Our investment professionals have experience spanning more than two decades of market cycles and hail from a variety of backgrounds including research, trading, and portfolio management.
Chief Executive Officer
Portfolio Manager, Investment Grade Corporate Bond Investments
Mr. Klein, who has nearly 30 years of industry experience, is the Lead Portfolio Manager for the Granite Springs Total Return Fund. Previously, Mr. Klein served as the President and Chief Investment Officer of Citation Advisors, LLC, a subsidiary of Mitsubishi Corporation Asset Management. Prior to Citation Advisors, he served as a Senior Managing Director, Lead Portfolio Manager, and member of the Executive Committee at Aladdin Capital Holdings LLC, where he managed credit assets including the Citation Funds. Prior to Aladdin, Mr. Klein was a Managing Director at Dresdner Kleinwort LLC. As the head of credit asset management in the U.S. (2004-2008), he directed a group that managed a multibillion dollar portfolio of long/short proprietary assets. From 2001-2003, he was the head of credit flow trading in the U.S. for Dresdner. Mr. Klein has also worked at Paine Webber International Ltd., Oppenheimer & Company Inc., and Salomon Brothers Inc., where he held various credit trading and management roles. Mr. Klein holds a bachelor’s degree in Government from Cornell University.
Chief Investment Officer
Portfolio Manager, Corporate Bond Investments
Randy Masel began his career on Wall Street as a corporate bond analyst at Paine Webber, Inc., where he held several senior-level research positions and ultimately became the firm's Head of U.S. Credit Research. Prior to joining Granite Springs in January of 2014, Randy was a portfolio manager and credit analyst with JAE Credit Management. He also formerly held senior-level positions at Millenium Partners, Moore Capital Management, and James Caird Asset Management. Randy has more than 30 years of experience in the credit markets as a banker, credit analyst, and portfolio manager. Upon his arrival in 2014, Randy launched the high-yield corporate bond strategy. He serves as a key asset to the other financial advisors on the team in addition to running this portfolio.
Randy earned a Bachelor of Arts from Washington University in St. Louis in 1977 and an MBA from Harvard University in 1981.
Chief Compliance Officer
Mr. Weiss joined the firm in August 2016 as the Compliance Officer of R.Seelaus & Co. and Granite Springs Asset Management, LLC. He is responsible for ensuring that the firm and its employees are in compliance with industry and internal policies and procedures. In addition, Craig supervises the daily sales activity of the firm’s registered representatives. His career in compliance began almost 25 years ago writing policies and procedures for Merrill Lynch. His experience with fixed income started in 1995 when, for the next 14 years, Craig served as a Compliance Officer and then the Assistant Branch Manager for the flagship office of J.B. Hanauer & Co. He has since been responsible for compliance and supervision at several broker dealers and investment advisory firms including the Chief Compliance Officer at MJ Whitman and Belle Haven, another firm specializing in fixed income. Mr. Weiss is a graduate of Brandeis University with a bachelor’s degree in American Studies/Legal Studies.
Managing Director, Municipal Bond Investments
Tom Dalpiaz has over 30 years of experience in the municipal bond investment business. He started as a municipal bond credit analyst at Bank of New York, Merrill Lynch, and Weiss, Peck & Greer. Tom later transitioned from credit analysis to bond portfolio management and subsequently spent time working at Weiss, Peck & Greer, Sage Capital Management, Neuberger Berman, and Advisors Asset Management. In 2013, Tom joined Granite Springs as a managing director, tasked with overseeing bond portfolios for the firm's clients. In this role, he not only manages assets but also trades and researches the municipal bond market and regularly publishes a market commentary. Tom has had a series of articles published in Forbes and is the author of “Managing Municipal Bond Portfolios For High-Net-Worth Investors,” a chapter found in The Handbook of Municipal Bonds by Sylvan G. Feldstein and Frank J. Fabozzi.
Tom has a Bachelor of Arts in History and an MBA in Finance from Hofstra University. He holds FINRA licenses 7, 24, 63, and 65.
Senior Vice President
Raphaella Eliseo joined Granite Springs in March of 2010, bringing with her more than 20 years of experience working with private clients and institutional investors. Raphaella manages the the firm's administrative operations, including portfolio accounting and performance reporting, and ensures that Granite Springs complies with the CFA Institute's Global Investment Performance Standards (GIPS®). Prior to joining Granite Springs, Raphaella was a sales assistant at Brown Brothers Harriman & Co. for 7 years and a portfolio administrator at Williams, Jones & Associates for over 15 years.
Raphaella earned an Associate of Science degree in Business Administration from Kingsborough College.
Investment Advisor Representatives
Senior Vice President
Joe Felicetti began his career as an accountant with Smith Barney in 1983. While working full-time during the day, he attended night school at Fordham University. Since then, Joe has specialized in working with retirees and their heirs to protect their principal and ensure that their money lasts. He joined R. Seelaus & Co. in June of 2002 and Granite Springs in January of 2013. His practice focuses on retirement distribution and estate planning. Through February 2016 Joe was a member of Ed Slott’s Elite IRA Adviser Group.
Joe graduated from the Gabelli School of Business at Fordham in 1987 with a bachelor’s degree in Public Accounting & Finance. He holds FINRA licenses 7, 63, and 65.
Senior Vice President
Mary Parker has over 30 years of experience in the financial services sector. Before joining R. Seelaus & Co. in September of 2006 and Granite Springs in January of 2013, she was the first woman to be named to the management team within the municipal bond department at Merrill Lynch. Mary served as Vice President and Manager of Merrill's Northeast Municipal Bond Region, operating as a trader and underwriter of new issues. From there, Mary moved to McConnell, Budd & Romano in Morristown, NJ, a private investment banking and financial advisory firm focused solely on the bank and thrift sector. She helped the firm successfully launch a high-net-worth group while simultaneously heading the equity trading desk. Mary is a graduate of St. Lawrence University with a degree in Economics.
Mary advises high-net-worth individuals and families by helping them set financial goals in order to reach and maintain financial independence. Her expertise includes portfolio management as well as retirement, legacy, and estate planning. Mary also sits on the Granite Springs Management Committee.
She is licensed in life and health insurance through the NJ State Department of Banking and Insurance.
Mary is the Chair of the Summit YMCA Advisory Board. She is also on the Board of Trustees for the Greensboro Association in Greensboro, VT.
She holds FINRA licenses 4, 7, 24, 53, 55, 63, and 65.
Executive Vice President
Paul Stierhoff has over 30 years of experience in the investment industry. As a CERTIFIED FINANCIAL PLANNER™ (CFP®) practitioner since 2003, Paul brings a wealth of knowledge and portfolio management expertise to his clients, working with high-net-worth individuals, families, business owners, corporations, and non-profits. Paul got his start in Merrill Lynch's futures division, before transitioning to roles offering more traditional investment services elsewhere on the street. He joined R. Seelaus & Co. in March of 1993 and Granite Springs in January of 2013. From 2013 through 2016, Paul has been recognized as a FIVE STAR Professional Wealth Manager in New Jersey.
Paul is also active in charitable and philanthropic pursuits. He volunteers with Furniture Assist, an organization that provides furniture and household items free of charge to families with recognized needs. He is a trustee of the Henry S. & Agnes M. Truzack Foundation, a private charitable foundation that makes grants to worthwhile non-profit organizations. Paul also acts in an advisory capacity for the Drew University Center for Civic Engagement. Paul has been active in community as both a lacrosse and soccer coach and enjoys playing masters lacrosse in his spare time. He currently resides in Westfield, New Jersey with his wife and three children.
Paul holds FINRA licenses 7 and 63, and is also a CERTIFIED FINANCIAL PLANNER™ (CFP®) practitioner.