Multi-Cap Equity Fund Portfolio Management

Fund Managers

The Advisor's firm uses a team approach to investments. Of the ten investment team members, Brian Clancy and Paul Condrat are principally responsible for the management of the Fund's portfolio and serve as co-portfolio managers of the Fund.

Brian P. Clancy, CFA

Senior Vice President, Portfolio Manager

Brian is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Brian has twenty-two years of investment experience; prior to joining Davidson Investment Advisors, Brian served as co-portfolio manager of SAFECO Asset Management's Multi-Cap Core fund. Additionally, Brian served as a portfolio manager for the SAFECO Trust Company in Seattle. Beyond portfolio management duties, Brian operated as an equity analyst covering the semiconductor, semiconductor capital equipment, communications technology, office equipment, beverage, and waste management industries. Brian is a member of the CFA Society of Seattle, and serves on the Board of Directors for D.A. Davidson & Co. Brian earned a BS in mathematics from the United States Naval Academy and earned an MBA from the University of Washington.

Paul G. Condrat, CFA

Vice President, Portfolio Manager

Paul is co-portfolio manager of the Davidson Multi-Cap Equity strategy. Paul has fifteen years of investment experience, having previously served as a Senior Research Analyst supporting all of Davidson's equity strategies. Prior to joining the firm, Paul worked with Bainbridge Capital in San Diego as a Business Analyst. He serves on the Board of Directors, as well as the Finance Committee, for InvestED, a public non-profit organization serving secondary school students. Paul is a member of the CFA Society of Seattle. Paul earned a BBA in Finance and Marketing from Gonzaga University.


Andrew Davidson

President

Andrew is President of Davidson Investment Advisors and has served in that role since 2004. With over twenty-eight years of experience in the investment industry, he is currently Vice Chairman of the Board of Directors for D.A. Davidson Companies, is a member of the D.A. Davidson Companies Executive Committee, and is on the Board for Davidson Investment Advisors. Andrew has served on a variety of local community, publicly traded company and corporate boards throughout his career. He is currently the Chairman for Great Falls Public Schools Foundation. Andrew is a graduate of the University of Montana with a degree in Business Administration: Finance.

Edward (Ed) Crotty, CFA

Senior Vice President, Chief Investment Officer and Portfolio Manager

Ed is Chief Investment Officer and member of the executive team overseeing the firm's overall investment process. He also serves as co-portfolio manager for the Davidson Equity Income and Intermediate Taxable Fixed Income strategies. Prior to joining Davidson Investment Advisors in 2007, Ed worked at Goldman Sachs as a research analyst and portfolio manager. Ed is a member of the New York Society of Security Analysts, CFA Society of Seattle, and serves on the Board of Directors for D.A. Davidson & Co. Ed earned BS and MS degrees in engineering with honors from the University of Illinois- Urbana/Champaign and an MBA in finance with honors from Columbia University in New York City.