I managed to persevere and complete all levels. I almost gave up at one point during Level 3, but I was so close to completion, that I had to push through and finish it. After being awarded the CFA Charter, I moved to the Stable Value Group as Assistant Portfolio Manager. I worked mainly on the product side, but also had the opportunity to review investment managers and perform due diligence on different strategies. Currently, I work for New York Life in Institutional Annuities.

Current Position and Responsibilities:

I work in the Stable Value Investments Group at New York Life as Product Manager. My work entails working closely with many different teams; sales, legal, contracts, record keepers, advisors, investment managers etc. I also perform quarterly reporting, competitive analysis and risk management functions for New York Life's stable value products.

Career Development Recommendations:

Take up challenges, persevere and you will succeed. Keep an open mind and learn new things even though they may not tie directly to the work you are currently performing. Don't forget to take time off to recharge and enjoy yourself at the same time.

CFA Society Boston Membership History:

I have been a CFA Society Boston member since 2006. My favorite part about the membership has been volunteering for CFA Society Boston's Financial Literacy Initiative since 2013. I have presented on Retirement Preparedness and Basics of Investing to various audiences at different venues ranging from libraries to schools. I also participated as a Money Mentor for the Massachusetts State Treasury through this initiative, by consulting with attendees one-on-one on topics related to financial literacy. These volunteer experiences have been a very rewarding and a great way to give back to the community by giving the public an understanding of investments and emphasizing that it is never too early to start planning for retirement.

CFA Society Boston Membership Recommendations:

I enjoy attending the Luncheon Lecture Series whenever I get the opportunity. I find them to be very interesting and since they are scheduled for an hour during lunch time, it does not take away time from work. I also try and attend the CFA Society Annual Market Dinner which is a good networking opportunity with engaging speakers.

Future Benefits of CFA Society Boston Membership:

I hope to attend a CFA Conference some day. I will continue to attend more networking events. I also plan to take advantage of webinars and on-line workshops that the CFA Institute conducts.

Additional Comments, Words of Wisdom, or Favorite Quote:

My favorite quote is "Be Yourself. Those who matter, don't mind and those who mind, don't matter." Be true to yourself. Try not to let other people's opinions take priority in your life. Social media as part of our lives is inevitable; but do not let it validate who you are.

Feel Free to Contact Me:

firozapanthaki@yahoo.com

Michael G. Trotsky, CFA
PRIM
August 2018

Career Path:

My work at PRIM was preceded by a 25-year career in the private sector, most recently as senior vice president and portfolio manager at PAR Capital Management, a Boston-based absolute return strategy fund. Previously, I was a senior analyst at Greenberg-Summit Partners in Boston and also served as a principal and senior vice president at Independence Investment Associates (a John Hancock subsidiary), also in Boston. I began my professional career in 1985 as an engineer at Intel Corporation in California.

Current Position and Responsibilities:

I am the Executive Director and Chief Investment Officer of the Massachusetts Pension Reserves Investment Management (“PRIM”) Board, the entity responsible for investing the $68 billion Massachusetts state pension fund, which contains the assets of the Massachusetts Teachers’ and State Employees’ Retirement Systems as well as the assets of approximately 100 participating municipal and county retirement systems.

Career Development Recommendations:

You will be most successful and you will have the most enjoyment pursuing something you truly like to do. It's a simple piece of advice. But it's one of the most powerful principles upon which to build a successful career.

CFA Society Boston Membership History:

I am a member of the CFA Boston Society’s Board of Directors. Previously, I served as a member of the CFA Institute Board of Governors and as Chairman of the CFA Institute’s Asset Manager Code of Professional Conduct Advisory Committee.

CFA Society Boston Membership Recommendations:

I feel the best feature of the CFA Institute is the continuing education and lifelong learning - particularly the excellent lineup of guest speakers and the constant opportunities to learn new things. It's an excellent resource for members who are working in the investment industry.

Future Benefits of CFA Society Boston Membership:

With 5,800 members, the CFA Society Boston will provide a great opportunity to meet interesting people. It will also provide opportunities for me to learn something new and be exposed to new ideas and perspectives.

Additional Comments, Words of Wisdom, or Favorite Quote:

My favorite quote and really my philosophy in terms of professional life is that "only the paranoid survive." That remark was made famous by the legendary founder of Intel Corporation, Andy Grove. To me it means never rest on your laurels, and always continue to try and do better.

Feel Free to Contact Me:

mtrotsky@verizon.net

Michael Mullin, CFA
Claro Advisors
June 2018

Career Path:

After college, I started in mutual fund custody with State Street. It was a great way to learn the operational side of the business. I knew I wanted to work directly with clients helping them make investment decisions, so I got a job with Merrill Lynch as an advisor. I spent several years managing client portfolios and helped open offices and hire advisors for ML in New Jersey, Colorado and Florida.

I began the process of earning a CFA designation and graduated with an MBA/MSF from Boston College's Carroll School. While at BC, I worked in Private Wealth for Bank NY Mellon and learned a great deal about managing money as a fiduciary. With the encouragement of one of my BC professors, I joined and founded an RIA focusing on individual investors. In 2016, I merged with Claro Advisors.

Current Position and Responsibilities:

At Claro Advisors, we manage over $300 million in portfolios for individuals and businesses. In my role as Chief Market Strategist, I help establish the firm's outlook for the economy and financial markets. I also lead the asset management team in model construction and manager due diligence. For individual clients, I help with financial planning, portfolio construction and management.

Career Development Recommendations:

Focus on what you enjoy and interests you. Whatever that is, your passion for it will lead you to success. Always keep learning.

CFA Society Boston Membership History:

I joined CFA Boston in 2003 and started volunteering in 2010. Through the years I have volunteered on the Economist/Strategist subcommittee and helped arrange the annual Celtics game outings. Currently I am active in Community Ambassadors and the Financial Literacy Initiative. In fact, I'm honored to have just been named as one of CFA Society Boston's Financial Literacy Initiative Co-Chairs.

CFA Society Boston Membership Recommendations:

Try to make the most out of your membership. Don't be passive, be active. There are a lot of great, intelligent people you will meet, share ideas with and help better the industry.

Future Benefits of CFA Society Boston Membership:

I would like to attend as many of the "Meet-ups" as possible. These are great to stay current with what's going on in the investment community and for networking. I want to volunteer more with Financial Literacy. It's a great way to give back to the community and help the investing public.

Additional Comments, Words of Wisdom, or Favorite Quote:

Luck is what happens when Preparation meets Opportunity.

Feel Free to Contact Me:

mmullin@claroadvisors.com

Stephanie Condakes Torski, CFA
Torski Financial Advisors
May 2018

Career Path:

A few years after receiving an MBA from Duke's Fuqua School of Business, I became a registered representative for a large broker dealer. I learned a great deal about investment vehicles and consultative selling to retail investors. I focused on planning and portfolio construction, but lacked the tools to do so effectively.

I began the process of earning my CFA® designation, left the broker dealer and founded a RIA firm serving individual investors under the fiduciary model. Later I joined a larger RIA firm where I was responsible for financial planning and investment strategy and implementation, while leading a small team in client service and operations.

In 2010 I left the RIA to develop a dynamic search engine for identifying fiduciary investment advisors. I sold that business in 2017.

Current Position and Responsibilities:

Currently, I am an independent consultant, who advises private clients on a variety of financial planning matters. I also identify suitable fiduciary investment managers for high net worth individuals.

Career Development Recommendations:

Do what you enjoy. Reach out of your comfort zone. Have fun.

CFA Society Boston Membership History:

I joined CFA Society Boston (then BSAS) while pursuing the CFA designation, which was conferred in 1991. The CFA® Exam preparation courses were outstanding. Over the years I have attended many events and educational programs. Currently I am an active volunteer in the Financial Literacy Initiative, which I enjoy tremendously.

CFA Society Boston Membership Recommendations:

Boston is a city with a huge of CFA charterholders and CFA Society Boston is the best way to meet, network with, learn from and enjoy the company of interesting investment professionals.

Future Benefits of CFA Society Boston Membership:

I will attend learning sessions and continue contributing to the Financial Literacy Initiative.

Feel Free to Contact Me:

stephanie@torski.com

Eric Uchida Henderson, CFA
East Horizon Investments
April 2018

Career Path:

Upon graduation in 1992, I bought a one-way ticket to Hong Kong and soon found an opportunity as a sell-side equity analyst: Emerging Markets in South East Asia with ING Barings and Nomura Securities. In the later 1990s, I returned to Boston as a buy-side analyst to cover different sectors and manage equity portfolios, first with Fleet/Columbia Management and then Independence Investments. Next, I switched from Institutional to Private Wealth at RBS Citizens, and broadened across different asset classes. In 2011, I stepped away from the large companies to start a new firm: East Horizon Investments.

Current Position and Responsibilities:

I position myself as Chief Investment Officer, but every day is different to ensure the business runs as best as it can. Some days I identify and evaluate new investment strategies, securities or execute trades. Other days, I meet with clients to discuss long-term financial plans or recent portfolio returns. I also have to commit time to more administrative duties such as following up with custodians and vendors, or overseeing internal operations like compliance or budgeting.

Career Development Recommendations:

Work for big firms, work for small firms. Work outside of Boston, maybe outside the US! Build up skills in your weaker areas. Try different experiences and actively position yourself outside of your comfort zone. It will help you relate with people from different viewpoints and experiences. Consensus thinking seldom leads to improved outcomes. You need to stay agile and adaptable to the one constant in our industry: change.

CFA Society Boston Membership History:

After taking the CFA exam Levels 1 & 2 in Bangkok, Thailand, I sat for the Level 3 on the Boston University campus in 1998. I've been a proud BSAS/CFA Society Boston member ever since. I've networked and attended many events, participated in programming subcommittees, attended a number of CFA Society Boston Annual Market Dinners and even traveled to a few CFA Institute Annual Conferences in far away destinations.

CFA Society Boston Membership Recommendations:

Give yourself the opportunity to meet people and network. CFA Society Boston events are a great place to build upon connections and/or make new ones. Outside of immediate work colleagues, some of my best contacts, peers and friendships in the industry have come from networking at CFA Society Boston events.

Future Benefits of CFA Society Boston Membership:

CFA Institute offers great programming at the global, national and local levels. Boston is a particularly strong city for its investment and academic communities. I always appreciate the great resources and thought leadership that CFA Society Boston can draw upon for its programming and events.

Additional Comments, Words of Wisdom, or Favorite Quote:

"Treat people with respect." Admittedly, this is the same basic advice I would give to my young kids. We work in a dynamic and fascinating industry, but sometimes the dollars get big — as do the responsibilities, challenges and egos. At the same time, financial markets can be very humbling and in tough times, a little respect can go a long way.

Feel Free to Contact Me:

ehenderson@easthorizoninvestments.com

Clarice Avery (Pepper)
Natixis Investment Managers
March 2018

Career Path:

After graduating from college in 2008, I began my career in the financial industry at State Street in the portfolio accounting group and was there for a little over a year. Since then, I have been with Natixis Investment Managers. I joined Natixis in the legal and compliance group, conducting testing of policies and procedures and managing personnel licensing and personal trading compliance. I transitioned into the advertising review group and began the CFA process. The knowledge I gained from working on the compliance side is invaluable but I knew that I wanted to be more involved on the investment/product side. After passing the level I exam, I had an opportunity to move into the investment strategies group at Natixis, working as an analyst and, more recently, became an investment strategist (product manager).

Current Position and Responsibilities:

In my current role as an investment strategist, I serve 3 main functions: 1) as an advocate for the products I cover and support for internal product initiatives, 2) as the voice of the affiliated investment teams I cover to drive product positioning and messaging throughout the organization and in the external marketplace, and 3) as the bridge between the investment teams and Natixis including sales and their clients, marketing and other internal departments.

Career Development Recommendations:

Always be open to new opportunities and challenges, no matter how large or small. You just might surprise yourself. Don’t be passive in your career or in your daily life, always be proactive and seek out problems you can help solve (I learned this from my boss).

CFA Society Boston Membership History:

Since becoming a charter holder in 2014, I have taken advantage of many of the programs and events that the Society offers. As part of my role focuses on ESG and sustainable investing, I am happy to see that the CFA Institute and Boston Society are offering more programming on this topic and I recently participated in the PRI/CFA Institute Workshop with other participants from across the investment industry and outside the industry.

CFA Society Boston Membership Recommendations:

Attend as many events as you can – even if they aren’t completely relevant for where you currently are. I highly recommend the Sustainable Investing programs that the Society offer each year! Pay attention to to the newsletters, blogs, Financial Analysts Journal, etc. available through CFA Institute and CFA Society Boston, stay up-to-date on upcoming events and programs and expose yourself to the various perspectives from contributing authors. If you’re newer in your career or looking to explore an area you aren’t comfortable with, the industry analysis courses that are offered through the Society are extremely helpful.

Future Benefits of CFA Society Boston Membership:

I plan to continue to take advantage of all of the great learning and networking events that the society puts on and potentially become more involved elsewhere. It is definitely one of the best ways to meet people in the Boston financial community.

Additional Comments, Words of Wisdom, or Favorite Quote:

I heard this quote years ago and it continues to stick with me. “Everyone is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” – I cannot confirm the source of this quote, although some credit it to Albert Einstein. Find your genius.

Feel Free to Contact Me:

clarice.avery@natixis.com

Dr. Richard Michaud
New Frontier Advisors
February 2018

Career Path:

I began my career in finance in Boston after finishing my Ph.D. in mathematics and statistics from Boston University. My thesis was in optimization technology and computer algorithms, a handy set of intellectual tools for most of my career. After working as a professor of mathematics, I began my career in institutional finance as a quantitative research analyst at The Boston Company. Soon after I began my publishing career and became active in presentations at academic and major institutional groups. During this period I developed the pension fund financial planning software used as part of the master trust services of the bank. My most exciting assignment during this period was to be the lead pension fund consultant for a major construction company in San Francisco that required I give a formal presentation to the board at their headquarters in Honololu on the state of their pension plan. I also began my research on long-term asset allocation technology during this period. My career has been interspersed with teaching at Boston University in finance and later at Columbia Graduate School of Business when I moved to New York to become head of Quantitative Investment Services for a Wall Street firm. During this period I became known for my work on stock valuation models. Later I became Head of Equity Analytics at Merrill Lynch where I wrote one of my best known papers on portfolio optimization.

I returned to Boston where I had my longest tenure as a quantitative institutional investment professional at Acadian Asset Management prior to founding New Frontier Advisors, in 1999. My son, Robert Michaud, joined shortly afterward after leaving the Ph.D. program at UCLA in finance.

New Frontier is a global software provider as well as institutional ETF manager for more than thirteen years. I published a book commissioned by Harvard which included a new portfolio optimization technology, formally christened “Michaud optimization” by no less than Dr. Harry Markowitz, the Nobel Prize winner. We have a number of patents that evolved from research in the book. I continue to pursue a very active research, publishing, asset management, and presentation career.

Current Position and Responsibilities:

I am President and CEO of New Frontier Advisors, LLC in Boston.

Career Development Recommendations:

Reliable though common advice is that you follow a career of your interests, passions and education. Education is particularly relevant in technical areas of contemporary finance that often require strong analytical skills in mathematics, financial economics, statistics, and computer technology. However, many areas of business simply require an amazingly scarce commodity called business sense and working and motivating people to do their best. I also think acting classes are not a waste of time in order to give a sense of self-presence in an audience and committee, and psychology and sociology for better understanding motivations of people you are dealing with in business.

CFA Society Boston Membership History:

I have been a long-term member of the CFA Boston chapter. I remember fondly being asked to present ten lectures to the Society on my newly published Harvard book on portfolio optimization and asset management. I am very proud of my great relationship with the chapter and its members.

CFA Society Boston Membership Recommendations:

The chapter is being run by many very talented individuals. It is widely acknowledged as a most innovative and creative chapter in the CFA. It’s a great place to learn and grow.

Future Benefits of CFA Society Boston Membership:

I try to take advantage of the many sponsored chapter presentations as time permits.

Additional Comments, Words of Wisdom, or Favorite Quote:

The CFA Society Boston has been a leader in promoting education and professionalism in finance and business. It has a remarkable record that makes us all proud to be members. I highly value my membership.

Feel Free to Contact Me:

rmichaud@newfrontieradvisors.com

George Hakimeh, CFA
Boston College Treasurer's Office
January 2018

Career Path:

I started my professional career within the Private Markets team at Meketa Investment Group in the Boston area. My role mainly consisted of client reporting, operations and supporting due diligence efforts within the Private Equity, Private Debt, Infrastructure, Real Estate, and Natural Resources asset classes.

Current Position and Responsibilities:

I am currently an analyst at the Boston College Treasurer's Office. I have a generalist role that is focused primarily on the working capital and endowment investments for the university.

Career Development Recommendations:

1) Do not be afraid to ask questions on a regular basis. However, it's a balance -- try not to just pose questions to senior team members without first doing your homework, but at the same time it is entirely acceptable to admit you do not know something and need help.

2) Try to carve out time during quiet periods to have conversations with senior investment staff to get a sense of how they view certain strategies and investments. I try to get as many viewpoints as I can because everyone always has a different perspective.

3) Think critically when doing any assignment in order to understand the “big picture.” It can be tempting to work quickly on a project simply to cross it off your "to do list." Instead, try and step back and truly understand the takeaway message. This can really help your analytical development and improve the effectiveness of your communication skills.

CFA Society Boston Membership History:

I joined the CFA Boston Society in August 2017 and am eager to continue to get involved in member events. My first event was the Charterholder Ceremony where I really enjoyed getting to know other new members in the Boston area as well as the CFA Boston Society staff.

CFA Society Boston Membership Recommendations:

Take advantage of the numerous events the Society organizes throughout the year. The Society website has a well-organized calendar that lists all the upcoming events. Don't be afraid to contact the Society staff with questions as they are very friendly and always willing to help.

Future Benefits of CFA Society Boston Membership:

I look forward to attending networking events, as I always enjoy meeting other Boston-based CFA Charterholders with very different investment backgrounds and experience. I also plan to take advantage of the numerous volunteer opportunities that the Society offers, such as the Financial Literacy initiative.

Additional Comments, Words of Wisdom, or Favorite Quote:

"An investment in knowledge pays the best interest."

CFA Institute has provided me with an educational foundation that I hope to continue to build on for the rest of my professional career.

Feel Free to Contact Me:

george.hakimeh@bc.edu

Heather Young, CFA
Loomis, Sayles & Company
December 2017

Career Path:

My first job out of college was training to manage a bank branch at Bank of America. After a very brief time there, I transferred to BofA's credit training program where I learned how to evaluate companies on the basis of their creditworthiness. I then transferred to Columbia Management, which was then owned by BofA, to become an IG research analyst. This was two years before the financial crisis but just as certain structured investment vehicles were beginning to show some weakness, so I spent much of my time at Columbia learning how to value these opaque structures. I left in 2008 to join Loomis Sayles as a research analyst (covering Telecom and EM), a role I held until I went to MIT for graduate school. After grad school, I worked in early stage venture capital for several years before returning to fixed income asset management, and I rejoined Loomis Sayles in early-2016.

Current Position and Responsibilities:

As a member of Loomis Sayles' Bank Loan Team, I review and recommend position sizes for primary and secondary loans and high yield bonds for our various strategies across a multi-billion-dollar asset base. I also do special projects on individual credits and industries, portfolio constriction, and risk.

Career Development Recommendations:

1. Ask for feedback often from those you trust and respect, but do so genuinely. Many people ask for feedback because they have been told it is the right thing to do, but they do not receive the information in a way that indicates they truly wanted to hear it. Be open to hearing the hard things (practice certainly helps) and even more open to making changes to your process. 2. Network and then stay in touch. I am not talking about reaching out to strangers on LinkedIn. I am talking about making real connections with people in your industry and then, and this is the important part, staying in touch over time. The greatest opportunities I have ever received have come from people with whom I've nurtured strong, professional relationships over many years. You can't predict when you are going to need help, and it's easier to make that ask of someone else when you communicate with them regularly. An out-of-the-blue call to an acquaintance from long ago does not usually elicit the same quality of response. 3. Develop a clear understanding of who you are so that you can target a career that benefits from your strengths. This sounds simple, but I see a lot of people who target what they think looks good to the world without understanding what fits their personalities. Find a path that excites you, not just one you think you can endure. Then find people on that path and learn what they think leads to success. A few key thoughts can change your life.

CFA Society Boston Membership History:

I joined CFA Society Boston about 10 years ago. In 2015, I wanted to get more involved with the organization so I signed up to write Level III practice exam questions, which I have done every year since. I joined the Board of Directors in 2017.

CFA Society Boston Membership Recommendations:

CFA Society Boston offers many opportunities for members to extract more value than the cost of their dues. CFA prep, networking events, publications, and investment events all have the potential to repay dues many times over through ideas, contacts, and relationships. How members choose to use the benefits of membership is an individual choice, but there are plenty of choices!

Future Benefits of CFA Society Boston Membership:

I find the greatest benefit to be the people I meet, so I will take advantage of networking and social events in particular. A side benefit of these events for me as a Board member is that I get to hear what other members want from the Society so I can think about how we can provide value. I also like reading CFA publications looking for new ways to manage our portfolios and think about risk.

Additional Comments, Words of Wisdom, or Favorite Quote:

"There is no deserve." The universe owes us nothing. All we can do is tilt the odds in our favor and see how it works out. This quote works for investing as well as in life.

Feel Free to Contact Me:

heather.young@loomissayles.com

James Anderson, CFA
Wentworth Anderson
November 2017

Career Path:

My first position in the financial community was as an analyst in a performance and attribution group at a global custodian, The Boston Company, which eventually became the Russell/Mellon Analytics Joint Venture. I later moved to Greenwich CT to join FactSet and then returned to Boston to help them open an office in the late ‘90s. My focus was on the quantitatively driven managers and groups in the region. In 2001, I received my CFA charter and for several years after managed the Northeast operations and global accounts for Factset. In 2006, I struck out and joined the realm of start-ups becoming an investor in and/or executive of a small series of financial technology start-ups.

Current CFA Society Boston Volunteer Responsibilities:

I’ve been involved with the CFA Society in Boston (and briefly in Montreal) for ~16 years. Initially, my participation was strictly as a consumer of programs and events. Later on I started serving on the Quant Program Committee and eventually became the chair of that committee for a number of years in a row. Today I have the entirely undeserved privilege of chairing the new Programs and Education Advisory Council made up of some incredibly accomplished and widely acknowledged industry leaders and subject matter experts.

Career Development Recommendations:

Do what others won’t. Be a resource. Know your subject, know your audience, be aggressive AND considerate. [If you’re female, risk being a little more aggressive... Know your value and ask for what you want – you’ll get fewer no’s than you think – your colleagues, company, and competitors aren’t working for free…] There’s plenty of ego (and sometimes attitude) around every table. People will respect and respond to you exponentially better without one.

CFA Society Boston Membership History:

I became a charterholder in 2001. While running the Northeast Region for FactSet, I worked with the Society to sponsor high impact member events that appealed to a broad cross section of members. Over the last 10 years I’ve been a member of and for a number of years chair of the Quant Education and Programming sub-committee. In 2016, the Board and the Society decided to restructure the committees and delivery of content and I was asked to consider chairing the new group. This year I am chair or the Education and Programs Advisory Council whose focus is on expanding the engagement of all members and delivering higher impact, thought leading content.

CFA Society Boston Membership Recommendations:

“Showing up is 80% of life…” – Woody Allen

Get involved. Attend a meet-up on a subject of interest. Introduce yourself to other members and those helping to organize events. Offer feedback and suggestions for future events and content.

Future Benefits of CFA Society Boston Membership:

In my opinion, the greatest service the society can offer is one of fostering debate, challenging conventional thought, and providing educational content that benefits members in service to the interests of their clients and the investing public.

Additional Comments, Words of Wisdom, or Favorite Quote:

“What we see depends mainly on what we look for.” - Sir John Lubbock

Few words better describe the challenges financial professionals, our industry, and our governing bodies face and need to overcome on a daily basis.

Feel Free to Contact Me:

james@wentworthanderson.com

Catherine Ryan, CFA
Cedar Rock Investment Advisors
October 2017

Career Path:

My career started as a software engineer while I earned my MBA from the Carroll School of Management (Boston College) part time. An opportunity to join the SSgA Matrix Equity team as a "quant" fund manager introduced me to the language and goals of institutional investing. My next position involved managing the Babson Value Fund (BVALX) with Nick Whitridge, a hybrid strategy which took the quant output and superimposed first principles: the numbers are speaking truth and human nature can be relied upon to repeat history. Nick's genius resonated with my own tendency to move against the crowd and I learned a lot about contrarian investing from him. Since earning my CFA, I have started an independent RIA firm, Cedar Rock Investment Advisors

Current Position and Responsibilities:

My work/life balance meant spending seasons outside of the corporate structure. My role at Cedar Rock is designed to allow me to focus on clients and my family without regard to conventional business hours. As a small firm located in Central Massachusetts, I wear many hats. Exploring new business areas really feeds the part of me that enjoys life-long learning but my most interesting role, to date, has been to work with people in early retirement. The transition from saver to spender is a process but the work is made immeasurably more productive by the research presented in the CFA Institute's Financial Analysts Journal (longevity bonds, spend down rules, and immediate annuity calculations as a benchmark).

Career Development Recommendations:

In any endeavor there is a temptation to assume that the best way to do something is the way it has been done before. My career advice is to stay open to your own unique qualities and consider non-traditional pathways. In a town that knows that "all politics is local", remember that even with robo-advisors, there is a huge need for authentic guidance at the grassroots level.

CFA Society Boston Membership History:

I have been a member since 1998 when I took the Monday night classes for the CFA exams. Those classes were a wonderful way to meet active members who were interested in teaching the material from their respective specialties and it has been a delight to see some of them continue their Society involvement at higher levels within the organization. Since earning my CFA I have participated in the Career Mentoring program and the Financial Literacy Outreach.

CFA Society Boston Membership Recommendations:

Develop the habit of checking in on the CFA website and the local chapter. It's easy to get stuck in the weeds and forget that we do better together. Our industry has been in transition but there is still a lot of work to be done. Get involved at the level you are able.

Future Benefits of CFA Society Boston Membership:

I was delighted to watch CFA Society Boston's Chairman, Jeff Augustine, CFA, share his vision in a recent video. He discusses the Societies new alliances that put our educational material within reach of the average college student. Now that I have a son in college, combining financial literacy with college curriculua are striking a chord and I look forward to hearing more about that in coming issues.

Additional Comments, Words of Wisdom, or Favorite Quote:

I received a mailing from Secretary Galvin's Office a few years back that illustrated a map of Massachusetts. On the map there was a pin point indicating the locations of Registered Investment Advisors. Depending on your viewpoint, the lack of RIAs west of I-495 is an 'access to advice' tragedy or an exciting growth opportunity.

Feel Free to Contact Me:

cedarrock@gmail.com

Rob Kania, CFA
Laurentide Advisory
September 2017

Career Path:

I began my career at Lehman Brothers in institutional fixed income sales in Boston. I jumped at the opportunity to transfer to Lehman's credit research department in New York, where I spent five years as an analyst and strategist. When I relocated back to Boston, I made the 'sell-side' to 'buy-side' switch. At Fleet Investment Advisors, my responsibilities included credit analysis, investment strategy and trading for a multi-currency bond fund. During my decade-plus association with State Street Global Advisors, I earned my CFA charter and held various roles, including: emerging markets analyst, corporate bond analyst, head of credit research, and portfolio manager.

Current Position and Responsibilities:

I started Laurentide Advisory, an independent RIA, two years ago with a former colleague. The idea was to use our skill sets developed in the institutional world and deliver insightful financial planning and top-tier portfolio management to individuals, families and small businesses. In the high net worth space, we've found that clients are open to creative ideas and new approaches. As a business owner, my primary responsibilities are to understand my clients' needs and provide them with great service, valuable advice, and high-quality investment results.

Career Development Recommendations:

My first mentor, who was a successful fixed income salesperson in Boston, shared these two insights: 1) many people remember what it was like starting out and want to help you; and 2) most people like to talk about themselves. I have found both of these things to be true. So take advantage of these inclinations. Make an effort to meet people, find out what they do and how they do it, and stay in touch. And once you are established, remember to take some time to reach out to others who are building their career foundations.

CFA Society Boston Membership History:

I became a charterholder in 2003. I had been a casual participant in CFA Society Boston events for my first 10 years of membership when I was working for a large company. I have gotten progressively more involved in order to broaden my network, to participate in financial literacy initiatives and to play a role in strengthening and promoting our Society.

CFA Society Boston Membership Recommendations:

If you haven't participated in a CFA Society Boston program in a while, why not go to one event? If you do that, and share your ideas about what you find valuable and how the CFA Society can support you, you will contribute to making our Society even better.

Future Benefits of CFA Society Boston Membership:

I will continue to pursue opportunities in membership engagement and financial literacy. The CFA Society Boston becomes a stronger and more effective organization as more members become active and as new people get connected. And lots of great stuff is happening, including intellectual and practical discussions in member communities, networking events, community outreach and career development opportunities. For example, earlier this summer I enjoyed taking my son to College Networking Night, hosted by CFA Society Boston. He met a number of the Boston members during round table discussions and learned about career paths in our profession.

Additional Comments, Words of Wisdom, or Favorite Quote:

"The difficulty lies, not in the new ideas, but in escaping from the old ones." - J.M. Keynes

Feel Free to Contact Me:

rkania@LaurentideAdvisory.com

Pamela Yang, CPA, CFA
Harvard Management Company
August 2017

Career Path:

I started my career at PricewaterhouseCoopers in 1995, and Harvard Management Company (HMC) was one of my clients. In 2000, I joined HMC and was responsible for the financial and tax reporting on charitable trusts and pooled income funds. At the time, we did not have an internal audit function, so I designed one along with a set of testing procedures to evaluate internal control at all stages. It taught me a lot about planned giving administration, operations, and investment processes. I received my Chartered Financial Analyst (CFA) designation in 2003 and became the director of investment and operations for the Trusts & Gifts group in 2004.

Current Position and Responsibilities:

As Senior Vice President of Investment and Operations in the Trusts and Gifts Department, I lead a group that manages the investment and administration of charitable trusts, gift annuities, pooled income funds and marketable security gifts for Harvard. The four teams I manage—investment, accounting, tax, and donor relations—work together to ensure that the investment and administration of trusts and annuities run smoothly from start to finish. Our investment strategies are broadly diversified and aim not only to preserve and grow trust principal for Harvard, but also to provide annual tax efficient distributions to donors. The operations teams' work is equally important and thanks to years of hard work and refinement, we have established airtight procedures in place to provide white-glove service to Harvard and to its generous donors.

Career Development Recommendations:

It is important to understand a business from a holistic point of view. Some young professionals do not realize that accounting knowledge in a company's financial records plays an important role in developing analytical skills. It is good to understand all the financial ratios and risk factors; however, it is equally important to understand where all the numbers on a financial statement come from. Sometimes people tend to discount accounting knowledge, and they fail to realize that there is a reason that the CFA curriculum includes so much accounting material. It is difficult to become a good analyst if you don't know how each number is generated.

Another important aspect is that students who major in liberal arts are still suitable for our profession. In fact, although technical knowledge is important, it is even more important for a person to be willing to learn, explore and be humble when facing the history of finance. I like to hire people with liberal arts backgrounds because I find that they tend to be more creative, more receptive to new ideas. So my advice is not to be afraid of starting out as a liberal arts major. You will find your way.

CFA Society Boston Membership History:

I became a CFA charterholder in 2003 and joined the Private Wealth Management Committee in 2005. In 2009, I joined CFA Society Boston's Board of Directors and ultimately became the Chair from 2013-2014. I am now serving my last year on the Board and am proud to be a CFA Society Boston member. In addition to contributing to our local society, I have also been an active CFA Institute volunteer, having served as a grader for 8 years, a curriculum writer, exam writer and executive editor of In Practice section of "Financial Analysts Journal." Currently I serve on CFA Institute's Disciplinary Review and Advocacy Committees.

CFA Society Boston Membership Recommendations:

Definitely join our local society. CFA Boston is one of the founding members of the CFA Institute and it carries a pride and sense of history when you go out to other societies. What is unique about our society is that Boston's financial industry is so geographically concentrated. Almost everything is located within a walking or a short T-ride distance. This is not true for any other city or state societies. Even the New York Society does not have our advantages. The society's staff and volunteers work really hard to provide relevant and current educational and networking opportunities, and I highly recommend that members attend them.

Future Benefits of CFA Society Boston Membership:

Apart from what I said about the unique characteristic of CFA Boston, I would like to also emphasize the fact that I have met so many friends and colleagues via CFA Boston's events and activities. Tell me what other society/association could get hundreds of people at Dewey Square each May to enjoy a Cookie Monstah ice cream sandwich!

Additional comments, words of wisdom:

Although the greatest town on earth, Boston is a small place for our industry. So join us, go out there and make friends.

Andy Rubin, CFA
Fidelity Investments
July 2017

Career Path:

My first job out of college was in a call center fielding inquiries and processing transactions on behalf of retail mutual fund shareholders at Natixis here in Boston. After a short stint in that role I moved into sales and spent the next three years as an internal wholesaler distributing mutual funds and managed accounts into the financial advisor market. That experience was invaluable, both in terms of developing my business maturity as well as providing me with my first real exposure to the financial services industry, which helped shape my longer-term career goals and trajectory. I left Natixis in 2007 to pursue my MBA full-time in hopes of pivoting to the investment side of the industry. My goal was a more investment-centric role relative to my prior experience yet one that still involved client interaction and business development. I joined Fidelity in 2010 and will celebrate my seventh anniversary at the firm next month. I spent my first four years in the Investment Product Management group before obtaining my current role in 2014.

Current Position and Responsibilities:

My current position is Institutional Portfolio Manager responsible for Fidelity's real estate capabilities - both equity and debt. In this capacity I serve as a member of the investment management team and am charged with maintaining an intricate knowledge of investment philosophy, process, and portfolio construction, ensuring portfolios are managed in accordance with client expectations, and contributing to investment thought leadership in support of the team. I serve as the principal liaison for portfolio management to a broad range of current and prospective clients, consultants and internal partners, provide detailed portfolio reviews and serve as a key conduit of client objectives, requirements, and marketplace insight back to the investment team.

Career Development Recommendations:

Be open-minded to interesting and unexpected opportunities even if they don't seem directly related to your career goals. Skills acquired in a given job are often transferable to other seemingly unrelated roles and your ability to convince others of this will allow you to stand out from the crowd. This is particularly important for career changers or those who are finding it difficult to land the specific job they desire, yet have access to other opportunities that may serve as a future launching point. Don't be discouraged to pursue an unconventional opportunity so long as you believe it will be a challenging and rewarding experience. Separately, while it sounds simplistic, approach your career pursuits and all interactions along the way with a positive attitude. I often speak with graduates of my alma mater(s) and others who contact me to network and sometimes encounter a general lack of excitement, which always leaves a poor impression. Express enthusiasm and a willingness to step outside of your comfort zone and it will set you apart.

CFA Society Boston Membership History:

I joined CFA Society Boston (BSAS at the time) as a CFA candidate in 2009. I earned my CFA Charter in 2011 and have been an active member over the years.

CFA Society Boston Membership Recommendations:

I served as a co-chair of CFA Society Boston's career committee for a period of time and so I would encourage readers to get involved and volunteer your time in a similar fashion. I found it to be a rewarding experience that gave me broad exposure and allowed me to network and interact with other members who I may not have crossed paths with otherwise.

Future Benefits of CFA Society Boston Membership:

Despite an increasingly busy work schedule and a growing family at home, I plan on staying closely connected with CFA Society Boston and actively participating in and attending future programming and events. I would encourage you all to do the same.

Feel Free to Contact Me:

andrew.rubin@fmr.com

Allysen Mattison, CFA
Income Research + Management
June 2017

Career Path:

My career in finance began on the sell-side as an undergraduate intern in Debt Capital Markets Investment Banking at Lehman Brothers in New York. I accepted a full-time analyst position in that group after graduation. Enjoying my exposure to the trading floor, after two years I moved to the High Grade Credit Sales team, which eventually was purchased by Barclays Capital. (Fun Fact: I started on the trading floor the week the Bear Hedge funds went under, and worked all the way through the Lehman bankruptcy.)

By 2009, I was ready for a change of pace from Wall Street and left Barclays to start as a Risk Analyst at Income Research + Management. At IR+M, I had the opportunity to spend three years as a Senior Research Analyst on our Securitized Team before moving back to risk in 2013. I currently am the Director of Investment Risk and also serve on our Investment Governance and Operational Risk Committees.

Current Position and Responsibilities:

As the Director of Investment Risk, I work closely with our Senior Portfolio Managers. The primary responsibilities of my function are to identify, monitor, and escalate positioning risks. Through risk-model assessments, product-consistency research, and quantitative support, my group focuses on the more strategic components of risk management. We also partner with our colleagues in the Portfolio Risk function to ensure strategic themes and risk exposures are consistently implemented at the portfolio level.

Our Investment Risk effort is purposely removed from the investment decision-making process so that risks can be audited and evaluated in an unbiased, third-party manner. I meet regularly with our Chief Compliance Officer and Executive Committee to independently review our investment processes and exposures. I also coordinate with our Business Risk Team to objectively review investment procedures and protocols and ensure they are in line with enterprise-wide standards.

Career Development Recommendations:

1) Be a sponge. Whatever your position, be engaged and make a concerted effort to absorb everything you can learn, even in the areas that are not as interesting to you. Throw yourself into understanding the tasks, the necessary skills, the background knowledge, the people you work with and how you fit into the broader organization. By mastering the bigger picture in addition to your specific roll, you will add greater value as an employee while also putting yourself in the best position to capitalize on future opportunities.

2) Be humble. Don't let ego get in the way of #1. No matter how much expertise and experience you have, there is always something new to learn in this dynamic field. If you do not have the humility to seek new ideas that challenge your status quo, you are putting yourself at risk of becoming stale.

CFA Society Boston Membership History:

I have been a member of the CFA Society Boston since I became a CFA charterholder in 2012. I enjoy attending the Society-sponsored educational events and conferences. I am an active participant in Financial Literacy volunteer opportunities and sit on CFA Boston's Women In Investment Management Network (WIMN).

CFA Society Boston Membership Recommendations:

CFA Society Boston provides a wealth of opportunities to enhance your skill set, build your network, and give back to the investing community. Subscribe to the event distributions and attend something that sparks your interest. In as little as one hour over breakfast or lunch, you can take a step back from your day-to-day and stretch your brain.

Future Benefits of CFA Society Boston Membership:

I am most passionate about the Society's Financial Literary initiative and CFA Boston's Women in Investment Management Network (WIMN). I plan to continue my involvement in these areas. I also look forward to attending future events to broaden my knowledge of Fixed Income and Risk.

Additional Comments, Words of Wisdom, or Favorite Quote:

"Not everything that can be counted counts and not everything that counts can be counted" - William Bruce Cameron

Feel Free to Contact Me:

amattison@incomeresearch.com

Matt Meikleham, CFA
BNY Mellon
May 2017

Career Path:

I've always been interested in the investment industry. I remember reading through the Wall Street Journal with my dad when I was in grade school. My first job after graduating from UVM was on a Portfolio Management team at BNY Mellon Wealth Management. I was fortunate to have landed with a group of smart, dedicated people who, as mentors, guided (and occasionally goaded) me along the way. Nearly ten years later I'm still working at BNY Mellon Wealth Management, now as a Portfolio Manager.

Current Position and Responsibilities:

As a Portfolio Manager at BNY Mellon I work directly with high net worth individuals and their families to design and implement customized investment strategies and financial plans to meet their individual objectives.

Career Development Recommendations:

Ask for advice and feedback early and often. I've always found that actively seeking advice from people you know and respect is an invaluable tool to help guide you on your career path.

CFA Society Boston Membership History:

I've been a member of CFA Society Boston for five years. I've attended an array of programs and events including the Annual Market Dinner to lunch-and-learn events. I've also had the opportunity to participate in the Mentoring Program and volunteer on the Young Leader's Committee. I continue to believe that the more I invest in my membership the more it pays back.

CFA Society Boston Membership Recommendations:

Attend an event; there are events that appeal to just about every interest. We're fortunate to live and work in one of the largest financial centers in the country. CFA Society Boston is a great resource for leveraging Boston's knowledge base and meeting interesting people.

Future Benefits of CFA Society Boston Membership:

It's two-fold for me. First, I will continue to expand my involvement with the CFA Society Boston overall by attending more events and volunteering in areas that interest me. Second I plan to make a conscious effort to attend more learning events. These are an easy and enjoyable way to stay current in an industry that's constantly evolving.

Feel Free to Contact Me:

Matthew.Meikleham@BNYMellon.com

Caroline A. Gaffney, CFP®, CFA
Atwater Wealth Management
April 2017

Career Path:

Helping my Dad grade math papers was fun for me as a kid. He was a high school teacher. At the kitchen table after dinner, he'd give me math problems to try while he graded and prepared for the next day. My early fascination with numbers and solving these "puzzles" ultimately fueled my passion for exploring the role of wealth in human lives, and became the foundation for my career.

I started in finance at Investor's Bank & Trust in 2001, where I worked until 2003 when I transitioned to a national financial planning firm to advise private clients. I earned the CFP designation in this time, and then left in 2008 to start Atwater Wealth Management (AWM). I pursued the CFA while growing AWM and earned the CFA Charter in 2015.

AWM provides comprehensive investment advisory and wealth planning services to individuals and families. Our goal is to connect our clients' wealth with what matters most to them in life.

Current Position and Responsibilities:

I am the Founder, CEO and Chief Investment Officer. As Founder and CEO, I lead the strategic direction of the firm. As Chief Investment Officer, I oversee due diligence and portfolio design, and guide the creation of integrated wealth management strategies for each of our clients.

Career Development Recommendations:

Be creative. Be authentic. Never stop learning.

Finance may be a "traditional" industry but there is disruption everywhere - and disruption brings change and opportunity. Remember why you got into the field and what drives you. Ask yourself regularly what you want most in your life - flexibility, balance, money, power - what drives you? Pursue opportunities that align with who you are, what you enjoy, and most importantly, your guiding principles.

CFA Boston Membership History:

I earned the CFA Charter in 2015, at which time I joined CFA Boston. As a relatively new member I am excited to be learning more about and engaging with CFA Boston. So far I've attended many outstanding events and met some wonderful people.

CFA Boston Membership Recommendations:

Set a goal for each experience. Are you looking to learn something new, enhance your knowledge about a familiar topic, meet someone at random, connect with someone specific, etc.? Time is valuable so make good use of it. CFA Boston provides so many wonderful ways for its membership to learn, connect and grow -- explore all the benefits.

Future Benefits of CFA Boston Membership:

CFA Boston presents inspiring and invigorating opportunities to learn from, and with, other interesting and talented professionals. I will continue taking advantage of these and I look forward to volunteering with CFA Boston also.

Additional comments, quotes, wisdom:

"When you make something, when you improve something, when you deliver something, when you add some new thing or service to the lives of strangers, making them happier, or healthier, or safer, or better, and when you do it all crisply and efficiently, smartly, the way everything should be done but so seldom is --you're participating more fully in the whole grand human drama. More than simply alive, you're helping others to live more fully, and if that's business, all right, call me a businessman. Maybe it will grow on me." - Phil Knight (Nike founder), Shoe Dog

Feel Free to Contact Me:

cgaffney@atwaterwealth.com

Brad Rutan, CFA
MFS
February 2017

Career Path:

I did not take a straight path to the investment management industry. I went to school for engineering at the University of Virginia, became a chef in Virginia and Massachusetts, and finally at my wife's bidding entered the industry and signed on with Putnam Investments in 2004. I came over to MFS in 2006 and worked briefly in sales before joining our Advisory Resources Group in 2007 as an Investment Product Analyst. I became a Director and Investment Product Specialist, my current role, in 2011.

Current Position and Responsibilities:

I am currently an Investment Product Specialist. I serve as a liaison between our Growth Equity investment team and our distribution teams and clients. I spend a good amount of time traveling to meet with our clients and present our views on the markets, and explain our philosophy, process and positioning. I also spend considerable time educating and updating our distribution teams on current/historical performance and positioning.

Career Development Recommendations:

I didn't take the normal path that others might take, but the one consistent theme in my career is to never let someone you work with wonder about your work ethic. Work tirelessly to become a dependable worker whose co-workers will have faith in your ability to be an effective partner.

CFA Society Boston Membership History:

I started taking my exams in 2007 and finally received my charter in 2011. Until recently I have been a silent member but just signed up to volunteer in the Financial Literacy program. I would love to get more involved with the society and look forward to serving in other capacities.

CFA Society Boston Membership Recommendations:

There are many programs and events offered through the CFA Society Boston. From a volunteering perspective I think finding something that is aligned with what is important in your life is important. Personally helping out younger people and those that may not have the deepest knowledge of investing or financial planning is important to me.

Future Benefits of CFA Society Boston Membership:

I would like to attend the industry related events that are offered. I have been impressed with the level of speakers that are featured as well as the breadth of topics discussed.

Additional comments, quotes, wisdom:

I am very blessed to work in this industry and make sure I display that gratitude in my work every day. If I had not received my CFA Charter and subsequent inclusion into the CFA Society of Boston I would not be where I am today professionally. To that end I think it is important to give back in some capacity, which for me is volunteering in the Financial Literacy program.

Feel Free to Contact Me:

brutan@mfs.com

Alice C. Avanian, CFA
Cantor Fitzgerald
January 2017

Career Path:

I have always worked on the sellside in a variety of equity research positions. My first position was as a portfolio analyst at L.F. Rothschild, Unterberg, Towbin, looking at stocks for model portfolios for individual clients. After two years, I was promoted to a desk analyst, and then founded that effort at Cowen & Co. Due to my broad knowledge of equity research and experience managing my group, I was promoted to Associate Director of Research, which included moving to the Boston office from NY in 1994. Feeling I needed to reinforce my research skills, I completed my CFA in 1997. In 2003, I moved to Leerink Partners to build the research department with a focus on healthcare. This year, I moved to Cantor Fitzgerald, again to build the equity research department

Current Position and Responsibilities:

I am Product Manager at Cantor Fitzgerald. I was excited to join here because the firm is growing equity research, especially in healthcare, where I have a lot of experience. I'm responsible for the Research Production/ editorial team. Sellside research creates a lot of reports! I'm also responsible for idea generation and the AM Call, selecting research to highlight on a daily basis, and a member of the Investment Review Committee (IRC). Because our Director of Research is also our senior biotech analyst, I assist her with department processes, best practices and compliance. It is exciting to contribute to the firm's growth. In over 30 years, I've never had a female boss before, and I’m honored to contribute to her success.

Career Development Recommendations:

Every job I've had was via someone I knew recommending me. In fact, all my positions after my entry-level job were created just for me. I tend to be enthusiastic and passionate about anything that I undertake. Through these recommendations and my attitude, the folks hiring me had confidence that I could succeed in defining and building something. So my advice would be to never burn bridges, keep in touch with people, and do excellent work. Good words will precede you everywhere you go.

CFA Boston Membership History:

I became a member and took CFA exam classes in the mid-90s. I was asked to join the Board in 2004 as a representative of a sellside firm. I held many positions, including Treasurer, VP of Education, Nominating and Governance committees, as well as attended many CFA conferences. Since my job involves equity research, I was involved in the early stages of the Research Challenge, as mentor of the Global winning team in 2008 and a grader and a judge in subsequent years. In 2013, I nominated myself for Chair saying we should provide Financial Literacy to the investing public, in line with our mission statement. Happily, the Board agreed with my vision. I plan to stay active with Financial Literacy as I roll off the Board this year.

Most Valuable CFA Boston Membership Benefits:

Some of my most memorable experiences and closest friends have come about through my membership and involvement. It is so exciting to spend time with peers who are LLL (lifelong learners) and want to improve the industry and apply our skillset to help others. Nothing could be more rewarding.

CFA Boston Membership Recommendations:

Go to the learning sessions! Attend the networking events! Volunteer for Financial Literacy! The CFA Boston Financial Literacy initiative is a great way to give back to the greater Boston community by helping out with knowledge most of us probably take for granted on a regular basis. The majority of our citizens do not plan appropriately for retirement, mishandle credit cards and other debt instruments, and are likely not familiar with even basic investing terminology. As a CFA Society Boston member your knowledge is an invaluable resource for your neighbors if you give a little time even just once a year.

Future Benefits of CFA Boston Membership:

I plan to stay active with Financial Literacy, attend events that are learning experiences as well as social experiences. I can do more with the Women's Initiative as I have more time.

Additional comments, quotes, wisdom:

We are lucky to work in an industry which always challenges our assumptions and requires daily learning. Intellectual curiosity and high energy are great ingredients for success in our industry, even as it matures and consolidates. New opportunities will open up for each of us if we remain intellectually honest and rigorous and wholehearted in everything that we do.

Feel Free to Contact Me:

alice.avanian@cantor.com

Jeremiah K. Holly, Sr.
Retirement Consultant
December 2016

Career Path:

Soon after graduating college, I joined the Boston based subsidiaries of AIG in the accounting area. The subsequent decade brought many opportunities and rewards. However, seeing the growing prominence of the mutual fund industry, I left my position as Regional Controller to join State Street managing a group of mutual fund accountants in September of 1987 – yes September ‘87. That back-office experience sparked my interest in investments led me to move into the pension and retirement division in 1991. I transitioned into client relationship roles with companies such as Putnam, MetLife and The Boston Company advocating for clients within these large organizations. My work in the pensions and retirement arena entails advising institutional clients on managing and servicing assets, creating/implementing innovative retirement industry products and services and developing employee education strategies.

Current Position and Responsibilities:

I now consult for major providers in the retirement space and assist them in converting puzzled participants into informed and confident consumers of financial services. Imparting knowledge and instilling confidence in defined benefit and defined contribution plan participants is hugely gratifying and in high demand. I work through a few placement companies and travel quite a bit speaking to book distribution plant workers one day and engineers at transportation companies the next.

Career Development Recommendations:

Act small – think big. This mantra encompasses many possible applications but relative to something we do for 30-40 years it is especially apropos. “Act small” refers to your personal, professional and emotional wants, desires and aspirations. Many more of us are outside the C-Suite than are in it. So let those in positions of control “act big.” The rest of us should “think big” basically to approach life, and particularly careers, without regard to borders. We all have innate skills we are born with but that does not limit our ability to acquire skills. As so many other previous profiles of members have encouraged, invest in yourself.

BSAS Membership History:

The evolution of my professional responsibilities increasingly demanded that I expand my understanding of investments well beyond how to account for and report on them. Joining AIMR and BSAS in December of 1993 was, and remains, a highly valued and deeply rewarding relationship.

Most Valuable BSAS Membership Benefits:

I have attended many workshops, lectures and luncheons and the value delivered is far superior to other professional groups. And the website is a growing resource that is updated and maintained so we always see the most current information.

BSAS Membership Recommendations:

BSAS is a vital focal point in one of the world’s most prominent financial centers and membership affords you access to this wealth of expertise. But like many things – you get out what you put in. The programs are first rate, the subjects covered are diverse and the office staff is clearly member-centric.

Future Benefits of BSAS Membership:

Learning from fresh minds – I attend several events each year and seek out seating near those who are new to the investing arena. This practice enables me to discuss topics with members holding views quite different from my experience. It also affords me the opportunity to dabble in “unofficial” mentoring by offering industry insights, suggestions, information and historical perspectives they may not want to solicit from where they work.

Additional comments, quotes, wisdom:

"We make a living by what we get, but we make a life by what we give." W. Churchill

Feel Free to Contact Me:

jerryholly88@gmail.com

Maria Cella, CFA, CPA
Boston-Based Investment Firm
November 2016

Career Path:

I started my career in the Financial Services practice of PricewaterhouseCoopers auditing large mutual fund companies and investment management firms and allowing me to merge accounting and finance. I later worked in Manulife/John Hancock's Internal Audit Group where I focused primarily on audits and key risk assessments for the company’s Investment Division. In less than a year, I was offered and accepted a position in the Derivatives Accounting Group, a group I had been auditing. Leveraging prior knowledge of controls and project management, I soon headed a multi-year project revamping the operations and automations for company's largest interest rate risk hedging program and setting up other hedge accounting strategies. After passing the CFA exam, I began to explore new opportunities to broaden my scope beyond derivative and took my current role at a Boston-based investment management firm.

Current Position and Responsibilities:

I am part of the Portfolio Reporting team in a role that perfectly combines my Finance and Accounting backgrounds. Our team is responsible for all internal and external portfolio reporting, including client reporting, Audited Financial Statements, and certain regulatory reporting requirements. Additionally, we are responsible for performance analysis and various management reporting. Our team collaborates firm-wide to provide the right level of information to the right users, be it clients, regulators, or management.

Career Development Recommendations:

Know what you know and own what you don't know. Owning what you don't know allows you to make contacts, bring specialists into the loop, and learn something new. If you're too proud to acknowledge what you don't know you limit your learning and growth. Most of all, don't pretend to be a know it all - people will eventually see through it.

BSAS Membership History:

I joined BSAS after passing Level III of the CFA exam.

Most Valuable BSAS Membership Benefits:

The people, the contacts, and the community. It's a way to stay connected with your professional community and keep current.

BSAS Membership Recommendations:

Go to the events. Network, learn, and talk to people. If you have the time, engage in volunteer activities. I have been involved with the Financial Literacy Initiative. It's a great way to share your knowledge with others and also to gain from working with the community and fellow BSAS members.

Future Benefits of BSAS Membership:

I look forward to continued involvement with the society as a whole and also with the Financial Literacy Initiative.

Feel Free to Contact Me:

mariacella@comcast.net

James C. Bolante, CFA, CAIA
Fiera Capital Inc.
October 2016

Career Path:

I started my investment management career at State Street Global Advisors in an operational support role for the active equity investment teams. After a few years in that position, I realized that I wanted to focus my career on interfacing with institutional clients. After leaving State Street, I spent my next two positions working for the institutional distribution and marketing teams at The Boston Company and GW&K Investment Management. During this time, I gained a wealth of experience learning about different client types and their various investment objectives. In 2014, I joined the institutional business development team at Fiera Capital.

Current Position and Responsibilities:

I am a Client Portfolio Specialist on the institutional business development team at Fiera Capital Inc. My primary responsibilities include generating new business and building thoughtful relationships with institutional prospects and consultants. I also serve as a dedicated relationship manager on several sub-advisory partnerships spanning across the North America, Europe, Africa, and Asia. It is an incredibly rewarding experience that affords me the opportunity to engage with different cultures and business environments. The ability to travel internationally is the icing on the cake.

Career Development Recommendations:

Don't be afraid to reach out and network. It is hard to get noticed without showing some of your cards. It also doesn't hurt to invest (both time and money) into your education and professional skills. If you are fortunate enough to have a mentor who also happens to be your boss, please leverage that relationship until the last drop. Although this type of situation is more out of one's control, I believe it is the biggest and most influential driver to career development. Last but not least, make friends. Industry colleagues and friends are not mutually exclusive.

BSAS Membership History:

If asked why I joined BSAS, my answer would be "Why not?" I joined the BSAS upon completion of the Level II CFA exam in 2013. One thing I think a lot of CFA candidates (and even non-candidates) overlook is their ability to join BSAS before completing the CFA program. There are varying degrees of BSAS membership, so find one that is right for you and take the steps to become a member. If your firm will sponsor the annual fee, then there is no reason not to. At the very least, you will gain access to a network of local professionals who share common interests and can offer valuable advice.

Most Valuable BSAS Membership Benefits:

The professional network and events. The BSAS is one of the more prominent CFA societies, so leverage this to the extent that you can. Not every society has the same reach and influence as the BSAS.

BSAS Membership Recommendations:

For the reasons mentioned above and because the investment community in Boston is so tightly knit. For such a large industry, it is quite a unique environment in Boston. Your network is closer than you think, and this is an advantage to investment professionals who work in this city.

Future Benefits of BSAS Membership:

More opportunities to volunteer and provide advice to the future professionals of our industry. Of course, expanding networks and engaging with different personalities and backgrounds is always something I hope to gain from being a BSAS member.

Additional comments, quotes, wisdom:

In certain cases, it's better to ask for forgiveness than for permission. Make the right call.

Feel Free to Contact Me:

jcbolante@gmail.com

Tiffany Hu, CFA
State Street Global Advisors
September 2016

Career Path:

I started off my career as an auditor/CPA doing financial statement audits and internal controls/risk assessment for community banks, governments/non-profits and manufacturing companies. Although I majored in literature as an undergraduate, I have always been fascinated by finance, its fast-pace and its constantly evolving landscape. I jumped on an opportunity and joined Goldman Sachs Asset Management in its institutional business area in Chicago. I really love the investment management industry and have enjoyed the ride since day 1. After Goldman, I did business consulting at Fidelity, took on compliance/operations/risk management roles at Arrowstreet Capital, a quant equity institutional manager in Boston, and most recently, work at State Street Global Advisors.

Current Position and Responsibilities:

What brought me to SSGA last summer is a unique opportunity to help establish a new team directly under the Chief Administrative Officer dedicated to tackling regulatory challenges in the business problem-solving setting. We all know there's no shortage of regulatory developments across all regions globally nowadays, and many of which, directly or indirectly, are so disruptive that they alter the industry competitive landscape and require rethinking of and/or changes to the investment/business models. A good example is SEC's money market funds reform to introduce floating NAV and adoption of liquidity fees/temporary redemption gates for a fund category that's historically be viewed as cash equivalent with same-day liquidity. I joined this new team, SSGA Office of Regulatory Strategy & Execution, and have been working with different business functions within SSGA to assess business impact of key regulatory developments and drive strategic changes and cross-functional implementation as a result of the regulatory changes.
 

Career Development Recommendations:

Be open-minded and explore various opportunities to broaden your understanding of the investment industry in general, in addition to building up a deep functional expertise. The industry is changing every day so each of us needs to continue our self-development and learning journey in order to proactively embrace the changes and stay relevant.

BSAS Membership History:

One of the first things I found out after I passed Level III of the CFA exam, besides celebrating finally having my Memorial Day holiday back, was to check how to apply for the charter and local society membership. It seemed that the next natural step was to connect with other driven professionals in the investment community and expand my professional network. I joined BSAS in September 2014.

Most Valuable BSAS Membership Benefits:

BSAS is a truly vibrant community for Boston investment industry. You get access to thousands of members who can serve as resources and sounding boards for best practice, idea exchange and personal/professional growth. BSAS-hosted events, whether education-focused or social gatherings, are consistently high quality, relevant to market developments, and well-attended! Also, BSAS staff does a great job marketing the events, connecting members and advertising membership benefits.

BSAS Membership Recommendations:

If you are a member, the first thing to do, if not done already, is to check out the website often. Tons of useful resources are there, e.g., member directory, job board, events calendar. Try your best to attend events and meet fellow industry professionals. Lastly, if you have capacity, volunteer and engage with various committees/initiatives, either through one-off contributions or ongoing involvement and leadership positions. Not only will you be able to help build a stronger investment community in Boston, you will also greatly benefit from the volunteering experience of learning and giving back.

Future Benefits of BSAS Membership:

I'm currently on the BSAS Women's Initiative working group. Empowering and helping other women who come from diverse backgrounds and ethnic groups, particularly in an industry like investment where women are still largely under-represented, has always been my personal passion. I'd like to contribute to the growth of this new initiative in BSAS to support and enable more women enter and advance in the investment industry.

Feel Free to Contact Me:

tiffany_hu@ssga.com

Viktor Vasilev, CFA
In Need Solutions LLC
August 2016

Career Path:

My finance career started with a couple of internships as early as my senior year in college while finishing my bachelor’s degree in Business Administration and Economics. I worked for a small auditing firm and a construction company helping with accounting, reporting and data bases. Right after graduating, I was able to start with one of the big names in the consulting industry - Grant Thornton. Financial Audits comprised the bulk of the engagements I worked on, but the matrix team environment helped me get good exposure to other assurance, due diligence and valuation projects. Excited by the value our team was able to bring to clients with our valuation projects, I decided to continue my professional training in a graduate school and focus more in the valuation field.

I pursued my master's degree in Finance at Bentley University, where I acquired the technical skills that allowed me to work as a financial analyst in several software companies, consulting businesses and financial services firms. Having gained practical experience in finance, along with client exposure and project management, I decided to go back to the consulting business and started my own practice to provide financial consulting to individuals and small businesses.

Current Position and Responsibilities:

Currently I manage my own financial consulting practice and I help my clients with accounting, tax and financial planning services. I introduce accounting processes to small businesses, prepare tax strategies and file tax forms, and advise individuals about their retirement plans and personal investment choices.

I also hold an analyst position with DTCC (Depository Trust and Clearing Corporation) where I am part of the team responsible for revenue performance analysis. I work on projects related to pricing new product offerings, creating operational structures of new business lines and researching new business opportunities for the company.
 

Career Development Recommendations:

I believe that career development is very tightly linked to personal development as a valuable member of a community. Personal development can be based on principles we believe in, goals and objectives, and particular paths we take on in order to achieve our goals. Some of the principles that helped me throughout my personal and career development are honesty and ethical behavior, a constant drive for improvement and the desire to create great products. Your options are limitless, whether or not you pursue a career within a company or you start a new venture. In any case, you need to follow some basic principles similar to the above to help you to become a well-respected individual and a productive member of your community.

BSAS Membership History:

I joined BSAS in 2015 after completing the CFA program. It is a great organization filled with smart people with similar interests. As a member, I have enjoyed numerous organized events. I also volunteer in the Financial Literacy Initiative and bring value by creating and delivering presentations, marketing efforts, and relationship management with our partners. BSAS helps me grow as an active member of the organization and allows me to enjoy expanding my professional network.

Most Valuable BSAS Membership Benefits:

Being part of an organization with so many professionals with different backgrounds and experiences is an opportunity to explore new issues and topics. Most peers are very helpful and open to conversations and exchanging ideas. Volunteering projects are also a great way to give back and actually improve your leadership and presentation skills.

BSAS Membership Recommendations:

Members of BSAS can use a wide range of resources to stay up to date with the most current events and developments in the industry. In addition, being a member allows you to make new acquaintances and friends and expand your network. I believe it is a powerful tool in your personal and professional development. Last but not least, this is a great opportunity to participate in volunteering initiatives and give back to the society.

Future Benefits of BSAS Membership:

I am always thrilled to meet new people to share my ideas with and it is an exciting moment when you find like-minded individuals thinking about the same issues, same problems and solutions that can be developed. BSAS can be a great place to find a new business partner, strengthen your relationships with current colleagues or find a new friend.

Feel Free to Contact Me:

viktor.vasilev@inneedsolutions.com

Shannon O'Mara, CFA
Loomis, Sayles & Company, Inc.
July 2016

Career Path:

I started my career at JP Morgan in New York in the analyst training program. After three months of classroom training, I was assigned to the global credit group where I was a risk manager and analyst covering the gas pipeline and electric utility industries. After five years, I moved to Boston to join Loomis, Sayles & Company as a senior credit research analyst covering the utility sector globally. Within a few years, I added homebuilders and building product companies to my coverage, and shortly thereafter the food industry. I became a manager in the credit research group in 2011 and was promoted to associate director of the group in 2015.

Current Position and Responsibilities:

I am a vice president and associate director of credit research where I have a dual role, or as my boss likes to say, I am a "player-coach." I am the senior credit research analyst on US electric and gas utilities, homebuilders and building product companies. In this role, I analyze the credit quality of companies in these industries, assess relative value of their bonds and recommend investments for our client portfolios across high yield and investment grade. In my role as associate director, I manage the research assistants, associates and analysts in the group, which includes hiring, development and resourcing, as well as overseeing our training program. I also partner with the director of credit research to help manage the department.

Career Development Recommendations:

My number one piece of advice is to be curious. One thing that I love about this industry is that I am always learning something new, and I am fortunate to work with very talented colleagues from whom I continually learn. Second, take initiative and seek responsibilities and opportunities that will broaden your skill set. While the saying may be "good things come to those who wait," I believe that good things come to those who take the initiative to do something. Be clear on what it is that you like to do and what you are good at. This may be as simple as making a list of pros and cons or positives and negatives. Each job, assignment or project is an opportunity to not only contribute to the firm's objectives but also to learn more about what you like to do and what makes you successful. Lastly, seek feedback. This will help you identify your strengths and develop skills critical to your success.

BSAS Membership History:

I joined the BSAS in 1999 when I embarked on the CFA exams. I attended the CFA review courses to keep my studying on track, and I also participated in the practice exams, which were very helpful - and certainly humbling!

Most Valuable BSAS Membership Benefits:

The benefits of my membership have evolved over time. Early on in my career, I took advantage of the CFA exam review courses and practice tests. However, membership in BSAS offers opportunities to not only network with colleagues across the industry but also to stay current on issues impacting our industry. It also allows you to give back to the industry through many volunteer opportunities. In fact, I've served on the BSAS Women's Initiative since inception last year and serve on the programs sub-committee.

BSAS Membership Recommendations:

BSAS allows you many opportunities to connect with our industry through networking, education and advocacy. This incredible group of five people leading the BSAS organizes countless committees and executes numerous programs. Do some research and see what interests you. Get involved in something that you are passionate about.

Future Benefits of BSAS Membership:

I'm excited about the work that both the CFA Institute and BSAS are doing for their respective Women's Initiatives. I plan to remain involved in this effort, including attending the "Alpha and Gender Diversity: The Competitive Edge" conference in Boston in September 2016, which is sponsored by the CFA Institute's Women's Initiative. I also look forward to participating in our committee's programs as well as other programs offered by BSAS throughout the year to stay current on topics impacting our industry and to meet others in our community.

Sean Fullerton, CFA
State Street Global Advisors (SSGA)
June 2016

Career Path:

I was attracted to the investment management industry because it offered an opportunity to think big picture about what is going on in the world and surround myself with intelligent, motivated people. I spent the first four years of my career at Commonwealth Financial Network, where I worked as a member of the asset allocation team and took on the role of lead international, global and emerging markets analyst. From there, I joined State Street, spending two years at its independent think tank, the Center for Applied Research (CAR), where I co-authored the Folklore of Finance and the Performance Paradox. These studies take a high level view into the drivers of success for the investment management industry. While at CAR, I traveled quite a bit, presenting our research to clients and at industry events with audiences as large as 400 people.

Current Position and Responsibilities:

I recently joined SSGA’s Portfolio Strategy team. In this role, I foster collaboration across the firm and inform senior level decision-making. This includes interpreting market developments, the competitive landscape and key client trends to provide input into how our capabilities will evolve through time. I also manage and produce investment collateral for SSGA’s Chief Portfolio Strategist. This includes a review of SSGA’s investment strategies, which is utilized by the executive management committee, as well as thematic and thought leadership pieces.

Career Development Recommendations:

It struck me that there is a lot of great career advice on this page already, so I took an inventory of the recommendations given by other BSAS members who were profiled in previous months (email me if you want the spreadsheet). By far, their number one suggestion is to relentlessly pursue learning opportunities. Gaining credentials, working/networking with good people, volunteering, and setting goals were also popular pieces of advice. It’s hard to improve upon these solid recommendations, but I will offer one observation: An analytical mind and thirst for knowledge are prerequisites for many roles in the investment management industry. I’ve observed, however, that many of those who are particularly successful also develop their soft skills. It’s essential to have great ideas, but it’s equally important to be able to communicate them.

BSAS Membership History:

I joined BSAS in 2013, after completing the Chartered Financial Analyst course of study. I currently sit on the Financial Literacy committee and am a member of the BSAS Women's Initiative.

Most Valuable BSAS Membership Benefits:

What I value most about BSAS is that it offers opportunities to make a direct, positive impact on society. Thanks to the great people I’ve met at BSAS events and in BSAS committees, I now teach a recurring financial literacy class at a local correctional facility, as well as an occasional class at the Boston Public Library. BSAS also serves as a platform to advocate for things I care about, such as gender diversity in our industry.

BSAS Membership Recommendations:

I think the hardest part of getting involved in an organization like BSAS is taking that first step. If you’re relatively new to the organization, I’d recommend that you go to the BSAS website and fill out the Volunteer Opportunities form. There are lots of ways you can use your skills to make a positive impact.

Future Benefits of BSAS Membership:

I look forward to remaining an active member of BSAS and continuing to meet and learn from other BSAS members.

Feel Free to Contact Me:

Sean_Fullerton@ssga.com

Ariel Fromer Babcock, CFA
Tecogen, Inc.
May 2016

Career Path:

My first real job in the financial industry was on the trading desk of a financial sector-focused long-short strategy hedge fund. After a few years I realized I was more interested in the research side of the investment business and joined the fund's research team as an analyst covering the life insurance and asset manager sectors. This transition took place in 2006 -- right before the alternative asset managers like Blackstone (BX) started going public -- so was it a pretty exciting time to be focused on that space. Eventually, a few colleagues and I left the hedge fund to join American Independence Financial Services (AIFS), a boutique mutual fund manager, as a team managing their newly acquired equity products. At AIFS I expanded my coverage to include Consumer, Industrials and TMT names and eventually became Vice President of Equities and Assistant Portfolio Manager for several of our equity funds. After several years of strong performance at AIFS, in 2012 our equities group left to join Calamos Investments as their new value-equities team. Recently, after nearly 10 years working with the same team, I left investment management in 2015 and joined the recently public clean energy company Tecogen Inc. as their Director of Investor Relations.

Current Position and Responsibilities:

As Director of Investor Relations at Tecogen Inc. (NASDAQ: TGEN), I handle investor and shareholder focused communications and outreach. Because we are a small company, I also handle a decent amount of Tecogen's media and marketing efforts as well as advising on corporate strategy and business growth initiatives. Coming from an investment industry (buy-side) background, it's been fascinating to be on the other side of corporate communications and to be the voice of shareholder and investor concerns inside a company.

Career Development Recommendations:

There is a lot of advice about career development that seems to focus on titles, compensation, and moving around every few years to get more and varied experience on your resume. That may be valuable advice for some but the majority of my career development success came from finding a smart group of people to work with and sticking together. The people matter more than the title and eventually the title catches up. I was told early in my career never to work with anyone who doesn't make you look smarter and that was sound advice. Find the most intelligent people possible and stick with them.

BSAS Membership History:

I joined BSAS in my final year as a CFA candidate, while studying for Level III several years ago. I had just moved back to Boston after five years away and it was a great way to reconnect with the local investment community.

Most Valuable BSAS Membership Benefits:

BSAS has been a great resource for networking but also, and maybe more importantly, as a sounding board for ideas within the industry. I have never encountered a challenge in the investing world for which a BSAS member hasn't had similar experience and was able to offer sound advice.

BSAS Membership Recommendations:

Go to the learning sessions! Attend the networking events! Volunteer for Financial Literacy! The BSAS Financial Literacy initiative is a great way to give back to the greater Boston community by helping out with knowledge most of us probably take for granted on a regular basis. The majority of our citizens do not plan appropriately for retirement, mishandle credit cards and other debt instruments, and are likely not familiar with even basic investing terminology. As a BSAS member your knowledge is an invaluable resource for your neighbors if you give a little time even just once a year.

Future Benefits of BSAS Membership:

Looking ahead I think BSAS is well positioned to be a fabulous partner for the Boston community. In the face of dwindling support for traditional defined benefit pension plans we can offer individuals the tools to evaluate their investment options and hopefully set them on the path toward a sound financial future. From an industry perspective, Boston has been a stronghold of long term investing. Organizations like BSAS help our profession confront asset management industry headwinds and provide thought leadership when it comes to our constantly evolving space.

Additional comments, quotes, wisdom:

From my days on the trading desk - and also out sailing - the sea, like the stock market, hates a coward.

Feel Free to Contact Me:

ariel.babcock@tecogen.com

Lee Souter, CFA
FactSet
April 2016

Career Path:

Following college, I spent 2 years working for my fraternity's headquarters in Kentucky. After moving to Boston, I worked at John Hancock in compliance and Evergreen Investments in sales research until the 2008 recession. During the worst of the recession, I started the CFA program and went back to graduate school. Eventually, I connected with a former classmate who helped me land a job at FactSet, where I have been for 6 years.

Current Position and Responsibilities:

As a Fixed Income Specialist at FactSet, my main responsibilities are to grow and support our fixed income clients throughout the northeast and eastern Canada. This is done through collaboration with the regional sales and consulting teams as well as working with the product team to enhance and develop our fixed income tools. 

Career Development Recommendations:

Be open-minded and find the learning opportunities in everything. Not everything will be perfect along your career, but reacting negatively will stunt any growth opportunity. Remaining positive and viewing everything as a chance to learn will open doors and help you when things do start to change.

BSAS Membership History:

I joined BSAS shortly after passing Level 3. I joined because I wanted to be part of the local CFA society and to be able to take advantage of having one of the largest local societies in the world - for networking, events, educational opportunities.

Most Valuable BSAS Membership Benefits:

As one of the largest societies, BSAS provides a lot of benefits that other societies cannot. The frequency and quality of events, the breadth of volunteer opportunities, and the access to the myriad CFA charter holders in Boston are benefits that very few societies enjoy.

BSAS Membership Recommendations:

Like most things, you get out what you put in. You can pay your dues and be a silent member, but you will not get much out. Or you can attend events, volunteer, take advantage of the networking opportunities, and grow yourself personally and professionally.

Future Benefits of BSAS Membership:

Growth as a person and as a member of the investment community in Boston. Through educational opportunities, lectures, networking, volunteering.

Feel Free to Contact Me:

lsouter@factset.com

Debi Rossi, CFA
Kyza Performance Consulting
February 2016

Career Path:

My first job out of college was selling stocks for a small brokerage firm. I realized I wanted to know more about the securities and why they were being recommended. I was told the "analysts" do that. From there, I went to work at an actuarial firm and then the investment group of an insurance company where I would work on everything from trading, monitoring portfolios, calculating the returns and analyzing the investments. It was at Penn Mutual that I was first introduced to AIMR and the developing AIMR-PPS standards, it was my responsibility to make sure we adhered to those standards. For almost 20 years, I worked at Turner Investments managing there performance department. It was during this time that I was afforded the time to be involved in the industry by attending conferences and forums and become active in the performance measurement community. I have been involved with investment performance analysis for over 25 years.

Current Position and Responsibilities:

I am now President and founder of Kyza Performance Consulting. My key responsibilities are to provide consulting services to investment management firms, and other investment performance related organizations that need practical advice to meet the GIPS standards and to insure they are adhering to the highest ethical and professional practices. My husband likes to refer to my career choice as being like a "scorekeeper" -- keeping "score" of investment management portfolios. Similar to someone who keeps stats at a baseball or lacrosse game.

Career Development Recommendations:

My recommendation for career development is to keep learning and become actively involved in the investment community. I think it is important to enjoy what you are doing. Be open to new opportunities along the way and take responsibility for your choices. I think teamwork is important and appreciating what each person brings to the table is a key to success. Be willing to learn from others.

BSAS Membership History:

I joined BSAS and AIMR around the same time because I was responsible for the AIMR-PPS standards within the firm and thought it was important that I personally should adhere to the professional and ethical standards that were set forth by these organizations.

Most Valuable BSAS Membership Benefits:

BSAS is a great resource for continuing education and for keeping up-to-date on current market trends.  BSAS has a great staff that is continually trying to improve and promote the highest professional and ethical standards.

BSAS Membership Recommendations:

I would recommend BSAS membership to everyone that serves in the investment/financial industry. The educational, social and networking opportunities are extremely beneficial. It is a very active and inclusive organization that strives to make itself better and stronger by offering the best opportunities for its members. For current members, become more involved by volunteering on the various committees and share your expertise with others.

Future Benefits of BSAS Membership:

I would like to become more involved with sharing the importance of the investment industry to high school and college students. It is important to share this knowledge with the younger generation. BSAS is making great strides by partnering with groups like IIG (Investing in Girls) and others. I had the privilege of participating in a couple of these sessions and was very impressed. The interaction with the students was a great learning experience for me, too.

Additional Comments/Quotes:

Find joy in what you do, respect others, be true to yourself and set a good example for your children. Do the right thing, even when no one is watching.

Feel Free to Contact Me:

stevefusicfa@gmail.com

Stephen F. Fusi, CFA, CFP
Wentworth Institute Endowment Investment Committee
January 2016

Career Path:

I started out as a mechanical engineer after graduating from Wentworth Institute of Technology. My career path took a major turn while working out in Los Angeles. Already a fan of the Wall Street Journal, and starting to invest for myself, I had the lucky opportunity to meet legendary investor, Marty Zweig, who persuaded me to consider changing careers. As a result I took a job as a broker with EF Hutton, which was a premier firm at the time.

More suited to analysis than sales, I returned home to Boston where I joined an old line money management firm, United Investment Counsel, run by the Babson family. I stayed with this company and its successor, Boston Advisors, for 23 years as a Senior VP/Portfolio Manager and limited partner. Finally I was CIO of a small RIA, New Wealth Advisors, for almost 5 years until I retired in April.

The CFA and CFP were obtained early in my career and both proved to be invaluable. Never missing an opportunity to ask good questions and seek out mentors, I was able to move quickly up the curve.

Current Position and Responsibilities:

Before I retired, my responsibilities and tasks included numerous quantitative analyses, asset allocation construction, setting investment policy and strategy, current income focus, and new business. Intergenerational wealth transfer and estate planning were my favorite activities.

I continue working to cull the various skills learned over a long career span to not only manage my family finances but also to serve as Chair of the Wentworth Institute Endowment Investment Committee.  

Career Development Recommendations:

I really believe that a broader experience in the investment field will lead to a more educated and flexible career experience. While some may prefer to hyper-focus on one or more specialized areas, the landscape is so rapidly changing that a well-versed and motivated individual should be able to keep one step ahead.

Staying current is critical. A myriad of opportunities are available to do so, including those offered through BSAS. I mentioned earlier that I also obtained the CFP early on in my career. Its curriculum provided me with insight into wealth management that was additive to just analysis. I would also say that these days, the CAIA is almost a must.

BSAS Membership History:

I joined in 1988 as a CFA Level I candidate. The test review sessions offered through BSAS were very helpful and just being immediately immersed in the investment field was a worthy mindset. Also, the ability to network and learn about the many career facets of investment management helped me to better steer my own career path.

Most Valuable BSAS Membership Benefits:

Some benefits are already noted above. In addition, a professional industry organization such as the BSAS is like a group of friends. The many educational luncheons, career advice, CFA exam prep, the annual Market Outlook Dinner with its high level featured guest speakers, are just a few of the benefits available to members. The key is to avail oneself of them frequently.

I was fortunate to be a mentor in the inaugural year of the mentorship program. It allowed me to share my years of experience and career direction and also to learn from my younger mentee.

BSAS Membership Recommendations:

No membership is really useful unless one somehow gets involved. Some employers strongly encourage membership and some do not. Either way, I recommend joining early in one's career and staying a member for the long haul. 

Current members should try to go the extra step by joining one of the many subcommittees. I was a member of the Private Wealth Management Committee for three years and found that this not only provides the opportunity to give back but also allows members to engage with others with similar or somewhat dissimilar industry experience. 

Future Benefits of BSAS Membership:

Since I have retired from the day-to-day activities of my investment career, I will be exploring ways to not only stay involved but also to use my my experience to help others. I definitely plan to take advantage of my membership by attending some industry luncheons and other learning opportunities. 

Additional Comments/Quotes:

I'd say that my 27 year association with BSAS has been a cornerstone of my career. Advice received and the respect garnered by fellow members has been so worthwhile. I'd call BSAS a lifelong friend.

Feel Free to Contact Me:

stevefusicfa@gmail.com

Vitaly Veksler, CFA
Beyond Borders Investment Strategies, LLC
December 2015

Career Path:

I often joke with my friends that my road to becoming a global investor started when my parents put a map of the world in my bedroom when I was three years old. Since I can remember myself, geography and history of various countries have been my favorite subjects. I have been fascinated with comparing economies, business practices and cultures of various countries. I became interested in investing per se when I developed an artificial-intelligence based expert system for analyzing creditworthiness of companies. I did this when I was an intern at one of the largest Russian banks during the perestroika reform years in the 1990s. At that time, the bank was struggling to change its lending procedures from distributing capital to large state owned enterprises, which it did during the Soviet era, to identifying newly-created or privatized companies that would be able and willing to repay their loans.

Over the following years, I was very fortunate to pursue my interest in global investing while being surrounded by some of the smartest investment and business minds at leading academic institutions and companies. I was lucky to work for such leading investment management firms as State Street Research & Management (now BlackRock), Fidelity Management & Research, and BNY Mellon Asset Management. I studied investing, macroeconomics and business at the Fletcher School at Tufts University and MIT Sloan School of Management. I also greatly benefitted from studying for CFA exams, and interacting with instructors and candidates at CFA exam review classes at BSAS.

Current Position and Responsibilities:

I serve as the CEO and Portfolio Manager at Beyond Borders Investment Strategies, LLC. I have founded the firm with the goal of helping investors increase returns of their portfolios and reduce their risks by investing globally rather than just in their own countries. My firm manages portfolios that consist of single-country equity exchange traded funds (ETFs). We buy ETFs of countries where stock markets are trading at low valuations due to various economic, political or business crises, and sell these ETFs when valuations of these markets rebound to their long-term historical levels. We reduce risks of our client portfolios by investing in ETFs, or baskets of stocks, rather than in individual stocks because this provides the portfolios with better diversification benefits. In order to determine timing for buying or selling ETFs of individual countries, we analyze global and country-specific trends in such areas as macroeconomics, geopolitics, finance, legislation and regulations. Recently, other investment firms and institutions started asking us to consult them and present to them on the current macro trends (i.e. country selection and rotation, global economic outlook, impact of low energy prices on the global investment landscape).

Career Development Recommendations:

In my opinion, successful people usually excel in three areas. They know their subject matter really well, have strong networks in and outside of their fields, and use their knowledge and networks for solving problems across these fields. Boston’s investment professionals can improve their expertise in each of these areas using BSAS and other resources. First, in order to strengthen investment knowledge, the professionals can pursue their CFA charters, participate in graduate programs, take individual classes online and at local universities, attend events and conferences at BSAS and other organizations, and read books written by successful investors. Second, strong industry networks that the investment professionals can develop through BSAS and other organizations can help them find jobs that are not advertised and excellent candidates for these jobs. Finally, networking with colleagues in and outside of one’s field of expertise can help these professionals expand their horizons. They can learn goals that their colleagues are trying to achieve, understand challenges that they face, and even assist in reaching these goals. At a minimum, the professionals can improve their skills in their own fields if they try to help their colleagues solve problems in the colleagues’ fields of expertise. For example, I truly enjoy sharing ideas on country analysis with my fixed income colleagues who work in the sovereign country analysis field, as well as with political risk analysts. I feel that our conversations often help us strengthen our knowledge in our own fields while, on occasion, these conversations serve as catalysts for solving each other’s problems.

BSAS Membership History:

I started attending BSAS events in 2001 and joined the organization after I earned my CFA charter in 2006. In 2012, I started volunteering on the Strategist / Economist subcommittee of the Programs committee. A year later, I was asked to chair the subcommittee. I have been chairing the subcommittee since then as I truly enjoy producing events with talented subcommittee members. In the past, I also worked on the development of the BSAS Asset Allocation and Sustainable Investing Conferences. I also advised Tufts University’s team on equity analysis as it participated in the CFA Institute Research Challenge. In June 2015, I received BSAS’ first-ever Volunteer of the Year Award.

Most Valuable BSAS Membership Benefits:

BSAS helps its members develop their investment knowledge and industry network. I continue to be amazed by the quality of speakers that we get at the society’s events. BSAS members can talk to the speakers, as well as to other members of the society, who are often as knowledgeable on various topics as the speakers.

BSAS Membership Recommendations:

I often advise my friends to volunteer on one of the BSAS’ committees as it provides people with two major benefits. First, there is no better way to make friends than working with people on common projects. Second, by being on committees a member can actively impact BSAS’ offerings. For example, by being on one of six subcommittees of the Programs committee, a member can choose speakers and produce events with them rather than being limited to attending events with speakers chosen by others.

Future Benefits of BSAS Membership:

Benjamin Franklin once said, “An investment in knowledge always pays the best interest.” I look forward to investing in knowledge and sharing my interest with BSAS colleagues by producing new events, attending events produced by others, and continuing dialogue with all of my BSAS colleagues and friends.

Feel Free to Contact Me:

vveksler@bbistrategies.com

Soo Jin Jeong, CFA
Fidelity Investments
November 2015

Career Path:

My passion for the financial markets started with my internship at a financial firm in 2008. The ripple effects of the financial crisis on the global markets, including my team which was dissolved as a result of the crisis, made me want to better understand the root cause of the meltdown and find ways to prevent it. To gain more knowledge of the securities industry, I pursued the CFA and CPA certifications and joined Fidelity Investments’ Corporate Audit group after graduation. This was a great learning experience as I gained knowledge on how to identify and evaluate risks associated with the asset management business. Nevertheless, I wanted to do something more market-related and transferred to my current team, Financial Markets Group. My team focuses on helping the firm manage market-related risks for our clients – perfectly aligning with my passion to understand and evaluate risks associated with financial markets.

Current Position and Responsibilities:

As a Senior Financial Markets Analyst, my role is to perform research and quantitative analysis on market and risk related topics and independently validate financial models. We also provide consulting services to Fidelity’s subsidiary companies to evaluate portfolio management or asset liability management practices.

Career Development Recommendations:

Find your passion, take ownership of your work, and focus your energy on making it better. This goes along with the Kaizen philosophy, a practice of continuous improvement that is part of the Fidelity culture. Kaizen emphasizes that if you remain open to learning new things and keep building upon each day’s experiences, small changes will lead to a big difference. The day-to-day work may not always seem immediately meaningful, but I have found that it accumulates into a far greater benefit.

BSAS Membership History:

I joined BSAS in 2014 in order to be engaged with the local finance community and continue my professional growth. I am also part of the Global Equities Committee beginning in 2015.

Most Valuable BSAS Membership Benefits:

I have found the networking opportunities, educational seminars, and community involvement to be the most valuable benefits.

BSAS Membership Recommendations:

I highly recommend BSAS membership to take advantage of the local network. BSAS is a great place to meet peers and mentors, and it gives you access to the top industry professionals and opportunities to learn from them directly.

Future Benefits of BSAS Membership:

In the coming years, I want to become more involved in the financial literacy efforts in the community as I firmly believe that financial knowledge is essential regardless of the field you work in. I currently participate in providing financial education to local schools as part of the Citizen Schools program and hope to expand my footprint in the area by leveraging the BSAS’s initiatives.

Additional Comments:

“Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.” – Charlie Munger

Feel Free to Contact Me:

soo.jin.jeong@fmr.com 

Tarik Emara, CFA
Citi Private Bank
October 2015

Career Path:

My career really started at Northeastern University where I did three separate 6-month co-ops in three different industries; accounting, wealth management, and hedge funds. After graduating in 2010, I accepted an offer from Liberty Mutual Investments where my first role was focused on daily cash management and liquidity for the Company. I eventually internally transferred to the Private Equity Group within Liberty Mutual Investments, where my role consisted of the due diligence and monitoring of a portfolio of Private Equity investments across geography and asset class. I recently left Liberty and joined the Private Equity Research and Management Team at Citi Private Bank.

Current Position and Responsibilities:

I am currently an Assistant Vice President on the Private Equity Research and Management Team at Citi Private Bank. My primary responsibility is the due diligence of potential Private Equity and Debt Investments, mainly in North America. I also assist with structuring each deal in a way that would be best for our clients. Once due diligence is complete and the team is comfortable with an investment, my primary responsibilities shift more towards marketing and educating our sales force.

Career Development Recommendations:

A network is very important, but do not think that opportunities will just come to you. You have to be willing to put the time and effort in to make things happen for yourself. This can apply to studying for your Charter, going for your MBA, making an internal move within your company, applying to a job at a new company, etc.

BSAS Membership History:

I joined BSAS in December 2013, the same time I was officially approved as a CFA Charterholder. My main reason for joining was to keep in touch with the people who had just been through the same grind that I had been through while working to receive my Charter.

Most Valuable BSAS Membership Benefits:

The most valuable benefit to me is the ability to build a network by attending the events, whether it is something strictly for fun like the "I am not taking the CFA Exam Party" or educational events on Emerging Markets, Sustainable Investing, etc.

BSAS Membership Recommendations:

It never hurts to have as large a network as possible. There is such a wide array of people in BSAS with different backgrounds and career experiences. I would recommend going to as many events as possible, including some outside of your area of expertise.

Future Benefits of BSAS Membership:

I hope to keep meeting new people and hearing from different interesting speakers at events both in and outside of my current career focus.

Additional Comments/Quotes:

For anyone in the process of taking the CFA Charterholder exams, my best advice is to keep an even balance between your studying and your life. You obviously need to have a schedule and put a lot of time into studying, but it is also very important to do other things to keep your mind at ease. Make time for the gym, watch football for a few hours on Sunday, hang out with your friends/family one night on the weekend, etc.

Feel Free to Contact Me:

tarik.m.emara@citi.com 

Sofia Faruqi, CFA
Loring, Wolcott & Coolidge
September 2015

Career Path:

I was convinced finance wasn’t for me after my first job in investment banking. But the 2008 economic crisis changed my mind since the wild fluctuations in the stock market were intriguing. How could a company’s stock be priced at $100 one day and then at $2 six months later? Curious to learn the answer, I joined the stock-picking team at a Canadian pension fund in 2009 and completed the CFA exams while I was there. I left two years later for business school and worked at a hedge fund in San Francisco for my summer internship. After graduation, I moved to Boston to join Loring, Wolcott & Coolidge (LWC).

Current Position and Responsibilities:

As a portfolio manager at LWC, my responsibilities fall in three buckets. The first consists of equity research, where I scrutinize current and potential investments for our portfolio. Second, I focus on our investment strategy—what it is and how we implement it—and broader investment themes. Finally, I think about the success of the firm and what more we can do to meet and exceed our clients’ needs.

Career Development Recommendations:

Dedicate at least 10% of your time to learning and another 10% to giving back. The first is essential to keep your mind active, and the latter to nourish your heart. I try to take classes regularly—ranging from writing to mindfulness to scuba diving in 2015—and to seek out those whom I respect and can learn from as mentors. I give back by teaching financial literacy classes in the community and saying yes to all requests I receive for career advice (around 50 in the last year).

BSAS Membership History:

I joined BSAS last year after becoming a CFA charterholder. While I expected it would be a good way to meet peers in the financial community, I have been pleasantly surprised that it’s also a wonderful way to make friends in a new city. Most members I’ve met have lived in or traveled to many countries and are well-rounded and interesting people.

Most Valuable BSAS Membership Benefits:

In addition to the people, I loved that BSAS was making a big push on financial literacy. I had already been teaching financial literacy classes, and BSAS gave me another avenue to do that through speaking opportunities at the Money Conference and the Boston Public Library. The financial literacy initiative is a great way to leverage the knowledge of the CFA charterholders to the benefit of the broader Boston community.

BSAS Membership Recommendations:

If you are a CFA charterholder and live in the Boston area, then there’s every reason to join: great people, frequent events, community initiatives… My advice would be to get involved by going to a couple of events, which range from educational to social to career development.

Future Benefits of BSAS Membership:

I hope to continue to meet interesting people and to remain involved in the financial literacy initiative.

Additional Comments:

Many CEOs came to speak to my class in business school. When probed about what drove their success, there was a common thread in the response: They stayed physically fit. The exercise and healthy eating gave their bodies the strength to tackle demanding schedules and difficult problems. I used to skip the gym when my week became too busy, but now I prioritize at least four workouts a week. It’s been great not only for my physique, but also for my mood.

Feel Free to Contact Me:

sfaruqi@lwcotrust.com 

John L. Bowman, CFA
CFA Institute
August 2015

Career Path:

I started my career in investment management with an internship at Standish, Ayer and Wood during the summer of 1996. For the next 8 years, I served as an analyst and fund manager at both SSgA and Mellon managing non-US equities in Boston. In 2004, I joined CFA Institute.

Current Position and Responsibilities:

After returning from two years in London where I led our credentialing programs globally, I have just assumed the role of Managing Director of the Americas. In this role, I oversee the strategy and execution of our business in our largest region, the Americas, including the United States, Canada and Latin America. I serve as the face and voice of the organization in this area of the world with the media, regulators, and employers to advocate for high standards of practice, market integrity and professionalism. I partner with our nearly 90 societies to advance our mission in local communities and optimize the member value for our 80K members.

Career Development Recommendations:

Early in my career, one of my mentors exhorted me to be "humble and hungry" as my career mantra. That anthem has stuck with me for two decades and I've shared it with young aspirants as well. This industry is so often plagued by hubris so those that are hard working but also self-sacrificial and aware with an ultimate objective of serving the client rather than self or corporate interests will prosper in the next generation. Surround yourself with mentors with this identity, realize you don't have all the answers, never compromise on ethical principles, and seize opportunities. 

BSAS Membership History:

My first interaction with BSAS was in the late 90's, utilizing their excellent candidate programming in my own preparation for the CFA Exams. I joined immediately upon earning my charter in 2000 and other than my time in London, BSAS has remained my "home" society ever since. As one of the world's buy-side centers of excellence, the networking and professional community offered in Boston and through BSAS is second to none. 

Most Valuable BSAS Membership Benefits:

BSAS offers access to an elite community of investment professionals, excellent programming, and leadership by an outstanding staff.

BSAS Membership Recommendations:

First, being a professional requires engagement with your local community. A profession exists for the greater good of serving the society in which it exists and the collective energy, wisdom, and intellect of BSAS membership is a powerful force and voice to shape the future of finance. Second, in order to be effective and competent in practice, professionals need to maintain currency and relevancy with the latest investment practices, approaches and processes. So take great advantage of access to the great industry minds and content BSAS affords you. Finally, give back by serving on a committee or in a more formal governance role.

Future Benefits of BSAS Membership:

I'm confident that if we mobilize in a more coordinated fashion, we can bring even greater awareness to the benefit of the charter and the values we ascribe to as professionals with local employers and regulators. Ultimately, it's the local CFA societies like BSAS that are best equipped to recover the narrative in the public square that investment management is a very positive and necessary element of a thriving economy.

Feel Free to Contact Me:

john.bowman@cfainstitute.org 

Kelly Orr
Vanguard
July 2015

Career Path:

I have been in the financial services industry for 22 years. In 1993 I started working in Internal Sales at PIMCO. I then began overseeing National Accounts, and spent 11 years as an Advisor Consultant working with New England-based broker/dealers, regional firms, and banks. I joined Vanguard in 2012 as a Sales Executive and now support the RIA firms in the greater Boston area.

Current Position and Responsibilities:

As a Sales Executive in Vanguard's Financial Advisor Services Division, I work with and align Vanguard resources (thought leadership, portfolio analytics, and practice management) for the RIA community in Eastern Massachusetts, New Hampshire, Maine and Vermont. I am currently based out of Back Bay in Boston and will soon relocate to Portsmouth, NH.

Career Development Recommendations:

All the best ideas are borrowed so I will share one of my favorites, "Lift While You Climb.” Throughout my career, I have benefited a great deal from contacts I met while networking and connecting early on. Financial professionals have been generous with their time and efforts by sharing stories of their career, making introductions, and ultimately, helping me in my career path and "climb." After a few decades of being in this financial business, I hope that as I continue to "climb," I can "lift" others at the same time whether by helping people get an early start into a career, a side-step into another venue, or a significant career “climb.”

BSAS Membership History:

I joined BSAS last year after frequently hearing great things from the financial advisor community about the programming and networking opportunities. I volunteered and have enjoyed working on the BSAS Private Wealth committee for the last year.

Most Valuable BSAS Membership Benefits:

BSAS gives tremendous access to a professional network of peers and an opportunity to benefit from the great investment talent here in Boston.

BSAS Membership Recommendations:

BSAS also provides a rare opportunity to share, learn, and network with the greater Boston financial community. The best way to maximize your membership is to volunteer on any one of the BSAS committees and take advantage of the many programming opportunities.

Future Benefits of BSAS Membership:

I've enjoyed being part of the BSAS Private Wealth committee and look forward to continuing in this role. I am also actively planning to volunteer in other parts of the BSAS organization.

Feel Free to Contact Me:

kelly_orr@vanguard.com

Brian T. Eddy, MBA, CFA, CFP
PortfolioFix, LLC
June 2015

Career Path:

I have worked for various large and small companies over the last 15 years and have always held private wealth management positions. My longest career stint was at State Street Global Advisors, which became US Trust Company. During that time, I earned credentials which supported my work with private clients. In 2014, I started my own registered investment advisory firm, PortfolioFix, LLC, which provides financial planning and wealth management services to individuals and institutions.

Current Position and Responsibilities:

My current position is founder and financial advisor of PortfolioFix, LLC, based in Beverly, MA. I focus on creating individual, customized financial plans and investment portfolios for clients. Inherent in my position is the role of marketer of my services, as well as researcher to find investment opportunities for my clients.

Career Development Recommendations:

I recommend that those interested in career development utilize a strategy to not only obtain the most sought after professional credentials in their chosen field, but take advantage of any networking opportunities available with like-minded professionals. Many opportunities are ultimately found through professional networks in your area. The investments field is also constantly changing. Continual learning and keeping abreast on changes in the industry is key to career development.

BSAS Membership History:

I joined BSAS in 2011 after I had earned my CFA Charter. I joined because I wanted to be part of a larger community of professionals that shared common career and educational goals. BSAS, as an organization, has an excellent reputation amongst professionals in the field, and it was a great opportunity at the time for me to get more connected in the finance industry.

Most Valuable BSAS Membership Benefits:

I have met so many motivating, incredible professionals through BSAS. The members that I know and have met have a very long-term dedication to the organization. I haven't been involved in an organization that is so dedicated to the growth and inclusion of their members. In fact, I would be very surprised if BSAS staff members don't know each member personally.

BSAS Membership Recommendations:

I have been told many times that the investment industry in Boston is a small world. With over 5,000 BSAS members in the Boston area, many of whom hold the CFA Charter, the value of BSAS as a professional organization is obvious to me. I definitely recommend not only joining BSAS, but making an effort to get to as many events as possible.

Future Benefits of BSAS Membership:

I'm encouraged by the direction BSAS is moving in relation to Financial Literacy and the expansion of educational endeavors. I believe that there is a need for basic financial education to the public, and hope to contribute to that goal.

Feel Free to Contact Me:

brian@portfoliofix.com

Sarah N. Samuels, CFA
Massachusetts PRIM Board
May 2015

Career Path:

My career path includes varied roles and perspectives, ranging from institutional asset management to portfolio management to asset ownership. As a German major with a Liberal Arts degree, I entered the investment management industry working for Wellington Management Company. I quickly fell in love with the work and the industry, and worked up the analyst ranks and became an Assistant Vice President at Wellington, pursuing the Chartered Financial Analyst designation and a Master of Business Administration degree from Boston University during my free time. After six years at Wellington, I joined Boston Advisors as an Associate Portfolio Manager, where I participated in all aspects of the portfolio management process, including stock selection, making trades, portfolio construction, and portfolio reviews with clients. My next step was to join the Massachusetts Pension Reserves Investment Management Board (Mass PRIM), the firm that invests the state of Massachusetts' $60 billion in pension fund assets. I've had the good fortune to work with a talented group of investors and grow my career at Mass PRIM, and was recently named Deputy Chief Investment Officer.

Current Position and Responsibilities:

As Deputy Chief Investment Officer, I lead Mass PRIM's asset allocation and investment research initiatives, as well as manage the Public Markets portfolios and a 3-person investment team. The first part of my job, asset allocation and investment research, includes ongoing creation and monitoring of asset class valuation models, economic cycle frameworks, asset class reviews, and investment manager selection models. The second part of my job, managing the publicly traded assets of the Fund, entails overseeing 43 portfolios across multiple asset classes (including U.S. equities, international equities, emerging market equities, US Treasuries -- nominal and inflation-linked -- core bonds, high yield bonds, bank loans, and emerging markets debt). Along with my talented team, I review portfolio performance, risk, and economic regime factor exposures, and present market, economic, and performance updates to Mass PRIM's Investment Committee and Board on a regular basis.

Career Development Recommendations:

Invest in yourself by advancing your education through CFA Institute, BSAS, and/or graduate work. Always ask why, raise your hand, and don't be shy. Intellectual curiosity and hard work will pay off in spades. In my experience, the greatest attribute of the investment industry is there are ALWAYS opportunities to keep learning.

BSAS Membership History:

I joined BSAS in 2009 when I was awarded the Chartered Financial Analyst designation. BSAS is a vital organization to the Boston investment community, and I am proud to be a part of it.

Most Valuable BSAS Membership Benefits:

BSAS offers valuable programs to investment management industry professionals at any stage of their career. As a CFA charterholder candidate, I utilized the BSAS practice exams and prep courses. After becoming a BSAS member, I attended fantastic luncheons and events with industry experts and peers. Finally, BSAS offers the opportunity to engage in the exchange of ideas and to maintain the integrity of our industry.

BSAS Membership Recommendations:

BSAS is a world-class organization that I believe improves Boston's investment community. The best way to maximize your membership is to participate in events and to volunteer in one or more of the many BSAS-sponsored projects. For example, I joined the Asset Allocation sub-committee, and also had the opportunity of serving as a Team Mentor for the CFA Institute Research Challenge.

Future Benefits of BSAS Membership:

As my career evolves, so too will my involvement with and contributions to BSAS. I believe it is my responsibility to advocate BSAS benefits to prospective and current members.

Feel Free to Contact Me:

ssamuels@mapension.com

Carl F. Knowlton, CFA
Knowlton & Associates
April 2015

Career Path:

My career path is an unconventional mix of public and private sector opportunities.  After graduating from the United States Military Academy, I served in the United States Army.  After completing my military service, I accepted a position with a small consulting firm working with the United States Navy. I subsequently elected to attend graduate school at Northeastern University.  After completing the MBA program, I joined CS First Boston where I focused on primary market debt issuance for some of the largest public power issuers.  I then migrated back to public service accepting a senior position at the New York City Economic Development Corporation leading New York City Industrial Development Agency’s efforts to promote economic growth in each of New York City’s five boroughs. After several years, I transitioned back to the private sector joining John Hancock Financial Services where I sourced, analyzed, structured and negotiated utility, project finance and renewable investment efforts across all power generation technologies.

Current Position and Responsibilities:

I run a financial consulting practice providing sophisticated energy and infrastructure stakeholders customized, expert financial advisory services. In this capacity, I source capital through proprietary relationships (debt and equity), structure innovative infrastructure and power generation technology investments, provide financial management, and asset recovery. Most recently I completed an 18 month engagement with a large Canadian investor during which I advanced an investment program that sourced, structured and closed project finance and renewable investment efforts across all power generation technologies. These efforts resulted in the closing of two substantial investments in an innovative renewable energy company employing fuel cell technology and a third large investment in an early stage wind technology company. I am now engaged with a company seeking to commercialize 120 megawatts of merchant electric generation in Alberta Canada.

Career Development Recommendations:

Be a student of your profession. The investment field is constantly changing, evolving and growing. Such an environment requires continuously updating and improving your skills base and knowledge. I believe that investment professionals who actively and continuously invest in themselves are best positioned to succeed.

BSAS Membership History:

I joined BSAS in 2001 as part of the CFA exam program.  Since that time I have been a frequent participant at BSAS networking education events. More recently, I have become involved as a member of the BSAS Financial Literacy Team. Currently, I am volunteering alongside fellow BSAS members working directly with the New England Center for Homeless Veterans to provide one-on-one support and guidance to military Veterans in job search fundamentals.

Most Valuable BSAS Membership Benefits:

I find tremendous networking value to my BSAS membership. Our BSAS colleagues are some of the most respected, interesting and helpful professionals I know. I lean on my BSAS network to identify market trends and brainstorm ideas. All of which ensures my continuous professional growth.

BSAS Membership Recommendations:

Get involved and become an active consumer of the services and opportunities offered by BSAS membership. Attend seminars led by experts to remain current on industry trends. Seek out educational events and happy hour gatherings that foster and grow your professional network. Engage in BSAS outreach efforts that allow you to serve your community.

Future Benefits of BSAS Membership:

I expect to remain active in BSAS programs that provide me with an opportunity to give back to the community. I look forward to continuing to support BSAS efforts to increase financial literacy and job search assistance to the veterans at the New England Center for Homeless Veterans.

Feel Free to Contact Me:

cfknowlton@comcast.com
http://www.linkedin.com/in/carlknowlton

Leah Hirshfield, CFA
MSCI
March 2015

Career Path:

After starting my professional career in fund accounting, I spent the following year and a half at Eaton Vance Management. While there, I focused on analytics for a collection of fixed income mutual funds which invested mainly in mortgage backed securities. This role was a great opportunity to build upon the introduction to the mutual fund industry I received in fund accounting while deepening my knowledge of fixed income analysis. I was in the midst of the CFA exam program at the time and found there to be significant overlap between what I focused on at work and what I was studying during nights and weekends.

I sought a new challenge and from there accepted a role at BNY Mellon Asset Management in investment manager research where I conducted a combined qualitative and quantitative oversight process. I was given the freedom to pursue a variety of projects outside of my stated job responsibilities in my time there spanning the next five and a half years. These included building out and managing a team of support staff in India, collaborating with other business lines that could benefit from the manager research being conducted, managing budgets and working closely with a variety of vendors. I truly enjoyed the type of role where a new day always brought something new to work on; days and weeks never felt redundant.

Current Position and Responsibilities:

I work as a Client Consultant at MSCI, Inc. in the Risk Management Analytics division. My role is to partner with clients of our multi asset class analytics platform, BarraOne, as they work to implement the tool, apply its functionalities to unique investment risk problems and interpret its output. Since I used the same tool for many years in my previous role at BNY Mellon, I strive to bring a unique perspective and practical, hands on experience that clients can appreciate to the guidance I provide. My client base consists mainly of asset management firms, so I am typically discussing manager research, asset allocation and risk oversight on a regular basis. I enjoy comparing and contrasting approaches used at various firms, but most importantly I always strive to solve my clients’ questions and issues and I derive much satisfaction from doing so.

Career Development Recommendations:

Push yourself outside of your comfort zone. When I consider my most valuable experiences to date, they are almost always tasks I didn’t feel ready to do: Taking on first time people management responsibilities, projects that felt too challenging, and spending time helping others when I knew I wouldn’t get anything in return. These have all helped me form long lasting professional relationships, build skill sets I wouldn’t have otherwise had the opportunity to, and allow others to recognize me as a motivated individual who is willing to commit themselves to their work and their company. A second piece of advice is to think carefully about your manager, the relationship you have with him/her and the reputation they are building for your entire team. I have found the most significant success when I have been fortunate enough to have managers who are passionate about both their own and their team’s contributions, are willing to advocate for me, and we can form honest, mutually-beneficial relationships. While it is nearly impossible to choose your manager, it is a very important factor to consider when going through a job search.

BSAS Membership History:

I joined BSAS in 2009 after I had completed the CFA exam program and received my charter after achieving the work experience requirement. At the time, I knew very little about BSAS other than the fact that it was the local chapter of CFA Institute. But as I started attending programs, I began to recognize the value in participating.

Most Valuable BSAS Membership Benefits:

The professional network of peers I have developed. The contacts and friendships I have made are with people I’ve turned to for advice, guidance, socializing, networking for new jobs and keeping up with industry trends. The importance of these relationships and the network built through BSAS is a major part of the reason I wanted to give back; first by volunteering with the Career Development Committee, and now by chairing the Young Leaders Committee and getting involved in the Financial Literacy initiative.

BSAS Membership Recommendations:

I strongly encourage all new CFA charterholders to join BSAS. Don’t just pay the membership dues and then forget all about it. Check out the programming the Young Leaders committee is sponsoring, come to a happy hour event, listen to a lunch speaker, or attend a webinar. There is no better way to develop relationships and continue your industry education. My biggest suggestion for maximizing membership benefits is not to wait until you need or want a new job to get involved. I’ve seen plenty of people attend events because they are job hunting; and while there is nothing wrong with that, if you already have a strong network in place before deciding to pursue a job search you will have much stronger success.

Future Benefits of BSAS Membership:

I have strived and will continue to strive to expand my network, give back to BSAS since it has helped me so much, and spread the word so that BSAS is well known not only in our industry, but throughout the broader Boston community. Additionally, I hope to continue to improve my leadership skills, as this is an area I have been able to recently focus on through chairing the Young Leaders Committee.

Feel Free to Contact Me:

leah.hirshfield@msci.com

Dylan Brix, CFA
The Sustainability Group at Loring, Wolcott & Coolidge Trust, LLC
February 2015

Career Path:

I spent the first 6+ years of my career at Algonquin Advisors, an investment consultant in Greenwich, CT. There I conducted due diligence for the investment strategies on the firm’s platform. The work involved attributing performance, analyzing holdings, reviewing filings, and investigating personnel. Eventually, I was awarded a spot on the firm’s investment committee. We managed the firm’s proprietary alternatives funds, which included strategies in private equity, funds of hedge funds, and unconstrained credit. When I decided to dedicate myself to the field of investment management, I enrolled in the CFA program. After years of lonely Memorial Day weekends, I successfully passed the third exam in the summer of 2012. What a rush and a relief! Equipped with the designation, I had the confidence to pursue my dream, which was to work in the growing field of sustainable and responsible investing. Two years of networking later, I was lucky enough to get an opportunity with the Sustainability Group in Boston last May.

Current Position and Responsibilities:

The Sustainability Group offers individuals and families the opportunity to profitably invest their assets in a manner that can make a positive difference in the lives of people and our planet. As the Environmental, Social & Governance (“ESG”) Analyst, I manage the integration of ESG factors into investment decision-making. Toward that end, I analyze non-financial data which may have a material impact on the financial performance of an investment. My responsibilities require me to flexibly apply the financial analysis skills I learned from the CFA curriculum. Essentially, I am trying to answer the question “would this investment make the portfolio more valuable, and the world a better place?”

Career Development Recommendations:

Make as many mistakes as you can in as little time as possible. I recently read this advice from a language-learning coach. The key to his success was that he starts having conversations with native speakers from day one. He says that it leads to painful moments, but those moments are when the learning happens. When I apply this idea to my own experience, I think about my past networking conversations. Inevitably, I would be nervous, and would make mistakes. But, making those mistakes helped me learn faster and meet influential people. I have to keep reminding myself that if I want to reach a goal in my career, I need to try to do it before I’m ready, and embrace the mistakes.

BSAS Membership History:

I joined BSAS last summer, shortly after moving to Boston. I was excited about joining the Society, especially because I was moving to a new city. I knew that BSAS would be able to help me meet people whom I could learn from, people who were accomplished and relevant to my field. I was particularly interested in the BSAS Sustainable Investing Group, which recently hosted its annual conference in November. The group warmly welcomed me to the planning committee and made me feel like part of the family.

Most Valuable BSAS Membership Benefits:

What makes BSAS uniquely valuable for me is its convening power. Simply put, without BSAS I would not have had the opportunity to meet the people I have. The Society strikes a balance between narrow focus and diversity of interests: its narrow focus on investment analysis creates structure, while its members demonstrate a diverse set of interests with the field. This dynamic is reflected in the quality of its programming.

BSAS Membership Recommendations:

The BSAS website is constantly updated, which makes it easy to research events and groups. To maximize your membership, I would recommend volunteering with an interest group that is planning an event. That type of activity will allow you to regularly meet with the same people, and build valuable relationships.

Future Benefits of BSAS Membership:

Moving forward, my challenge is to find another avenue through which to participate in the Society. I think I would learn a lot by creating something new, because of the work involved. The first step would be to measure interest in a topic, then assemble a team, determine a format, arrange logistics, and execute. But that process sounds a little intimidating... in the meantime, I might focus on learning from those leaders in the Society I admire who are currently running programs.

Additional Comments/Quotes:

Over the summer, I read Stumbling Upon Happiness by Harvard psychologist Dan Gilbert. He spent the majority of the book demonstrating that humans are incapable of accurately predicting future experiences. His solution, instead of trying to predict the future, find someone in a position that you will be in down the road. Ask that person about her or his experience. That is the most reliable data. With this advice in mind, I try not to over-think things, and I ask people for their insights instead.

Feel Free to Contact Me:

dbrix@sustainabilitygroup.com

Kellie Coonan
Meketa Investment Group
December 2014

Career Path:

In 1998, a month after completing my undergraduate studies, I accepted an entry-level Data Analyst position with Meketa Investment Group, an investment consulting firm. I was excited about the growth opportunities that a small firm (at the time) could offer. I also believed the nature of the position, which offered exposure to many different aspects of the industry, would be a great starting point for my career. I was promoted in 2000, and began working directly with clients presenting investment results and recommendations related to investment policies, asset allocation, and manager selection. In 2004, I made the difficult decision to leave Meketa Investment Group to pursue another passion, professional photography. However, while I enjoyed photographing weddings and portraits, I greatly missed working in a business environment surrounded by peers with similar backgrounds. I decided that I would prefer to photograph as a hobby, and return to the business world for my career. Therefore, I was excited and grateful when Meketa Investment Group reached out in 2006 to discuss a newly-created position. The new role involved supervisory responsibilities and even more career growth and development opportunities. Returning to Meketa Investment Group was the best decision I could have made for myself. The new position allowed me to utilize my key strengths: strategic thinking and interpersonal skills. In 2010, I was promoted to the Director of Investment Operations and I was honored to be asked to join senior management at the firm as a Partner.

Current Position and Responsibilities:

I am currently a Principal at Meketa Investment Group and the Director of Investment Operations. As a Principal at Meketa, I am involved in firm-wide decision-making and strategic initiatives. In my role as the Director of Investment Operations, I am responsible for overseeing several departments, including the Software Developers, Investment Data Analysts, and Investment Analysts. Additionally, I participate in the selection and implementation of external software tools and providers of economic and market data and research. I wear a lot of hats, and I truly enjoy them all.

Career Development Recommendations:

What I have learned and would stress is that we create our own career paths. Some of the key recommendations I would make are as follows:
  • Invest in yourself. Regardless of whether your company is paying for it, attend seminars, webinars, and conferences that are relevant to your career goals. 
  • Get involved! Volunteering, mentoring, joining committees, and being an engaged employee are the best and easiest ways to get noticed, while giving back at the same time.
  • Develop strong and productive working relationships with decision-makers in your company, and in your department. You want your name to be the one your manager thinks of when a career opportunity presents itself. 
  • Always know what your next goal is, and make decisions that move you in the right direction. 

BSAS Membership History:

Encouraged by my manager at the time, I joined BSAS about fifteen years ago. Fresh out of college, my manager felt that BSAS would offer opportunities for continuing education through seminars and conferences. I was also considering the CFA program at the time, and BSAS offered study courses and test exams.

Most Valuable BSAS Membership Benefits:

The networking opportunities available via BSAS are the most valuable benefits of membership, in my opinion. When recruiting new talent at the firm, we frequently find our top candidates via the BSAS website or through relationships with members of BSAS.

BSAS Membership Recommendations:

I would recommend BSAS membership because it is an opportunity to be a part of a community of professionals who share the same passion for the investment industry, and face the same challenges. Further, the opportunities to attend events and seminars led by industry experts, to volunteer with other driven professionals, and to learn from some of the most respected leaders in the industry are invaluable.

Future Benefits of BSAS Membership:

I look forward to networking with other BSAS members, to attending BSAS events, and to volunteering as a BSAS mentor.

Feel Free to Contact Me:

kcoonan@meketagroup.com

John Cranston
Cranston Capital Management
November 2014

Career Path:

My first professional finance role was an analyst position at Google. It was a fantastic experience and I learned a great deal about corporate finance. Google is an excellent company to work for, and though I was part of a great team, I eventually left to pursue a position in personal finance and investing. I joined a financial advisory team at UBS in Silicon Valley where I gained a lot of valuable experience supporting Ultra-High Net Worth Individuals and conducting market research. In 2010, I moved to Massachusetts and joined Merrill Lynch Wealth Management where I was a financial advisor for two years before establishing my own investment firm based on the South Shore.

Current Position and Responsibilities:

I am founder and principal of Cranston Capital Management, a boutique financial planning and investment management firm. I enjoy the independence and hands-on nature of owning my own business, as well as the opportunity to develop close personal relationships with my clients. Each of my client's portfolios are custom built and intensively managed with asset allocations based on the specific needs and goals of the individual client. I take a highly personalized approach, performing all market research, portfolio management, and client reporting myself.

Career Development Recommendations:

My two best pieces of advice are: invest in your own development and don't compare yourself to others. I have always believed strongly in seeking out opportunities for professional development and continuous learning, whether you're an expert or new to the field. Especially in the investment community, it is paramount that analysts and advisors stay current on industry trends and be open to new approaches and ways of thinking. In terms of gauging your own success, stay focused on doing what is right for you. Comparison is a distraction that can take your focus away from personal achievements by giving mental energy to analyzing someone else's actions. Instead, invest your energy in achieving your own goals.

BSAS Membership History:

I joined BSAS in 2013. A concern of mine after starting my own firm was making sure I stayed current with investing trends, and ensuring that I maintained access to a community of fellow finance professionals with whom I could exchange insight and perspectives. BSAS provides professional development and a network of peers that offers opportunities to both learn and give back.

Most Valuable BSAS Membership Benefits:

Ongoing learning via high-quality programs, access to a community of peers, and meaningful volunteer opportunities are what I find most valuable about BSAS membership.

BSAS Membership Recommendations:

This kind of access to a network of peers in the finance industry is rare - and members should take advantage of it! BSAS offers so many ways to be involved, from classes to volunteering to events. Current members can maximize their membership by dedicating time to participate in BSAS programs, and prospective members need only to speak with current members about their experiences to understand the value BSAS provides.

Future Benefits of BSAS Membership:

I hope to take advantage of more of the continuing education opportunities provided by BSAS, and hopefully I'll be utilizing BSAS's career services network as my business grows!

Feel Free to Contact Me:

john@cranstonfinancial.com

Gail Sweeney, CFA
Standish
September 2014

Career Path:

I started my career by working for Fletcher Spaght, a management consulting firm with a venture capital arm who worked primarily with startup companies. I evaluated the competitive landscape, delved into the inner workings of their products, worked with CFOs on financial projections, evaluated contracts and venture funding prospectuses, and even developed job descriptions for the talent these startups would need to hire to take their companies to the next level. I loved the cross-functional demands of my job, but the final product of a consultant’s work is a recommendation. You don’t make the decisions, you move on to the next project before you can see the fruits of your labor blossom.    

When I came to the realization that I needed to change my path, I decided to go back to school for an MSF from Boston College. I wanted a career where I could be more directly involved in the investment decision-making process. First through an internship, and then a consulting role, I learned about the regulatory requirements, asset allocation, and investment decision-making process unique to an Insurance company by working in Portfolio Management at SunLife Financial. 

Current Position and Responsibilities:

I am currently the Portfolio Analyst for the Liability Driven Investing group at Standish.We work with institutional investors like endowments and pension funds, providing customized fixed income solutions that best help the client to hedge their liability exposure through an actively-managed framework. My primary role is to work with the portfolio managers to implement trades across our accounts that meet our clients’ unique benchmarks and guidelines. I collaborate with client service and the actuarial team to interpret the clients’ needs into an investible universe, I work with the trading desk to get our portfolio management views executed in a way that adds value to our accounts, I consult with the operations group to provide and improve reporting both to our clients and to the portfolio managers and credit analysts, and I manage the cash flow requirements of our clients within the context of the long-term performance of their separately managed accounts. 

Career Development Recommendations:

While an undergraduate at Dartmouth College, I read a book that started me down the path to a career in the investment industry: Confessions of a Venture Capitalist. It was the first book I read that showed me how an investor thinks. Through my Economics and Engineering studies I understood both the finance and the technology side, but working in the world of Venture Capital there was an opportunity to combine my passion for creativity, management studies, and my knowledge of electrical engineering.

Do something you are passionate about, because it will show in your work product. Find a team you genuinely like to work with, and figure out what you have to offer that is unique to that team. That’s why they hired you in the first place – because not only are you good at what you do (always strive to do your best work!), but also because you have something special to offer to the team. Never stop learning, and be open to new opportunities.  

BSAS Membership History:

I joined BSAS as an affiliate member as soon as I was eligible, because I wanted access to the vast network of local industry professionals and learning opportunities that are only available to members.  

Most Valuable BSAS Membership Benefits:

I think the most valuable benefit of BSAS is becoming a member of the community of your peers. As soon as I received my CFA charter, I became a regular member, and I felt the responsibility to give something back. I recently joined the programming committee, to help bring in thought leaders who could discuss some of the hot topics most concerning fixed income investors.

BSAS Membership Recommendations:

As I advise prospective college students, you get out of any experience what you put into it. Learn something new from the speakers and webinars, go to networking events, and volunteer to help others (whether it's as a BSAS committee member, or something as simple as explaining what it is you do to others). You may discover a new passion or a new way of thinking that you may otherwise never have encountered.

Future Benefits of BSAS Membership:

I am looking to meet more members at BSAS events, share ideas, and discover how macroeconomic conditions and global events shape investors' views of the market differently.

Additional Comments/Quotes:

"What lies behind you and what lies in front of you, pales in comparison to what lies inside of you." - Ralph Waldo Emerson

Feel Free to Contact Me:

gsweeney@standish.com

Jeremy Cote, CFA
Trillium Asset Management
August 2014

Career Path:

My journey into the investment business began after I read the book One Up on Wall Street, by Peter Lynch. I was a sophomore in college at the time, studying computer science, but that book sparked my desire to learn more about the stock market and ultimately to pursue a career in finance. I decided to change my major to economics and completed an internship at a local Smith Barney brokerage office. After graduation I moved to Boston, enrolled in the CFA program, and set out to find a job in investment research. I worked for four years in various investment operations roles before landing a position as a junior research analyst covering small cap stocks as a generalist for Baring Asset Management. That was an exciting time for me, as I had finally achieved my goal of breaking into equity research. It was also somewhat challenging because my learning curve was quite steep. I eventually went back to graduate school at Boston College to pursue an MBA/MSF while continuing to work on the buyside following various sectors and industries as an analyst for FM Global. I stayed with the firm for nine years before recently accepting an analyst position with Trillium Asset Management. I enjoy the work I'm engaged in and the challenges I'm presented with each day as I try and piece together the research mosaic on a stock. Overall, it's a very rewarding profession that I would recommend to anyone with an interest in finance and investments.

Current Position and Responsibilities:

I'm an investment analyst at Trillium Asset Management, the oldest Registered Investment Advisor exclusively focused on sustainable and responsible investing (SRI). In this role, I'm responsible for conducting fundamental research and formulating sector strategy for global equities in the information technology and telecommunications sectors. Our research process integrates traditional financial analysis with a an in-depth review of the relevant environmental, social and governance (ESG) factors that we believe can help us make better informed investment decisions, while reducing portfolio risk. The company's portfolios hold small, mid and large cap equities, which means I have a very large coverage universe. I like this though because I get to analyze many diverse companies across the market cap spectrum. In addition to ESG integration, Trillium also has a long standing history as a leader in shareholder advocacy and public policy work. Our client base includes high net worth individuals, foundations, endowments, religious organizations, financial advisors and their clients, and other non-profits.

Career Development Recommendations:

Throughout my career I have taken an aggressive approach to advancing my knowledge and skills as an analyst. Make professional development and education a priority and always strive to learn as much as you can from your colleagues, while giving more to them in return. Take ownership of your work and don't be afraid to fail. Solicit feedback from peers and others in the industry and provide support to those around you when they need it. Establish goals and milestones each year and take inventory of where you are versus where you want to be. Focus on your weaknesses, and commit to addressing them. Finally, be flexible and open to change and always act with integrity and professionalism.

BSAS Membership History:

I joined the BSAS as an affiliate member when I started the CFA program and became a regular member upon receiving my CFA charter. At that time, it was important to me to demonstrate to prospective employers that I was dedicated to a career in the investment industry. Joining the BSAS helped me achieve that goal and allowed me to gain access to the many educational programs and professional development opportunities the society offered. In 2008, I volunteered to become an industry mentor as part of what was then called the BSAS New England Investment Research Challenge. The competition is now known as the CFA Institute Research Challenge and has grown to involve hundreds of teams of MBA students from around the globe. It has been a very rewarding experience and one I continue to look forward to each year. More recently, I have been involved with the BSAS career development subcommittee and have participated as a guest speaker as part of the popular BSAS Career Chat series.

Most Valuable BSAS Membership Benefits:

Having the opportunity to volunteer and help to carry out the mission of the BSAS is one of the most valuable benefits of my membership. Interacting with other investment professionals and the BSAS staff in a collaborative way to support the Boston investment community and improve the value that the BSAS delivers to its members is very rewarding. I have formed many professional relationships and friendships over the years through my involvement with the organization and I look forward to making many more in the future.

BSAS Membership Recommendations:

To get the most out of your BSAS membership you must get involved. Volunteering is an excellent way to meet other investment professionals and learn new skills, while also supporting the greater investment community. The BSAS relies on its membership base heavily to ensure that local investment professionals have the resources they need to excel in their careers, so donating any amount of your time to that effort is important.

Future Benefits of BSAS Membership:

I look forward to participating in as many programs and events as possible, forging strong relationships with other members I cross paths with and expanding my role as a BSAS volunteer.

Additional Comments/Quotes:

"Know what you own, and know why you own it." - Peter Lynch

Feel Free to Contact Me:

jcote@trilliuminvest.com

Nathan Myers, CFA
MSCI
July 2014

Career Path:

Upon completion of undergraduate studies in 2008, I had an interest in the finance industry but was not sure what that meant or where that path would lead. After two years in a business development role at BNY Mellon Wealth Management, I found that I really enjoyed the connection I made with clients and prospective clients in trying to serve as a resource and provide solutions during this dynamic time. I decided then to understand the investment management space to the best of my abilities and enrolled in the CFA program, the next logical step in my mind.

During this time, I became an assistant portfolio manager at BNY Mellon Wealth Management focused on managing the investment portfolios of high net worth individuals, endowments and foundations. It was a rewarding experience in that it required me to fully understand my clients' long term goals and then build portfolios to satisfy these objectives. Also, I was intrigued by the growing awareness of clients regarding the role of alternative investments in asset allocation. Again, I decided that I needed to be more informed on the issues facing my clients and chose to pursue the Chartered Alternative Investment Analyst (CAIA) designation.

At this point, I still felt there was something missing. To me, wealth management represented just one segment of a larger industry and I had a desire to expand my knowledge of the investment community. I wanted to know what issues were affecting asset managers, pension funds, consultants, etc. and how they could make more informed investment decisions. This is when I came across an opportunity at MSCI.

Current Position and Responsibilities:

At MSCI I work on a client coverage team focused on risk management analytics across the multi-asset class framework. In this capacity, I focus on identifying opportunities for MSCI multi-asset class analytics within the Boston investment community and propose solutions to the issues facing clients and prospective clients. Specifically, I participate in prospective client product demonstrations, perform market analysis and competitor research and coordinate with other departments within MSCI to support the client relationship.

Career Development Recommendations:

During my career I have always tried to listen, keep an open mind and never stop learning. Listen to your colleagues, industry peers, clients and prospective clients. Keep an open mind to advice from others, new ways of thinking about a topic and taking on different challenges. And most of all, knowledge is paramount to intellectual and professional development so never stop learning.

Finally, take pride in your work - you never know who will view it down the road.

BSAS Membership History:

I joined BSAS shortly after completing Level III of the CFA exam. While preparing for the exams I frequently came across individuals who either were immersed in the exam process as well or had already obtained their designation. I found it extremely helpful when they shared their perspectives and provided advice. I wanted to preserve these connections and so BSAS was the natural fit.

Most Valuable BSAS Membership Benefits:

The professional network and sense of community BSAS offers is a strong aspect of membership. I continue to connect with individuals that I met through the exam process or at BSAS events. I also enjoy meeting individuals who you would not otherwise cross paths with during the daily rigors of your profession. The insight they provide is immensely valuable in broadening my knowledge of the Boston investment community and the finance industry in general.

BSAS Membership Recommendations:

BSAS members have a wealth of resources and educational opportunities at their disposal, let alone a large, diverse professional network that continues to grow. It is up to the current members to ensure that this persists and to maintain the integrity and excellence BSAS has established within the (global) investment community. Give back, take advantage of the programs offered, volunteer or get involved with one of the many committees so that future membership is awarded the same opportunities, if not better, as past membership.

Future Benefits of BSAS Membership:

I hope to continue benefiting from the programs offered, connecting with additional BSAS members as well as expanding my involvement within the organization through volunteering opportunities.

Feel Free to Contact Me:

nathan.myers@msci.com

Alison Kelly, CFA
Suffolk University
June 2014

Career Path:


In January 1991, while I was still a graduate student at Boston College, I accepted a Visiting Position at Suffolk University’s College of Arts and Sciences.  I never expected that my stay at Suffolk would be long-lived, but that has indeed been the case.  In the world of academia, my career path has been relatively traditional in that I have risen through the ranks of Assistant Professor to Associate Professor to Professor. Outside of academia, my career path has been less predictable. In 2000, I started to teach BSAS review courses for the CFA exams where my focus was on Quantitative Methods and Economics. At the time, I had not taken any of the exams. The experience of teaching investment professionals led to two career milestones. First, it prompted me to pursue the CFA Charter. Second, after seeing a fairly large gap between what students were learning in a business statistics course and what they were expected to know once they entered the investment profession, I was given the opportunity to write a textbook to bridge this gap. The first edition of Business Statistics: Communicating with Numbers (co-authored with Sanjiv Jaggia, PhD, CFA) was published by McGraw-Hill in 2013.

Current Position and Responsibilities:


I am a Professor of Economics at Suffolk University.  Currently, I teach courses in statistics and econometrics.  I also oversee all aspects of graduate student teaching.  In addition to working on the second edition of my textbook, my current research focuses on the effectiveness of alternative teaching modes on undergraduate learning (joint work with Jonathan Haughton, PhD, CFA).

Career Development Recommendations:


In terms of career development, I have learned a great deal from my colleagues and my students, especially my graduate students.  Here is what they have taught me:
Surround yourself with smart, hard-working, and compassionate people;
Be open to doing things differently; 
Venture out of your comfort zone;
Serve as a mentor and volunteer; and
Never stop learning.

BSAS Membership History:


I joined BSAS when I received the CFA designation; I believe it offers the best forum in the Boston investment community for the exchange of fresh perspectives on industry issues.

Most Valuable BSAS Membership Benefits:

For me, the most valuable benefit of BSAS membership has been the quality and breadth of the programming. The events that I have attended have been well-vetted in terms of topics and/or speakers.  In terms of deepening my understanding of issues within the investment industry, these events have definitely delivered. 

BSAS Membership Recommendations:

In addition to its first-rate programming, BSAS membership provides opportunities for career development.  Some of these opportunities include: continuing education classes, review classes for members preparing for the CFA or Claritas exams, and networking events.  For current members who already take advantage of BSAS’ programming and career development opportunities, I would also suggest volunteering within the BSAS – there are many opportunities.

Future Benefits of BSAS Membership:


I look forward to meeting more members at BSAS events as well as continuing my work as a BSAS volunteer.

Feel Free to Contact Me:


akelly@suffolk.edu

Erinn R. King, CFA
Payden & Rygel
May 2014

Career Path:

My career path has been rather unconventional. Finance is my second career, having first pursued my dream of becoming a professional ballerina and completing both a bachelors and masters in fine arts. While my love for the arts remains, I found the non-performing side of the field to be far less fulfilling as a career.

My soul searching continually led me back to careers involving the elements of performance, creativity, and analytical thinking. A mutual fund investor since the age of 7, financial markets seemed to possess all of these characteristics. I returned to school to begin the process of building the necessary skill set, completing my MBA with a focus in finance and subsequently becoming a CFA charterholder.

While I did not purposely look to focus my career on "bonds", my first job opportunity was working with insurance clients, some of the largest fixed income investors, at Wellington Management Company. I was immediately intrigued by the integrated role fixed income investments played in our client's business and relished being a part of their business strategy and financial success. I was also fascinated by the complex nature and multi-faceted considerations for investing in fixed income securities and the important role bonds play in the functioning of global markets. I was hooked.

I have continued to deepen my fixed income experience in a variety of roles, currently as one of the founding team members in the Boston office for fixed income specialist and Los Angeles-based, Payden & Rygel.

Current Position and Responsibilities:

As a principal in Payden & Rygel's Boston office, I am responsible for client relations and business development for East Coast and global clients. Our team in Boston works closely with each of our clients in developing and customizing investment strategies to their unique goals and ensuring the implementation of the strategy is consistent with both the spirit and letter of their guidelines and objectives. We wear many hats ranging from working directly with our clients on their investment strategies, to devising marketing materials and analysis for our strategies and products, to developing new business. I also have the pleasure of serving as a liaison to the firm’s London and Paris offices and the Metzler/Payden joint-venture in Frankfurt. We work with a diverse group of clients ranging from pension plans and endowments to insurers and corporate operating assets.

Career Development Recommendations:

Follow your passion! Find what it is that truly excites and fascinates you and immerse yourself in it. Volunteer to assist on projects that interest you and never stop learning. Strive for excellence in everything that you do, always challenging yourself to improve. Be intellectually curious and think critically, but also remember that you are part of a team and that by working together and challenging one another, you will not only arrive at a better product, but will also have more fun getting there.

BSAS Membership History:

I joined the BSAS as an affiliate member while still a CFA charterholder candidate. The CFA charter represents the highest standard of integrity and industry excellence. I felt it important to be a part of this community of investors, to learn from its seasoned experts, and hopefully one day to give back to new members.

Most Valuable BSAS Membership Benefits:

Boston's financial community is one of the largest in the world. The role played by financial firms in the greater Boston area is integral to the functioning of global markets. The most valuable benefit of being a BSAS member is the community. An open forum and network where competitors and peers alike can share ideas, can help to educate one another on evolving and complex issues, and can benefit from the depth of investment talent in this city.

BSAS Membership Recommendations:

Membership in the BSAS means truly being a citizen of Boston's financial community. It is a network of professionals that are committed to continued excellence in the field and the highest level of integrity. The best way to maximize your membership is to get involved and volunteer on one of the many sub-committees or ad hoc projects. Through volunteering you will truly appreciate the far-reaching impact of this community and benefit from the relationships you build with fellow members. I also believe it important to work for a firm that is supportive of the CFA charter and the local society. Since opening its office in Boston four years ago, Payden & Rygel has been an active supporter of the BSAS, sponsoring events, supporting volunteer activities, and encouraging employees to strive for the CFA charter.

I encourage current members to give back to BSAS in any form possible, be it volunteering one's time or committing to participate directly in one of the many committees. After all, a member-driven organization such as BSAS is a true sum of all its parts. It is the collective action of these individuals that drives the success of the organization which in turn attracts more participation from other current and prospective members thereby reinforcing this positive feedback loop!

Future Benefits of BSAS Membership:

I look forward to deepening my involvement with the BSAS over time, as a volunteer, and continuing to benefit from the wealth of knowledge this community has to offer and the standard of excellence it sets.

Additional Comments:

Give back! Success doesn't occur in a vacuum. All of us relied on the advice and support of others to help us find our path. There is nothing more rewarding than giving back to a community that has given so much to you.

Feel Free to Contact Me:

eking@payden.com

Mahesh Jayakumar, CFA
State Street Global Advisors (SSgA)
April 2014

Career Path:

As a result of my academic background in Computer Science, I had spent several years as a software engineer in industries such as aviation, telecommunications and enterprise security. Being an avid personal investor coupled with my desire to pursue investment management professionally led me to career in Fixed Income after graduate level studies and an MBA with a concentration in Finance.

Current Position and Responsibilities:

As a Fixed Income Portfolio Manager at SSgA, I am responsible for managing portfolio vehicles such as institutional commingled funds, retail ETF's as well as SMA's that cover fixed income sectors such as Global Government Bonds, Domestic Investment Grade Corporate Bonds and new and upcoming areas such as Green Bonds (fixed income products that provide financing where the use-of-proceeds are used for climate change mitigation and adaptation projects).

Career Development Recommendations:

Start with realistic expectations for what you want to do in the long term and how you might try to get there in a reasonable time frame. Take advantage of your background and existing knowledge while trying a variety of roles that show your willingness to learn and take on challenges and manage risk.

We are surrounded by social media and shortcuts in life that promote short term and in some cases - immediate gratification. There is no shortcut when it comes to career development in any industry let alone a competitive and regulated workplace that is Investment Management. Our industry is always growing as new geographies bring their financial markets onto the global stage and attract investors from outside their own countries. This brings exciting professional opportunities for those who are willing to take advantage of international assignments.

Finally, an increasingly competitive environment requires one to complete as much educational development as possible including graduate school, the CFA designation and continuing education to keep abreast of an exciting industry and ever-changing investment environment.

BSAS Membership History:

I joined BSAS as a student member during my time at business school while participating in the NEIRC (New England Investment Research Challenge) competition. I was able to expand my knowledge of the industry by taking advantage of the multiple seminars, lectures as well as CFA examination preparation courses offered by BSAS. I was also able to connect with several Boston-based industry professionals and seek guidance in transitioning from a career in technology to that of investments.

Most Valuable BSAS Membership Benefits:

A BSAS membership ensures that I am always able to stay tuned to the events that shape the future of our industry. I am also able to connect with fellow members who strive to promote the professionalism of the investment management industry and ensure that we serve as ambassadors to attract new ideas and superior talent. 

BSAS Membership Recommendations:

A BSAS membership brings with it unprecedented access to a large network of Boston based professionals who are willing to commit their time and resources to an organization that provides its members with a rich set of learning and career development events.

I encourage current members to give back to BSAS in any form possible be it volunteering one's time or committing to participate directly in one of the many committees. After all, a member driven organization such as BSAS is a true sum of all its parts and it is the collective action of these individuals that drives the success of the organization which in turn attracts more participation from other current and prospective members thereby reinforcing this positive feedback loop! 

Future Benefits of BSAS Membership:

I hope to continue giving back to BSAS by increasing my time commitment to the organization and gain professional satisfaction knowing that I am able to play a small part in helping it grow as the premier choice for fostering connections with fellow investment management professionals in the greater Boston area.

Feel Free to Contact Me:

mjayakumar@gmail.com