L. Phillip Jacoby

L. Phillip Jacoby, IV is an Executive Director and Chief Investment Officer of Spectrum Asset Management, Inc. Mr. Jacoby joined Spectrum in 1995 as a Portfolio Manager and most recently held the position of Managing Director and Senior Portfolio Manager until his appointment as CIO on January 1, 2010, following the planned retirement of his predecessor. Prior to joining Spectrum, Mr. Jacoby was a Senior Investment Officer at USL Capital Corporation (a subsidiary of Ford Motor) and Co-Manager of the preferred stock portfolio of its U.S. corporate financing division for six years. Mr. Jacoby began his career in 1981 with The Northern Trust Company, Chicago and then moved to Los Angeles to join E.F. Hutton & Co. as a Vice President and Institutional Salesman, Generalist Fixed Income Sales through most of the 1980s. He holds a BSBA in finance from Boston University School of Management.