W. Patrick Clarke
Chief Executive Officer
Patrick Clarke currently serves as Co-Chairman of NorthStar Financial Services Group, LLC. Mr. Clarke co-founded CLS Investments, LLC (“CLS”) in 1989 after working as a registered financial representative for 19 years. In January of 1999, Mr. Clarke sold CLS but continued to serve as Chief Executive Officer. In January 2003, he co-formed NorthStar Financial Services Group, LLC and repurchased CLS.
Mr. Clarke graduated from Brigham Young University in 1970 with a Bachelor of Science / Bachelor of Arts degree in Marketing & Finance. He currently holds his FINRA Series 7 and Series 24, NASAA 63, and NASAA 65 securities registrations. Mr. Clarke is a Boy Scouts of America Mid-America Council Trustee, and also serves on the organization’s investment committee.
In his spare time, Mr. Clarke enjoys water sports, snow skiing, hunting, golf, and spending time with his wife, his five children, and his 16 grandchildren.
Todd Clarke
President
In addition to being a member of the CLS Investments, LLC (“CLS”) Investment Committee, Todd Clarke currently serves as CLS President.
Todd Clarke joined CLS in December of 1992 as a Wholesaler. Before becoming President, Todd also held positions as Sales Manager, and Executive Vice President of Sales and Marketing. In his current role, Mr. Clarke is responsible for overseeing all aspects of Sales and Marketing, Portfolio Management, and Business Development.
Mr. Clarke received a Bachelor of Science degree in Business Management from Brigham Young University. He currently holds his FINRA Series 7, NASAA Series 63, and NASAA Series 66 securities licenses. Outside CLS, Mr. Clarke participates in the TDAmeritrade Advisory Panel and is a Millard Public Schools Foundation board member.
Todd's hobbies include tennis, fishing, and skiing. Mr. Clarke is married and has four children.
Bob Jergovic, CFA
Chief Investment Officer and Investment Committee Chairman
Bob Jergovic started with CLS in November of 2000 as a Portfolio Manager and was promoted to Chief Investment Officer in March of 2002.
Mr. Jergovic has more than 30 years of experience in the investment management industry. Prior to joining CLS, he worked at Guarantee Life Insurance Company where he held positions as Vice President of Investments and Assistant Treasurer. He was also Managing Director at Cambridge Advisors, Inc., Vice President and Chief Investment Officer at Commerce Investment Management, Inc., Vice President and Chief Investment Officer at Mutual of Omaha Fund Management, and a Securities Analyst at Woodmen of the World Life Insurance Society.
Mr. Jergovic received a Bachelor of Arts / Bachelor of Science degree and a Master of Business Administration degree from the University of Nebraska. He currently holds the Charter Financial Analyst (“CFA”) designation, as well as his FINRA Series 7 and Series 24, and NASAA Series 63 securities licenses.
Mr. Jergovic has participated in many outside professional organizations, included the Omaha-Lincoln Financial Analysts Society, the University of Nebraska Alumni Association, and the Metropolitan Community College Foundation. He also served as an advisor for the Metro Area Transit Company Salaried Employees Pension Plan and is a member of the CFA Institute.
When he is not working at CLS, Mr. Jergovic enjoys spending time with his family and serving as a pastoral care volunteer at the Nebraska Medical Center. He has been married for 30 years and has five children.
Scott Kubie, MBA, CFA
Chief Investment Strategist and Executive Vice President
Scott Kubie joined CLS as a Portfolio Manager in November 1995. In March of 2002, he was given additional responsibilities as the Director of Research. In response to rapid asset growth at CLS, Mr. Kubie moved to the role of Chief Strategist in June 2005.
Mr. Kubie holds a Bachelor of Arts degree in Business and Economics from Trinity University in San Antonio, Texas, and a Master of Business Administration from the University of Nebraska at Omaha (“UNO”). He currently holds FINRA Series 6 and NASAA Series 66 securities registrations, as well as the Chartered Financial Analyst designation.
When he is not working at CLS, Mr. Kubie serves on the Advisory Board for the Finance, Banking, and Law department in the College of Business Administration at UNO. He is also an Adjunct Professor in the department, and teaches the upper-division class “Principles of Investments.” In his spare time, Mr. Kubie enjoys reading, golf, tennis, helping coach his son’s sports teams, teaching Sunday school, and spending time with his family.
J.J. Schenkelberg, CFA
Senior Portfolio Manager
J.J. Schenkelberg joined CLS in December 2004 as a Senior Portfolio Manager. In this position, she is responsible for separate account and mutual fund portfolio management. In addition, she helps maintain investor relationships.
Prior to working at CLS, Ms. Schenkelberg was a senior analyst for First Focus Funds, where she concentrated on analysis of financial, consumer product, and health care stocks. While employed there, she was the lead manager of a separate account portfolio of 30 individual stocks.
Ms. Schenkelberg graduated from Kansas State University with a Bachelor of Science degree in Accounting & Finance and from Creighton University with a Master of Business Administration degree. She currently holds the Chartered Financial Analyst (“CFA”) designation.
Ms. Schenkelberg participates in the CFA Society of Nebraska and is on the Metro Area Transit Salary Pension Committee and the Kansas State University School of Finance Advisory Board.
When not working, she enjoys yoga, golf, fitness, and playing games with her husband and two children.
Dennis Guenther, CFA
Dennis Guenther joined CLS as a member of the New Accounts team in 1997. In August 2002, Dennis was promoted to Senior Portfolio Manager. In this position, he is responsible for managing separate account and mutual fund portfolios, as well as maintaining investor relationships. He is also the co-manager of the Amerigo, Berolina, and Clermont AdvisorOne Funds.
Mr. Guenther attended Wayne State College, where he received a Bachelor of Science degree in Business Administration, with a minor in Management Information Systems. He currently holds the Chartered Financial Analyst designation, as well as FINRA Series 6 and NASAA Series 65 securities licenses.
In his spare time, Dennis enjoys participating in outdoor activities with his family and woodworking.
Steve Donahoe, CFA
Senior Portfolio Manager
Steve Donahoe started with CLS in March of 2008 as a Senior Portfolio Manager. Prior to joining the firm, he was a portfolio manager at Wells Fargo bank in the trust department, where he managed nearly $120 million.
Mr. Donahoe received a Bachelor of Science degree in Business Administration with a concentration in accounting from the University of Nebraska at Omaha. He currently holds the Chartered Financial Analyst designation.
When he is not working, Steve participates on the board of Omaha CrimeStoppers where he serves a treasurer. He is also serves as an officer on the Chartered Financial Analyst Society of Nebraska board. His hobbies include exercising and spending time with his wife and two children.