About Me
EDUCATION
- Bachelor of Economics, University of Pennsylvania
- Series 7, General Securities Representative
- Series 63, Uniform Securities State Agent
- Series 65, Investment Advisor Representative
- Life, Health, and Variable Insurance (including annuities)
EXPERIENCE
I began my investment industry career 1988 and joined Stifel in 2018. Before joining Stifel, I served as a Financial Advisor for Oppenheimer & Co. from 1992 to 2018. Prior to becoming a financial advisor, I worked as an order entry clerk on the Philadelphia stock exchange and as a back-office administrator with Goldman Sachs.
MEMBERSHIPS
- Philadelphia Securities Association – Member
Investors can never be completely certain as to where bond yields are headed. This is why I focus in bond laddering in odd lot mortgage-backed securities to help balance risk and return. I also focus on offering municipal bonds.
I believe in short-duration investing because it seeks to provide investors liquidity and risk mitigation in a rising interest rate environment.
Mortgage-backed securities represent an investment in a pool of mortgage loans; thus, the yield and average life will fluctuate depending on the rate at which mortgage holders prepay the underlying mortgages and changes in interest rates. Your financial advisor should explain how mortgage-backed securities react to different market conditions.
When investing in bonds, it is important to note that as interest rates rise, bond prices will fall. Bond laddering does not assure a profit or protect against loss. Yields and market values will fluctuate, and if sold prior to maturity, bonds may be worth more or less than the original investment.