Colin E. Symons, CFA
Chief Investment Officer and Portfolio Manager
Mr. Symons, who holds the Chartered Financial Analyst designation, is Chief Investment Officer and Portfolio Manager of the Symons Capital Management Value, Strategic Wealth and Small Cap Value strategies. In conjunction with his portfolio management responsibilities, he oversees and is principally responsible for the company’s independent equity research. Mr. Symons joined Symons Capital Management in July 1997 after working as a software developer in Washington and New York, concentrating on financial services applications for entities such as Chase Manhattan Bank and the Internal Revenue Service. While he was a software developer, Mr. Symons earned the prestigious designation of Microsoft Certified Solution Developer. Mr. Symons earned his BA at Williams College in three years, at age 20.
Richard F. Foran, MPH
Vice President, Research
Mr. Foran joined Symons Capital Management as Vice President, Research in May 2004, after a 16-year career in analytical biochemistry and clinical research at The Johns Hopkins University and the University of Pittsburgh. Mr. Foran also served as Coordinator of Clinical Studies at the Health Studies Research Center in the Department of Epidemiology, University of Pittsburgh, with responsibilities for the administration and management of clinic staff and operations for all research studies conducted in the Center. Mr. Foran holds a Bachelor of Science in Biology from St. Francis (PA) University and a Master of Public Health in Epidemiology from the University of Pittsburgh. Mr. Foran works daily with the Chief Investment Officer on the firm’s equity research.
Joshua I. Armstrong, CFA
Vice President, Research
Mr. Armstrong, who holds the Chartered Financial Analyst designation, joined Symons Capital in November 2011 as Vice President, Research. Prior to joining Symons Capital, Mr. Armstrong held a series of positions of increasing responsibility within the institutional investment industry. He served as Consulting Analyst at Yanni Partners, a Division of GBS Investment Consulting, and as Operations Manager at the Bank of New York Mellon. Additionally, he worked as a Systems Analyst at the University of Pittsburgh. Mr. Armstrong earned his BS degree in Business and Computer Systems from Grove City College. He subsequently earned an MS in Information Systems and an MBA (with a finance concentration) from the University of Pittsburgh. Mr. Armstrong is a trustee of the Scaife Family Foundation.
Edward L. Symons, Jr., J. D.
Chairman and Chief Executive Officer
Mr. Symons is Chairman and Chief Executive Officer of Symons Capital Management. He began his investment career in January 1980 as a founder of the company, and has a record of more than 30 years of successful, independent investment management. Before devoting his full professional attention to Symons Capital Management in 1997, Mr. Symons was a tenured Professor of Law at the University of Pittsburgh School of Law. Mr. Symons co-authored the principal text then used at American law schools regarding banking law, as well as the only text used for teaching the regulation of financial institutions (covering banks, insurance companies and securities firms, including mutual funds). Before joining the law faculty, Mr. Symons served as an Assistant Attorney General for the Commonwealth of Pennsylvania, assigned as Chief Counsel for the Pennsylvania Department of Banking. Mr. Symons earned an undergraduate degree from Cornell University and his law degree (summa cum laude) from the University of Pittsburgh School of Law. Mr. Symons was a director of St. Clair Hospital from 1995 through 2013 and was Chairman of the Hospital’s Foundation from 1996 through 2006.
Louis J. Iovannone Jr., CIMA®
Mr. Iovannone joined Symons Capital Management in April 2013 as President. Mr. Iovannone began his career in the financial services industry in the mid-1990s. He is primarily responsible for Symons Capital’s business development in the defined contribution and defined benefit retirement plan marketplace, and oversees the Marlton, NJ office. Mr. Iovannone most recently held the position of Senior Vice President of Manchester Advisors, the Investment Advisory division of a large national retirement plan administration firm. His responsibilities included business development, product development and oversight of the day to day operations of the firm. Prior to becoming SVP, Mr. Iovannone held the positions of Vice President and Chief Investment Officer of Manchester Advisors. Mr. Iovannone also served on the national investment committee for Alliance Benefit Group, a consortium of the top independent retirement plan firms. Earlier in his career, Mr. Iovannone served in various supervisory roles as a registered investment advisory representative. Mr. Iovannone graduated cum laude from the Wharton School of the University of Pennsylvania, earned his Certified Investment Management Analyst (CIMA) designation at the Wharton School, and is a member of the Investment Management Consultants Association.
Vicki Lynn Ellis
Chief Compliance Officer
Ms. Ellis joined Symons Capital Management in August 2001 as Executive Vice President. Ms. Ellis brings over three decades of securities industry experience to Symons Capital Management, in particular with respect to sales management, compliance and portfolio administration. Prior to joining Symons Capital Management, Ms. Ellis served as Vice President of Operations and Branch Operations Manager for Smith Barney for fifteen years and as an Associate Financial Adviser with Legg Mason for three years. She is an honors graduate of the University of Pittsburgh. In 2004, Ms. Ellis was named our Chief Compliance Officer as she leads our efforts to meet and exceed the CFA Institute’s Global Investment Performance Standards and the SEC’s compliance requirements, in addition to her daily client relations management role.
Frank L. Fournier
Chief Operating Officer
Mr. Fournier joined Symons Capital Management in October 2007 as Vice President, Trading. Mr. Fournier works closely with our Chief Investment Officer and our Research Team in implementing the firm’s portfolio management decisions and trading. In August 2012, Mr. Fournier assumed the additional responsibilities of Chief Operating Officer. Mr. Fournier brought to Symons Capital over 16 years of financial industry and accounting experience. For the previous eight years, Mr. Fournier held positions of increasing responsibility with Sovereign Bank, then one of the twenty largest banks in the United States, ultimately serving as Vice President, Director of Regulatory Reporting. Earlier in his career, Mr. Fournier spent four years in auditing and four years in capital leasing, gaining numerous promotions. Mr. Fournier earned his degree in Business Administration, with a major in Accounting, from Slippery Rock University.
Margaret E. Svidro
Vice President, Support Services
Ms. Svidro joined Symons Capital Management in September 2007 after a 33 year career at the University of Pittsburgh involving a range of responsibilities, ultimately serving as Financial Coordinator, Payroll. Ms. Svidro earned her degree in history from the University of Pittsburgh, and holds a Public Notary commission in Pennsylvania. Ms. Svidro’s responsibilities at Symons Capital encompass a wide array of support services, including new accounts processing, individual client services and liaison with custodians of clients’ assets.
Teresa L. Svidro
Vice President, Administration
Ms. Svidro joined Symons Capital Management in December 1997 after a wide array of experience at the University of Pittsburgh. Ms. Svidro worked for 15 years in the School of Law Dean’s office, budget office and faculty support department. As the school’s budget director, she managed a $20 million annual budget. Ms. Svidro earned a degree in biology from the University of Pennsylvania. Ms. Svidro oversees the firm’s budget and financial operations, as well as the daily processing of the firm’s client and portfolio data.
Ms. Fournier joined Symons Capital Management in May 2015 after 24 years in corporate accounting positions of increasing responsibility. Ms. Fournier spent 15 years working at VF Factory Outlet, Inc. rising to the position of Lead Accounting Clerk. Ms. Fournier next spent 3 years as an Accounting & Financial Lead Specialist at Sovereign Bank. In 2007 she moved to Pittsburgh, working for The Bank of New York Mellon in Payroll & Shareholder Services. Ms. Fournier received a Specialized Associates Degree in Accounting from Pace Institute. Ms. Fournier responsibilities at Symons Capital Management are to provide support to a wide array of administrative duties including trade administration, operations and compliance support.