CLS Investment Team

The CLS Investment Team is responsible for the day-to-day management of CLS’s investment portfolios, as well as providing ongoing support and guidance to CLS’s advisors and investors.

This team is fortified by CLS’s Investment Committee, which meets quarterly to formally review performance and positioning. In addition, the Investment Committee is responsible for CLS’s Risk Budgeting Methodology and the CLS Investment Themes. The former is our preferred approach to portfolio risk management. The latter is the unifying thread between all CLS portfolios.

*Investment Committee members are denoted by an asterisk below.
Rusty Vanneman, CFA, CMT*

Chief Investment Officer

Rusty Vanneman

Rusty Vanneman, CFA, CMT*

Chief Investment Officer

 

Rusty Vanneman is responsible for all investment operations at CLS, including investment philosophy, process, people, positioning, and performance. Mr. Vanneman is also responsible for internal and external communications regarding market environment and current investment strategies. He is part of the management team on two mutual funds (one aggressive and one balanced).

Mr. Vanneman joined CLS in September 2012 as Chief Investment Officer. Previously, he served as Chief Investment Officer and Portfolio Manager at Kobren Insight Management (KIM) in the greater Boston area. His 11-year tenure at KIM included a 5-year span during which the firm was owned by E*TRADE Financial and he served as the Senior Market Strategist for E*TRADE Capital. Prior to working at KIM, he was a Senior Analyst at Fidelity Management and Research (FMR Co) in Boston. He was also a Managing Analyst at Thomson Financial.

Mr. Vanneman received a Bachelor of Science degree in Management from Babson College where he graduated with high distinction. He holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute. He is also a Chartered Market Technician (CMT) and a member of the Market Technician’s Association (MTA). In addition, Mr. Vanneman authored the book “Higher Calling: A Guide to Helping Investors Achieve Their Goals.” He was named one of the Top 10 Portfolio Managers to Watch by Money Management Executive in 2017.*

Did you know? Rusty had a brief stint as a cowboy near the town of Valentine in Cherry County, Nebraska.

Contact Rusty:
402-896-7641
rusty.vanneman@clsinvest.com

 

*CLS Investments, LLC (“CLS”) Chief Investment Officer, Rusty Vanneman, CFA, CMT, was selected as a “Top 10 Fund Managers to Watch” in 2017 by Money Management Executive. Money Management Executive is an unbiased, third-party publication covering the asset management industry. Money Management Executive chose the list of managers to watch by screening Morningstar data from funds with a single manager, ranked as having the best three-year annualized returns in their respective categories. The list of managers was published March 27, 2017. Money Management Executive is not affiliated with CLS. Ratings and awards may not be representative of any one client’s experience and are not indicative of CLS’s future performance.

Joseph Smith, CFA*

Senior Market Strategist

Joseph Smith, CFA*

Senior Market Strategist

Joe Smith specializes in quantitative research, risk management, and ETF due diligence. He serves as Senior Market Strategist for the CLS AdvisorOne International Equity Fund, CLS’s Thematic Growth Strategy, and CLS’s Core Plus ETF Strategy.

Prior to joining CLS in 2015, Mr. Smith worked at Russell Investments where he served as an Analyst responsible for asset allocation research, portfolio construction, optimization design, and risk management research. He later joined Russell ETFs as Manager of ETF Product Development and Research, a role in which he developed quantitative indexing strategies implemented as ETFs. Mr. Smith also worked for Charles Schwab Investment Management as a Senior Product Specialist supporting product management activities for the Schwab ETFs fund family. In addition, he worked for CLS during the summer of 2014 as an Investment Analyst.

Mr. Smith received his Bachelor of Science degree in Economics from the University of Washington. He later received his Master of Business Administration from the Tepper School of Business at Carnegie Mellon University.

Mr. Smith holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Society of San Francisco, Pittsburgh, and Nebraska. He is also a member of the Society of Quantitative Analysts and the Quantitative Work Alliance for Applied Finance, Education and Wisdom.

Did you know? In grad school, Joe spent 40 days in nine countries.

Contact Joseph:
402-896-7823
joe.smith@clsinvest.com

Grant Engelbart, CFA, CAIA*

Portfolio Manager

Grant Engelbart

Grant Engelbart, CFA, CAIA*

Portfolio Manager

Grant Engelbart manages CLS’s aggressive mutual funds and several ETF and mutual fund separate account strategies, including CLS’s American Funds portfolios. He also leads the alternative broad asset class team and serves on several committees across CLS’s parent company, NorthStar Financial Services Group, LLC.

Mr. Engelbart first joined CLS as an intern in 2007. He returned in 2009 and held several roles in trading and investment research prior to accepting the role of Portfolio Manager in 2013. He previously held positions at TD Ameritrade and State Street Corporation.

Mr. Engelbart received his Bachelor of Science degree in Finance from the University of Nebraska at Lincoln. He holds the Chartered Financial Analyst (CFA) designation, Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA Society of Nebraska and the CAIA Chicago Chapter.

Did you know? Grant invested in his first fund at age 13.

Contact Grant:
402-896-7163
grant.engelbart@clsinvest.com

Marc Pfeffer*

Senior Portfolio Manager

Marc Pfeffer*

Senior Portfolio Manager

Marc Pfeffer, Managing Director, Institutional Fixed Income; Senior Portfolio Manager

Marc Pfeffer specializes in fixed income strategies. He is a Portfolio Manager on the CLS Flexible Income Fund team and manages the CLS Active Income X Strategy and CLS’s ETF strategies. He also manages individual municipal bond portfolios for the CLS Master Manager Strategy and is a senior member of the CLS Investment Committee.

Mr. Pfeffer joined CLS in 2011, continuing as Senior Portfolio Manager for the Milestone Treasury Obligations Fund. The Fund was incorporated into CLS’s fund family in January 2012. Mr. Pfeffer has more than 30 years of investment management experience, including time spent as the Chief Investment Officer at Milestone. He also worked previously at Goldman Sachs and Bear Stearns.

Mr. Pfeffer graduated from the State University of New York with a Bachelor of Science degree, and from Fordham University with a Master of Business Administration degree. He holds his FINRA Series 7, 63, and 65 licenses.

Did you know? Marc is also an avid poker player.

Contact Marc:
402-896-7225
marc.pfeffer@clsinvest.com

Paula Wieck, CFA*

Portfolio Manager

Paula Wick

Paula Wieck, CFA*

Portfolio Manager

Paula Wieck specializes in protection strategies, in addition to tax-managed and separately managed accounts for high net worth clients. She is a manager on the CLS Global Diversified Equity Fund, the CLS Growth and Income Fund, and CLS Shelter Fund. She also oversees a team of investment research and performance analysts who provide in-depth research and data for CLS’s investment decision making process.

Prior to joining CLS in 2006, Ms. Wieck worked at TD Ameritrade as an Equity Analyst and Orion Advisor Services as an Implementation Specialist. Ms. Wieck holds a Bachelor of Science degree in Banking and Finance from the University of Nebraska at Omaha.  She also holds the Chartered Financial Analyst (CFA) designation and the FINRA Series 65 securities license. She is a member of the CFA Society of Nebraska and the New York chapter of Women in ETFs. Ms. Wieck was named one of the Top 10 Women in Asset Management by Money Management Executive in 2017.*

Did you know? Paula began her career in nutrition science.

Contact Paula:
402-896-7001
paula.wieck@clsinvest.com

 

*CLS Investments, LLC (“CLS”) Portfolio Manager, Paula Wieck, CFA, was included in a “Top Women in Asset Management” in 2017 selected by Money Management Executive. Money Management Executive is an unbiased, third-party publication covering the asset management industry. Money Management Executive editors chose the list of women from nominations that discussed their roles at their asset management company, as well as any community service programs in which they may be involved. The list of managers was published May 1, 2017. Money Management Executive is not affiliated with CLS. Ratings and awards may not be representative of any one client’s experience and are not indicative of CLS’s future performance.

Joshua Jenkins, CFA*

Portfolio Manager

Joshua Jenkins, CFA*

Portfolio Manager

Joshua Jenkins manages CLS’s moderate- to low-risk mutual funds and income-focused separate account strategies. He is a Portfolio Manager on the Milestone Treasury Obligations Fund, AdvisorOne CLS Growth and Income Fund, and AdvisorOne CLS Flexible Income Fund.

Mr. Jenkins joined CLS in 2013 as a Research Analyst and accepted the role of Portfolio Manager in 2015. Prior to joining CLS, he was an Analyst for Auriga, USA, LLC in New York City.

Mr. Jenkins received his Bachelor of Science degree in Finance from the University of Nebraska at Lincoln and holds the Chartered Financial Analyst (CFA) designation. He is a member of the CFA Society of Nebraska.

Did you know? Josh ran a 76-mile race for NorthStar.

Contact Joshua:
402-896-7069
josh.jenkins@clsinvest.com

Kostya Etus, CFA*

Portfolio Manager

Kostya Etus, CFA*

Portfolio Manager

Konstantin “Kostya” Etus specializes in international investments. He is a co-manager on two mutual funds (aggressive allocation and international) and manager on various separate account strategies, including Core Plus ETF and SRI/ESG. In addition, he manages 529 plans.

Mr. Etus has eight years of investment experience, including six at CLS. He began his career at CLS in 2011 as a Trading Specialist and became a Research/Portfolio Analyst in early 2013. In 2016, he was promoted to Portfolio Manager. Prior to working at CLS, Mr. Etus worked as an Associate Financial Analyst at ConAgra Foods, Inc., managing the company’s global cash network.

He graduated from the University of Nebraska at Omaha with a Bachelor of Science degree in Business Administration and obtained Master of Investment Management and Financial Analysis and Master of Business Administration degrees from Creighton University. He holds the FINRA Series 65 securities registration and the Chartered Financial Analyst (CFA) designation.

Did you know? Kostya grew up in Soviet Russia.

Contact Kostya:
402-896-7523
kostya.etus@clsinvest.com

Case Eichenberger, CIMA®*

Client Portfolio Manager

Case Eichenberger, CIMA®*

Client Portfolio Manager

Case Eichenberger co-manages CLS’s American Funds strategies, works closely with CLS’s separate account strategies (Master Manager), and communicates with advisors and their clients both remotely and in-person.

Since joining CLS in 2007, Mr. Eichenberger has held various roles, including Relationship Representative and Internal Wholesaler. In 2015, he accepted the role of Client Portfolio Manager.

Mr. Eichenberger received his Bachelor of Science degree in Business Administration from Midland University. He holds the FINRA Series 6, 63, and 65 licenses and Certified Investment Management Analyst (CIMA®) designation. During the accreditation process, he attended the Wharton School of Business at the University of Pennsylvania.

Mr. Eichenberger is a member of Greater Omaha Young Professionals and a volunteer for Habitat for Humanity.

Did you know? Case comes from a long line of educators.

Contact Case:
402-896-7004
case.eichenberger@clsinvest.com

Mark Matthews

Investment Research Analyst

Mark Matthews

Investment Research Analyst

Mark Matthews specializes in bottoms-up fundamental analysis. He serves as an Analyst on CLS’s ETF Core Plus SMA strategies and for the domestic equity and fixed income research teams.

Mr. Matthews joined CLS in 2015 as Junior Analyst and was later promoted to Investment Research Analyst. Before joining CLS, he worked as a Controller for Columbia, S.C.-based engineering firm, Dennis Corporation. He also held previous roles at TD Ameritrade in the Risk Management Division, where he was responsible for creating and updating quantitative risk models used to identify volatile securities, as well as implementing parameters to mitigate associated risk.

Mr. Matthews graduated Magna Cum Laude from Benedict College in Columbia, S.C. He holds a Master of Science degree in Security Analysis and Portfolio Management and a Master of Business Administration from the Heider College of Business at Creighton University. In addition, Mr. Matthews currently holds the FINRA Series 65 security license, is a United States Army Reservist, and is working toward his Chartered Financial Analyst (CFA) designation.

Did you know? Mark played college football in South Carolina.

Contact Mark:
402-896-7890
mark.matthews@clsinvest.com

Gene Frerichs*

Senior Performance Analyst

Gene Frerichs*

Senior Performance Analyst

Gene Frerichs specializes in performance measurement, attribution, risk reporting, and composite/Global Investment Performance Standards (GIPS) reporting. Throughout his career at CLS, which began in 1997, Mr. Frerichs has been responsible for helping develop the Portfolio Administrator and Performance Analyst positions.

Mr. Frerichs received his Bachelor of Arts degree in Mathematics from Chadron State College in Nebraska. He currently holds a FINRA Series 65 license and has completed the first level of the CIPM program offered through the CFA Institute.

Did you know? Gene grew up in the Old West town of Ogallala, Nebraska.

Contact Gene:
402-896-7190
gene.frerichs@clsinvest.com

Jackson Lee, CFA

Quant. Investment Research Analyst

Jackson Lee, CFA

Quant. Investment Research Analyst

Jackson Lee specializes in data analytics and is responsible for researching and managing data, including the CLS Edge and Risk Budget scores, used by the Portfolio Management Team. He serves on the Domestic Equity BACE team, which researches and analyzes domestic equity ETFs.

Prior to joining CLS in 2014, Mr. Lee was an Accounting Analyst for CLS’s sister company, Orion. Mr. Lee graduated from Creighton University with a Bachelor of Science degree in Finance. He holds the Chartered Financial Analyst (CFA) designation and the FINRA Series 65 securities license.

Did you know? Jackson was born in Hong Kong.

Contact Jackson:
402-896-7460
jackson.lee@clsinvest.com

Mike Forker, J.D.*

Chief Compliance Officer

Mike Forker, J.D.*

Chief Compliance Officer

Mike Forker, J.D., serves as Chief Compliance Officer for CLS Investments, and oversees CLS’s Compliance Department. Previously, Mr. Forker served as CLS’s Senior Compliance Officer. Prior to joining CLS, Mr. Forker served as a Compliance Consultant and Attorney for independent RIAs and broker-dealers through a well-known consulting firm.

Mr. Forker earned his Juris Doctor from Creighton University School of Law and his Bachelor’s degree in Business Administration from the University of Iowa.

Todd Clarke*

Managing Director, NorthStar Financial Services Group, LLC

Todd Clarke

Todd Clarke*

Managing Director, NorthStar Financial Services Group, LLC

Todd Clarke joined CLS Investments, LLC in December of 1992 as a Wholesaler. Before becoming Managing Director of NorthStar, Todd also held positions at CLS as Sales Manager, Executive Vice President of Sales and Marketing, President, and CEO. In his current role, Mr. Clarke is responsible for leading the NorthStar national accounts and marketing teams, which focus on leveraging the collective size and offerings of NorthStar to offer CLS advisors and partners additional tools and distribution outlets.

Mr. Clarke received a Bachelor of Science degree in Business Management from Brigham Young University. He currently holds Series 7, Series 63, and Series 66 securities licenses. Outside CLS, Mr. Clarke participates in the TD Ameritrade Advisory Panel and has served as a Millard Public Schools Foundation board member

Institutional Trading Team

Kevin Zlomke

Institutional Trading Manager

Kevin Zlomke

Institutional Trading Manager

Kevin Zlomke joined CLS in August 2004. In 2006, he was promoted to Manager of the New Business Team. In 2010, he joined the Trading Team and was promoted to Operations Project Manager on the Institutional Trading Team. In 2012, he was promoted to Institutional Trading Manager.

Mr. Zlomke holds a Bachelor of Science degree in Business Administration from Nebraska Wesleyan University in Lincoln, NE. He holds FINRA Series 6, 26, and 65 securities registrations.

Learn more about Kevin on our blog.

Michael Vitallo

Operations Project Manager

Michael Vitallo

Operations Project Manager

Michael Vitallo joined CLS as a Portfolio Administrator in 2012. In 2013, he was promoted to his current role as Operations Project Manager.

Mr. Vitallo holds a Bachelor of Science degree in Marketing from Illinois State University in Normal, IL. He holds FINRA Series 65 and 7 securities registrations.

Learn more about Michael on our blog.

Andrew Reisdorff

Operations Project Manager

Andrew Reisdorff

Operations Project Manager

Andrew Reisdorff joined CLS as a Portfolio Administrator in 2012. In 2013, he was promoted to Operations Project Manager.

Mr. Reisdorff holds a Bachelor of Science degree in Business Administration, with a major in Finance from the University of Nebraska at Lincoln. He holds a the FINRA Series 65 securities registration.

Learn more about Andrew on our blog.