Jeff Kinnel

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Mr. Jeffrey P.
Kinnel, CFA MBA, is a Research Analyst at Nicholas Co., Inc. He follows stocks of all market capitalizations with specialization in the energy, retail and financial sectors.
He has over 13 years of industry experience.
Prior to joining Nicholas Company, Mr. Kinnel served as a corporate bond analyst and trader for Cleary Gull in Milwaukee, Wisconsin.
He also worked at Guaranty Bank as a mortgage-backed security analyst and trader.
Mr. Kinnel graduated from Miami University in Oxford, Ohio and obtained his MBA from the University of Wisconsin - Milwaukee.
He has earned the right to use the CFA designation and is a member of the CFA Society Milwaukee.

Former positions of Jeff Kinnel

Companies	Position	End
Cleary Gull, Inc. Cleary Gull, Inc. Investment ManagersFinance Cleary Gull provides discretionary investment advice primarily with respect to mutual funds, ETFs, fixed income securities, and non-traditional (complementary or alternative) investment vehicles, such as registered mutual funds and ETFs that have alternative strategies, hedge funds, private equity, REITs, and closed-end funds. The firm primarily uses a long-term investment approach that focuses on asset allocation. Cleary Gull generally recommends investments with the intent that they will be held long term.	Analyst-Fixed Income	2003-12-30
Guaranty Bank Guaranty Bank Regional BanksFinance Provides banking services	Corporate Officer/Principal	-
Nicholas Co., Inc. Nicholas Co., Inc. Investment ManagersFinance Nicholas Co. employs a fundamental, bottom-up approach to security selection with a long-term investment horizon. Their process focuses on identifying securities offering secular growth characteristics, strong financial bases, reasonable valuations and downside risk. The firm’s long-term approach deemphasizes the short-term impact of day-to-day market volatility and maintains a focus on the long-term potential of the securities in their portfolios.	Analyst-Equity	-

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Private companies	5
Nicholas Co., Inc. Nicholas Co., Inc. Investment ManagersFinance Nicholas Co. employs a fundamental, bottom-up approach to security selection with a long-term investment horizon. Their process focuses on identifying securities offering secular growth characteristics, strong financial bases, reasonable valuations and downside risk. The firm’s long-term approach deemphasizes the short-term impact of day-to-day market volatility and maintains a focus on the long-term potential of the securities in their portfolios.	Finance
Cleary Gull, Inc. Cleary Gull, Inc. Investment ManagersFinance Cleary Gull provides discretionary investment advice primarily with respect to mutual funds, ETFs, fixed income securities, and non-traditional (complementary or alternative) investment vehicles, such as registered mutual funds and ETFs that have alternative strategies, hedge funds, private equity, REITs, and closed-end funds. The firm primarily uses a long-term investment approach that focuses on asset allocation. Cleary Gull generally recommends investments with the intent that they will be held long term.	Finance
Miami University Miami University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
University of Wisconsin University of Wisconsin Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Guaranty Bank Guaranty Bank Regional BanksFinance Provides banking services	Finance

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