About the Advisor

The GMG Defensive Beta Fund is managed by Montebello Partners, LLC, whose members have over 115 years of combined investment management experience among them. The team is led by William Krivicich, CFA, the firm's Chief Investment Officer.

Montebello Partners, LLC was formed in 2008 with the goal of addressing some of the fundamental investment shortcomings the portfolio managers of the fund believe existed at the end of the decade and will permeate beyond 2010. As money managers, we view the current investment environment as particularly challenging for investors who are seeking capital appreciation that should outperform inflation, without exposing themselves to the volatility historically experienced by individual asset classes such as commodities or stocks.

Learn more about our Investment Strategy and Process >

William J. Krivicich, CFA
Managing Partner, Chief Investment Officer

In a career spanning over 15 years, Mr. Krivicich has become one of the most respected and recognized portfolio managers and Chief Investment Officers among his peers. Mr. Krivicich is a managing partner and the Chief Investment Officer at Montebello Partners, where he is also the lead portfolio manager of the GMG Defensive Beta Fund. Separately, Mr. Krivicich serves as Chief Investment Officer of Gary Goldberg Financial Services, heading the firm’s Strategic Investment Committee and serving on the firm’s Executive Committee. Under his guidance, GGFS has been recognized as one of the premier boutique money management firms in the nation. As Chief Investment Officer and head of the firms Strategic Investment Committee, Mr. Krivicich leads the portfolio management team and the firms research team in developing portfolios based on the Strategic Investment Committees overall macro-economic views. Moreover, as CIO, he is responsible for overseeing the firms security selection process as well as its related due diligence process. Additionally, he is a founding member of Legacy Benefit Assurance Agency, LLC, a highly specialized insurance agency.

 Mr. Krivicich earned his Bachelor’s of Science Degree in Finance from the State University of New York at New Paltz.  In addition, he has earned the right to use the Chartered Financial Analyst designation, one of the most distinguished and highly regarded accreditations in the financial services industry.


Oliver Pursche
Managing Partner

Oliver Pursche is the CEO of Bruderman Brothers, LLC and Bruderman Asset Management, a registered Investment Advisor overseeing more than $1 billion in client assets. Bruderman Brothers is a New York-based, privately owned broker-dealer, whose business segments consist of advisory, investment management, investment banking, merchant banking, and consulting services. Mr. Pursche is a tri-lingual financial services executive with over 20 years of industry experience.

Before becoming Chief Executive of Bruderman Brothers and prior to his tenure as the President of companies’ subsidiary GGFS, Mr. Pursche worked for venerable firms such as Neuberger Berman and PaineWebber. He is a member of the Harvard Business Review Advisory Council and a monthly participant in the New York Federal Reserve Business Leader’s Survey. He combines his practical experience with a strong academic background holding an undergraduate degree from Bentley University and having taken graduate level courses at the University of Pennsylvania’s Wharton School of Business.

As a frequent contributor to CNBC and Fox Business and a regular columnist for Forbes and The Wall Street Journal MarketWatch, he is a recognized authorityon global affairs and investment policy. Mr. Pursche works with entrepreneurs through his role on the Cherie Blair Foundation for Women Entrepreneurs and his participation in the EY World Entrepreneur Forum. Additionally, Mr. Pursche is the author of "Immigrants: Unleashing the Economic Force at our Door" and lives in CT with his wife and 2 dogs. Follow Oliver on twitter @opursche

 


Richard T. Kersting
Managing Partner

Having spent nearly 23 years working with individual and institutional clients, Mr. Kersting has developed an acumen for helping clients understand their needs and developing investment solutions on their behalf. Mr. Kersting is a founding member and Managing Partner of Montebello Partners, LLC and is a co-portfolio manager of the GMG Defensive Beta Fund. Additionally, he is the General Partner and co-founder of Legacy Benefit Assurance Agency, LLC, a highly specialized insurance agency. Separately, Mr. Kersting is the Senior Vice President of Gary Goldberg Financial Services and is a key member of the firms Executive Committee and Strategic Investment Committee. Due to his extensive experience in the financial services industry, Mr. Kersting also heads up the firms mentorship program where he is in charge of developing “young talent”. 

 Prior to joining Gary Goldberg Financial Services in 2005, Mr. Kersting was a branch manager for several NYSE Member firms. Mr. Kersting earned his Bachelor’s Degree in Finance and Economics from the State University of New York at Albany. He lives in Orange County, New York with his wife and 3 sons, where he is a very active member of his community and serves on the boards of local non profit organizations.

 


Gary M. Goldberg
Managing Partner

Mr. Goldberg is a founding member of Montebello Partners, LLC, and a co-portfolio manager of the GMG Defensive Beta Fund. He is the founder and chief executive officer, and chairman of the board of Gary Goldberg Financial Services.

In addition to serving as GGFS' CEO, Mr. Goldberg is also the host of one of America's longest running daily financial talk shows – Money Matters with Gary Goldberg. As host of the program, Mr. Goldberg interviews some of today's most influential political and business leaders. This gives him, and his firm, a unique advantage to gain first hand insight into his guests' thoughts and feelings about current market and socio-economic conditions.

Mr. Goldberg earned his Bachelor's Degree from Bard College and attended Brooklyn Law School.

 


1671-NLD-11/12/2010