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 a mutual fund 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 responsible for all investment and portfolio decisions as well as reviewing the implementation of those decisions in the firm’s separate accounts and the Smead Value Fund. 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, and he became a registered investment adviser in 1993. 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 the Smead Value Fund. Mr. Scherrer joined Smead Capital Management in January 2008 and serves as Senior Vice President 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 April 2005 through November 2007, where he managed the investment portfolios of high-net-worth clients, not-for-profit organizations and corporations. Previously, he served at Smith Barney Asset Management. Tony has more than 14 years of experience in the investment industry and holds the Chartered Financial Analyst® designation. Mr. Scherrer is a graduate of Seattle Pacific University. 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 oversees the firm's marketing for both our separate account management and the Smead Value Fund to advisors, family offices and institutions. Cole is also a member of the firm’s investment committee.
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 recieved the CFA designation in 2011. He is a member of the CFA Institute and the CFA Society of Seattle.
Tucker joined the firm in January 2013. He is primarily engaged with the firm’s thought leadership and public relations. Tucker also assists in the firm’s marketing to advisors.
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 a Level 1 candidate in the CFA Program.