Brad has serviced the community banking sector for over 15 years. Brad is currently employed as a portfolio manager, a position that he has held for the past 3 years. Previously, he worked as a sell-side research analyst for greater than 10 years and as an investment banker for 4 years. Brad was recognized by The Wall Street Journal as the “Best (bank analyst) on the Street” based on his ability to identify stocks that showed strong price appreciation. Additionally, Brad ranked among the top three analysts in the banking industry according to Forbes.com/StarMine with regards to his earnings accuracy.
Brad founded Choral Capital Management, LLC (CCM), a registered investment advisor in March 2007, and serves as the company’s chief executive officer and managing member. CCM is the investment manager to Choral Financial Fund, LP, a hedge fund that focuses on equity investments in the financial services sector, where Brad serves as the portfolio manager.
Prior to forming CCM, Brad was employed by Friedman, Billings, Ramsey, & Co., Inc. (FBR), a registered broker-dealer located in Arlington, Virginia, from 2003 to 2006. Brad served as a Senior Vice President and senior sell-side equity research analyst covering micro-, small-, and mid-cap bank and thrift stocks.
Prior to joining FBR, Brad worked in various capacities for a boutique brokerage firm, Chicago-based Howe Barnes Investments, Inc. (HBI) from 1993 to 2003. Brad worked as a sell-side equity research analyst covering bank and thrift stocks from 1997 to 2003. Brad also worked as an analyst/associate in HBI’s investment banking department from 1994 to 1997, specializing in small- to medium-sized banking institutions. Brad participated in all aspects of the capital raising and advisory process, including client presentations, fairness opinions, company valuations, SEC filings, and deal pricing.
Brad received his B.S. in Business Administration with a concentration in Finance from Indiana University in Bloomington in 1992 and obtained the Chartered Financial Analyst (CFA) designation in 1996.