PRESIDENT & CIO
PASSIOS is President and Chief Investment Officer of Pinnacle
Associates, Ltd. He formed Pinnacle in 1984 after seven years
with investment counseling firm William D. Witter, Inc., where
as a Co-founder, Director & Senior Portfolio Manager, contributed
to the growth of the firm’s assets from $4 million to
$600 million. Prior experience includes twenty-two years with
the Grace National Bank of New York (acquired in 1965 by the
Marine Midland Bank) first as an Investment Officer and then
as a Group Vice President, specializing in individual &
institutional portfolio management; also a senior member of
the Stock Selection Committee with investment responsibility
for the Bank’s Common Trust Fund. Tom is a graduate of
the American Institute of Banking.
D'AVINO joined Pinnacle in 2000 and is currently a Vice President and Portfolio Manager. Prior to Pinnacle, he was an Assistant Treasurer with the Global Asset Management division of Deutsche Bank. While at Deutsche Bank he was involved in the management of index funds which were sub advised on behalf of Fidelity Investments. Mr. D’Avino began his career as an assistant trader with Bear Stearns specializing in international equities. He earned a B.S. degree from Susquehanna University with a concentration in Finance. Additionally, Mr. D’Avino is a Certified Financial Planner (CFP) and a member of the Financial Planning Association.
SENIOR PORTFOLIO MANAGER & DIRECTOR OF TAFT HARTLEY SERVICES
Delfino joined Pinnacle Associates Ltd in January 2005 from
his previous position as president and CEO of Furman Selz Capital
Management, a division of ING. Mike had been the CEO of Regent
Investor Services, a division of Alliance Capital Management,
prior to joining Furman Selz. While with both Furman Selz and
Regent, Mr. Delfino was responsible for the firms separate managed
account business for high net worth investors and institutions.
Prior to his position with Regent, Mr. Delfino served as Managing
Director at Shields Asset Management, which he joined in 1982.
Mr. Delfino also served as Chief Investment officer of The Bank
of New York’s County Trust division before joining Shields.
Over the course of his fifteen year career in Trust Investments,
he also worked at Bankers Trust Co. and Chase NBW. Mr. Delfino
earned an MBA degree from Fordham University, and a BA from
Iona College. He holds certification in the Pension and Profit
Sharing Institute at Purdue University and is a member of the
New York Society of Security Analysts. Mr. Delfino was the 1980
recipient of the Harriman College Diplomat Award for investment
work done in the Taft Hartley funds field, and is a former member
of the Board of Governors of the Money Management Institute.
James F. Ferrare
EXECUTIVE VICE PRESIDENT & SENIOR PORTFOLIO MANAGER
JAMES F. FERRARE joined Pinnacle in February 1999 as a Senior
Portfolio Manager and Vice President after five years with
Manchester Capital Corporation, a registered investment advisor.
For the period 1986 to 1994 Jim was a General Partner at
Davidson, Weil Associates, an investment partnership specializing
in asset allocation for high net worth individuals. Jim was also
employed for three years at Oppenheim, Appel, Dixon & Co., a
certified public accounting firm specializing in the securities
industry. Jim is a graduate of Buffalo University and a Certified
Public Accountant. He previously served as a member of the
Estate Planning Committee of the New York State Society of Public Accountants and on
the Charles Schwab & Co. Institutional Advisory Board.
David L. Dineen
VICE PRESIDENT & PORTFOLIO MANAGER
Mr. Dineen joined Pinnacle in 2006. He currently serves as Senior Portfolio Manager—International. Previously he was with Morgan Stanley Investment Management from 1990 to 2005. He was aVice President, Portfolio Manager/Analyst from 1998 to 2005 and was the primary portfolio manager of the Morgan Stanley Select Global Equity Fund where he designed the international investment process and stock selection criteria for the universe of EAFE and emerging market securities. Also at Morgan Stanley he was a Junior Portfolio Manager for International Equities and an Emerging Markets Equity Analyst. He attended New York University, Leonard N. School of Business and received an MBA in Finance and International Business. He earned his BS in Management, Magna Cum Laude, with a dual concentration in Finance and Marketing in 1990 from Binghamton University, School of Management. He also holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts.
VICE PRESIDENT & PORTFOLIO MANAGER
RYAN FAUSE is Vice President and Portfolio Manager. Mr. Fause joined Pinnacle as a research analyst after working two years as an investment specialist at Charles Schwab & Co. Prior to this, Mr. Fause was employed at Morgan Stanley and later First Union Bank, where he analyzed, created and managed portfolios for institutional and high net worth clients. Mr. Fause earned a Masters of Finance degree from The City University of New York, Baruch College, Zicklin School of Business. In addition, he earned his BS degree in Business Administration from Rowan University's School of Business. He also has his BCS designation from the Institute of Business and Finance. He holds the Series 65 license.
VICE PRESIDENT & HEAD TRADER
FORTGANG joined Pinnacle Associates Ltd. in June 1999. He is Vice President & Head Trader at Pinnacle and determines all execution and trading procedures for all securities. In addition, he maintains constant contact with numerous traders in order to keep the portfolio managers abreast of the daily market news. Previously, Steven was a buy-side trader with Roanoke Asset Management trading various products including a hedge fund and a mutual fund. Steven graduated from the University of Hartford in 1989 and has a Series 7 and Series 63 licenses.
SENIOR VICE PRESIDENT & PORTFOLIO MANAGER
H. HARRIS joined Pinnacle Associates Ltd. in June 1998 as a
Senior Vice President and Portfolio Manager. For almost twenty
years before coming to Pinnacle, Mr. Harris was a Managing Director
with Laidlaw & Company where he managed assets for international
and domestic high net-worth individuals and foreign institutions.
Mr. Harris graduated from Schiller University in Paris, France
with a degree in International Finance/Business Administration.
He also attended the University of Madrid in Spain studying Spanish History and Philosophy.
MONICA J. JALIFE is an Portfolio Manager. Prior to joining Pinnacle in 2002, Ms. Jalife was employed at the Mexican Consulate in New York as a financial analyst. She earned her BS in Industrial Engineering from Universidad Iberoamericana in MexicoCity where she graduated with honors. She earned her MBA from the Stern Business School at New York University, with concentrations in Finance and Global Business. Additionally, she holds the Chartered Financial Analyst designation (CFA), and is an active member of the CFA Institute and of the New York Society of Security Analysts (NYSSA). She is fluent in Spanish and holds a Series 66 NASD License.
PORTFOLIO MANAGER & SENIOR SECURITIES ANALYST
MARK has 14 years investment experience and has been with Pinnacle
for 12 years. He is an Analyst in the International Department.
Jonathan focuses on company fundamentals of current and new
investments through on-site company visits and extensive information
networks. His investment experience includes working as a Senior
Analyst for the J & W Seligman International Growth Fund
focusing on European equities. Prior to joining the portfolio
management area, he was part of the Far East Asian research
team with Smith New Court, now a part of Merrill Lynch. Additionally,
he worked on the Emerging Markets equity team at J.P. Morgan.
Jonathan earned his MBA from Fordham University and a Bachelor
of Science degree in Finance from the State University of New
York at Buffalo. He holds a Series 65 and is fluent in Cantonese.
EXECUTIVE VICE PRESIDENT & PORTFOLIO MANAGER
PETER N. MARRON, CFA is Executive Vice President and Portfolio Manager who joined Pinnacle in 1993 after three years with Prudential Securities Investment Management as a Senior Portfolio Manager. Previous experience includes Bear Stearns Asset Management as Chief Investment Officer supervising $3.5 billion in assets; Bernstein Macaulay Inc. as Director of Research & Institutional Portfolio Manager; and Lexington Investors, a private investment partnership as an Analyst. Other credentials: Member of the New York Society of Security Analysts; B.A. in Economics from Brooklyn College; MBA in Finance from Pace University; Chartered Financial Analyst. He is a member of the Investment Committees of the Brooklyn College Foundation and the Hebrew Immigrant Aid Society (HIAS); and the Treasurer of the Alexander & Brenda Tanger Hillel at Brooklyn College.
EXECUTIVE VICE PRESIDENT & SECURITIES ANALYST
T. PASSIOS is Executive Vice President and is a senior member of our domestic research team.
John joined Pinnacle Associates Ltd. in 1986. He works closely
with senior portfolio managers on equity portfolios. In this
capacity he conducts primary and secondary research on new purchases
and implements these ideas throughout the portfolios. Previously,
John worked for Salomon Brothers Inc. in their fixed income
department. He graduated from the University of Connecticut
in 1985 with a Bachelor of Science Degree in Finance.
EXECUTIVE VICE PRESIDENT, PORTFOLIO MANAGER & SECURITIES ANALYST
PASSIOS is Executive Vice President and Portfolio Manager for domestic equities. Kimon’s primary role is analyzing small and mid cap companies and making investment recommendations as a member of the Small/Mid Cap team. Additionally, Kimon participates in Pinnacle's marketing and client servicing efforts for institutional and retail clients. Prior to joining Pinnacle in 1996, he was with Chase Manhattan Bank providing performance appraisals and analysis of the bank's Middle Market Banking, Private Banking and Foreign Exchange & Derivatives divisions to senior management. Kimon earned an M.B.A. in Finance from Fordham University and has a B.S. degree in Finance/Accounting from the University of Vermont.
ASSOCIATE PORTFOLIO MANAGER - FIXED INCOME
PEREZ joined Pinnacle Associates as an Associate Portfolio Manager
and Fixed Income specialist. He comes to us from David Lerner
Associates, where he worked for 10 years specializing in training
investment advisors on building fixed-income portfolios for
individual investors. Edgar was also responsible for developing
hedge strategies for the firm’s trading desk and underwriting
over twenty new bond issues each year for various municipalities
throughout the tri-state area. He is a graduate of East Stroudsburg
University, with a Bachelor degree in Business Management and
his licenses include the Series 7 & 63.
SENIOR PORTFOLIO MANAGER
J. PIACENTINI joined Pinnacle Associates as a Senior Portfolio
Manager. Prior to joining Pinnacle, Tim was the President of
his own investment firm where he managed accounts for high net
worth clients. Tim earned an undergraduate degree from Georgetown
University with concentrations in Economics and American Government.
He earned a Masters of Business Administration from the University
of Chicago with concentrations in Accounting and Finance. Additionally,
he holds the Chartered Financial Analyst designation (CFA).
ASSOCIATE PORTFOLIO MANAGER
M. FISHBEIN joined Pinnacle Associates in 2003. Prior to joining Pinnacle, Katherine worked with four portfolio managers at Alliance Capital Management LP. Katherine assists the Large Cap Equity portfolio team with their research, client service, and new business situations. Katherine graduated cum laude with a B.A. from Connecticut College in Economics and studied International Business at the University of Auckland, New Zealand. Katherine earned her Master of Business Administration degree with a concentration in Finance from Fordham University’s Graduate School of Business.
SENIOR VICE PRESIDENT & DIRECTOR OF MARKETING
M. SOBOLEWSKI is a Senior Vice President and Director of Marketing,
who joined Pinnacle in 2002. Prior to joining Pinnacle, he was
Senior Vice President with Zurich Scudder. Other previous experience
includes Barclays Global Investors where he was responsible
for opening and managing their Chicago Office, and ANB Investment
Management Company, most recently as the National Sales Manager.
Ken earned an M.B.A. in Marketing from DePaul University and
has a B.B.A. in Marketing from the University of Notre Dame.
He also has the series 65 license.
CHIEF INVESTMENT STRATEGIST (LARGE CAP) & SENIOR PORTFOLIO
STEIN joined Pinnacle Associates as the Chief Investment Officer
and Senior Portfolio Manager of the Large Cap Core product.
Prior to joining Pinnacle, Mr. Stein served as an Executive
Vice President and Chairman of the Investment Strategy Committee
for Regent Investor Services. He has over 31 years of portfolio
management experience. Before joining Regent Investor Services,
he was a Vice President and Senior Investment Trust Officer
for the Chase/NBW Trust Department. Mr. Stein received his Bachelor
of Arts from Hofstra University and his M.B.A. in finance, Magna
Cum Laude from Fairleigh Dickinson University in New Jersey.
He taught Securities Analysis at Pace University in New York
and is a member of the New York Society of Securities Analysts.
VICE PRESIDENT & PORTFOLIO MANAGER
J. VANG is a Vice President and Portfolio Manager who joined
Pinnacle in 1998. Previous experience includes four years with
Laidlaw Asset Management, Inc. as a Portfolio Manager and director
of socially-responsible portfolios; and ten years with Estabrook
Capital Management Inc. as a Principal and Portfolio Manager.
Nancy specializes in portfolio structuring and management for
individuals and ERISA plans. Other credentials: B.A. from St.
Olaf College; M.M. from Northwestern University; and a Diploma
from the Liszt Academy, Budapest.
Donald M. Dowd III
VICE PRESIDENT, PORTFOLIO MANAGER
DONALD M. DOWD III joined Pinnacle as a Vice President in 2006. Don began his career at Robb Peck & McCooey in 1988. From 1990 to 2000, he co-managed the Institutional Sales Desk and Proprietary Trading Unit of Oscars Gruss & Son. In 2000 he was recruited to Twin Capital Management as Senior Vice President and Head Trader for their Risk Arbitrage strategies. For three years prior to joining Pinnacle, Don worked for AXA-Financial advising domestic institutions and wealthy families. Don graduated from Kenyon College in 1998.
Eric N. Freedgood
VICE PRESIDENT & PORTFOLIO MANAGER
ERIC N. FREEDGOOD, CPA, CFA is a Portfolio Manager and Vice President. Prior to joining Pinnacle in 2006, Mr. Freedgood worked at Ernst and Young, LLP in the Financial Services Office. He earned his B.S. in Accounting from Binghamton University where he graduated with honors. Mr. Freedgood is a Certified Public Accountant, a member of NYSSA and CFA Institute and holds the Chartered Financial Analyst designation.
VICE PRESIDENT & PORTFOLIO MANAGER
ALICE GABRIELE joined Pinnacle Associates in 2005. She is currently a portfolio manager in the Private Client Group. Prior to Pinnacle, Ms. Gabriele worked at Goldman Sachs for seven years as an institutional equity specialist and at several small cap equity research boutique firms. As an employee at Innovative Planning Services, she counseled clients on all aspects of building and protecting their wealth, including investment management, retirement and estate planning and insurance (life, disability, health and long-term care). She earned her MBA in finance with honors from Columbia Business School and her undergraduate degree magna cum laude from Princeton University. She holds the Series 65 license.