LAFFER TENGLER INVESTMENTS - Key Persons
Job Titles:
- President
- Investments President
- Strategy Leader for the Dynamic U.S. Inflation
LafferTengler Investments President Arthur Laffer Jr. sits in on Mornings with Maria on Fox Business to discuss what investors can expect from the Federal Reserve's December meeting minutes. Guests Keith Fitz-Gerald and Chris Markowski join in the debate.
Arthur has more than 30 years of investment experience, most recently as President and Lead Portfolio Manager of Laffer Investments, which he founded with his father, Dr. Arthur B. Laffer Sr. He has experience in various areas of the industry, including marketing, product development, sales, information technology, and macro-economic analysis.
Prior to starting Laffer Investments, Arthur worked at Nicholas-Applegate Capital Management, where he was responsible for product management, marketing, and key account service for more than $10 billion in separate account business. Prior to that, Arthur worked at Putnam Investments in several key management capacities, and Bradford and Marzec, where he was involved in fixed income trading, research, marketing, and information technology. He currently sits on the board of directors of Preverity, a privately held company providing medical malpractice risk analysis to insurers.
Arthur is a strategy leader for the Dynamic U.S. Inflation, Fixed Income, and Global Equity portfolios.
Job Titles:
- Senior Relationship Manager, Wealth Management
Cathy has over 30 years of experience in the Investment industry working with both Institutional Clients and High Net Worth Individuals and Families. She began her career in Toronto with RBC Capital Markets as an Institutional Sales Trader working with Pension Funds, Mutual Funds & Hedge Funds.
She was later transferred to New York to manage the Canadian Trading desk working with US Institutional clients. She also worked as the Head Trader for a US Hedge fund, managing all trading and broker relationships.
Moving to Arizona in 2013 she transitioned to working with High Net Worth clients as a Financial Advisor with a Broker Dealer and Bank.
Enter Kenneth Rogoff, author of "This Time is Different", and a scholar of financial crises and debt bubbles. Rogoff believes the way forward for China to be very clouded by Evergrande's failure (as well as a long list of other economic errors that have taken place there under the CCP's leadership.) China is already in the midst of a slowdown and is extremely dependent on the housing sector to drive growth (why real estate has often been the target for prior stimulus efforts.) Currently, real estate-related enterprises drive nearly 29% of Chinese GDP as estimated vs the US at 15% (at the 2007 peak!.) Per-capita housing investments are roughly equal to those in most EU nations, while per capita income is only a quarter. True, Chinese leaders have been aiming to halve their reliance on real estate for some time, but gradually. However, finding themselves in the midst of the current slowdown and the problems with the sector, pricing pressure is likely to only amplify the slowdown, possibly reaching other parts of the economy such as construction work, and resource extraction. If perhaps GDP growth (not accounting for the property sector slowdown) declines in the next year from 6% to 4%, adding in the real estate woes may take it down to 2-3% which could prove to be devastating. Moreover, this could have a material impact on commodity exporters such as Australia as well as the EMEA region which could produce reductions in aggregate demand globally, a giant butterfly effect with unforeseen potential to drive even more market volatility.
Job Titles:
- Head of Advisor Solutions & Private Asset Management
Job Titles:
- Securities Analyst
- Securities Analyst / Sales Team
Jamie is a Securities Analyst at Laffer Tengler Investments. He joined the firm in April 2023 and has been in the Financial Services arena for over a decade, having held Analyst, Trader, and VP titles at various firms. His most recent role focused on security selection and portfolio construction for momentum-based equity and options strategies. He currently covers domestic equities for the firm and is a CFA Charterholder.
Job Titles:
- Investment Operations Associate
Job Titles:
- Head Trader & Portfolio Manager
Mike began working with Laffer Associates, Laffer Investments and now Laffer Tengler Investments since 1995. Over his career with the firm, Mike has held roles as Research Analyst, Trader, Head of Trading and Fixed Income Portfolio Manager. Mike and Arthur Laffer Jr. launched and currently manage the Laffer Tengler Fixed-Income ETF strategy. Mike is a 7-time Ironman Triathlon Finisher, including Ironman Wisconsin, Ironman Canada, Ironman Florida, Ironman Chattanooga and Ironman USA and he enjoys riding his motorbike.
Nancy Tengler - CEO, Chief Investment Officer
Job Titles:
- CEO
- Chief Investment Officer
- Named Chief Executive Officer and Will Continue As Chief Investment Officer Equity Income Strategy Receives 5 - Star Overall Morningstar Rating
- Strategy Leader for the Concentrated Equity
Nancy Tengler is the Chief Investment Officer for Laffer Tengler Investments. As a senior member of the investment team, she also holds a leadership role on the Laffer Tengler Investments Investment Committee. In these roles, Nancy is responsible for active equity management research and portfolio management as well as leading the firm's wealth management services.
Nancy is a committed advocate of financial literacy for females as the leader of Laffer Tengler's Women & Wealth initiative, which encourages women to take charge of their own financial and investment planning. She has also authored a book, "The Women's Guide to Successful Investing" and is a regular columnist for USA Today.
Prior to joining Laffer Tengler, Nancy had a distinguished investment management career in several senior leadership roles. Most recently, she served as Chief Investment Officer at Heartland Financial where she was also a Director of Arizona Bank & Trust. Nancy has also served as President, Chief Executive Officer and Chief Investment Officer of Fremont Investment Advisors in San Francisco. Prior to that, she was President and Chief Investment Officer of Global Alliance Value Investors where she was the Senior Member of the Value Tech and Value 30 investment strategies. She also worked for UBS Asset Management as Head of the Value Equities Group and with Spare, Tengler, Kaplan and Bischel, Ltd. as President and Senior Portfolio Manager.
Nancy is a strategy leader for the Concentrated Equity, Dividend Growth, Equity Growth and Equity Income portfolios. She also serves as a strategy team member for the Global Equity portfolio.
Nancy Tengler, Chief Investment Officer at Laffer Tengler Investments talks about finding growth stocks at reasonable prices given current market conditions.
Job Titles:
- Chief Operating Officer / Managing Director, Institutional Asset Management
- COO, Institutional Asset Management
Sheila Asher brings over 30 years of experience in the asset management and asset servicing business.
Sheila has broad experience partnering with both Corporate and Government institutional clients to understand long term strategic goals, manage short-term tactical priorities, and deliver solutions to support intricate portfolio structures and reporting requirements. Sheila's vast experience working with complex, global institutional clients includes oversight over multiple products/services, including asset management, global asset servicing, cash management, securities lending, performance measurement, and compliance monitoring. She has significant ERISA and fiduciary experience.
Prior to joining Laffer Tengler, Sheila spent more than 22 years with JPMorgan, most recently serving as Vice President - Senior Relationship Manager for the Corporate & Investment Bank, managing a global institutional book of business.
Before joining JPMorgan, Sheila spent ten years in the investment management business with UBS Asset Management's Value Equities Division and Spare, Tengler, Kaplan & Bischel, where she developed a deep understanding of portfolio strategies and served as the relationship manager for key clients.
Sheila has a Bachelor of Science in Commerce in Finance from the University of Santa Clara.
Job Titles:
- Director of Advisor Solutions
- Director of Advisor Solutons
Taylor is Director of Advisor Solutions at Laffer Tengler Investments and has over 12 years of experience in the Financial Services Industry. He works with platforms in asset management to educate advisors and clients on the products and services the team offers. He has worked in this capacity in previous roles educating Independent Broker Dealers, high net worth individuals, pensions, endowments, foundations, wirehouses, and RIAs. His most recent role was with Northern Trust educating financial advisors on the company's ETFs, Mutual Funds, and Separately Managed Accounts.
Taylor has a Bachelor's degree in Business Administration from the University of Nebraska in Lincoln and a Master's of Business Administration degree from the W.P Carey School of Business at Arizona State University.