Wealth Management Portfolio Manager
As Wealth Management Portfolio Manager, Matt is responsible for portfolio model creation and maintenance, as well as trading and rebalancing Sunflower Bank and First National 1870 client accounts. Matt also works with the portfolio management group to research the securities used in managing client assets and create insightful investment analysis and content. Additionally, he provides institutional-level portfolio, performance and quantitative analysis that serves the investment information needs of Sunflower Bank.
Matt is an accomplished portfolio manager with over 25 years of experience dedicated to assisting high net worth and institutional clients meet their long-term investment objectives. He has earned the Chartered Financial Analyst (CFA®) charter, demonstrating expertise in investment management and research. Previously he has held Investment Strategist, Director of Research, Senior Portfolio Manager and Senior Trader positions while managing portfolios, conducting economic, equity and fixed income research, and executing tax-efficient overlay strategies for clients.
Matt is based in our Scottsdale office and previously served as Treasurer for the Arizona Education Foundation and was a member of the St. Mary’s Food Bank Alliance Investment Committee. He holds a B.S. in Finance from Arizona State University.
"Markets can remain irrational longer than you can remain solvent."- John Maynard Keynes
Most Valuable Lesson Learned
One of the most important investment lessons to learn relates to portfolio benchmarking. It is a widely accepted practice in the investment management industry to solely utilize an asset class-weighted benchmark for performance measurement. I would argue that a better benchmark might be one that theoretically prevents a client from outliving their money. This figure is determined through the financial planning process. An investor should not only view their asset allocation from a risk tolerance standpoint, but also from a risk capacity perspective. While a person may psychologically have the tolerance to accept a high degree of volatility in their portfolio, their account may not have the capacity to handle it. Exclusively using an asset class-weighted performance benchmark can lead to positioning too aggressively, resulting in an investor outliving their resources.