General Investing >> Money Manager Interviews >> July 18, 2014
Managing Risk While Striving for High Returns
Mark Vitelli, CFA, is a Senior Portfolio Manager at Compass Capital Management, Inc. Prior to joining Compass in 2011, he managed high net worth and institutional client portfolios for Wells Fargo Private Bank. From 1998 until joining Wells Fargo in 2004, he managed portfolios for a Forbes 100 family at Tonkawa, Inc., a Minneapolis-area family office. Mr. Vitelli began his career in the fixed income group at Sit Investment Associates in 1992. He completed his MBA in finance at the University of St. Thomas, holds the Chartered Financial Analyst — CFA — designation and earned his undergraduate degree in finance from the Carlson School of Management at the University of Minnesota. Profile
Jay Jackley, CIMA, joined Compass Capital Management, Inc., as a Senior Portfolio Manager in 2009, and has been in the financial investment industry for over 19 years. He began his career at Merrill Lynch where he was a vice president and attained the unique qualification of being a Certified Investment Management Analyst — CIMA — and trained as an advanced financial consultant for institutions, nonprofits and private clients. Mr. Jackley completed his B.A. in economics and philosophy from Macalester College. He is a member of the Investment Management Consultants Association, IMCA; and a member of the Chartered Financial Analyst Society of America, CFA. He currently sits on the Minneapolis College of Art and Design — MCAD — board, chair audit committee and finance committee. Profile
TWST: Please tell us a bit of the history of Compass Capital Management.
Mr. Jackley: Charlie Kelley and David Carlson founded Compass in August 1988. Both had worked for a number of