Our People

Founders

Isidoro Korngold, Chairman
  • B.S. Economics – The Wharton School, University of Pennsylvania, 1961
  • M.S. Urban Studies – Yale University, 1965
  • FINRA Licenses: Series 7, 24, and 63
John L. Kauth III, C.P.A.,
Chief Executive Officer
  • B.B.A. – Finance, Texas A&M University, 1977
  • C.P.A., 1983
  • FINRA Licenses: Series 3, 4, 7, 24, 27, 54, and 63

Principals

Michael J.C. Roth, C.F.A. - President
  • B.S. Physics – U.S. Air Force Academy, 1963
  • M.S. Research and Development Systems Management - University of Southern California, 1970
  • C.F.A. 1978
  • FINRA Licenses: Series 7, 24, and 63
  • CEO, USAA Investment Management Co., 1986-2001
Charles D. Lutz III,
Chief Operating Officer
  • B.A. Psychology and Sociology - Trinity University, 1971
  • Graduate, Southwestern Graduate School of Banking at Southern Methodist University, 1978
  • FINRA Licenses: Series 7, 24, 63, and 65
  • CEO, Bank One Central and South Texas, 1995-2004

Business Development

Kenneth Korngold,
Vice President International
  • B.B.A. University of Texas at Austin, 1993
  • M.A. Latin American Studies - Graduate School of Arts and Science, New York University,1999
  • M.A. International and Public Affairs - Columbia University, 2000
  • FINRA Licenses: Series 7, 24, 27, 53, 63, and 65
John Hennessy, C.F.C. - Vice President of Business Development
  • B.B.A. Finance - University of Texas at San Antonio, 1986
  • Chartered Financial Consultant, 1993
  • FINRA Licenses: Series 7, 24, 63, and 65
Randall Pollock, Vice President of Business Development
  • B.B.A. Texas A&M University, 1985
  • M.A. Human Resource Development - School of Management, Webster University, 1995
  • FINRA Licenses: Series 7, 63, and 65
Roger Eth, Vice President of Business Development
  • B.A. Economics, Spanish, Ibero-American Studies, University of Wisconsin - Madison, 1983
  • M.A. Latin American Studies - Graduate School, Georgetown University, 1985
  • FINRA Licenses: Series 7 and 63

Trading

Alfredo La Rosa, C.F.A. - Executive Vice President of Investments
    B.S. Civil Engineering - Pontificia Universidad Catolica del Peru, 1987
  • M.B.A. University of Texas at Austin, 1990
  • M.S. Civil Engineering - University of Texas at Austin, 1991
  • C.F.A., 2006
  • FINRA Licenses: Series 3, 4, 7, 24, and  63
Jerry Orosco, Fixed Income Trader
  • B.B.A. Management and International Business - University of Texas at San Antonio, 1997
  • FINRA Licenses: Series 7, 24, and 63
Guillermo Borrego, Fixed Income Trader
  • B.B.A. Finance - University of Texas at San Antonio, 1997
  • Level III Chartered Financial Analyst Candidate
  • FINRA Licenses: Series 6, 7, 24, 63, and 66

Operations & Compliance

Marilyn Reynolds, Executive Vice President Operations
  • A.A.S. - University of Phoenix, 1998
  • FINRA Licenses: Series 7, 24, 52, 63, and 65

Information Technology

Manuel Castillo, Information Technology
  • B.S. Computer Systems - Universidad Autonoma del Noreste, 1992