As a matter of philosophy, Flaherty & Crumrine operates with a very compact staff of highly qualified professionals. This approach is designed to encourage the focus on their specialized investment niche and to avoid having the attention of their key people diverted.
Donald F. Crumrine CFA, Director and Chairman
Mr. Crumrine is actively involved in the day-to-day management of all client portfolios and directs client service and marketing efforts. He also serves as Chairman of the Board, Chief Executive Officer and a Director of our four U.S. closed-end funds: Flaherty & Crumrine Preferred Income Fund, Flaherty & Crumrine Preferred Income Opportunity Fund, Flaherty & Crumrine/Claymore Preferred Securities Income Fund and Flaherty & Crumrine/Claymore Total Return Fund.
Mr. Crumrine earned a B.S. in Finance from the University of Southern California and his M.B.A. from the Wharton School at the University of Pennsylvania. He has co-authored research papers presented to the committee for after-tax performance measurement of the CFA Institute. He has testified before the U.S. House Ways and Means Committee on matters related to the preferred securities market. Click here to view bio
Robert M. Ettinger CFA, Director and President
Prior to joining Flaherty & Crumrine, he worked for three years at Scudder Stevens & Clark with Mr. Flaherty and Mr. Crumrine on managing preferred securities and developing related hedging strategies.
Mr. Ettinger earned his B.A. in Economics from UCLA and was honored as the department’s Commencement Speaker in 2001. He earned his M.B.A. from the Wharton School at the University of Pennsylvania. While at Wharton he served as the student representative on the M.B.A. Admissions Committee. Click here to view bio
Bradford S. Stone, Director and Vice President
From 2001 until joining Flaherty & Crumrine, he was Director of U.S. Market Strategy at Barclays Capital in New York, where he advised clients on market strategies across U.S. treasuries, agencies, and interest rate derivative products. Prior to Barclays, he spent 14 years at Goldman Sachs, where he most recently held the position of Director – Interest Rate Product Strategy, Americas. He was a regular member of Institutional Investor’s All-America Fixed Income Research Team, earning the top ranking in Derivatives Strategy in 2001. He began his career at Salomon Brothers as an options trader and derivative salesperson.
Mr. Stone earned his M.B.A. from the Wharton School at the University of Pennsylvania and his A.B. in Economics from Dartmouth College.Click here to view bio
R. Eric Chadwick CFA, Director and Vice President
Prior to joining Flaherty & Crumrine in 1999, he worked at Koch Industries Inc. where he was responsible for managing sizable portfolios of both preferred securities and corporate bonds. He was also responsible for developing analytical tools used in the management of the portfolios, and providing fundamental research on a broad range of credits.
Mr. Chadwick earned his M.B.A. from the UCLA Anderson School of Management and his B.S. in Economics from the University of Kansas.Click here to view bio
Chad Conwell, Director, Vice President, Chief Legal Officer and Chief Compliance Officer
Previously, Mr. Conwell practiced at Paul, Hastings, Janofsky & Walker LLP, a global law firm, for more than six years in the areas of corporate finance and investment management regulation.
Mr. Conwell earned his B.A. from the University of California at Berkeley and his J.D. from the Georgetown University Law Center. Click here to view bio
Rick J. Seto CFA, Vice President and Managing Director
From 1999 until joining Flaherty & Crumrine, Mr. Seto was an Associate Equity Analyst at UBS Investment Bank, where he covered natural gas pipelines, local distribution companies, electric utilities, and master limited partnerships. Prior to UBS, he spent three years at Moody’s Investors Service as an Associate Analyst covering investment-grade Consumer Products and Retail companies. From 1991-1996, he was an AVP and commercial lending officer at NatWest Bank with primary account and cross-sell responsibilities for a portfolio of consumer products, consumer finance and retail companies. He was a member of the top-ranked Institutional Investor’s All-America Natural Gas Equity Research Team at UBS in 2003. He began his career at Heller Financial Inc. as a financial analyst in asset-based lending.
Mr. Seto completed a formal credit-training program at NatWest Bank, and earned his B.S. in Statistics and Econometrics from New York University. Click here to view bio
Lisa Tucci CFA, Managing Director
Prior to joining Flaherty & Crumrine, she spent five years as an Associate Director of Equity Research at UBS Investment Bank, where she covered natural gas pipelines and natural gas and electric utilities. Ms. Tucci was a member of the top-ranked Institutional Investor’s All-America Natural Gas Equity Research Team at UBS in 2003 and earned an honorable mention herself the same year.
Ms. Tucci earned a B.S. from State University at Albany, New York.Click here to view bio
Gordon Russo, Senior Credit Analyst
Mr. Russo earned his M.S.F. from Bentley College Graduate School and his B.A. from Rutgers College.Click here to view bio
University of Southern California — B.S. Finance, 1969 (Beta Gamma Sigma)
The Wharton School, University of Pennsylvania — M.B.A., 1972 (With Distinction, Director’s Honor List)Back to top
University of California, Los Angeles — B.A. Economics, 1980 (With Honors)
The Wharton School, University of Pennsylvania — M.B.A., 1985 (Catherine D. Sharpe Fellow)Back to top
University of Kansas — B.S. Business, 1996 (Honor Roll)
The Anderson School, University of California Los Angeles — M.B.A., 2003Back to top
Dartmouth College — A.B. Economics, 1981
The Wharton School, University of Pennsylvania — M.B.A., 1983 (With Distinction, Director's Honor List)Back to top
University of California at Berkeley — B.A. Political Science, 1993 (With distinction)
Georgetown University Law Center, Washington, D.C. — J.D., 1998 (Cum Laude)Back to top
New York University — B.S. Statistics and Econometrics, 1989
NatWest Bank, N.A. — Formal Credit Training Program, 1994-95Back to top
LISA C. TUCCI, CFA — Managing Director
State University at Albany, New York — B.S., 2000 (With Honors)
Gordon Russo — Senior Credit Analyst
Bentley College Graduate School - Master of Science in Finance (MSF) 1989
Rutgers College – B.A. Economics with Accounting Concentration 1985
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