J. D. NELSON
Chairman
(Founder)

 J.D. is the founder, Chairman and majority owner of RhumbLine Advisers.  He is a former SeniorVice President and the first Director of Public Funds Services at State Street Bank in Boston where he spent 12 years providing financial services to the institutional community.  Before joining State Street,  J.D. was the Administrator and Chief Budget Officer at the Democratic National Committee in Washington, D.C.  While in Washington, he developed a keen interest in the needs and frustrations of Public Pension Funds.  This served him well when he created State Street's Public Funds Division, in the mid-eighties. J.D. strongly believes in using a team approach to create and deliver successful investment strategies and steadfastly insists on timely responsiveness to client needs.  As a result he has built a reputation in the industry of focusing on client concerns and delivering exceptional client service.  All of which has helped him assemble a team of competent professionals with almost non-existent turnover among employees.   Until the demand of growth necessitated his undivided attention, J.D. served in a Trustee or Advisory capacity to a number of organizations including the Robert A. Toigo Foundation, Oakland, CA (a Financial Services Fellowship Program) and the Human Rights Project, Washington, D.C.  In addition his board experience includes charitable organizations, public boards, bank boards and the board of a successful socially responsible mutual fund.

WAYNE T. OWEN
Chief Executive Officer
(Limited Partner)

Wayne is the firm's first Limited Partner and one of the original staff who joined RhumbLine when it set sail in October 1990.  He and J.D. became a team at State Street in late 1984 when he answered J.D.’s call to assist him in creating the Public Fund Services Division.  Wayne’s position as the Chief Executive Officer gives him the responsibility for the day-to-day operation of RhumbLine and working as a team leader with J.D.’s other direct reports. In J.D.'s absence he assumes full Executive Authority for all aspects of the workflow and obligations of RhumbLine Advisers, the Patnership.  Before moving to RhumbLine, Wayne spent 12 years at State Street Bank.  He held several supervisory and management positions within the Institutional Services Group, culminated with his promotion to Vice President and Director of Client Services for the Public Fund Division.  Wayne has a B.S. degree with a double major in Accounting and Quantitative Methods from Babson College in Wellesley, MA.  He serves as a Board member of the ARC of Greater Plymouth (a non-profit organization which provides support and services to kids and adults with special needs).

THOMAS J. CASSIDY
Director of Investment Operations

Tom joined the RhumbLine team in July 2000 as Director of Investment Operations.  He is responsible for all investment operational functions including trade communications, trade processing, settlements, portfolio reconciliation and corporate action management.  Tom maintains daily contact with brokers and custodians insuring timely and accurate trade settlement.  Prior to joining RhumbLine, Tom spent 17 years at State Street Bank where he began his financial career in 1983.  He held several supervisory positions within the Institutional Services Group reporting to Wayne Owen.  Later, he held the position of Assistant Vice President within the Global Cash Operations area.  He was instrumental in that area’s development from its inception in 1994.  Tom received his B. S. degree Cum Laude in Accounting from the University of Massachusetts, Lowell, MA.

DENISE A. D'ENTREMONT
Marketing Director
(Limited Partner)

Denise joined the RhumbLine team in May 1994 in the Client Service/Marketing area. She subsequently spent 3 years as a Portfolio Manager.  In 2001 she answered the call of the Managing Partner and became a Marketing Officer.  As a result of her outstanding client rapport and dedication to the sales process she was promoted in 2002 to the position of Director of Marketing, which includes the responsibility for Client Servicing.   Before joining RhumbLine, Denise spent three years at Keystone Funds servicing broker relationships for the mutual fund division.  She provided sales support for the Midwest and Southeast regions as well as provided premier service to Keystone's top selling brokers.  Denise is a graduate of the University of Rhode Island and is currently pursuing her M.B.A. in Finance at Bentley College in Waltham, MA.  She is also a member of the National Women in Pensions organization.

BETH A. GREENSPAN
Executive Assistant

Beth joined the RhumbLine team in February 2004 as Executive Assistant to J.D. Nelson, the C.E.O. and Founder of RhumbLine Advisers.  Beth manages a variety of general office operations as well as additional responsibilities in marketing and client services.  Beth’s career in the financial services industry began at State Street Bank & Trust Company in 1972.  During her 31-year tenure at the bank, Beth worked closely with      J. D. as an Executive and Marketing Assistant when he created the Public Funds Division.  Subsequent positions at the bank included Portfolio Accountant, Customer Service Representative, and her last position, Supervisor and Telecommunications Analyst in the Information Technology Division.  Beth graduated from The Berkeley School and attended Bentley College.  She is an active member in Rotary International (a global network of community volunteers).

JEFF D. KUSMIERZ
Assistant Portfolio Manager

Jeff joined the RhumbLine in October 2005 in a part-time capacity while earning his M.B.A. in Finance from Bentley College.  Jeff provided research for both the client reviews and new product initiatives and also assisted the Operations team in reconciling accounts and providing client and consultant reports.  After completing both his B.S. and M.B.A. in May 2007, Jeff assumed a full-time position as Assistant Portfolio Manager.  Working closely with both Norm and Julie, Jeff is instrumental in assisting with both portfolio management and trading responsibilities.  In addition, Jeff continues to work on general research-related projects.

JULIE C. LIND
Porfolio Manager

Julie joined the RhumbLine team in July 2000.  Initially she was responsible for many operational functions including trade processing, reconciliation and corporate action management.  In July 2001 Julie was promoted from an account analyst to a portfolio manager.  She works with Norman Meltz on managing and trading all our index products.  Julie maintains daily contact with brokers and custodians insuring timely trade settlement.  In addition, she works closely with Denise D’Entremont in reporting to clients and consultants.  Prior to joining RhumbLine, Julie was a Senior Account Administrator at Investors Bank & Trust, where she worked in institutional custody, specializing in PERAC and municipal retirement clients.   Julie received her B.S. in Accounting, Magma Cum Laude from Newbury College, Brookline, MA, and is currently a CFA candidate.

SARAH E. LYONS
Marketing Representative

Sarah recently joined the RhumbLine team in December 2005.  She is responsible for the preparation of all client reports, consultant questionnaires and coordination of all RFP's.  Working closely with Wayne and Denise, she communicates with pension consultants on a regular basis.  Prior to joining RhumbLine, Sarah worked in the field of Education.  She holds a Bachelors of Science degree from the University of Rhode Island.   

CONNIE MICHAUD
Director of Information Technology

Connie joined the RhumbLine team in April 2002.  She is responsible for the Network Operations at RhumbLine.  Her duties also consist of daily network performance and maintenance.  She works closely with J.D. analyzing and implementing the new and merging technology of the financial industry.  Prior to RhumbLine Connie was employed at Boston Properties where she managed a wide area network with more than 500 users.  Connie received her certification in Network Administration from Boston University.  She is currently pursuing a Microsoft MCSE certification

KIM ROGER McCANT
Chief Financial Officer/Director of Compliance
(Limited Partner)

Kim is a limited partner in the firm and one of the original individuals who joined RhumbLine at its inception in October, 1990.   In addition to addressing the financial, human resources and benefit management functions of the firm, he is also responsible for daily trade compliance issues, insuring that governmental agency and industry forms and documentation are updated on a timely basis, reviewing preliminary performance of accounts, as well as various other compliance issues.  Prior to RhumbLine, Kim worked as Comptroller, Assistant Treasurer for the Public Funds Division at State Street Bank and Trust Company.  He has also held supervisory positions in both the Agency Financial Operations and Group Pension Accounting areas while at New England Life in Boston.  He was actively involved in the development of financial projections for their nationwide agency network, participation in systems conversions and reconcilement of projects, and implementation of accounting procedures for new products.  Kim holds a B.S. degree, Cum Laude in Finance, and an M.B.A. in Finance from Suffolk University, Boston.

NORMAN MELTZ
Director of Investments

Norm comes to RhumbLine, in August 2005, with a wealth of experience from a diverse background born of more than 20 years in quantitative investment management.  Previous job responsibilities included managing computer systems, developing trading systems software and creating and customizing both active and passive quantitative investment products.   During his six years at State Street and State Street Global Advisors (SSGA) he headed the group managing structured domestic equity products, in the billions of dollars, and played a key role in the creation of the first international equity index fund.  Norm successfully developed a variety of valuation models and the method for combining the models.  As Co-founder and Managing Director of Boston International Advisors (which, 10 years later was sold to an investment subsidiary of John Hancock Insurance) he served as a Member of the Management and Investment Committees.   In the words of J. D. Nelson, RhumbLine’s founder and C.E.O.: “Norm Meltz and his love for customizing products to better suit client needs and his deep regard for client satisfaction, and our future plans, makes him a perfect fit for our company”!   Norm holds a B.A. in Mathematics, from Tufts University and is a member of the CFA Institute and the Boston Security Analysts Society.

JOHN PILGRIM
Portfolio Analyst

John joined the RhumbLine team in July 2005.  He is responsible for many investment operational functions including trade communications, trade processing, settlements, portfolio reconciliation and corporate action management.  John maintains daily contact with brokers and custodians insuring timely and accurate trade settlement.  Prior to joining RhumbLine, John spent 7 years at State Street Bank where he began his financial career in 1998.  He held the position of Client Service Officer within the Specialized Trust Services area, specializing in PERAC and municipal retirement clients.  

BRENDA H. SCHOFIELD
Administrator
(Limited Partner)

Brenda, one of the original members of the firm, joined the RhumbLine Team in December 1990.  She serves as Administrator.  In that capacity she oversees many of the internal needs acting in the role of Personnel Officer, Supply Officer, Disbursement Officer, Vendor Contact, etc.   She also assists Kim McCant, the C.F.O.  preparing monthly and quarterly financial reports and with various financial functions of the firm.  Brenda received her B. S. degree in Public Policy and Administration from Suffolk University, Boston.

 

JENNIFER L. SMITH
Investment Accountant 

Jennifer started with RhumbLine in July, 2005 as an Intern supporting the Investment Operation and Marketing group.  Jennifer has a strong educational background in the areas of Finance and Accounting.  Her interest, attention to detail and responsiveness with the organization made a natural fit - and a full-time employee - as an Investment Accountant on the RhumbLine Team upon her graduation from Bridgewater State College in May 2007.  In addition to her operations responsibilities, Jennifer continues to add support in the marketing and client service area by assisting consultant requests and client reports.