Fairport in Fifteen January 10, 2013


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Fairport in Fifteen January 10, 2013

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Fairport in Fifteen January 10, 2013

  1. 1. Fairport in FifteenAudio recorded on January 10, 2013
  2. 2. J.T. MullenChief Investment StrategistJ. T. Mullen joined Fairport Asset Management in 2011, bringing more than 30 yearsof experience as a highly regarded investment and finance professional. As ChiefInvestment Strategist, J.T. provides leadership and strategic oversight to Fairport’sInvestment Committee.J.T. is widely known in the investment community as a creative problem solver,superb listener and effective leader. Among other accolades, he was named ‘ChiefFinancial Officer of the Year’ in 2007 for charitable organizations by Crain’sCleveland Business.Prior to joining Fairport, J.T. was Senior Vice President and Chief Financial Officer atThe Cleveland Foundation, the second largest community foundation in the country.During his 23 year tenure, he crafted an investment philosophy that led tosubstantial growth of the foundations endowment – from $400 million to $1.8billion. As Chief Financial Officer, he was responsible for managing both theFoundations investments and its internal financial function. J.T. joined theCleveland Foundation in 1987 as Controller and was named Chief Financial Officerfive years later. He retired from the Foundation in 2010.Earlier in his career, J.T. was a manager with Arthur Young & Company and alsowith the Cuyahoga County Board of Commissioners. He holds a B.S. in BusinessAdministration from Cleveland State University.Throughout his career, J.T. has been actively involved as an advisor, board memberand volunteer for local and national nonprofit organizations. He served on severalhighly visible national committees addressing community foundation issues, such asinvestment practices, accounting standards, and alliances with the marketing,technology and financial services industries. He currently serves on the investmentcommittees of United Way of Greater Cleveland, the Catholic Diocese of ClevelandFoundation and CSA Health Systems. J.T. and his wife, Mary, are the proud parents of five children and fourgrandchildren. An avid sports fan, J.T. follows many teams and players with astatistical acumen that is impressive. He also enjoys playing golf and reading.
  3. 3. John M. Silvis, CFADirector of InvestmentsJohn Silvis, a CFA charterholder, serves as Fairport Asset Management’s Director of Investments. As such,John oversees the research of the Investment Team, determines the asset allocation of Fairport’s modelportfolios and directs investment decisions and implementation on a day-to-day basis. John provides clients,prospects and internal staff with guidance about Fairport’s investment philosophy, process and performance.John brings over 15 years of experience to the Investment Team and has been with the firm since 2000.Prior to Fairport, he was a Portfolio Manager at National City Bank. John began his career at Mellon Bank.John obtained his B.A. in Economics at Penn State and his MBA at Baldwin Wallace College. He belongs tothe CFA Institute, as well as the CFA Society of Cleveland where he serves as Treasurer. He is a member ofthe Benjamin Rose Institute Investment Committee.John lives in Strongsville with his wife Lori and has three children.Richard D’Amico, CFAManager of InvestmentsRichard D’Amico, a CFA charterholder, serves as Fairport Asset Management’s Manager of Investments. Inthis role, he oversees the implementation of the firm’s fixed income models and is responsible for the reviewand oversight of Fairport’s alternative investments and strategies.Rick brings over 10 years of experience to the Investment Team and has been with the firm since thesummer of 2009. Rick most recently served as a market risk review analyst at KeyBank. Prior to KeyBank,he worked as a licensed equity research analyst at Great Lakes Capital Partners, LTD, covering regional bankand thrift companies.He is a graduate of Mount Union College where he obtained his B.A. in Business Administration with aFinance concentration. He is also a member of the CFA Institute, as well as the CFA Society of Cleveland.Rick lives in Rocky River with his wife Shannon and son. In his free time, he enjoys playing baseball andspending time outdoors.
  4. 4. Asset Class Returns
  5. 5. Sources: (Left) National Association of Realtors, Standard & Poor’s, FHFA, FactSet, J.P. Morgan Asset Management. (Top Right) Census Bureau, FactSet, J.P.Morgan Asset Management. (Bottom Right) Census Bureau, National Association of Realtors, J.P. Morgan Asset Management.Data are as of 12/31/12.
  6. 6. Fixed Income Sector Returns
  7. 7. Disclosures This Fairport in Fifteen presentation is for informational purposes only and should not be relied upon as research or investment advice. It should not be considered as a solicitation or recommendation by Fairport to buy, sell or continue to hold securities or other investments. Past performance is not a guarantee of future results, and is not indicative of any specific investment. It should not be assumed that the investment process and strategy discussed herein has been or will prove to be profitable. Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets. Audio recorded on January 10, 2013.
  8. 8. Senior Relationship TeamPaul Abbey Heather EttingerKen Coleman Chris Isabella, CPA/PFS, CGMAAndrew Connors, CFP® Tom Seifert, CPA/PFSPete DeVito, CPA, CFP® Emily Shacklett, CPA/PFSEmily Drake, CFP®