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Fairport in Fifteen
Audio recorded on October 17, 2013
J.T. Mullen
Chief Investment Strategist
 

J. T. Mullen joined Fairport Asset Management in 2011, bringing more than 30 years 
of experience as a highly regarded investment and finance professional.  As Chief 
Investment Strategist, J.T. provides leadership and strategic oversight to Fairport’s 
Investment 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 ‘Chief 
Financial Officer of the Year’ in 2007 for charitable organizations by Crain’s Cleveland
Business.
 
Prior to joining Fairport, J.T. was Senior Vice President and Chief Financial Officer at 
The Cleveland Foundation, the second largest community foundation in the country.   
During his 23 year tenure, he crafted an investment philosophy that led to 
substantial growth of the foundation's endowment – from $400 million to $1.8 
billion.  As Chief Financial Officer, he was responsible for managing both the 
Foundation's investments and its internal financial function.   J.T. joined the 
Cleveland Foundation in 1987 as Controller and was named Chief Financial Officer 
five years later.  He retired from the Foundation in 2010.
 
Earlier in his career, J.T. was a manager with Arthur Young & Company and also with 
the Cuyahoga County Board of Commissioners.  He holds a B.S. in Business 
Administration from Cleveland State University.
Throughout his career, J.T. has been actively involved as an advisor, board member 
and volunteer for local and national nonprofit organizations.  He served on several 
highly visible national committees addressing community foundation issues, such as 
investment practices, accounting standards, and alliances with the marketing, 
technology and financial services industries.  He currently serves on the investment 
committees of United Way of Greater Cleveland, the Catholic Diocese of Cleveland 
Foundation and CSA Health Systems.  
J.T. and his wife, Mary, are the proud parents of five children and four 
grandchildren.  An avid sports fan, J.T. follows many teams and players with a 
statistical acumen that is impressive.  He also enjoys playing golf and reading.  
John M. Silvis, CFA
Director of Investments
John 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 model 
portfolios 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 to the 
CFA Institute, as well as the CFA Society of Cleveland where he serves as Treasurer.  He is a member of the 
Benjamin Rose Institute Investment Committee.
 
John lives in Strongsville with his wife Lori and has three children.  
 

Richard D’Amico, CFA
Manager of Investments
Richard D’Amico, a CFA charterholder, serves as Fairport Asset Management’s Manager of Investments.  In 
this role, he oversees the implementation of the firm’s fixed income models and is responsible for the review 
and 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 the summer 
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 bank and thrift 
companies.  
 
He is a graduate of Mount Union College where he obtained his B.A. in Business Administration with a 
Finance 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 and 
spending time outdoors.
Asset Class Returns
Source: (Top) BEA, FactSet, J.P. Morgan Asset Management.
(Bottom) Census Bureau, FactSet, J.P. Morgan Asset Management.
Data are as of 9/30/13.
Source: ISI Group
Source: (Top) Standard & Poors, FRB, Bloomberg, FactSet, J.P. Morgan
Securities, J.P. Morgan Asset Management. (Bottom) Standard & Poors,
Compustat, FactSet, J.P. Morgan Asset Management. “Guide to the Markets –
US.”
Data are as of 9/30/13.
Source: FactSet, J.P. Morgan Asset Management.
Data are as of 9/30/13.
Fixed Income Sector Returns
Alternative Asset Class Returns
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 October 17, 2013.
Fairport Partners
Paul Abbey

Heather Ettinger

Ken Coleman

Chris Isabella, CPA/PFS,
CGMA

Andrew Connors, CFP®
Pete DeVito, CPA, CFP®
Emily Drake, CFP®

Tom Seifert, CPA/PFS
Emily Shacklett, CPA/PFS

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Fairport in Fifteen - October17, 2013

  • 1. Fairport in Fifteen Audio recorded on October 17, 2013
  • 2. J.T. Mullen Chief Investment Strategist   J. T. Mullen joined Fairport Asset Management in 2011, bringing more than 30 years  of experience as a highly regarded investment and finance professional.  As Chief  Investment Strategist, J.T. provides leadership and strategic oversight to Fairport’s  Investment 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 ‘Chief  Financial Officer of the Year’ in 2007 for charitable organizations by Crain’s Cleveland Business.   Prior to joining Fairport, J.T. was Senior Vice President and Chief Financial Officer at  The Cleveland Foundation, the second largest community foundation in the country.    During his 23 year tenure, he crafted an investment philosophy that led to  substantial growth of the foundation's endowment – from $400 million to $1.8  billion.  As Chief Financial Officer, he was responsible for managing both the  Foundation's investments and its internal financial function.   J.T. joined the  Cleveland Foundation in 1987 as Controller and was named Chief Financial Officer  five years later.  He retired from the Foundation in 2010.   Earlier in his career, J.T. was a manager with Arthur Young & Company and also with  the Cuyahoga County Board of Commissioners.  He holds a B.S. in Business  Administration from Cleveland State University. Throughout his career, J.T. has been actively involved as an advisor, board member  and volunteer for local and national nonprofit organizations.  He served on several  highly visible national committees addressing community foundation issues, such as  investment practices, accounting standards, and alliances with the marketing,  technology and financial services industries.  He currently serves on the investment  committees of United Way of Greater Cleveland, the Catholic Diocese of Cleveland  Foundation and CSA Health Systems.   J.T. and his wife, Mary, are the proud parents of five children and four  grandchildren.  An avid sports fan, J.T. follows many teams and players with a  statistical acumen that is impressive.  He also enjoys playing golf and reading.  
  • 3. John M. Silvis, CFA Director of Investments John 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 model  portfolios 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 to the  CFA Institute, as well as the CFA Society of Cleveland where he serves as Treasurer.  He is a member of the  Benjamin Rose Institute Investment Committee.   John lives in Strongsville with his wife Lori and has three children.     Richard D’Amico, CFA Manager of Investments Richard D’Amico, a CFA charterholder, serves as Fairport Asset Management’s Manager of Investments.  In  this role, he oversees the implementation of the firm’s fixed income models and is responsible for the review  and 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 the summer  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 bank and thrift  companies.     He is a graduate of Mount Union College where he obtained his B.A. in Business Administration with a  Finance 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 and  spending time outdoors.
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  • 6. Source: (Top) BEA, FactSet, J.P. Morgan Asset Management. (Bottom) Census Bureau, FactSet, J.P. Morgan Asset Management. Data are as of 9/30/13.
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  • 10. Source: (Top) Standard & Poors, FRB, Bloomberg, FactSet, J.P. Morgan Securities, J.P. Morgan Asset Management. (Bottom) Standard & Poors, Compustat, FactSet, J.P. Morgan Asset Management. “Guide to the Markets – US.” Data are as of 9/30/13.
  • 11. Source: FactSet, J.P. Morgan Asset Management. Data are as of 9/30/13.
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  • 18. 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 October 17, 2013.
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  • 20. Fairport Partners Paul Abbey Heather Ettinger Ken Coleman Chris Isabella, CPA/PFS, CGMA Andrew Connors, CFP® Pete DeVito, CPA, CFP® Emily Drake, CFP® Tom Seifert, CPA/PFS Emily Shacklett, CPA/PFS