James Murray, CFA, is an owner and Portfolio Manager at Phocas Financial Corporation. He co-manages the firm’s REIT and Equity Income portfolios. Earlier, he was the Trader and Senior REIT Analyst for Bay Isle Financial Institutional REIT portfolios and mutual fund. Prior to that, he spent four years at Charles Schwab, where he supervised that firm’s Tax and Dividend Departments. Mr. Murray received a B.A. degree in economics from Kenyon College.