Smead Capital Management is a registered investment advisor headquartered in Seattle, WA with an office in London, UK. The firm was founded in 2007. The company was formed to allow investors to benefit from long-term ownership of common stocks meeting the firm’s eight 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.
Whitman College, B.A. Economics 1980
William is the founder of Smead Capital Management, where he oversees the firm. As Chief Investment Officer, he is the final decision-maker for investment and portfolio decisions as well as reviewing the implementation of those decisions in the firm’s separate accounts and mutual funds.
William began his career in the investment business with Drexel Burnham Lambert in 1980. He left Drexel Burnham Lambert in 1989 as First Vice President/Assistant Manager and joined Oppenheimer & Co., where he stayed until joining Smith Barney in 1990. William remained at Smith Barney until September 2001 when he joined Wachovia Securities becoming the Managing Director/Portfolio Manager of Smead Investment Group of Wachovia Securities. In 2007, William left Wachovia Securities to found Smead Capital Management.
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.
Prior to joining Smead Capital Management, Tony served as Vice President and Senior Portfolio Manager for U.S. Trust Company from 2005-2007 and BMO Harris Private Bank from 2003-2005, Previously, he served at Merrill Lynch in its Institutional Advisory Division and Smith Barney Asset Management. Tony is a graduate of Seattle Pacific University and has completed Executive Education at Stanford University Graduate School of Business. With over 20 years of experience in the investment industry, Tony is a member of the CFA Institute and the CFA Society of Seattle.
Cole Smead, CFA
Whitman College, B.A. Economics/History, 2006
Cole is a member of the investment committee that oversees the management of the firm’s separate accounts and mutual funds.
Before joining Smead Capital Management, Cole was a Financial Advisor at Wachovia Securities in Scottsdale, AZ. Cole graduated from Whitman College in 2006 with a degree in both Economics and History and received the CFA designation in 2011. He is a member of the CFA Institute and the CFA Society of Seattle.
Compliance and Operations
University of Iowa, B.A. Economics, 1991
Steve is responsible for all compliance and operations functions of the firm. He also serves as Chief Financial Officer, Treasurer and Chief Compliance Officer to the Smead Funds Trust and is a Board of Director to the Smead US Value UCITS Fund.
Prior to joining Smead Capital Management, Steve held various management positions at independent financial services and investment management firms. From 2007 to 2011 he was Senior Manager and Director at UBS Global AM-Americas and served as Vice President and Assistant Treasurer to The UBS Funds. Prior to that he was a Principal at Oberweis Asset Management, Inc., where he was responsible for compliance, operations and fund administration. In addition, he served as Vice President, Secretary to The Oberweis Funds. He has over 20 years of experience in the investment industry.
University of Washington, B.A. Business, Accounting, 2006
Jameson oversees the firm’s financial strategy and planning.
Prior to joining Smead Capital Management, Jameson held several leading roles at BlackRock. Most recently, he oversaw the operational support of BlackRock’s Hedge Fund and Private Credit platforms. In addition, Jameson served as a Board member for several Luxembourg-based investment funds and was an active member of BlackRock’s Alternatives Leadership Committee and Alternatives Operating Committee. Jameson began his career as an Audit Associate with KPMG.
Alaska Pacific University, Master of Global Finance, 2007
Yelena oversees the day-to-day operations of the firm.
Prior to joining Smead Capital Management, Yelena assisted the CCO and Director of Operations as Senior Operations Associate at GW Capital, Inc. She previously served as Operations Support – Lead at McKinley Capital Management, LLC. Yelena has 18 years of experience in the financial services industry.
American Military University, B.A. General Studies, 2016
Afton’s primary role is supporting the day-to-day operations of the firm.
Prior to joining Smead Capital Management, Afton provided account support as a Fulfillment Representative for Apex Learning Inc. She previously served as a Family Readiness Support Assistant (civilian) for the US Army at Fort Hood, Texas.
Sales and Marketing
Andrew La Cava
Whitman College, B.A. Economics 2014
Andrew works with advisors, family offices and institutions through our firm’s mutual funds, sub-advisory and separate accounts for Non-US investors. He is based in our London, UK office.
Andrew graduated from Whitman College with a degree in Economics. Andrew has passed all three levels of the CFA Program and may be awarded the charter upon completion of the required work experience.Andrew La Cava is a registered representative of ALPS Distributors, Inc.
Matthew Brudvik, CFA
University of Washington, B.A. Economics, 2006
Matt works with advisors, family offices and institutions through our firm’s mutual funds, sub-advisory and separate accounts.
Prior to joining Smead Capital Management in 2013, Matt was with Rainier Investment Management in Seattle. Previously, he was with Russell Investments in Seattle and Columbia Management in Boston. He holds a B.A. in Economics from the University of Washington. Matt is a CFA Charterholder and member of the CFA Society of Seattle.Matthew Brudvik, CFA is a registered representative of ALPS Distributors, Inc.
Villanova University, B.A. Economics, 2011
Scott works with investment advisors and wealth managers in the Eastern region of the United States through our firm’s mutual funds and separate accounts.
Prior to joining Smead Capital Management in 2014, Scott was a regional consultant with Lord Abbett & Co. in Jersey City, NJ. He holds a B.A. in Economics from Villanova University. Scott is a Level II candidate in the CFA Program.Scott Herdemian is a registered representative of ALPS Distributors, Inc.
Whitman College, B.A. Economics 2013
Sam works with investment advisors and wealth managers in the Western region of the United States through our firm’s mutual funds and separate accounts.
Prior to joining the firm, Sam was a wealth management associate at Alliance Bernstein. Sam graduated from Whitman College with a degree in Economics. Sam is a CFA Level II candidate.Sam Sadeghi is a registered representative of ALPS Distributors, Inc.
University of Washington, B.A. Business Administration, 2008
Heather oversees the marketing functions for the firm.
Before joining Smead Capital Management, Heather was Marketing Manager for WHV Investments. Previously, she was with Rainier Investment Management where she was responsible for marketing materials and brand management. She has been in the investment industry since 2008.
University of Washington, B.A. Economics 2017
Devin works with investment advisors and wealth managers across the United States through our firm’s mutual funds and separate accounts.
Prior to joining the firm, Devin held an internship with MassMutual. He holds a B.A. in Economics from the University of Washington.Devin Remlinger is a registered representative of ALPS Distributors, Inc.
CFA® is a registered trademark owned by the CFA Institute.
Smead Capital Management, Inc. ("SCM") is an SEC registered investment adviser located in Seattle, Washington. Registered investment adviser does not imply a certain level of skill or training. SCM may only transact business in those states in which it is registered or has completed the appropriate notice-filing requirements. This website is limited to the dissemination of general information regarding SCM and SCM’s services and should not be used as the primary basis of investment decisions nor should it be construed as a solicitation or advice designed to meet the particular investment needs of any specific investor. Prospective clients should consult with a financial consultant to review their investment objectives and financial situation before determining whether any investment, security, or strategy is suitable. A copy of SCM’s Form ADV Part 2A providing information regarding SCM’s services, fees, and other important disclosure items is available is available on this website. Any opinions expressed on this site or in any SCM–authored documents are subject to change without notice and, due to the rapidly changing nature of the security markets, may quickly become outdated. No information should be interpreted to state or imply that past results are an indication of future performance. All materials presented are compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. No portion of the web site content should be interpreted as legal, accounting or tax advice. The email link on the Contact page does not generate an encrypted (secure) message. You may not link other websites to this website without the written permission of SCM. Unauthorized use of this site, or any of the material on this site without the permission of SCM, is prohibited.