Chairman, Chief Executive Officer, President and Global Chief Investment Officer

Roger J. Sit rjs stocks 1 Chairman, Chief Executive Officer, President and Global Chief Investment Officer Roger Sit directs investment management activities for Sit Investment Associates, a diverse financial asset management firm with capabilities in both domestic and international investment products. Roger joined the organization in January 1998 and worked closely with firm founder Gene Sit for over ten years. Prior to joining the firm, Roger was a Vice President and Senior Equity Research Analyst at Goldman Sachs & Co. in New York for seven years. Additionally, he was a Captain in the U.S. Air Force, serving six years active duty with financial management responsibilities at Headquarters Space Division. Roger graduated with Military Distinction from the U.S. Air Force Academy in 1984. He earned a M.S. in Systems Management from the University of Southern California in 1987 and an M.B.A. with honors from the Harvard Graduate School of Business in 1991. Roger serves on the boards of Convergent Capital, the Minneapolis Institute of Arts and the University of Minnesota Outreach, Research and Education (UMore) Development LLC. Kent L. Johnson klj stocks 2 , CFA Senior Vice President - Research and Investment Management Kent joined Sit Investment Associates in January 1989. He is currently responsible for co-managing the Sit Dividend Growth Fund and provides fundamental research on companies in the capital goods, financial, transportation and education sectors. In addition, Kent leads SIA’s quantitative research team. He has served in a variety of positions at SIA including client administration and computer applications before joining the equity research staff in 1993. Kent received a B.S. in Finance in 1989 from the University of Minnesota and earned an M.B.A. from the University of Minnesota Carlson School of Management in 1995. Ronald D. Sit rds stocks 3 , CFA Vice President - Research and Investment Management Ron joined Sit Investment Associates in July 1984. His current responsibilities include investment research on consumer-oriented companies in the consumer non-durable, commercial services and retail sectors. Ron’s prior work experience includes approximately two years with the Gelco Corporation where he worked for both the company Treasurer and Controller. In addition, he worked as a Research Assistant with Piper Jaffray. Ron received a B.A. degree from Northwestern University in 1981 and, in 1984, earned an M.M. from the J.L. Kellogg Graduate School of Management in the areas of finance, managerial economics and managerial accounting. He serves on the boards of the Saint Paul Chamber Orchestra, Private School Young Life and the President’s Cabinet of the Northern Star Council, BSA. David A. Brown dab stocks 4 , CFA, CPA Vice President - Research and Investment Management & Director of Client Services Dave joined Sit Investment Associates in July 1997. His current equity research responsibilities include the media, consumer durable and consumer services sectors, and researching accounting issues. Additionally, he is responsible for supporting the firm’s institutional equity business development and client service initiatives. Prior to joining the firm, Dave held a variety of positions with KPMG Peat Marwick LLP. While at KPMG, between 1986 and 1992, Dave managed a variety of client relationships and specialized in providing technical accounting and advisory services on GAAP, SEC, and financial reporting issues to corporate clients. From 1992 through 1997, he specialized in mergers and acquisitions and capital market transactions. He joined KPMG in 1986 after receiving his B.B.A. in Accounting from the University of North Dakota. Robert W. Sit rws stocks 5 , CFA Vice President - Research and Investment Management Rob joined Sit Investment Associates in February 1993 as a member of the technology research team. His primary responsibilities include performing investment research on software, networking equipment,computer services, and coal producing companies. Prior to joining the domestic equity research team, Rob worked for SIA's affiliate, Sit International (Sit/Kim), as a research associate. Rob received a B.A. degree in Economics and History from DePauw University in 1991 and earned an M.B.A. from Northwestern University's J.L. Kellogg Graduate School of Management in 2002. He currently serves on the board of the Minnesota International Center. Michael J. Stellmacher mjs stocks 6 , CFA Vice President - Research and Investment Management Mike joined Sit Investment Associates in January 2001. His investment research responsibilities focus on the 20th century economy, high carbon-footprint industries such as energy, utilities, chemicals, and metals. Prior to joining SIA, Mike spent ten years managing the investments of The Pillsbury Company’s employee benefit plans. Trained as an economist, he also held economic research and analysis positions with Pillsbury, Tri/Valley Growers, and the U.S. Department of Agriculture. He received B.S. and M.S. degrees in Agricultural Economics from the University of Wisconsin- Madison (1977) and Oklahoma State University (1979), respectively, and received an M.B.A. from the University of Minnesota Carlson School of Management in 1991. Raymond E. Sit res stocks 7 Vice President - Research and Investment Management Raymond joined Sit Investment Associates in 1992 and is responsible for research and portfolio recommendations for investments in Latin America, emerging Europe and Asia ex-Japan. Prior to joining Sit Investment, Raymond was a cost analyst with Tecolote Research, Inc. in their Aerospace Cost Consulting Practice. During the summers of 1983-1986, he worked as a research associate for Sit Investment while attending college. He received a B.S. in Economics with a minor in statistics from the University of Minnesota in 1987 and an M.B.A. from Pepperdine University in 1990. Denise A. Anderson daa stocks 8 , Ph.D. Vice President - Research and Investment Management Denise joined Sit Investment Associates in November 2008. She is responsible for fundamental research on companies in the global healthcare sector. Prior to joining SIA, Denise spent ten years as a sell-side healthcare analyst, working for Kepler Capital Markets, Bank Julius Baer and Bank Sarasin, all based in Zurich, Switzerland. She served as head of the healthcare teams since 2002. Prior to her career in the financial world, Denise was employed for close to ten years in the research departments of Roche and BASF, work which earned her a number of patents. Denise received a B.A. in chemistry from the University of Minnesota, Morris in 1983, a Ph.D. in organic chemistry from The Johns Hopkins University in 1989 and an M.B.A. from Duke University in 1997. John M. Bernstein jmb stocks 9 Vice President - Research and Investment Management John joined Sit Investment Associates in March 1995. He currently provides fundamental research on both domestic and global financial companies. Prior to joining SIA, John was an equity research analyst for an investment advisory firm. He received a B.A. degree from Carleton College in 1986 and an M.B.A. in Finance and Marketing from the University of Minnesota Carlson School of Management in 1992. Joseph R. Eshoo jre stocks 10 Vice President – Research and Investment Management Joe joined Sit Investment Associates in January 2008. His investment research responsibilities are focused in the telecommunication services and equipment area. Prior to joining SIA, Joe was a Senior Analyst/Portfolio Manager at HighMark Capital Management covering the Information Technology and Telecommunication Services sectors. He has over nine years of sell-side Senior Analyst experience at A.G. Edwards & Sons, Rodman & Renshaw and Zacks Investment Research. He received a B.S. in Electrical and Electronics Engineering from Marquette University in 1982, a Masters in Engineering Management from Northwestern University in 1988 and an M.B.A. with a concentration in Finance and specialization in International Business from the University of Chicago in 1991. Prior to the career change into the investment industry, Joe worked within the avionics defense industry for nine years as a radar jamming systems design engineer primarily at Northrop Corporation. Tasha M. Murdoff tmm stocks 11 Vice President – Research and Investment Management Tasha joined Sit Investment Associates in November 1995. She is currently a member of the global equity investment team responsible for fundamental research on companies located within Europe, Canada, and emerging markets along with providing quantitative research for international and global portfolios. Tasha began in Sit Mutual Funds before transferring to SIA marketing in September 1998 and to equity research in 2000. She received a B.A. in Business Administration with an emphasis in finance from Augsburg College in Minneapolis in 1997 and an M.B.A. from the University of St. Thomas in 2002. Mark A. Pepper map stocks 12 Vice President – Research and Investment Management Mark rejoined Sit Investment Associates in October 2010. He is currently a generalist with a focus on Europe. Mark previously worked for SIA as an Equity Research Analyst from 2002-2007 covering several industries within the technology and healthcare sectors and as a consultant from 2008-2010. He has also worked as Vice President and Senior Research Analyst for OFI Institutional, where he covered the consumer discretionary and healthcare sectors as part of a four-person team managing OFI’s small cap relative value (core) and disciplined value portfolios, and four years as a sell-side research analyst at Goldman Sachs covering capital goods and automotive companies. Mark earned a B.S. in Business Administration from Bryant College in 1995 and an M.B.A. from the Harvard Graduate School of Business in 2001. Stacey M. Curme smc stocks 13 Equity Trader / Equity Research Analyst Stacey joined Sit Investment Associates in December 1993. She currently serves as an equity trader for the domestic and international markets. Stacey also works as a research associate to the Global Chief Investment Officer. She spent five years in client servicing in both the Sit Mutual Fund group and client administration before joining the equity research team. Stacey received her B.S. degree in Finance and Banking in 1993 and M.B.A. in 2001 from the University of Minnesota Carlson School of Management. Ningning Tang nt stocks 14 , CFA Equity Research Associate Ningning joined Sit Investment Associates in November 2007. She is a generalist, currently researching stocks in the greater China region. Prior to SIA, Ningning was an associate equity analyst covering technology stocks with Craig-Hallum Capital Group from 2005 to 2007. She also worked at Peregrine Capital Group from 2004 to 2005. In addition, Ningning worked 6 years at Prima Pacific Inc. in Beijing China as a business analyst. She received a B.A. from Beijing Second Foreign Language Institute in 1992 and an M.B.A. from the University of St. Thomas in 2004. Ningning is fluent in Mandarin. Bradley W. Meyer bwm stocks 15 Equity Trader / Equity Research Associate Brad joined Sit Investment Associates in January 2001. He currently serves as an equity trader and maintains some equity research responsibilities. He worked for three years in the client administration area before joining the equity research team. Prior to joining SIA, he worked as an investment accountant for Investment Advisors Inc. in Minneapolis. Brad graduated with a B.A. in Finance from Gustavus Adolphus College in December 1998 and received an M.B.A. from the University of Minnesota Carlson School of Management in 2008. Nicholas D. Tich ndt stocks 16 Equity Research Assistant Nick joined Sit Investment Associates in March 2005. He currently works with the equity research team, performing portfolio analysis and other quantitative tasks. Nick began as an intern in Sit Mutual Funds before transferring to the equity research area. He received a B.S. in Mathematical Economics from the University of St. Thomas in May 2008. Lee J. Feltman ljf stocks 17 Equity Research Assistant Lee joined Sit Investment Associates in May 2007. He is currently a generalist, providing fundamental research and quantitative analysis to the equity research team. Lee began as an equity research intern before joining the firm full time. He received a B.S. in Finance from the University of Minnesota 2009 and is currently a CFA candidate. Eric M. Manthe emm stocks 18 Equity Research Assistant Eric joined Sit Investment Associates in October 2004. He currently works in equity research where he uses quantitative tools and portfolio analytics to help the team. Eric began his career with SIA in the systems department before transferring to the equity research area. He received a B.S. in Computer Science with a minor in Economics from St. Cloud State University in 2003, and an M.B.A. with a concentration in finance from the Carlson School of Management in 2010. Peter L. Mitchelson plm stocks 19 , CFA Vice Chairman (Retired) Peter was a founding principal of Sit Investment Associates. He retired in March 2008 and is serving as a consultant to the firm. Before joining Sit Investment in August 1981, Peter served as Senior Vice President - Portfolio Management and Client Services for IDS (American Express Financial) Advisory in Minneapolis, where he was responsible for managing approximately $300 million in equity assets for client portfolios. In addition, he directed the marketing of the firm's services. Prior to joining the IDS organization in early 1978, he spent ten years with an investment counseling firm in Montreal which specialized in pension fund management. Peter has educational and investment experience in Switzerland, Canada, and the United States, obtaining a BComm degree from the University of Toronto in 1964 and an M.B.A. from the Harvard Graduate School of Business Administration in 1966. He currently is serving his second term as a board member of the Minnesota Council on Economic Education and is an “at large” member of the Investment Committee of Westminster Presbyterian Church in downtown Minneapolis. Edward M Giles emg stocks 20 , CFA Advisory Director Ed is a managing member of GME Capital LLC since 2005. He was Chairman of The Vertical Group, Inc., an investment fund administration company from 1989 through 2006, and now serves as its Chairman Emeritus. Mr. Giles was previously President of F. Eberstadt & Co., Inc., a securities firm. He also serves on the Board of Directors of Tepha, Inc. Ed received a B.Ch.E. from Princeton University, and an S.M. in Industrial Management from Massachusetts Institute of Technology (MIT). Michael C. Brilley mcb bonds 1 President and Senior Fixed Income Officer Michael Brilley joined Sit Investment Associates in early 1984. He currently serves as the President and Fixed Income Officer. Michael spent nearly ten years with First Bank Minneapolis where he was Vice President and Senior Fixed Income Officer. His responsibilities at First Bank included management of over $2.5 billion of assets in bond portfolios for the Bank’s institutional customers, its own investment portfolio and two money market mutual funds. Prior to coming to Minneapolis, he spent seven years in the investment management business with the trust departments of the Merchants National Bank of Indianapolis and the Continental Illinois National Bank of Chicago. His experience includes both credit and equity analysis and the management of both debt and equity portfolios. Collective bond funds that he managed were often leaders in investment performance. Michael has served as a voluntary financial advisor to various municipal entities and has spoken at numerous regional and national investment conferences. He received a B.S. in Business Administration from Millikin University in 1967. Debra A. Sit das bonds 2 , CFA Senior Vice President and Senior Portfolio Manager Debbie Sit joined Sit Investment Associates in 1981, working in the computer applications and various administrative areas for four years. She returned to the firm in September 1987 as a research analyst and Bond Specialist – Assistant Fixed income Manager, focusing primarily on taxable bonds. Since 1991, she has served as co-manager of the firm’s tax-exempt bond portfolios, and is also currently responsible for overseeing the firm’s municipal bond research process. Debbie received her B.A. in Biology from the University of Minnesota in 1982 and, in 1987, completed her M.B.A. at the Chicago Booth School of Business where she earned a finance specialization with concentrations in accounting and policy. She is also a CFA. Debbie currently serves on the boards of the University of Minnesota Foundation, Ordway Center for the Performing Arts and VocalEssence. Bryce A. Doty bad bonds 3 , CFA Senior Vice President and Senior Portfolio Manager Bryce Doty joined Sit Investment Associates in November 1995. He is responsible for taxable bond portfolio management serving as portfolio manager for all taxable bond accounts. Bryce's seven years of experience with Minnesota Mutual include two years of management consulting, two years as Due Diligence Officer for broker/dealer operations and three years as the head of their Public Bond Trading desk. His responsibilities also included analyzing and monitoring all total return corporate credits. In 1988, Bryce received a B.A. in Business Management with minors in physics and psychology from Hamline University. He completed his M.B.A. with a concentration in finance at the University of Minnesota Carlson School of Management in 1992. Mark H. Book mhb bonds 4 , CFA, CMA Vice President and Portfolio Manager Mark joined Sit Investment Associates in August 2000 as a Portfolio Manager and Fixed Income Analyst. He is responsible for taxable bond portfolio management and credit research. Prior to joining SIA, Mark spent three years with U.S. Bancorp Piper Jaffray where he was Vice President and Senior Corporate Bond Strategist. Prior to U.S. Bancorp Piper Jaffray, he worked as a fixed income portfolio manager at Northwest Investment Management for one year and Insight Investment Management for six years. He also traded fixed income securities at Reliastar Financial Corporation (now ING) for five years. Mark received a B.A. in Accounting from the University of Minnesota in 1987. In 1992 he completed his M.B.A. with a concentration in finance at the University of Minnesota Carlson School of Management. Paul J. Jungquist pjj bonds 5 , CPA, CFA Vice President and Portfolio Manager Paul joined Sit Investment Associates in January 1994. He is responsible for analyzing municipal and corporate credits and serves as portfolio manager for certain taxable and tax-exempt accounts. Prior to that he worked as an auditor for Grant Thornton. He has also served as an assistant controller for a publicly held engineering services company. In 1984, Paul received a B.B.A. of Accountancy from the University of Notre Dame. He graduated from the University of Minnesota Carlson School of Management in 1993, where he obtained an M.B.A. in finance. Christopher M. Rasmussen cmr bonds 6 , CFA Research Analyst Chris joined Sit Investment Associates in February 1999, joining Sit Fixed Income in September 2002. His responsibilities include securities analysis and portfolio management, with an emphasis on taxable bond portfolios. Chris received a B.S.B. in Finance with a minor in economics from the University of Minnesota Carlson School of Management in 2001. In 2004, he received an M.B.A with dual concentrations in finance and strategic management, also from the University of Minnesota Carlson School of Management. Todd S. Emerson tse bonds 7 , CFA Research Analyst Todd joined Sit Investment Associates in July 2006. His responsibilities include credit research and analysis on individual fixed income securities. Previously he spent over six years in various strategic finance roles at Thomson West and US Bank, as well as almost four years in public finance and treasury at RBC Dain Rauscher. In 1991, Todd received a B.B.A. in Economics from the University of Wisconsin-Eau Claire. He completed his M.B.A. with a concentration in finance at the University of Minnesota Carlson School of Management in 1994. Matthew T. Hilliard mth bonds 8 , CFA Research Analyst Matt joined Sit Investment Associates in October 2007. His responsibilities include credit research and analysis on individual fixed income securities. Prior to joining SIA, he spent two and a half years as a valuation analyst with Stonehill Group, and one year as a corporate trust analyst for US Bank. Matt received B.A. degrees in Finance and Economics from the University of Wisconsin - La Crosse in 2002 and an M.B.A. with a concentration in finance at the University of Minnesota Carlson School of Management in May 2008. Eric T. Nelmark etn bonds 9 Research Analyst Eric joined Sit Investment Associates in August 2004. His responsibilities include credit research and analysis on individual fixed income securities. Prior to joining SIA he spent almost six years at Investment Advisers, Inc. (now Paladin Investment Associates). Eric spent time in several areas including mutual fund accounting, finance, and equity trading. In 1998, he received his B.A. in Business Administration from Bethel University with concentrations in accounting and finance and an M.B.A. from the University of St. Thomas in 2005. Jessica A. Ersfeld jae bonds 10 Research Analyst Jessica joined Sit Investment Associates in September 2007. Her responsibilities include research, analysis and trading of mortgage securities. Prior to joining the fixed income team Jessica worked in corporate trust at Wells Fargo Bank for five years, specializing in municipal debt and student loan securities. She received her B.A. (Magna Cum Laude) in Finance and Computer Science from the University of St. Thomas in 2000 and received an M.B.A. from the University of Minnesota Carlson School of Management in 2006. Kevin P. O’Brien kpo bonds 11 , CFA Municipal Bond Trader Kevin returned to Sit Investment Associates in August 2008. He currently is responsible for trading municipal bonds. He originally joined the firm in October 1997 and spent three years in client administration before joining the equity research team where he was responsible for trading domestic and international equities in addition to performing quantitative research. He left the firm in June 2005 to work full-time for the Army National Guard and prepare for a deployment to Iraq as an Air Assault Company Commander and UH-60 Blackhawk helicopter pilot from which he returned in the summer of 2008. Kevin received a B.A. in Economics and Business Administration with a concentration in Financial Management from the University of St. Thomas in 1997. Michael J. Reich mjr bonds 12 , CFA Research Associate Michael joined Sit Investment Associates in March 2004. His primary responsibilities are to provide assistance in the analysis and trading of fixed income securities. Michael worked for Sit Mutual Funds before joining Sit Fixed Income in December 2006. He received a B.A. in Business Administration-Finance with a minor in economics from the University of St. Thomas in 2005, and an M.B.A. from the University of Minnesota Carlson School of Management in 2009. Michael C. Hubbard mch bonds 13 , CFA Research Associate Mike joined Sit Investment Associates in September 2011. His responsibilities include credit research and analysis on fixed income securities. Prior to joining SIA, Mike worked four years as a consultant for State Street Investment Analytics in Boston. He also spent three years as a research and performance analyst at Adviser Investments in Newton, MA. He received a B.S. in Finance from Boston College in 2001. Andrew J. Tich ajt bonds 14 Research Assistant Andrew joined Sit Investment Associates in June 2006. His current responsibilities include credit research and analysis on individual fixed income securities and assisting in the development and processing of quantitative analytical tools for fixed income portfolio management. Andrew worked for the administration group before moving to fixed income in August 2007. He received his B.S. in Actuarial Science from the University of St. Thomas in December 2009 and is currently a candidate in the CFA program. Jeffrey R. Lindell jrl bonds 15 Research Assistant Jeff joined Sit Investment Associates in October 2008 where he worked as a Portfolio Accountant before joining the fixed income team in July 2011. His current responsibilities include credit research and analysis on individual fixed income securities and assisting in the development and processing of quantitative and qualitative analytical tools for fixed income portfolio management. He received a B.A. in Financial Management from the University of St. Thomas in June 2007 and is currently a candidate in the CFA program. Marci A. Lorge mal bonds 16 Senior Client Administrator Marci joined Sit Investment Associates in April 1988 after serving as Operations Manager at IRI Securities. Prior to that she worked for Miller & Schroeder Financial in Operations. She currently serves as a Senior Client Administrator and provides support to the fixed income portfolio managers and traders. Marci also fills a liaison role between the fixed income and client administration departments. She received a B.S. in Business Administration and French with a minor in Economics from the University of Wisconsin, Steven’s Point in 1978. Brian R. Gilbert brg bonds 17 Computer Decision Support Associate Brian joined Sit Investment Associates in August 1994. Brian is currently responsible for developing and running the quantitative analytical tools for fixed income portfolio management. Before joining the fixed income team, Brian worked in operations for Sit Investment as a client administrator. Prior to joining SIA, he spent more than two years with Norwest Mortgage, Inc. in the mortgage pooling division. Brian received a B.S. in Management and a B.S. in Computer Information Systems from Northwestern College in 1990. Robert B. Harrigan rbh marketing 1 Vice President - Institutional Marketing Rob joined Sit Investment Associates in September 1994. His primary responsibility is Sit Fixed Income institutional marketing. Rob served for 12 years as Vice President of Sales and Marketing in the financial services industry for EduServ Technologies, Inc. Prior to EduServ, Rob spent 13 years with First Bank Minneapolis where he was vice president with primary profit and loss responsibility for a separate line of business providing student loan processing services to financial institutions and secondary markets across the United States. He is a graduate of Notre Dame in 1966 and the Stonier Graduate School of Banking at Rutgers in 1974. Scott A. Spalding sas marketing 2 , CFA Institutional Marketing Scott joined Sit Investment Associates in July 2006. His primary responsibility is marketing Sit Investment Associates’ equity investment styles to the institutional marketplace. Scott came to SIA after seven years with FAF Advisors in Minneapolis, where he was Director of Consultant Relations. Prior to FAF Advisors, Scott was at Piper Jaffray for five years where he was responsible for the sales and marketing of Piper’s Employee Stock Purchase Plan services. He received a B.S. in Accounting with a minor in business administration and economics from Winona State University in 1994. Rick B. Schuett rbs funds 1 , CFA Rick is Sit Mutual Funds Manager of Investor Services and is a limited principal with Sit Mutual Funds. He is responsible for all investor services, including the transfer agent relationship, and is liaison to financial intermediaries. Rick also oversees direct sales. Rick is a graduate of St. Cloud State University and completed his CFA in 2001. He is Series 7 licensed. Prior to joining Sit Mutual Funds in 1995, Rick was with IDS Financial Services and Textron Financial. Steven P. Benjamin spb funds 2 , CEBS, CRPC Steve is Manager of Advisor and Retirement Plan Services for Sit Mutual Funds. His work includes servicing financial advisors, retirement plan participants and administrators. Steve specializes in retirement plans, including IRAs, SEPs and others. He is a graduate of Hamline University and is Series 7 licensed. Before joining Sit Mutual Funds, Steve worked in retirement plan administration at American Express Financial Advisors and Minnesota Mutual Life. Kathleen D. Larkin kdl funds 3 Kathleen is Communications Manager for the Sit Mutual Funds and is responsible for all communications and marketing media. Her work also includes shareholder events and media and community relations. She coordinates the Sit Mutual Funds intern program and various special projects as well. Kathleen previously worked in a variety of roles in communications and marketing in several industries, including banking, retail, public accounting, not-for-profit and medicine prior to joining Sit Mutual Funds in 1998. Scott M. Lambrecht sml funds 4 Scott produces the Sit Mutual Funds website and serves as database analyst and Morningstar liaison. He collaborates on special projects within the organization, including advertising, and is an auxiliary client services representative. Scott joined Sit Mutual Funds as an intern in 1995 while a student at the University of Minnesota. Mark S. Milner msm funds 5 Mark Milner provides assistance to shareholders and non-shareholders with investment and account management issues. He is Series 7 and Series 66 licensed and a graduate of Iowa State University where he majored in both Finance and Management Information Systems. Prior to joining Sit Mutual Funds, Mark worked as a Financial Advisor at Ameriprise Financial in Minneapolis. Joe H. Lepinski jhl funds 6 As an investor services representative, Joe assists investors with investment issues and shareholder account management. He is series 7 and 63 licensed and a graduate of the University of St. Thomas where he majored in Financial Management. Prior to joining Sit Mutual Funds, Joe worked as an investment advisor at Raymond James Financial Services in St. Paul.