Portfolio Managers

1st Source Corporation Investment Advisors, Inc. and Wasatch Funds, Inc. have assembled an extremely qualified staff of investment professionals. The team of well-educated and experienced professionals manages approximately $2 billion in assets for clients of 1st Source. These assets include the investments of corporations, individuals, non-profit entities and mutual funds.

Fund Managers:

Paul W. Gifford, Jr., CFA^®

1st Source Chief Investment Officer

Bruno P. Riboni

1st Source Portfolio Manager

Jason W. Cooper

1st Source Portfolio Manager

Robert W. Nelson, CFA^®

1st Source Portfolio Manager

Scott R. Tapley, CFA^®

1st Source Portfolio Manager

Randall E. Thornton

1st Source Portfolio Manager

Ralph C. Shive, CFA^®

Wasatch Portfolio Manager

Michael L. Shinnick

Wasatch Portfolio Manager

Brian A. Bythrow, CFA^®

Wasatch Portfolio Manager

Paul W. Gifford, Jr., CFA^®
      1st Source Chief Investment Officer

Paul is the Chief Investment Officer at 1st Source Investment Advisors, Inc. and is an Associate Advisor to the Wasatch – 1st Source Income Fund. He joined 1st Source in 2000 and led the effort to create 1st Source Corporation Investment Advisors, Inc., the registered investment advisor subsidiary of 1st Source Bank.

Paul is a very active fixed income portfolio manager. In addition to medium and long–term fixed income management, Paul manages numerous short–term fixed income portfolios for 1st Source clients, including the Wasatch – 1st Source Income Fund.

Prior to joining 1st Source, Paul served as lead fixed income portfolio manager for a family of mutual funds in Minnesota. He graduated from Mankato State University in 1990 and holds the designation of Chartered Financial Analyst.

Bruno P. Riboni
     1st Source Portfolio Manager

Bruno serves as Portfolio Manager for both fixed income and equity portfolios for 1st Source clients.  Bruno serves as the lead portfolio manager for client accounts in the 1st Source East Region, maintaining an office in Elkhart and Warsaw, as well as South Bend. 

Prior to joining 1st Source in 1999, Bruno served in a similar capacity at two large regional banks in the Midwest.  Bruno graduated from the University of Cincinnati in 1991 and received his MBA from the University in 1993. 

Jason W. Cooper
     Investment Officer and Portfolio Manager

Jason has been a Portfolio Manager with 1st Source Investment Advisors, Inc. since January 2000.  Prior to joining Investment Advisors, he participated in the 1st Source Bank Corporate Trainee Program.  Jason is a graduate of Purdue University with a BS degree in Business Management with an emphasis in Management Information Systems. Jason is a candidate for the designation of Chartered Financial Analyst.

Robert W. Nelson, CFA^®
     Vice President and Portfolio Manager

Rob joined 1st Source in 2005. Prior to this, he worked for Holy Cross Health System and most recently for Mennonite Mutual Aid as Senior Fixed Income Investment Manager. Rob has been in the investment profession since 1990 and received his Chartered Financial Analyst designation in 1993.

Rob's responsibilities focus on fixed income investment management for the commingled funds as well as individually–managed portfolios.

Randall E. Thornton
     Vice President and Portfolio Manager

Randy joined 1st Source in 2009, bringing with him over 30 years of experience in investment management.   Prior to joining 1st Source, he was Chief Investment Officer for both First Merit Bank’s Trust and Private Client Services Group in Akron, Ohio and Citizen Bank’s Trust Division in Flint, Michigan.  Randy is a portfolio manager for Trust clients’ investment account and performs research for the department.

Scott R. Tapley, CFA^®
     Vice President and Portfolio Manager

Scott joined 1st Source in 2007 as a Portfolio Manager. He previously worked sixteen years with Busey Wealth Management in Champaign, Illinois, nine of which were as a financial analyst/portfolio manager. In this capacity, Scott led Busey’s equity analysis process and managed separate accounts for foundations, high net worth individuals, employee benefit plans and corporations.  Scott received a BS/BA from the University of Phoenix in 1998 and received the designation of Chartered Financial Analyst in 2001. 

Ralph C. Shive, CFA^®
     Wasatch Portfolio Manager

Ralph is employed by Wasatch Funds, Inc., serving as a lead Portfolio Manager for the Wasatch – 1st Source Income Equity Fund. He joined Wasatch from 1st Source Corporation, after a strategic partnership was formed between the two companies. 

Ralph worked at 1st Source for nearly 20 years, and was the Vice President and Chief Investment Officer of 1st Source Corporation Investment Advisors, Inc. In this capacity, Ralph was responsible for the development of the firms’ investment philosophy. Prior to joining 1st Source, Ralph managed a private family portfolio in Dallas, Texas. He gradated from Southern Methodist University and holds the designation of Chartered Financial Analyst.

Ralph has been in the investment management field since 1975 and has repeatedly received national recognition as one of the top portfolio managers in the United States by the Wall Street Journal, U.S. News & World Report magazine, Bloomberg Wealth Manager magazine, and USA Today. For two consecutive years, Ralph was recognized by the Wall Street Journal as one of the top ten equity income managers in the United States. From 1996 through 2008 Ralph has maintained a near top record among equity income mutual fund managers in the country. Ralph is a frequent speaker at seminars, conferences, and educational events. 

Michael L. Shinnick
   Wasatch Portfolio Manager

Mike is employed by Wasatch Funds, Inc., serving as a lead Portfolio Manager for the Wasatch – 1st Source Long / Short Fund. He joined Wasatch from 1st Source Corporation, after a strategic partnership was formed between the two companies. 

Mike has managed investments since 1994. He worked at 1st Source for five years as a Portfolio Manager at 1st Source Investment Advisors, Inc., where he managed the 1st Source Monogram Long/Short Fund.  Prior to 1st Source, Mike worked two years as a principal and then a partner with Diamond Technology Partners, Inc., a global management consulting Firm in Chicago, Illinois. Mike also served as an officer with Zurich Financial Services, Inc. of New York. Mike received a Bachelor of Arts in Economics from the University of Notre Dame. 

Brian A. Bythrow, CFA^®
   Wasatch Portfolio Manager

Mr. Bythrow is a Portfolio Manager for the Wasatch Micro Cap Value Fund and the Wasatch Heritage Value Fund. Mr. Bythrow joined Wasatch Advisors in 2003 and became a portfolio manager for the Wasatch Micro Cap Value Fund at their inception later that year. In 2007, Mr. Bythrow spearheaded the launch of the Wasatch Heritage Value Fund.

From 1998 to 2003, Mr. Bythrow worked for 1st Source as a portfolio manager for the Monogram Special Equity Fund where he also managed separate account large cap value portfolios. Earlier, he was an equity analyst with Parkstone Funds and a credit analyst with Shoreline Bank, both in Michigan.

Mr. Bythrow earned a Master of Business Administration from California State University in Sacramento and a Bachelor of Science in Social Sciences from the United States Air Force Academy where he earned the Outstanding Cadet in Social Sciences award for being the top graduate in Social Sciences.

Prospectus Offer
An investor should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please call 1-800-551-1700 or click here.  Please read the prospectus carefully before investing.

1st Source Corporation Investment Advisors, Inc. is a subsidiary of 1st Source Bank and provides investment advisory and other services to the Funds and receives fees for those services. Wasatch -1st Source Funds are distributed by ALPS Distributor, Inc. CFA® is a registered trademark owned by CFA Institute.