Robert J. Herman, Co-Portfolio Manager
Rob Herman is Co-Portfolio Manager of Logix and sits on the Executive Committee of parent company Gries Financial. Rob began his investment career as a lead equity analyst for Goldman Sachs Global Investment Research. Rob also previously worked as an engagement leader for strategy consultancy Monitor Company and early in his career as a Congressional Communications Director. He has a B.A. from the University of Michigan and an M.B.A. in Finance and Health Services Management from the Kellogg Graduate School of Management at Northwestern University. Rob sits on several non-profit boards, advisory boards and investment committees, including the Cincinnati Children’s Hospital Medical Center Foundation, the Transition and Access Program (TAP) – University of Cincinnati, the FAMILY Fund at Hamilton County Job & Family Services, and the Cedar Village and Maltz Museum Investment Committees.
Jeff Palmer is Co-Portfolio Manager of Logix and sits on the Executive Committee of parent company Gries Financial. Jeff was a successful entrepreneur before joining Gries Financial in 1989, and served as an equity analyst and portfolio manager at the firm for several years. In addition, he is the Chief Compliance Officer for Logix. Jeff leverages his technology expertise to ensure that the research and data tools used in conjunction with the Logix model are optimal. Jeff has completed the CIPM Principles exam in Global Investment Performance Measurements and has a degree in computer science. Jeff is actively involved in local educational and community nonprofit boards.
Steve Zimmerman, Research Director
Steve Zimmerman is Research Director of Logix. Steve is a seasoned equity analyst, experienced in traditional fundamental analysis as well as quantitative research. He was formerly a research analyst at Touchstone Mutual Funds and later served as Director of Research at Robert Leshner & Associates. He also previously held the role of Managing Director at Quanta Research. Most recently, Steve was Quantitative Sales Director at Zacks Investment Research. He has a B.A. from Miami University and an M.B.A. from the University of Cincinnati.
Shannon Gallagher, Operations
Shannon Gallagher has served as operations manager of the Logix strategy since early 2009 and has been part of parent company Gries Financial since 1998, working in increasing levels of responsibility. Shannon has been a member of the Ohio Security Traders Association since 2010 and was elected as the Secretary of the Board of Directors for 2014-15. Shannon is actively engaged in the Cleveland community and served as Co-Chair for the Providence House Young Professionals Group from 2014-2017. She was also the Membership Director for the Western Reserve Historical Society Young Professionals Group from 2014-2016.
Ken Brodkowitz , Investment Committee
Ken Brodkowitz is an experienced investment professional and joined Logix in 2016. Earlier in his career, working for Goldman Sachs, Ken worked in institutional sales and later served as co-head of Proprietary Trading. Subsequently, he was a long/short equity portfolio manager for Galleon Group followed by Balyasny Asset Management. Prior to joining Gries Financial, he was co-founder and Managing Partner of Newland Capital Management, a $1.3B long/short and event driven hedge fund. Ken received his B.A. from Johns Hopkins University, where he was a member of the baseball team, and his M.B.A. from the Kellogg Graduate School of Management at Northwestern University. He is currently an adjunct Professor of Finance at the University of Maryland and on the board of crowdjoy, a location proximity internet company; he was previously on the board of So What Else, an organization helping lower income children and families.
• Industry Buy/Sell discipline based on proprietary valuation model
• Dividend yield valuation: Objective measure of value through money paid to shareholders
• Performance through realized capital appreciation and dividend cash flow; historically low beta
Logix began managing money for clients in March, 2002 and since inception has employed a single, focused investment discipline.
Logix is a unique dividend strategy that uses yield as an effective, objective valuation metric in making buy, sell, and hold decisions over an industry market cycle.
Logix is available to investors on a separately managed account platform or as a mutual fund utilizing the identical strategy.