ADA ADVISORS - Key Persons
Daryl Piontek is 62 years old and is an owner of a non-voting interest in Ada Advisors. Daryl provides administrative advice to Ada Advisors. Daryl has 29 years of professional experience in engineering, middle management and in senior management positions in operations, engineering and general strategic business unit site management. He worked for several Fortune 100 companies in aerospace, industrial and energy related products. Daryl attained the position of General Manager heading up all business functions at a major strategic business unit of a major Fortune 100 company as well as serving on the Corporate Strategic Planning and Technology Councils for 7 years. Daryl is an active participant in American Water Works Association (AWWA) activities. He currently is chairman of a major water works national standards team for the American Waterworks Associations (AWWA) Steel Pipe Manufacturer's Technical Advisory Committee. Daryl is one of the owners and co-founders, with Mark Langenhan, of the firm Total Piping Solutions Inc. (incorporated in 2001). As President Operations, he built the business infrastructure from the ground up including financing, business systems, personnel management, quality system, safety program, warehouse, operations, engineering, and manufacturing operations in Olean, New York. Daryl works closely with international partners to develop and market products for water system pipe joining, repair and hot tapping. He is the administrator of the Total Piping Solutions, Inc. employee 401K profit sharing and retirement plans. Daryl has a Bachelors degree in Industrial Engineering from The State University of New York at Buffalo (cum laude) and an MBA from St. Bonaventure University Graduate School of Business, where he graduated in the top 2% of his class, with an emphasis in finance and accounting.
Job Titles:
- Portfolio Manager
- Principal
Laura Fichter is a Principal and the Portfolio Manager at Ada Advisors. Laura is responsible for investment strategy and security selection. Laura has three decades of professional experience in engineering, project management and financial services. She worked in research and development for several Fortune 500 companies, developing office products and electronic instrumentation for power measurement, monitoring and recording products. Since receiving an MBA in 1999 from the William E. Simon Graduate School of Business Administration at the University of Rochester, she has worked in the Financial Services Industry. Laura held several research positions for Manning & Napier Advisors in risk management and for both Clover Capital Management and Federated Clover Investment Advisors (a subsidiary of Federated Investors) where she was responsible for the development of proprietary stock alpha sector models and portfolio risk assessment and optimization. In addition to an MBA, Laura holds a Bachelor's degree in Electrical Engineering from Rochester Institute of Technology where she became a member of the engineering honors society Tau Beta Phi and the electrical engineering honors society Eta Kappa Nu. Laura is a member of the Rochester Angel Network, an affiliate member of the CFA Institute, a member of the CFA Society of Rochester Board and a member of the Daughters of the American Revolution.
Laura is an Investment Adviser Representative of Ada Advisors LLC, a New York State Registered Investment Adviser.*
Mark Langenhan is 66 years old and is an owner of a non-voting interest in Ada Advisors. Mark provides administrative advice to Ada Advisors. Mark has 30 years of professional experience in sales and marketing. He worked for several Fortune 100 companies in industrial and energy related products providing executive sales and marketing leadership as National Sales Manager and Vice President of Sales. Mark is one of the owners and co-founders, with Daryl Piontek, of the firm Total Piping Solutions Inc. (incorporated in 2001).
As President of Sales for Total Piping Solutions Inc. he is responsible for managing a field sales network of over 70 representatives covering the 50 United States and Canada. He currently manages an aggressive sales plan that has allowed for average annual growth rates of over 25% per year for the past 8 years. His experience with TPS has enabled Mark to expand his experience in the fields of advertising, trade show management and the development of various state of the art selling tools including an interactive website, video training, sales literature and various product training aids. Mark is currently involved in various international trading efforts and co-serves as a liaison between his company and several prominent trading partners around the world.
Mark enjoys serving as the Secretary of the Executive Board of Managers at the Greater Olean/Bradford YMCA. He holds a Bachelor of Science Degree in Geology from Allegheny College and has completed advance course work in Marketing and Finance at St. Bonaventure University.