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Educational Investment Fund - Board of Directors

Numan Ahmed


Senior Investment Analyst
State Farm Insurance Companies
Bloomington, Illinois

Ahmed began his career at State Farm in 2000.  Currently, he is a Senior Investment Analyst in the Common Stock department at State Farm.  He is responsible for analyzing the portfolio's technology holdings and making investment recommendations to the Portfolio Manager.  Additionally, he and a small team of analysts manage a new idea portfolio looking for smaller companies that meet State Farm's high quality threshold, risk aware, and conservative investment philosophy.

Ahmed earned a Bachelor of Science in Finance in 2000 from Illinois State University and a MBA from the University of Chicago Booth School of Business in 2004.  Ahmed lives in Bloomington, Illinois with his wife and their three children.

Mark J. Burns, CFA®

Mark Burns


Investment Officer
COUNTRY Financial 
Bloomington, Illinois

Burns joined COUNTRY Financial in August 2005 as Portfolio Manager. His current area of responsibility includes all areas within the fixed income market for various insurance company and total return portfolios. He was a corporate bond specialist for Caterpillar Investment Management Ltd.from May 2000 until August 2005. Before joining Caterpillar, Burns was vice president of fixed income securities at Principal Capital Management of Des Moines, Iowa where he monitored a $1.3 billion corporate bond portfolio, which included privately placed and publicly traded debt securities, and specialized in the grocery retail/wholesale, department store, textile, and leisure industries. Burns earlier analyzed the credit quality of banks as an assistant bank examiner with the Federal Deposit Insurance Corporation.

Burns earned the Bachelor of Science in Finance in 1990 and an MBA in 1994 from Illinois State University. He is a Chartered Financial Analyst and holds Series 7 and 63 securities licenses.

David Deneen, CFP®

David Deneen
 
Senior Vice President-Investment Officer
Wells Fargo Advisors, LLC

 


 

 

Donald D. Duncan, CFA®, CFP®, CPA

Donald Duncan
D3 Financial Counselors LLC
Downers Grove and Chicago, Illinois

In 1997, Duncan retired as a Vice President from Northern Bank and Trust Company and started D3 Financial Counselors with the vision of bringing LaSalle Street to Main Street. During his seventeen year career working for Northern Trust, Duncan worked in strategic planning, credit research and investment management. The last ten years there he ran various mutual fund portfolios and was a member of the management team with responsibility for portfolio management, risk management, compliance and technology development for over $70 billion in assets.
 
Duncan received a Certified Public Accountant designation in 1985 and a Master of Business Administration degree from DePaul University in 1987. He became a Chartered Financial Analyst in 1992. In 1997, Duncan earned his Certificate of Educational Achievement in Estate Planning. To round out his education, he earned his Certified Financial Planner designation in 1999 and a PFS designation in 2006.

Andrew L. Finks, CFA®


Wealth Management - Investment Officer
COUNTRY Financial
Bloomington, Illinois

Finks is an Investment Officer in the Wealth Management department at COUNTRY Financial in Bloomington, Illinois. He is a Portfolio Manager responsible for security selection, manager selection, and asset allocation for private client portfolios.  In addition to these responsibilities, he is the energy sector analyst for the equity portfolio management team.  Prior to his position at COUNTRY Financial, Andrew Finks worked in portfolio management at Northern Trust, Chicago, and as an analyst at Caterpillar, Peoria.

Andy received a B.S. degree, cum laude, in Finance from Illinois State University and an MBA, with distinction, from the Kellstadt Graduate School of Business at DePaul University. He is a Chartered Financial Analyst and a member of the CFA Society of Chicago.

Frank J. Haggerty, Jr., CFA®  

Frank Haggerty
Portfolio Manager and Senior Analyst 

Duff & Phelps Investment Management
Chicago, Illinois

Haggerty is a portfolio manager and senior analyst at Duff & Phelps Investment Management where he leads a team responsible for analyzing and investing in publicly traded international real estate and lodging companies. He is a member of the Duff & Phelps global real estate securities team, which manages in excess of $2 billion across a range of mutual funds and institutional separate accounts. 

Prior to joining Duff & Phelps in 2005, Haggerty was a senior analyst and portfolio manager at ABN AMRO Asset Management for seven years.  At ABN AMRO, he was a member of the North American real estate securities team and was responsible for analyzing the residential, office, lodging, and health care property sectors.  Additionally, Haggerty was the portfolio manager for the North American region of the ABN AMRO High Income Property Fund (Netherlands based mutual fund) and several offshore separate accounts that utilized a similar investment strategy.

Haggerty holds a Bachelor of Science in Business Administration degree from Illinois State University and a MBA with distinction from DePaul University.  He is a member of the CFA Society of Chicago, the CFA Institute and the National Association of Real Estate Investment Trusts.

Gary Koppenhaver, PhD


Dr. Gary KoppenhaverChairperson and Professor
Department of Finance, Insurance and Law
Illinois State University

Dr. Koppenhaver joined the Illinois State faculty as Chairperson of the Department of Finance, Insurance and Law in 2007. Before coming to Illinois State, he held a joint appointment as a Professor in the Finance Department and in the Economics Department at Iowa State University.  While at Iowa State, he served (1993-1996, 2001-2002) as the Associate Dean responsible for the management and oversight of Iowa State University's College of Business budget and accounts.  He was employed by the Federal Reserve Bank of Chicago as a senior economist prior to joining Iowa State University.

Dr. Koppenhaver's research interests include the off balance sheet activities of U.S. commercial banks, the optimal use of futures, options, and swap contracts to manage risk, and the operations of money market mutual funds.  His research has appeared in publications of the Federal Reserve Banks of Chicago and Dallas, edited books, and journals including: Decision Sciences Journal of Innovative Education, Financial Education and Practice, Journal of Banking and Finance, Journal of Finance, Journal of Financial Research, Journal of Financial Services Research, Journal of Futures Markets, Managerial and Decision Economics, and Review of Futures Markets.  He is a past member of the Board of Directors of the Midwest Finance Association.

Dr. Koppenhaver received his Bachelor of Business Administration degree and the Ph.D. degree from the University of Iowa.

Michael H. Lansden


First Vice President - Investments

Stifel, Nicolaus & Co., Inc.
Jacksonville, Illinois

Lansden is the Branch Manager and First Vice President/Investments for Stifel, Nicolaus & Company, Incorporated, Member SIPC & NYSE, in Jacksonville, Illinois. He started his investment career in 1994, spending 14 years with A.G. Edwards & Sons before starting the Stifel Nicolaus Jacksonville, Illinois office in the fall of 2008.  Lansden lives just outside of Springfield, Illinois with his wife, Kary (ISU ’90) and three daughters.

Lansden graduated from Illinois State University in 1992 with a bachelor's degree in Finance and is also an alumnus of the EIF program. He is also a current board member for the Lincoln Land Community College Foundation, member of the Chamber of Commerce in Jacksonville and Springfield, and past treasurer for the Jacksonville Kiwanis Club and the Praireland United Way.

Gerry McKean, PhD


Dr. Gerry McKeanInterim Dean
College of Business
Illinois State University

Dr. McKean is Interim Dean of the College of Business at Illinois State University. He received a Ph.D. at Illinois State University.

Prior to serving as Interim Dean, Dr. McKean served as Interim Chairperson of the Department of Accounting at Illinois State University.

Rachel Meier, CFA®, CFP®


Client Consultation Group - Edward Jones
St. Louis, Missouri

Meier joined Edward Jones in 2001 as a financial strategist assisting high net worth clients with their financial needs. She then spent about three years as a senior portfolio manager with Edward Jones Trust Company, where she directly managed more than 250 accounts with over $150 million in assets. Meier’s current responsibilities include leading the Client Consultation Group, which assists financial advisors in recommending solutions for clients with complex needs to help them achieve their goals. She also works to enhance and provide new tools within the firm’s Financial Assessment & Solutions Tool. Meier became a member of Edward Jones' Investment Policy Committee in 2011.  Prior to joining Edward Jones, Meier spent two years working in corporate finance and accounting. She also spent a year as a relationship manager in a regional bank’s private client group, working with more than 100 families with roughly $100 million in assets.

Meier received a Bachelor of Science degree in Finance from Illinois State University. She is a Chartered Financial Analyst, Certified Financial Planner, and holds the Series 7, 66, 24 and insurance licenses.

Edgar Norton, PhD, CFA®

Edgar Norton
Professor
Department of Finance, Insurance and Law
Illinois State University

Dr. Norton joined the Illinois State faculty in 1997. His research and teaching interests include the areas of investments, financial planning, and small business. A holder of the Chartered Financial Analyst designation since 1988, he regularly has been awarded certificates of achievement signifying continuous development in the field of investments. He served as a curriculum consultant for the Chartered Financial Analyst equity specialization program and the Candidate Curriculum Working Body. He currently consults with the CFA Institute and has participated as an exam grader and team leader for the CFA Examination grading process.  He has completed a term on the Board of Directors of the Financial Planning Association of Illinois on which he served as Director for Career Development.

Dr. Norton has co-authored four textbooks, including Finance (John Wiley and Sons) and Investments (Cengage). He is past President of the Midwest Finance Association and a former board member of the Financial Planning Association for Illinois. The author of more than 30 papers published in journals and conference proceedings, his research has appeared in venues such as Financial ReviewAcademy of Management ExecutiveJournal of Business VenturingJournal of Business EthicsJournal of Small Business FinanceJournal of Business ResearchSmall Business Economics, and Journal of Small Business Management.

Dr. Norton received two Bachelor of Science degrees from Rensselaer Polytechnic Institute, and his Master of Science and Ph.D. degrees from the University of Illinois, Urbana-Champaign.

Dominick Russo


Director of Trading

The Plastics Exchange
Chicago, Illinois

Russo is currently the Director of Trading for The Plastics Exchange based in Chicago, Illinois.  His primary responsibility is the buying and selling of physical plastic resin commodities.  He joined TPE in 2008 in a sales role but now overseas and manages the development of new and existing traders as well as the outside sales force.  His duties also include the editing of a weekly newsletter that the firm publishes to over 20,000 subscribers and developing speculative futures positions and hedging strategies.

Russo graduated from ISU in 2005 with a Bachelor of Science in Finance and a Minor in Economics.  He is an alumnus of the EIF program and currently lives in the Chicago suburbs with his wife Nina.

Doug Throneburg, CFP®, CPA


Vice President

First American Bank
Elk Grove Village, Illinois

Throneburg is a Vice President and Private Client Advisor of First American Bank.  His duties include developing comprehensive financial planning solutions for the bank’s high net worth clients and overall relationship management duties.  Prior to joining First American Bank, Throneburg worked as a financial planner within a small CPA firm catering to high net worth families.  Throneburg is an adjunct faculty member of Keller Graduate School of Management teaching courses in Personal Financial Planning, Securities Analysis, and Financial Management.

Throneburg received his Bachelor of Science degree in Finance from Illinois State University in 1994 and his Master of Business Administration degree from North Central College in 2002.  He is a Certified Financial Planner and an Illinois licensed Certified Public Accountant.  He is an alumnus of the EIF course.

Michael Valencia, CFA®


Senior Equity Analyst

Third River Capital Management
Chicago, Illinois

Valencia is a Senior Equity Research Analyst with Third River Capital Management covering U.S. small cap equities. He focuses on undervalued companies with a distinct competitive advantage, strong management team, and strong financial position.   Prior to his work at Third River Capital, Mike was an Associate Portfolio Manager at Northern Trust working on their small capitalization growth product.
 
Valencia has a Bachelor of Science in Finance from Illinois State University, an MBA with Honors from Lake Forest Graduate School, and is a CFA charterholder. He is an EIF alumnus and a member of the CFA Society of Chicago.

Stephanie Vogel, CFA®


Associate Director,
Actuarial & Analytics Group
Aon Corporation
Chicago, Illinois

Vogel is currently an Associate Director in the Actuarial & Analytics Group at Aon Corporation.  Her primary responsibility is to assist Aon’s clients in understanding their financial capacity to bear risk.  She leads consulting teams and works closely with clients to develop high-value risk solutions and financial analysis.  Vogel joined Aon in 2001 as a Financial and Risk Analyst in the Research & Analysis Group.  Prior to joining Aon, she worked for four years at William Blair & Company, L.L.C. as a sell side associate in equity research covering food and consumer products companies. 

Vogel is a CFA charterholder.  She earned an MBA and a Master of Arts in German from Illinois State University.  Her undergraduate degree is from Illinois Wesleyan University in Business Administration and German.

2017-06-13T11:36:28.259-05:00 2017