Lumbard & Kellner, LLC

100 years of combined industry experience.

Lumbard Investment Counseling is a traditional investment advisory firm. located in Hollis, New Hampshire.

Click here to see every newsletter we’ve written since 2002.

Lumbard Investment Counseling maintains an unusually low ratio of clients to investment counselors.

Lumbard Investment Counseling is engaged in the management of equity and fixed income securities on behalf of retirement plans.

Research and Portfolio Management

 


John A. Lumbard, CFA.   Founder, Managing Member (the LLC equivalent of a partner), Portfolio Manager. John started his career as a bond clerk and preferred-stock trader, on Wall Street with Reynolds Securities. After three years in retail brokerage with Dean Witter Reynolds he moved to the portfolio management and trust side of the business as an investment officer for First Bank, for the Rhode Island Hospital Trust, and for the Indian Head National Bank. He founded Lumbard Investment Counseling (now Lumbard & Kellner), at its current Hollis location, in 1990. John has a bachelor's degree in Economics from Colby, and received his Chartered Financial Analyst designation (the professional designation of investment management and research) in 1984.

 

 


Drew D. Kellner, CFA. Managing Member, Portfolio Manager. Drew, a native of Hollis, joined the firm as a partner and SEC-registered investment adviser in 2005.   His prior experience includes research and development, marketing, and venture-capital finance at a high-tech startup. Drew has a BS and an MBA from the Whittemore School of Business and Economics at UNH. In 2007, Drew became a trustee for Beaver Brook Association, and was named the chairman of the board in 2009. Drew received his Chartered Financial Analyst designation in 2010, and is a member of the Boston Security Analysts Society.

 

 


Paul K. Wright, CFA. A graduate of the University of Rhode Island with a B.A. and an M.A. in Economics, Paul received his CFA charter in 1985. Paul provides the firm with economic insight, and has decades of experience as an economist and research analyst at the Rhode Island Hospital Trust, Shawmut Banks, State Street, and Loomis, Sayles & Company.  Mr. Wright is not a portfolio manager and his role is more akin to an informal consultant.




 

Administration

 


Anne D. Russell. Managing Member, Comptroller. Anne is a graduate of Wellesley College. She served in the United States Naval Reserve for ten years, and has also worked in the insurance and software industries. Anne has been with the firm since 1990, and manages our internal financial affairs.



 

 


Jill Heslin. Jill is a key figure in opening new accounts, wiring cash to clients who need new sports cars, and keeping our database and files in good order.  Earlier in her career she was a systems analyst and financial analyst with Exxon and The Traveler’s.  She has an MS in Information Science from the University of Pittsburgh, and a BA in Mathematics from Mount Holyoke College.




 

 

 

 

 

Advisory Board

 


John A. Lumbard, CFA.  

 

 

 


Drew D. Kellner, CFA.

 

 

 


Paul K. Wright, CFA.

 

 

 


John M. Convery, Jr., CFA. John has been a member of our Investment Advisory Board since 1990, and managed client portfolios for us from 2002 to 2013.  Earlier in his career he was a Senior Vice President and portfolio manager with FleetBoston, and the head of investments at the Fidelity Bank in Philadelphia. Both of his degrees in economics—a BS and an MA—were awarded by the University of Pennsylvania’s Wharton School.



 

 


William J. Weiland, CFA. A member of our Investment Advisory Board since 1990, Bill is an investment research analyst at Newman, Dignan, and Sheerar of Providence, R.I.  He earned his undergraduate degree at Allegheny College, and his MBA at the University of Pittsburgh.


 

 

© 2017 Lumbard & Kellner, LLC • PO Box 749,  Hollis, NH 03049 • 603-465-7700 • www.lumbard.com