Investment Team![]() Frank K. Martin, CFAFrank has 42 years of investment industry experience. He founded McDonald Capital Management, Inc., in 1987, and the firm was reorganized as a partnership in 1991 and renamed Martin Capital Management. He graduated from Northwestern University in 1964 with a major in investment management. Frank earned an MBA, with honors, including membership in Beta Gamma Sigma, the honor society of collegiate schools of business, from Indiana University at South Bend in 1978. From 1964 to 1966 Frank served as an officer in the U.S. Navy. Frank has served on the board of directors of several manufacturing companies, as well as a variety of social service organizations. He is currently a member of the boards of the Elkhart General Hospital Foundation, Fourth Freedom Forum, Sauder Stewardship Foundation, Inc., Western Reserve Partners LLC, and the Frank Martin Family Foundation.
He is founder and chairman of the board of DreamsWork, a mentoring and scholarship program for inner-city children. Frank published a biography of his father, William F. Martin, in 2000. In December 2005 Frank published the book, Speculative Contagion.
![]() Adam SeesselAdam Seessel, Director of Research at MCM, graduated summa cum laude from Dartmouth College in 1985. Through his 20s, Seessel worked as a journalist and investigative reporter in North Carolina, winning the prestigious George Polk Award in 1991. In 1995, he took his investigative and analytical skills to Wall Street first as a junior analyst for Sanford C. Bernstein, and later as an analyst at Baron Funds. Having caught the value-investing bug from Warren Buffett, he moved to Davis Selected Advisers, a legendary value-based investment firm with $60 billion under management. For his research contributions, Seessel was named Davis' first-ever Managing Director. In 2003, he left to start Gravity Partners as a long/short hedge fund. Over time he came to find that the hedge-fund universe generally did not employ the same rigor used in buy-and-hold value analysis. Thus in 2008, he began the Gravity Long-Biased Fund -- a hybrid vehicle that sought to combine the research discipline of the traditional long-only world with the investment flexibility of the alternative universe. The Long-Biased Fund was down only 6% in 2008 net of fees and beat the market in 2009. The ability to preserve capital in the downturn and make money during the upswing, he says, is attributable not to market timing, but to a disciplined research process that takes advantage of securities when they are clearly on sale. Adam Seessel follows the physician’s cardinal rule: First, do no harm.
![]() Aaron J. Kindig, CFAAaron joined MCM in December 2002 as a financial analyst and later became a portfolio manager. In 2008 he also assumed the role of Chief Trader. He earned a BA in accounting and business administration from Bluffton College (Ohio) in 1995. His honors include the Financial Executives Institute Award and Pi Delta Honor Society. Aaron spent three years in the banking industry, followed by almost five years in investment services. He earned the CFA designation in 2003 and is a member of LaCasa Lending Advisory Committee, Goshen; and a mentor for DreamsWork.
![]() Zachary M. Clark, J.D.Zack Clark received his B.A. from Centre College in 2000 and his J.D. from the University of Toledo College of Law in 2005. Zack came to MCM from the law firm of Niehaus and Associates in Toledo. A specialist in corporate law, Zack handled cases involving bankruptcy reorganization, business and commercial real estate, labor issues, and commercial litigation and arbitration. He focused his practice on mergers and acquisitions, which stoked his interest and sharpened his skills in security analysis. He is a member of the Board of Trustees of the Perrysburg Way Public Library, and a member of the Morrison R. Waite American Inn of Court, an amalgam of judges, lawyers, law professors, and law students designed to improve the skills, professionalism and ethics of the bench and bar.
![]() Clint S. LemanClint joined Martin Capital in May 2008 as a junior research analyst after graduating from Indiana University South Bend. It was there that he earned a BS in Busniess and Economics and majored in Finance. He also earned membership in Beta Gamma Sigma, the Financial Management Association International National Honorary Society, and received the Finance Award. Clint is currently studying for his Chartered Financial Analyst exams.
![]() Gary J. SieberGary Sieber, Chief Marketing Officer at MCM, received his B.A. in American Studies from the University of Notre Dame in 1981, graduating magna cum laude and Phi Beta Kappa. He has worked in local and national media – broadcast, print, and online – for more than 30 years and has taught Broadcast Journalism since 1991 as a member of the Film, Television, and Theatre faculty at Notre Dame, specializing in writing, ethics, and law. Sieber has also served as FCC regulatory compliance director and media law (First Amendment and libel/defamation) consultant for broadcast outlets. He has twice won finalist awards from the prestigious New York Festivals for his documentary writing. A voracious reader, Sieber gravitated toward value investing by reading Benjamin Graham’s The Intelligent Investor. He attracted the interest of MCM founder Frank Martin as host of a 2007 panel discussion on Public Television which explored the topic of the looming sub-prime mortgage crisis and its impact on the markets and broader U.S. economy. Sieber approaches marketing at MCM in similar fashion to his journalistic endeavors: as the conduit of a helpful message and beneficial service to an intelligent audience.
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