Jeffrey P. Muhlenkamp Portfolio Manager – Investment Team
Educational Background: Mr. Muhlenkamp received a Bachelor of Science in Electrical Engineering from the United States Military Academy in 1988, and a Master of Arts in Organizational Leadership from Chapman University in 1999. He holds a Chartered Financial Analyst (CFA) designation.
Business Experience: Jeff joined Muhlenkamp and Company as an Investment Analyst in 2008 and had served as Co-Manager with Ron since November 2013. As of February 2019, Jeff is the lead Portfolio Manager at Muhlenkamp & Company, Inc.
Jeff served in the United States Army for 20 years, retiring in 2008 at the rank of Lieutenant Colonel. Notable duty assignments included command of a Tank Company at Fort Stewart, GA, Executive Officer of a Corps Support Group in Bamberg, Germany, and Division Chief of the Computer Support Activity for the Army Operations Center at the Pentagon, Washington D.C. He is a graduate of the Air Assault, Airborne, and Ranger Schools, and the Command and General Staff College.
Jeff is one of the original investors in the Company’s self-named mutual fund; most of his assets remain invested in the fund.
Ronald H. Muhlenkamp, Founder, Chairman of the Board, and Internal Economist
Educational Experience: Mr. Muhlenkamp received a Bachelor of Science in Mechanical Engineering from M.I.T. in 1966, and a Master in Business Administration from the Harvard Business School in 1968. He has also earned a Chartered Financial Analyst (CFA) designation.
Business Experience: Ron is the founder of Muhlenkamp & Company, Inc., established in 1977 to manage private accounts for individuals and institutions. In 1988, Muhlenkamp & Company launched a no-load mutual fund as an investment vehicle for all investors, large or small. Im February 2019, Ron handed over the day-to-day stock picking and portfolio management duties to Jeff Muhlenkamp. Ron remains the majority shareholder of Muhlenkamp and Company and serves as the firm’s Chairman of the Board and Internal Economist. You can still find him in the office studying and researching, but he has passed the operational and investment responsibilities to his sons, Tony and Jeff.
Ron has been a frequent guest of the media, and featured speaker at investment shows nationwide. His entire business career has been devoted to the professional management of investment portfolios. His work since 1968 has been focused on extensive studies of investment management philosophies, both fundamental and technical. As a result of this research, he developed a proprietary method of evaluating both equity and fixed income securities, which continues to be employed by Muhlenkamp & Company. In addition to contributing to Muhlenkamp & Company’s quarterly newsletter, Muhlenkamp Memorandum, Mr. Muhlenkamp is the author of Ron’s Road to Wealth: Insights for the Curious Investor.
Most of Ron’s investment assets are managed by the Company.
Anthony W. Muhlenkamp President & Chief Compliance Officer – Client Service Team
Educational Background: Mr. Muhlenkamp received a Bachelor of Science in Industrial Management, Mathematics and Economics from Carnegie Mellon University (CMU) in 1990. He graduated from the Korean Basic Course at the Defense Language Institute in 1986 and was the Honor Graduate of the USMC Non Commissioned Officer School at MCAS Kaneohe Bay, HI in 1987. He maintains Series 6, 63, 26, and 65 securities registrations.
Business Experience: Tony earned the rank of Sergeant in the Marines before taking his honorable discharge in 1989 and graduating from CMU as described above.
Tony worked as a software consultant for Information Resources Inc. from 1990-1992, providing a working interface between software programmers and software end users.
Tony joined the family business in 1992. He works with clients to identify, avoid, and resolve their money problems; and has written and spoken about the lessons he has learned. Tony serves clients as a counselor, adviser, planner, and manager on a wide variety of financial and investment questions.
President of the firm since November 2013, Tony is responsible for setting the strategic course for the family business and continuing our mission of putting money to work for our clients. Tony has also served as the Chief Compliance Officer since November 2013; prior to that he was the Vice President of Client Service.
Adrienne G. Caracciolo Operations Manager – Administrative & Marketing Team
Educational Background: Ms. Caracciolo received a Bachelor of Science in Finance from Clarion University in 2000. She maintains Series 6 and 63 securities registrations.
Business Experience: Adrienne joined Muhlenkamp & Company in August 2000. Her responsibilities include: managing all Company-related accounting functions (payables, receivables, and taxes); compliance-related reporting (securities trading oversight and error resolution); and performance reporting (managed account quarterly reports and Composite record maintenance).
Adrienne serves as a liaison between Muhlenkamp & Company and the broker/adviser community, as well as the Company’s self-named mutual fund and its custodian bank.
Adrienne gained financial services experience while working in the trust department of Mellon Financial where she specialized in account reconciliation.
Deb Guerra Client Service Representative – Client Service Team
Educational Background: Ms. Guerra received a Bachelor of Science in Business from Warren National University. She successfully completed Leadership Influence and Management Classes at Babson College. She has also completed the Securities Industry Essentials (SIE) exam and maintains Series 6 and 63 securities registrations.
Business Experience: Deb joined Muhlenkamp & Company in October 2019 to assist shareholders and privately managed account owners with their financial needs.
Deb gained financial services experience through many years in the banking industry, most recently in BNY Mellon’s Wealth Management Sector as the Group Manager of the Private Banking Concierge Group.
Michelle B. Orphall Marketing Manager – Administrative & Marketing Team
Educational Background: Ms. Orphall received a Bachelor of Arts in Marketing from the University of Dayton in 1993. She maintains Series 6 and 63 securities registrations.
Business Experience: Michelle joined Muhlenkamp & Company in October 1997. Her responsibilities include: publishing print and web material; implementation of the company webcasts; creation and maintenance of forms and applications; and website design and maintenance.
Michelle gained experience in the financial services industry while working at Chase Mellon Shareholder Services in Pittsburgh, Pennsylvania. She worked as a Customer Service Representative and a Dividend Reinvestment Product Associate.
Employees have earned certifications and credentials that are required to be explained in further detail.
Chartered Financial Analyst (CFA) Designation
In order to achieve the CFA designation, candidates must have four years of investment work experience, pass three CFA exams, and abide by a strict code of ethics and standards of conduct.