Smead Capital Management is a registered investment advisor headquartered in Seattle, WA; founded in 2007. The company was formed to allow investors to benefit from long-term ownership of common stocks meeting the firm’s eight proprietary investment criteria. The firm manages a US Large Cap equity strategy in separate accounts and mutual funds for advisors, family offices and institutions.
Our company is staffed with experienced professionals who are dedicated to excellence in the implementation of our equity philosophy and discipline. We combine that experience with passion, courage and a discerning voice for the benefit of our clients and investors.
The Smead Team
Whitman College, B.A. Economics 1980
William is the founder of Smead Capital Management, where he oversees all activities of the firm. As Chief Investment Officer, he is the final decision-maker for all investment and portfolio decisions as well as reviewing the implementation of those decisions in the firm’s separate accounts and mutual funds. He has appeared on CNBC and Bloomberg TV in addition to being quoted by news publications such as Reuters, Bloomberg and the Wall Street Journal.
William began his career in the investment business with Drexel Burnham Lambert in 1980. He left Drexel Burham Lambert in 1989 as First Vice President/Assistant Manager and joined Oppenheimer & Co. William left Oppenheimer & Co. and joined Smith Barney in 1990. He was with Smith Barney until September 2001, when he joined Wachovia Securities and became the Managing Director/Portfolio Manager of Smead Investment Group of Wachovia Securities. William was with Wachovia Securities until the founding of Smead Capital Management in July 2007.
Tony Scherrer, CFA
Seattle Pacific University, B.A. Business Administration, Finance 1994
Tony is the firm’s Director of Research and is jointly responsible for the day-to-day management of the firm's separate accounts and mutual funds. Mr. Scherrer joined Smead Capital Management in January 2008 and serves as Director of Research and Portfolio Manager.
Prior to joining Smead Capital Management, Mr. Scherrer served as Vice President and Senior Portfolio Manager for U.S. Trust Company from 2005-2007, and BMO Harris Private Bank from 2003-2005, where he managed the investment portfolios of high-net-worth clients, not-for-profit organizations and corporations. Previously, he served at Merrill Lynch in its Institutional Advisory Division, and Smith Barney Asset Management. Tony has more than 19 years of experience in the investment industry and holds the Chartered Financial Analyst® designation. Mr. Scherrer is a graduate of Seattle Pacific University, and has completed Executive Education at Stanford University Graduate School of Business. He is a member of the CFA Institute and the CFA Society of Seattle.
Eastern Washington University, B.S. Communications, 1984
Lisa manages the daily functions of the firm. From 2005 to 2007 Lisa was the lead administrator at Smead Investment Group of Wachovia Securities.
Prior to that she was Chief Operating Officer at Sirach Capital Management. At Sirach, she was responsible for all operations of the firm and the family of five mutual funds. She has over twenty years of experience in the investment industry.
Brenda is responsible for all compliance and daily client operations. She spent two years with the Smead Investment Group of Wachovia Securities handling client operations.
Prior to that she was Chief Compliance Officer at Sirach Capital Management where she was responsible for all compliance of the firm. She has over thirteen years of experience in the investment industry.
Cole Smead, CFA
Whitman College, B.A. Economics/History, 2006
Cole is a member of the investment committee that oversee the management of the firm’s separate accounts and mutual funds. He has been with the firm since its founding in 2007.
Cole graduated from Whitman College in 2006 with a degree in both Economics and History. Before joining Smead Capital Management, Cole was a Financial Advisor at Wachovia Securities in Scottsdale, AZ. Cole received the CFA designation in 2011. He is a member of the CFA Institute and the CFA Society of Seattle.
University of Washington, B.A. Economics, 2006
Matt is responsible for marketing the firm’s separate accounts and the Smead Value Fund to wirehouse advisors and registered investment advisors.
Prior to joining Smead Capital Management in 2013, Matt was with Rainier Investment Management in Seattle. Previously, he was an Internal Wholesaler for Russell Investments in Seattle and Columbia Management in Boston. He holds a B.A. in Economics from the University of Washington. Matt is a Level II candidate in the CFA Program.
Whitman College, B.A. Economics-Mathematics, 2013
Nehali joined the firm in July 2013. Her primary role is supporting the marketing efforts for the Smead Value Fund with wirehouse advisors and registered investment advisors.
Nehali graduated in 2013 with a degree in Economics-Mathematics from Whitman College.
Hampshire College, B.A. History and Philosophy of Education, 2006
Vanderbilt University, M.Ed, Higher Education Administration, 2009
Tucker joined the firm in January 2013. He is primarily engaged with the firm’s thought leadership and public relations. Tucker regularly interacts with journalists and producers from major media outlets like the Wall Street Journal, Bloomberg and CNBC.
Tucker graduated from Hampshire College with a degree in Philosophy and in 2009 he completed his Masters Degree in Education from Vanderbilt University. Before joining Smead Capital, he worked as a registered representative with Tromans-Slosburg Investments in Kansas City. Tucker is on the Board of Directors of the Professional Association of Investment Communication Resources (PAICR) and a Level 1 candidate in the CFA Program.