Nitin M. Barve, CFA
Instructor at Levels II & III - Derivative Risk Management, Performance Evaluation & GIPS
Nitin Barve leads the portfolio analysis, advice tools and policies team at the Schwab Center for Financial Research. His areas of expertise include asset classification and benchmarks, portfolio analytics, Global Investment Performance Standards® (GIPS) compliance, risk management and advice policies and tools. He is responsible for analyzing and providing insights and educational material to Schwab representatives and clients on a broad range of investing and planning topics. Prior to joining Schwab, Nitin founded Finnovative, a boutique consulting firm based in the San Francisco Bay Area, to provide consulting solutions to asset managers and completed engagements with more than 50 investment managers. Prior to Finnovative, Nitin was with Citibank. Nitin holds a BSEE from IIT, Chennai (India) and MSEE from IIT, Mumbai. He received his CFA® charter in 1996 and has been a member of CFA Institute and CFA San Francisco since 1994. Since 2006, he has been an instructor for three courses for the CFA Level III Review Program at CFA San Francisco. He also is an adjunct professor for the MSFA at Saint Mary's College, CA where he teaches Financial Engineering and Risk Management. He holds Series 7, 24 and 63 licenses. He is a member of the SIFMA Due Diligence Roundtable. He has been a presenter or a panelist at several industry events.
Dan Beck, CFA
Instructor at Levels I & III - Financial Reporting, Alternate Investments, Global Economics & Private Wealth Management
Dan Beck is a financial professional at AXA Advisors in the San Francisco office. He has over six years of financial services experience. Previously, from 2012 to 2015 he managed Beck Investment Partners, a fundamental value investment partnership. Prior finance experience includes work at Parnassus Investments, State Street Bank, and Starwood Capital Group. Before starting his finance career he spent seven years as a Navy officer, including three deployments to the Persian Gulf on a destroyer and cruiser. He has passed all three levels of the CFA exams, and is Series 7, 66, and California insurance licensed. Dan holds an MBA from Harvard Business School, an MA in History from the University of Maryland College Park, and a BS (with honors and with distinction) from the United States Naval Academy
Kris Chase, PhD
Instructor at Level III - Applications of Economic Analysis to Portfolio Management
Kristine L. Chase is a Professor of Economics in the School of Economics and Business at Saint Mary's, where she has taught since 1985, and was the founding Director of the Center for the Regional Economy. From 1999 to 2003, she was the CFO and VP for Administration of the College. Prior to Saint Mary's, she was a full-time faculty member at Mills College and the U.S. Naval Academy in Annapolis. Her research interests include the structure and impact of higher education on the economy, as well as monetary policy and banking regulation. She has co-authored several economic impact studies of the East Bay economy, as well as published articles on banking regulation and central banking. Dr. Chase has served on several public and private boards, including serving as Chair of the Finance Committee at Goodwill Industries of the Greater East Bay. She earned a B.A. and M.A. in Economics from U.C. Davis, and her Ph.D. in Economics is from the University of Maryland, College Park, with an emphasis on banking market competition and regulation.
Patrick J. Collins, PhD, CLU, CFA
Instructor at Level III - Portfolio Management for Institutional Investors & Asset Allocation
Patrick Collins is a principal of the independent investment counsel firm of Schultz Collins Lawson Chambers, Inc. Mr. Collins holds a Chartered Financial Analyst (CFA) designation from the Association for Investment Management and Research and a Ph.D. from the University of California at Berkeley. He also holds a Professional Designation in Financial Planning from U.C. Berkeley as well as a Chartered Life Underwriter (CLU) degree from the American College in Bryn Mawr, PA. He is a licensed Insurance Advisor and provides fee-based life insurance policy analysis for individuals, trusts, corporate directors and other fiduciaries. Additionally, Mr. Collins has provided litigation support services for disputes involving both insurance and investment issues. He is a member of CFA Institute, CFA Society of San Francisco, and the American Society of CLU.
Donald L. Davis, CFA
Instructor at Level I - Fixed Income, Corporate Finance, and Equity Markets
Don is on the finance faculty at Santa Clara University. He has also been an independent consultant, with long term assignments at Visa International and PG&E Corp. He had previously been at Bank of America (and Banc of America Securities) for 15 years where he arranged transactions for clients that included public bond offerings, senior and subordinated private placements, ESOPs, direct and syndicated bank loans, asset backed financings and asset securitizations. Prior to joining BofA, Don was with International Paper Company in New York , where he had been Assistant Treasurer-Corporate Finance. Don has an M.B.A from Columbia University , and a B.A. from the City College of New York.
Vincent Deluard, CFA
Instructor at Levels I and III - Ethics, Level III - Private Wealth Management
Vincent Deluard is the global macro strategist for INTL FCStone. Vincent authors weekly publications on the global economy, advises the firm's clients on asset allocation, and speaks at industry events in Latin America. Before joining INTLFCStone. Vincent created the Europe product for Ned Davis Research, where he authored the firm’s Europe Strategy publications and created quantitative models for Swiss and British clients. In November 2013, Vincent was awarded the Padraic Fallon Editorial Prize for his in-depth study of the investment opportunities offered by the European debt crisis.
Vincent is a CFA charterholder. Prior to joining Ned DavisResearch Group in 2012, Vincent served as Executive Vice President of TrimTabs Investment Research, where he headed the firm’s quantitative research. At TrimTabs, Vincent authored weekly research reports on flows, sentiment, and European capital markets. Vincent designed and traded large and profitable strategies based on supply and demand indicators for top-tier hedge funds.He is frequently quoted in the Financial Times, Wall Street Journal, Bloomberg, and Forbes Magazine. Vincent was a subject matter expert on asset allocation for the level 3 of the CFA exam at the American College and he teaches Ethical and Professional Standards for the CFA Society of San Francisco. He completed a dual master’s degree at Sciences-Po Paris (Cum Laude) and Columbia University and speaks French, Italian, and Indonesian.
Max Holvik, CFA, CAIA
Instructor at Level III - Trading, Monitoring and Rebalancing
Max Holvik is an Investment Research Manager with Private Ocean, which is a HNW wealth manager in Marin. He also lectures finance at Saint Mary’s College. He has domestic and international experiences in asset management and investment research, including equity research at Barclays Capital in London and equity index portfolio management at Mellon Capital Management in San Francisco. Max holds both the CFA and CAIA charters, has a B.A. in international business from San Diego State University, and an MBA from IESE Business School in Barcelona. In addition to his roles at Private Ocean and Saint Mary’s College, Max also tutors the CFA curriculum to CFA candidates in the Bay Area.
Catherine Hsiao, CFA
Instructor at Levels I & II - Equities Valuation
Catherine Hsiao CFA is a Senior Product Manager, VODs, for Twitch the world's leading video platform and community for gamers. She was a Senior Research Analyst for Fiduciary Research and Consulting. At Fiduciary Research, she specialized in quantitative analysis and due diligence on absolute return strategies. Catherine joined Fiduciary Research in 2009. Previously she was in portfolio management at Algert Coldiron Investors, a fund focused on quantitative market neutral strategies. Ms. Hsiao has a BS in Electrical Engineering and Computer Science and a minor in Business Administration from UC Berkeley; she has an MBA from Wharton School of Business.
Jivendra Kale, PhD, CFA, CFP
Instructor at all Levels - Quantitative Methods and Equity Portfolio Management
Dr. Kale is a finance professor in the Graduate Business Programs of Saint Mary’s College. He created the downtown San Francisco MS in Financial Analysis and Investment Management program for Saint Mary’s College; the program is built around the CFA curriculum. He enjoys teaching and research, and has taught CFA review classes for the CFASF for several years. After finishing his Ph.D. at the University of California, Berkeley, he worked with BARRA and Gifford Fong Associates before returning to academia. In addition to his teaching and research work, he develops cutting edge portfolio optimization software for Financiometrics Inc.; the software has been licensed by Bank of America, Bankers Trust, Merrill Lynch, Toronto Dominion Bank (Montreal), Ibbotson Associates, Aeltus Investment Management, Rockport Capital Management (London), Cyrnel International (Rio de Janeiro), and other firms. Dr. Kale has a B. Tech. (Honors) degree in Mechanical Engineering from the Indian Institute of Technology, Bombay, an M.S. in Industrial Engineering & Operations Research and an MBA from Syracuse University, and a Ph.D. in Finance from the University of California, Berkeley. He also holds the CFA (Chartered Financial Analyst) designation, and is member of the CFA Society of San Francisco, the American Finance Association and the Decision Sciences Institute.
Suren Mansinghka, PhD, CFA
Instructor at Level I - Derivatives & Level II - Corporate Financing
Suren Mansinghka is a retired faculty member from the University of California, Irvine (2005-2013). Prior to this he was on the faculty of the Hong Kong University of Science and Technology (2001-2004), San Francisco State University (1975-2000) and the University of California, Riverside (1971-1975). In addition, he has been a visiting faculty member at the University of California, Berkeley and Davis, Santa Clara University, the China European International Business School, Shanghai, and the University of Toronto, Rotman School of Management. Additionally he continues to be a visiting faculty at the Indian School of Business, Hyderabad since 2002 teaching mainly in the areas of corporate finance, valuation and financial analysis. At ISB he has taught required and elective courses for MBA, EMBA and Executive Education programs.He received MS and PhD degrees from the University of California, Los Angeles (1971) and an MBA from the Indian Institute of Management, Calcutta (1966). He was awarded Chartered Financial Analyst (CFA) certificate in 1993. He has received many awards and recognitions for excellent teaching.He has been involved in teaching, designing and coordinating CFA review programs for more than two decades. In 1993, he was appointed as the education coordinator by the S F Society to design and monitor its newly introduced CFA Review Program. He also taught several study sessions in the program. He continued in this role until 2000 when he moved to Hong Kong where he was also appointed to run a similar program operated jointly by HK University of Science & Technology and Hong Kong CFA Society. He held this position until he left Hong Kong in December 2004. In addition, as a grader appointed the CFA Institute he grades level I and level II papers for several years in mid-1990s. He has served on the Board of several non-profit institutions including San Francisco State University Foundation (1992-96), Cal State Credit Union (1998-99), the Security Analysts of San Francisco (1998-2000) and the Hong Kong Society of Financial Analysts (2001).
Andras Margitay-Becht, PhD
Instructor at Level I – Economics
András Margitay-Becht is a professor of economics, global business and computer science. He has been teaching economics and global business at Saint Mary's College in undergraduate and graduate programs for the last decade. Prior to that he worked for a decade in the computer science industry as a UI designer, systems architect and sales engineer. His research interests include educational technologies, migration/remittances, economic impact of culture and inequality.
Jonathan Masse, CFA
Instructor at Level III - Asset Allocation & Level I Alternate Investments
Jonathan Masse founded “Masse Capital Markets Consulting”, (MC)^2, in the summer of 2015. He has consulted with three firms associated with “The 15 Most Influential Important ETFs”, and most recently collaborated with WisdomTree to bring the first ETF associated with the CBOE/S&P 500 Put-Write Index to market. Previously, Jonathan teamed with Burton Malkiel of Random Walk fame from 2007 to 2015 to develop, implement, and manage the product strategy for a suite of products outlined in his “From Wall Street to the Great Wall” book. They worked in partnership at AlphaShares (launching China Indexes sponsored by Guggenheim’s ETF family) and BaoChaun/WaveFront (creating hedge funds on EM and China). At the latter, Jonathan served as CIO, and owned the investment process of a strategy combining three uncorrelated sources of alpha: (1) Portfolio Construction, (2) Options Overlay, and (3) Event-Driven Trading – to give the strategy an IR of greater than 0.71 versus its select benchmarks of MSCI China and MSCI EM. Jonathan has been quoted in the Wall Street Journal, Bloomberg, and the InvestmentNews, and has been interviewed on CNBC World and Bloomberg TV. Previously, he served as an Institutional Portfolio Manager and Strategist for Barclays Global Investors where his team managed over $300 billion of assets. He has managed equity portfolios benchmarked to nearly all emerging markets including over $8.9 billion in Chinese equities. Prior to joining Barclays Global Investors, he was an options trader and market maker on the PSE, CBOE, and CBOT. He earned his CFA charter in 2005, has an MBA degree from the University of Santa Clara, and received a BS in Finance from Boston College.
Brock McDonald, CFA
Instructor at Level II - Equities & Alternative Assets
Brock McDonald is Chief Financial Officer of the Wadhwani Family Office, a single family office located in Palo Alto, California. His primary focus is sourcing investment opportunities in public and private markets. Mr. McDonald also guides investment policy for four tax exempt organizations. Prior to his current position, Mr. McDonald spent 10 years implementing a Fund of Hedge Fund portfolio for a Family Office that generated significant alpha during that tenure and successfully navigated the global financial crisis. Prior to the investment phase of his career, Mr. McDonald was a financial executive at Montgomery Asset Management, Director of Real Estate at Kinko’s Copies and he and spent 10 years in private business. Mr. McDonald received a mathematics degree from UCLA and M.B.A. from USC. He currently teaches Alternative Assets in the CFA Review Program for the CFA Society of San Francisco.
Dr. Kevin Okoeguale, PhD
Instructor at Level II - Fixed Income
Dr. Kevin Okoeguale holds a PhD in finance from the University of Georgia, an MS in Finance from the University of Rochester, and an MBA with a concentration in Finance from Kennesaw State University. He has worked in various teaching and consulting capacities, including full time at Deloitte Consulting as a senior consultant. He is currently an Assistant Professor of Finance at Saint Mary’s College of California and his research interests include Mergers and Acquisitions, Corporate Governance and International finance. His teaching experience has been garnered at both undergraduate and post-graduate levels. The undergraduate courses he has taught include Financial Management, International Finance, Computers in Finance, Survey of Investments, Corporate Finance theory, and Derivatives Securities Markets. At the post-graduate level, he has taught Fixed Income Analysis, Managerial Finance and International Finance. Some of his research papers presented at finance and business conferences include: what drives takeover activity in the banking industry; competition and merger activity in the telecommunications Industry; deregulation and motives for mergers; and economic shocks, competition and merger activity. He has also received outstanding paper awards for some of these research presentations.
Joseph Ori CFA, CPA
Instructor at Level III - Fixed Income Portfolio Management
Joseph J. Ori, is Executive Managing Director of Paramount Capital Corporation, a California based real estate and corporate finance and advisory firm. Mr. Ori is a highly accomplished real estate executive with significant knowledge and experience is all facets of commercial real estate including; investment, finance, capital markets, development, capital raising, management, brokerage and advisory services. Mr. Ori has completed more than $3.2 billion in real estate and corporate financial transactions since 1983. Prior to forming Paramount, Mr. Ori was Senior Vice President of NRC Realty & Capital Advisors, Chief Investment Officer of Rhodes Group, LLC, a Las Vegas based land and home developer, President and Managing Partner of Rochdale Property Ventures, the real estate investment group of Rochdale Investment Management, a New York based investment management firm, Practice Director of the Chicago Real Estate Advisory Group of BDO Seidman, LLP, a National Accounting and Tax firm as well as other prior positions.Mr. Ori has a Bachelor of Science degree in Accounting from Southern Illinois University, an MBA in Finance from DePaul University and completed an executive program in Financial Management at Harvard Business School. He is a licensed real estate broker in California, a Chartered Financial Analyst (CFA) and a Certified Public Accountant (CPA). Mr. Ori is also an Adjunct Professor of Finance at Santa Clara University in Santa Clara, CA. Mr. Ori has authored numerous articles on real estate financing, deal structuring, portfolio diversification and industry trends in leading real estate and finance periodicals and is an active speaker at industry seminars and events. Mr. Ori also publishes a monthly newsletter on the commercial real estate industry called, View of the Market and has published a book available on Amazon.com titled, “The 50 Commandments of Commercial Real Estate Investment.” Further information can be found at the company’s web site at www.paramountcapitalcorp.com.
Mark A. Sherman, CFA
Instructor at Levels I & II - Financial Reporting & Analysis, Level III - Behavioral Finance
Mr. Sherman is a Principal and Portfolio Manager with Van Strum & Towne, Inc. Mark received a Bachelor of Science degree from Bridgewater College, Virginia and was awarded a Master of Business Administration from the College of William and Mary. Prior to joining Van Strum & Towne in February 1998, Mark was employed as a research associate with NationsBanc Montgomery Securities and as a Certified Public Accountant with McGladrey & Pullen, LLP. Mark holds the Chartered Financial Analyst designation and is a member of the CFA Society of San Francisco and CFA Institute. Mark serves as the firm’s Chief Compliance Officer.
Curt Smith, CFA
Instructor at Level II – Ethics
Curt Smith, CFA, has a BA in History and Economics from Beloit College and an MBA in Finance from the University of San Francisco. He holds the Chartered Financial Analyst designation and is a Past President and member of the Board of Directors of the Security Analysts of San Francisco (now known as CFASF). He worked in the private equity area for Strategic Investment Solutions ("SIS") from 1997 to 2015, primarily interacting with public and corporate pension plans, as well as high net worth clients. Prior to joining SIS, he was employed at Union Bank of California (formerly The Bank of California), where he managed a portfolio of closely-held businesses and illiquid assets. Earlier he was involved with Sobek Expeditions, an adventure travel startup and worked for the publisher Harper & Row.
Gregg Wurster, CFA
Level II - Corporate Finance, Equity Investments
Gregg Wurster has over a decade of experience as an investment professional with a background spanning traditional, private, and alternative assets. Mr. Wurster currently manages a generalist hedged equity, option, and bond portfolio, as well as serving on the Boards / Investment Committees of two non-profit endowments. Mr. Wurster was a pension consultant at Torrey Cove Capital Partners where he researched buyout, equity, and special situations managers on behalf of several of the largest US public pensions. Previously, he was an investment professional at a global macro, multi-strategy hedge fund at Allianz Global Investors where he researched and invested primarily in alpha-producing fixed income strategies as well as managing a global bond mutual fund. Mr. Wurster also invested in public equities in a generalist equity long-short program and evaluated hedge fund managers for a family office. Mr. Wurster began his investment career in the venture capital group of Burrill & Company, where he made venture and growth equity investments in life sciences companies; he was also a Principal and co-Founder of a Burrill-backed venture and growth equity firm focused on consumer products in health and wellness. Mr. Wurster has also lectured on finance, business plan development, and venture capital at the University of California, San Francisco. Gregg is a CFA Charterholder, earned his MBA from Duke University, and completed a BS at Rutgers University.