Michael serves as Chairman of RiverFront and President and CEO of RiverFront’s RiverShares Division. Michael brings more than 30 years of global investment experience to his role in leading the organization. Michael is responsible for leading the RiverShares team in managing our portfolios of proprietary exchange traded funds and in the design and management of new investment solutions for our clients. Michael also determines RiverFront’s overall asset allocation strategy and provides macro strategy guidance to all portfolio management decisions. In addition, he serves on the firm’s Investment Committee.
Prior to launching RiverFront in 2008, Michael was the Chief Investment Officer at Wachovia Securities from 2002. In this capacity, he was responsible for all aspects of financial advice, including asset allocation, tactical strategy and portfolio implementation and managed over $75B in discretionary portfolio assets.
Michael began his career in fixed income portfolio management, serving in a variety of roles cumulating in his promotion to Chief Fixed Income Officer for Mentor Investment Group. While at Mentor and its successor firm, Evergreen Investment Management, Michael managed over $12 billion in high grade and high yield fixed income assets and was responsible for the design and implementation of advanced fixed income and risk management analytics.
Michael is a regular guest on the financial news channels (CNBC, Fox Business, Bloomberg) and is frequently quoted in the financial press.
Michael earned a BA in Economics from the College of William and Mary and an MBA from the Wharton School at the University of Pennsylvania. He received his CFA designation in 1990.
The Art: Though Michael’s artistic side is less developed than his financial side, he has compensated for this shortcoming by a marrying a woman with fantastic artistic tastes. As a result, their three children express themselves through the guitar, piano, musical composition and drama. Michael’s artistic role in the family is confined to occasionally picking out the wine for dinner.