A Blend of Youth and Experience

Brian L. Gevry, CFA, is the Chief Executive Officer and Co-Chief Investment Officer of Boyd Watterson, responsible for the strategic leadership of the company and oversight of the company’s investment processes and committees. As CEO, he focuses on the development and execution of the firm’s vision, cultural values, goals, and strategies, allocating resources as necessary to meet client needs while achieving the long-term success of the organization. As Co-CIO, his focus is guiding the investment process, including developing investment philosophy and procedures to ensure Boyd Watterson delivers investment results that meet client expectations while maintaining moderate levels of risk.

Brian joined Boyd Watterson’s predecessor firm, Duff & Phelps Investment Management, in November of 1991. Prior to becoming CEO and CIO in 2006, Brian held various management positions including Chief Operating Officer and Deputy CIO. His approach to leadership reflects his personal philosophy which is centered around honesty and integrity. Brian has worked to shape the organization’s foundational culture, emphasizing inclusivity and transparency, to ensure all employees understand and demonstrate Boyd Watterson’s values and beliefs.

Additionally, Brian established the Strategic Management Process, through which he sets and oversees long-term company and line of business objectives. He has been instrumental in the company’s growth, more than doubling its size in a five-year period, including both assets under management and the number of employees. This growth accelerated in 2013 when BWAM established the real estate line of business and launched its first private open-end real estate fund. Company AUM, comprising fixed income, real estate, and equity strategies, has since been on a continual growth trajectory. Throughout his tenure as CIO, Brian has expanded Boyd Watterson’s national footprint, opening offices in Bloomfield Hills, MI, Washington, D.C., Tampa, FL, and most recently, Denver, CO, to join the already-established headquarters in Cleveland, OH, and office in Chicago, IL.

• MBA from Case Western Reserve University
• BA from Cleveland State University
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society of Cleveland
• Chair of the Sisters of the Humility of Mary Investment Committee
• Chair of the Cleveland State University Foundation Investment Committee
• Member of the Schott Memorial Center Foundation, Inc.
• Member of the Open Door Christian Schools Board

Brian A. Convery, CFA, is the Co-Chief Investment Officer of Boyd Watterson. Together with the Chief Executive Officer, Brian is responsible for guiding the investment process and developing investment philosophy and procedures to ensure Boyd Watterson delivers investment results that meet client expectations while maintaining moderate levels of risk. He leads, alongside the CEO, the Macro and Investment Policy Committees, focusing on evaluating the broad investment market and guiding risk and return positioning.

Prior to joining Boyd Watterson in 2011, Brian had an extensive career highlighted by roles including management consultant focusing on corporate strategy, and investment analyst specializing in high-yield bonds. His initial role with Boyd was Portfolio Manager of Credit Research. His initiative and innovation quickly elevated his position to his current role, advising on strategic direction and facilitating new product development and execution. Within the real estate division, Brian serves as a portfolio manager and member of the Investment Committee. He was instrumental in the development and launch of the firm’s state and local government focused open-ended real estate fund and open-ended REIT product and is an integral part of new product development. He has also driven the development and growth of the Research and Data Lab, a facet of the company focusing on qualitative and quantitative decision making, which he now directs.

• MBA from Georgetown University
• BA from the University of Dayton
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society of Cleveland

As the Chief Investment Officer for Fixed Income, Michael R. Vandenbossche, CFA, focuses on investment strategy formation and portfolio management of Boyd Watterson’s Fixed Income line of business. Responsible for ensuring investments follow client guidelines, with the goal of realizing client objectives and outperforming applicable benchmarks and competitor peer groups, while managing downside risks. He oversees the daily execution and implementation of the investment process. Mike started with the company in October of 2014 as a Senior Portfolio Manager before transitioning into his current role as CIO.

Previously, Mike served as a Portfolio Manager with Ambassador Capital Management and Munder Capital Management, where he was a member of the Investment Strategy team, headed the Captive Insurance team, and managed the corporate and CMBS sectors. His resume also includes time at Victory Capital Management and First of America Bank in such roles as Portfolio Manager, Asset/Liability Manager, and Municipal Analyst.

• MBA from Western Michigan University
• BA in Finance from Central Michigan University
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

As the Deputy Chief Investment Officer within the Fixed Income division, Michael J. Krushena, CFA, along with the CIO for Fixed Income, is responsible for formulating investment strategy and process. Mike also serves as the lead portfolio manager of the LDEI Fund, the fixed income portions of the Multi-Asset Strategy, and custom, credit-focused portfolio strategies. He has primary oversight of the structured product market sector, which includes research and security specific recommendations for asset-backed securities and CLOs. Additionally, he is responsible for high-yield credit research of multiple corporate bond sectors.

Prior to joining Boyd Watterson in July of 2017, Mike served as the Deputy Chief Investment Officer for the Retirement Systems of the City of Detroit and as a Senior Portfolio Manager for both Ambassador Capital Management and Munder Capital Management. In those latter roles, he was part of the corporate credit strategy team, credit research, and responsible for all structured product activities, including ABS and CLOs.

• MBA in Finance from the University of Michigan
• BA in Economics from the University of Michigan
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

As Director of Portfolio Management and Trading, David M. Dirk, CFA, is responsible for the supervision of all portfolio management and trading activity throughout the company’s suite of Fixed Income and Equity products. Alongside the CIO for Fixed Income, he helps to formulate investment strategy focused on maximizing return and minimizing risk across the spectrum. David’s diligent approach ensures consistency in the application and subsequent evaluation of these strategies.

David has over 26 years of industry experience, having joined Duff & Phelps Investment Management Co., predecessor to Boyd Watterson, in August of 1996.

• MBA from Case Western Reserve University
• BA from Baldwin Wallace University
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society of Cleveland

As the Director of Credit Research, Brad Fush, CFA, is responsible for the development, execution, and continual improvement of the credit research process, as well as oversight of the credit analyst team. Additionally, he is the co-portfolio manager for the LDEI Fund and conducts research on a variety of Boyd Watterson’s fixed income strategies.

Before joining Boyd Watterson in September 2019, Brad was the Director of Credit Research at Incore Capital Management and Munder Capital Management where he focused on credit analysis and credit modeling for the corporate bond sector.

• MS in Accounting from Wayne State University
• MBA in Finance from Wayne State University
• BA in Economics from Albion College
• CFA Charter Holder
• Member of the CFA Society of Detroit

Greg D. Oviatt, CFA, is the Senior Portfolio Manager responsible for the management of short-term and intermediate taxable fixed income portfolios, as well as credit research in the banking, financial services, and healthcare industries. Since joining Boyd Watterson in 2019, Greg has remained dedicated to meeting and exceeding client expectations, focusing on relative performance and risk management.

Greg previously served as a Senior Portfolio Manager at Incore Capital Management and Munder Capital Management after working as a Money Market Portfolio Manager at National City Investment Management Company.

• BA in Economics from Kalamazoo College
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

Justin C. Waggoner is a Senior Portfolio Manager responsible for the intermediate and the short-term suite of taxable fixed income portfolios. He is focused on the consistent application of firm-wide investment strategies in order to realize client objectives while managing downside risks and outperforming applicable benchmarks and competitor peer groups.

Justin’s commitment to investor success spans a little more than two decades with Boyd Watterson. He began his financial career with the firm in November of 1999 when it was known as Duff & Phelps Investment Management Co.

• MBA from Case Western Reserve University
• BS from The Ohio State University

James R. Shirak contributes his expertise to the Fixed Income team by active engagement with key committees and generating specific investment ideas. Jim stays current on market trends and provides insight to the Macro and Fixed Income Investment Policy committees.

Jim began his employment with Boyd Watterson in July of 2000. His knowledge of the industry branches out, having previously served as the Founder and Principal of Sterling Asset Management, as well as the Head of Fixed Income at BP America, Inc. for its Pension Plan and Savings and Investment Plan. James further served as the Director of Fixed Income for the Investment Centre, in addition to the Head of Fixed Income for the Pension Plan of Republic Steel and Lincoln National Corp.

• MBA from Ohio University
• BA from Ohio University
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society Cleveland
• Past President of the Bond Club of Cleveland

As a Portfolio Manager within the Fixed Income division, Adam C. Thayer is responsible for managing client portfolios to ensure that assets are invested in a manner that aligns with client guidelines. His goal is to achieve client objectives and outperform relevant benchmarks and competitor peer groups, while mitigating downside risks. He executes trades for municipal and equity securities and is responsible as the sector leader for Municipals.

Adam joined the Boyd Watterson team in November of 2023 after getting his start in the financial industry back in 2020, serving as a Senior Portfolio Manager at Incore Capital Management and Munder Capital Management where he managed municipal bond portfolios.

• BA in Finance with Honors from the Eli Broad College of Business at Michigan State University
• CFA Charter Holder
• Member of the CFA Institute
• Member of the CFA Society of Detroit

Christie N. Espin, Portfolio Manager, is responsible for municipal portfolio management focused on ensuring client assets are invested in a manner consistent with client guidelines, realizing client objectives, and endeavoring to outperform benchmarks while managing risks. She is the sector lead for Municipals, responsible for leading investment discussions on fundamentals, valuations, and momentum indicators as they relate to the sector.

Christie joined Boyd Watterson in January of 2008 after serving as a Municipal Trader at First Union/Wachovia, within the Capital Management Group for a little more than 10 years.

• BA from the University of North Carolina at Chapel Hill

Joy M. Franz works within the Fixed Income line of business and is responsible for trading across all sectors, utilizing a number of different sources in order to ensure best execution. She focuses on the LDEI Mutual Fund, ETF Model, and backs up Municipals and Equities. Joy keeps current with the market and communicates spread movements to portfolio managers and other members of the Fixed Income team. She is a member of several committees within the firm, including the Pricing Committee and the Brokerage Committee.

Joy joined Duff & Phelps Investment Management Co. (Boyd Watterson’s predecessor) in May of 1993 and has continually explored ways to increase productivity, automate processes, and work toward a paperless system. Previously, Joy worked at National City Bank for seven years in various positions such as Proof Encoder, Data Entry Clerk, and Trust Operations Clerk III.

As a Portfolio Manager, Ashish K. Mishra works with the fixed income team to ensure client assets are invested in a manner consistent with client guidelines and with the goal of realizing client objectives. He is responsible for trade execution across a broad variety of fixed income securities via electronic platforms and direct negotiation in a manner that achieves the best execution level, timeliness, and accuracy. Additionally, he is responsible for providing quantitative support for the Fixed Income team that contributes to the investment decision making process.

Prior to joining Boyd Watterson in September of 2018, Ashish held a variety of roles within the biopharmaceutical industry dating back to 2007, in which he was primarily involved in product development and technology transfer. The early part of his career included time as a Research Scientist at both NovelMed Therapeutics and Intas Pharmaceuticals Limited, as well as serving as a Research Assistant for Cadila Pharmaceuticals Limited.

• MBA from the Weatherhead School of Management at Case Western Reserve University
• MSc from Jiwaji University
• BSc from VBS Purvanchal University
• Currently enrolled in CFA program
• Green Belt certified in Six Sigma & Quality Management from the Weatherhead School of Management at Case Western Reserve University

Cameron D. Vandenbossche is a fixed income Credit Analyst responsible for credit and sector research. Cameron monitors portfolio positions and assesses developments that impact the company’s existing corporate bond holdings. He also provides regular quantitative reporting to assist the portfolio management team in identifying relative value and new potential investments.

Cameron began his career at Boyd Watterson in June of 2018 as an Intern with the Real Estate and Fixed Income teams before transitioning to his full-time position in April of 2021.

• BA in Economics with a minor in Leadership of Organizations from Michigan State University
• AB from St. Clair Community College
• Certified in Bloomberg Market Concepts
• Currently enrolled in the CFA program