Harnessing Volatility to Generate Income

General Investing >> Money Manager Interviews >> January 16, 2015

Kenneth R. Hyman, President and CEO, founded Partnervest Investment Group LLC in 2001 and is responsible for the direction and oversight of Partnervest’s business, financial, compliance and operational affairs. He also serves as Co-Portfolio Manager and member of the investment management committee overseeing the STAR Asset Management program. Prior to establishing Partnervest, he was the Senior Executive and Financial Officer for Integral Securities, Inc., predecessor of Partnervest Securities Inc., and Integral Securities Europe Ltd., the regulated entities of software developer Integral Development Corp. — IDC. He was also the President and Sole Proprietor of Partnervest, a financial services consulting firm specializing in operations, e-commerce, financial operations, compliance and regulatory issues, product and service development, and business strategies. Prior to Partnervest and Integral, Mr. Hyman was the Managing Principal and Chief Operating Officer of Mercer Global Securities and the Director of Operations for Mercer Global Advisors, one of the nation’s largest fee-only financial planning and investment management firms. He was also the Vice President of Trading for Associated Financial Group, a financial services company providing support to more than 328 representatives in over 179 branch and satellite offices. Mr. Hyman received a Bachelor of Science degree in economics/business administration from the University of Arizona in 1984. He has been in the financial services industry since 1980. From 2005 to 2008, he was a member of FINRA District Committee 2 and served as Chairman in 2007 to 2008. He is licensed as a financial operations principal, a general securities principal, a municipal securities principal, an options principal and a general securities representative. Profile

Jim Herrell, CFA, is the Director of Investments and brings a wealth of investment management experience to Partnervest Investment Group LLC, having spent 21 years in the asset management industry. He specializes in alternative assets, particularly hedged and absolute return strategies. A 1988 graduate of UC Santa Barbara, Mr. Herrell honed his knowledge of hedged strategies as a trader at Kayne Anderson in Los Angeles. In 1991, he became a partner and head trader at Strome & Co. in Santa Monica. Management expertise coupled with opportunistic investing across a broad spectrum of global markets enabled the fund to grow its assets from $50 million to more than $1.1 billion by the end of 1994. In addition, he helped manage $25 million for George Soros’ Quasar Fund. Relocating to Santa Barbara, Mr. Herrell managed $250 million for the Trust & Investment division at Pacific Capital Bancorp, covering high net worth and institutional clients. In 2003, he helped develop and manage a quantitative multistrategy hedge fund for the Santa Barbara Market Neutral Fund. He joined Partnervest in July 2008 and launched the Structured Target Return program shortly thereafter. Mr. Herrell enjoys volunteering in the classroom and on the soccer fields, as well as spending time outdoors and in the ocean. He lives with his wife and four children in the Mission Canyon area of Santa Barbara. Profile

TWST: Tell us a little bit about Partnervest Financial Group.

Mr. Hyman: Partnervest Financial Group is a holding company for Partnervest Advisory Services, which is our SEC-registered

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Harnessing Volatility to Generate Income

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