Benjamin B. Napier, CFA®

Executive Vice President & Director of Manager Research

bnapier@stmmltd.com

As Executive Vice President and Director of Manager Research, Mr. Napier is responsible for evaluating outside investment management organizations via qualitative interviews and statistical analysis. Mr. Napier is one of seven members on STMM’s Wealth Management Program Investment Committee where he contributes to the selection of third party investment managers and structuring portfolios with multiple asset classes.

Mr. Napier has been actively involved in managing investment portfolios for over 20 years. Prior to joining STMM at the beginning of 2011, Mr. Napier operated his own registered investment advisory firm, Cutlass Investment Consulting, LLC, where he acted as the firm’s Chief Executive Manager and lead Portfolio Manager.

Prior to founding Cutlass Investment in June of 2010, Ben was the Chief Investment Officer for Robert Harrell, Incorporated for the period from 1997 through June of 2010. While at Robert Harrell, Incorporated, Mr. Napier was involved in the management of approximately $240 million of discretionary client assets and the oversight of an additional $1.4 billion of non-discretionary consulting relationships as of December 31, 2009. His duties at Robert Harrell included setting investment objectives, developing asset allocation strategy, researching and analyzing investments and investment managers, structuring investment portfolios, monitoring and re-balancing portfolios, maintaining databases, performance analysis, client reporting and client meetings. From 1994 to 1997, Mr. Napier was an analyst and junior consultant at Robert Harrell.

Mr. Napier received his BBA in Finance from Southern Methodist University in 1991 and an MBA in Finance from Texas A&M University in 1994. He has been a Chartered Financial Analyst since 1998 and is an active participant in the CFA Society of Austin.