TG

Todd Gervasini

Chief Investment Officer & Managing Partner at Wakefield
On the record
Represented by:
Share profile 
Link:
Bio
Edit

Todd is the founder of Wakefield Asset Management. He has worked in investment management since 1993. Todd directs the overall portfolio management, strategic investment research, and development initiatives for Wakefield Asset Management and Wakefield Wealth Management.

Prior to founding Wakefield, he was President and co-founder of Capital West Asset Management, a quantitative investment management firm where he served as the portfolio manager for the firm’s quantitative equity strategies.
Prior to Capital West, Todd was a vice president and then senior vice president at C.M. Bidwell & Associates. He was responsible for the portfolio management of various equity and alternative strategies and the strategic direction of the firm.
Todd holds a B.A. in political science from Boston College, graduating cum laude and with honors in his field.
Todd is the current Colorado Chairman of the Western Golf Association, sits on the Board of Governors for the WGA, and is the current Chairman of the Palmer Scholarship Trust. In addition, he is the past President of Cherry Hills Country Club, the past Chairman for Bags of Fun (Gabby Krause Foundation), as well as a former Trustee and Director for Arapahoe Advocates for Children, Centennial Bank, the Denver Council of Boy Scouts, and Regis Jesuit High School. Todd and his wife Shannon have been married for over 25 years and have four children, Nicholas, Isabella, Anthony and Tessa.

Employment
Sign up to view all
Recent Quotes
Sign up to view all
  • Gervasini also likes to keep things simple by using only the three tests described above: earnings estimate revisions; earnings surprise, and relative valuation. He says: “We are all-in on the concepts that we think are very robust. That’s where the opportunity to outperform is.”

  • “This keeps us out of insane multiples and makes us buy boring stocks that I think will ultimately be rewarded,” Gervasini says. “It forces us to look at the sectors that people ignore.” In financials, this means owning Arch Capital Group, JPMorgan Chase JPM, -0.69% and insurance giant AFLAC AFL, -2.45%.

  • 3. Take the emotion out of investing: The sell decision always seems to be much harder than the buy decision. Why is this? It’s all about emotion. “If you have a company that has done unbelievably well, it is hard to sell. You fall in love with the company,” Gervasini says. The same thing can happen in the opposite direction: Too many people hold on to losers because it is hard to admit they made a mistake.

Headshots