2004 - 2009 FIDUCIARY COUNSELLING, INC – Saint Paul, MN
Investment Advisor
Member of investment team at a single-family office serving 180+ households. Managed group responsible for all investment manager due diligence and reporting covering global equity, fixed income, private equity (direct partnerships and fund-of-funds) and hedge funds. Worked directly with high net-worth clients to develop investment programs to address complex situations in concert with estate planning and trust administration. Managed investments for defined benefit and defined contribution plans.
• Managed ongoing due-diligence and operations of family-owned private equity fund-of-funds and registered mutual funds. Responsibilities included: monitoring sub-advisor performance, leading sub-advisors searches, working with company chairman on operational issues, and communicating with directors and trustees.
• Created private equity reporting database to provide in-depth performance measurement and analytics of private equity investments.
• Developed a tax-managed, multi-manager international equity mutual fund. Designed quantitative framework for asset allocation within the fund. Communicated the concept and implementation plan to investment company directors and trustees. Led implementation including sub-advisor selection, global custodian selection, business case development, and client marketing.
• Worked with numerous corporate and foundation boards, trustee committees, and family groups on investment matters to develop and implement investment policies.
• Authored quarterly investment newsletters and investment presentations for use with clients. Provided investment training to employees and developed new investment team members. Regularly presented at client seminars and family meetings on investment topics.
• Created goal-based and liability-driven approaches for high net-worth client asset allocation programs.
• Member of the Investment Policy Committee and Board of Directors Investment Committees
2001 - 2004 VECTOR WEALTH MANAGEMENT – Minneapolis, MN
Investment Officer – Senior Portfolio Manager
Managed $200 million investment portfolio including asset allocation, sub-manager evaluation, equity selection and fixed income investments for a Registered Investment Advisor. Served on investment policy committee and served as an integral part of the sales team. Directly responsible for portfolio construction and operations.
• Developed formal investment policies based on client needs and financial planning considerations in conjunction with other professionals.
• Communicated investment performance and portfolio evaluations directly to clients.
• Designed and implemented new process for selecting outside managers focused on style-based returns analysis and risk-adjusted returns.
• Redesigned marketing materials including presentations, client newsletters and sales literature.
1999-2001 DAIN RAUSCHER – Minneapolis, MN
Senior Financial Analyst – Corporate Planning & Analysis
Evaluated the financial and strategic impact of technology initiatives, created new financial models for evaluating profitability and managed relationships between business units and service providers.
1997-1999 GENERAL MILLS – Minneapolis, MN
International Financial Analyst
Provided strategic and financial analysis for international business development projects as a member of multiple project teams.
Merger and Acquisition Analyst
Served as strategic consultant to operating divisions performing as the primary analyst on potential acquisitions including financial valuation, bidding strategies, and integration. Recipient of Chairman’s Award for Outstanding Performance
1996 SKB BANKA – Ljubljana, Slovenia
Intern – Financial Control and Strategic Planning
Interned with the largest private bank in Slovenia, reporting directly to the CFO
Developed model activity-based costing system for commercial loan division and strategic analysis of bank cash and revenue trends.
1995 INVISION OPTICS – Minneapolis, MN
Corporate Administration Manager
Managed corporate activities and supervised staff for a six store optical retailer during period of business turmoil. Created and implemented systems reducing purchasing costs 34% and finished goods production time 27%.
1993-1994 BENSON OPTICAL CORPORATION – Minnetonka, MN
Assistant to the CFO
Worked with corporate and division management to provide sales analysis and solve operational problems for a 200 store optical retailer.
1992 BUSH-QUAYLE ’92 – Washington, DC
Special Assistant – National Coalitions
Served as staff member working with grass-roots activities and voter events.