About Us

About ValMark Advisers, Inc.

ValMark Advisers, Inc. is the advisor to the TOPS® ETF Portfolios. The Optimized Portfolio System(TOPS®) is one of the longest running and most successful ETF portfolio management programs in the country. ValMark Advisers is an affiliate of ValMark Securities, Inc., a national independent broker dealer specializing in equity, investment advisory and risk management products, and support services for the nation’s top echelon of wealth transfer and corporate insurance firms.

History

1963

ValMark Founded

ValMark Securities is founded (fmr. Executive Insurance Agency)

1997

ValMark Advisers, Inc.

Founded & registered with SEC under investment Adviser’s Act of 1940

2002

ValMark Designs

The Optimized Portfolio System (TOPS®)

2005

ValMark Creates

Collective Investment Fund Program

2011

ValMark Launches

The TOPS® Variable Insurance Trust Portfolios

Meet the Team

Chief Investment Officer/SVP

MICHAEL MCCLARY

RESPONSIBILITIES AT VALMARK ADVISERS

Chief Investment Officer –

Responsible for coordinating all investment management solutions for ValMark Advisers and ValMark Institutional, including, TOPS®, TOPS® Strategic Allocation Portfolios, the TOPS® Managed Risk ETF Portfolios, and ValMark ACCESS® and ValMark ACCESS Plus®.

CAREER HIGHLIGHTS

LEAD PORTFOLIO MANAGEMENT– The Optimized Portfolio System (TOPS®) since 2003. TOPS® is one of the nation’s longest running and most successful ETF management programs.

DEVELOPER/DESIGNER– ValMark Investment Alliance, an entity designed to expand the scope and access of ValMark’s investment management division.

NATIONALLY recognized as one of the first three members of the IMN / Research Magazine “ETF Advisors Hall of Fame” in 2007.

NAMED as one of “10 Rising Stars” by ETFReport in 2012.

NAMED as one of “10 All Stars” in the ETF industry by ETFReport in 2014.

COLLABORATED with the Wall Street Journal, Kiplinger’s, Financial Advisor, and Research Magazine on ETF related topics and has been a featured speaker for organization such as the S&P, the Financial Planning Association (FPA) and ETF.com.

OVERVIEW– Nationally recognized expert in in institutional portfolios management and RIA companies; more than twelve years of senior level experience in broker/dealer and insurance agency management, areas of additional expertise include investments, annuities, personal financial planning, REITs, and life insurance.

EDUCATION, DESIGNATIONS & PROFESSIONAL AFFILIATIONS

Master of Business Administration, Finance

Bachelor of Science, Finance and Financial Services, Magna Cum Laude Member, Cleveland Society of Chartered Financial Analysts

FINRA Series 7, 66 and 24 licenses, Investment Advisor Representative.

Senior Portfolio Advisor

ROBERT LEGGETT

RESPONSIBILITIES AT VALMARK ADVISERS

Senior Portfolio Manager –

Responsible for investment management oversight and reviewing of recommendations and strategies used to manage the ValMark Investment Platforms included in the TOPS® variable investment trust portfolios, the TOPS® collective investment funds, and the various TOPS® separately managed account programs.

CAREER HIGHLIGHTS

CHIEF INVESTMENT OFFICER– FirstMerit Bank- responsible for all aspects of strategic planning and investment results of $2.6 billion client assets.

PARTNER AND CHIEF INVESTMENT OFFICER–Gries Financial, LLC , investment management and financial planning boutique in Cleveland, OH.

PRESIDENT AND MANAGING DIRECTOR–Institutional Trust Division, PNC Bank (fmr.National City Investment Management Company)

DIRECTOR OF EQUITIES–State Teachers Retirement System of Ohio

EDUCATION, DESIGNATIONS & PROFESSIONAL AFFILIATIONS

Chartered Financial Analyst (CFA) & Certified Wealth Advisor (CWA)
Member of the Cleveland Association for Business Economics
BS– The Ohio State University

Vice President

TYLER DENHOLM

RESPONSIBILITIES AT VALMARK ADVISERS

Vice President, Investment Management & Research –

Responsible for investment management processes and research for ValMark Advisers and ValMark Institutional, including TOPS®, TOPS® Core, TOPS Strategic Allocation Portfolios®, and TOPS® Variable Insurance Trusts.

EDUCATION, DESIGNATIONS & PROFESSIONAL AFFILIATIONS

Chartered Financial Analyst (CFA)
BSBA, Finance & Real Estate- The University of Akron, Summa Cum Laude
FINRA Series 7 and 24 Licenses, and Life Health and Variable Insurance License

Vice President

RYAN GILMER, CFA

RESPONSIBILITIES AT VALMARK ADVISERS

Vice President, Investment Management –

Responsible for overseeing ValMark’s Access Plus and Access Plus Select programs, as well as the third party money manager platform. A member of the TOPS® Portfolio Management team, assisting in the day-to-day management and decision making for the TOPS® portfolios.

 

EDUCATION, DESIGNATIONS & PROFESSIONAL AFFILIATIONS

Chartered Financial Analyst (CFA)
FINRA – Series 65
BS, Finance – Ashland University

Director of Advisory Services

FRANK LESSICK

RESPONSIBILITIES AT VALMARK ADVISERS

Director of Advisory Services –

Responsible for relationship management of RIA Member Offices.

CAREER HIGHLIGHTS

Managed Assets Supervisor, McDonald Investments– Supervised the performance reporting for managed account platforms.

National Presenter– ValMark School of Excellence

EDUCATION, DESIGNATIONS & PROFESSIONAL AFFILIATIONS

MBA- Ashland University
BSBA, Finance- John Carroll University
Delta Mu Delta
FINRA Series 7, 24 & 66 Licenses
BS– The Ohio State University

Our Partners

About Milliman Financial Risk Management, LLC

Milliman Financial Risk Management, LLC (Milliman FRM) is a sub-advisor to the TOPS® Managed Risk ETF Portfolios. The firm is a global leader in financial risk management to the retirement savings industry. Milliman FRM provides investment advisory, hedging and consulting services on $150 billion in global assets (as of September 30, 2014). Established in 1998, the practices includes over 100 professionals operating from three trading platforms around the world (Chicago, London and Sydney). Milliman FRM is a subsidiary of Milliman, INC.

About Gemini Fund Services, LLC

Gemini Fund Services, LLC (Gemini) provides fund administration, fund accounting and transfer agent services to the TOPS® ETF Portfolios. Gemini provides comprehensive, pooled investment solutions as an engaged partner to independent advisors. Gemini serves as a resource to advisors bringing their own unique investment vehicles to market, including mutual funds, exchange-traded funds on insurance platforms and more. As a full-services firm, Gemini  provides the administration, accounting and transfer agent/shareholder services that advisors need in order to launch and market successful products. With over 30 years of experience, Gemini brings industry knowledge and insight to help advisors achieve the vision of their product and deliver the most extensive range of solutions to clients.

About TD Ameritrade Trust Company

The Strategic Allocation TOPS® Portfolios are Collective Investment Funds offered by TD Ameritrade Trust Company that utilize the strategies developed by ValMark Advisers, Inc.

TD Ameritrade Trust Company is a Maine-chartered, non-depository trust company and a wholly-owned subsidiary of TD Ameritrade Holding Corporation. The company is not a member of FINRA/SIPC/NFA. It offers trust and custody services, including back-office support, to a wide range of employee benefit plans. Services are provided through institutional clients only, such as third-party administrators, recordkeepers, and Registered Investment Advisors(RIAs). In addition, TD Ameritrade Trust Company serves as trustee of the Strategic Allocation TOPS® Portfolios as described in the Fund Summary Document.

TD Ameritrade Trust Company and ValMark Advisers, Inc. are separate, unaffiliated companies. TD Ameritrade Trust Company is a non-depository trust company and acts as a custodian and/or directed trustee. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. (C) 2015 TD Ameritrade IP Company, Inc.

 

About ValMark Securities, Inc

ValMark Securities is a national independent broker dealer specializing in equity, investment advisory and risk management products and support services for the nation’s top echelon of wealth transfer and corporate insurance firms.

The firm serves as an independent insurance buying cooperative for its Member Offices with an estimated $42 billion of in-force life insurance and approximately $10 billion of client assets with a select group of leading life insurance and investment companies. This combined buy power give Member Offices preferred access and leverage to negotiate the best arrangements on behalf of their clients.

ValMark is affiliated companies include ValMark Advisers, an SEC-registered investment advisory firm, and Executive Insurance Agency, a Master General Agency for general account life insurance products. ValMark added a life settlement brokerage division in 2004.

The Company traces its origins to the founding of Executive Insurance Agency in 1963 by Lawrence S. Rybka, one of the first in the industry to organize his firm around the concept of allowing financial professionals to build independent businesses under their own brand. Rybka was also one of the first pioneers to integrate technical advice with product recommendations by forming attorney/CPA teams to support sales professionals. This technical orientation continues today at ValMark with a high percentage of Members holding a JD, CPA or CFP designation.