CLS Investments

CLS Investments
17605 Wright Street
Omaha, NE 68130
Phone: (888) 455-4244
Phone: (402) 493-3313
Fax: (402) 493-2811

Articles by CLS Investments

Marc Pfeffer
Chief Investment Officer

Marc Pfeffer

Marc Pfeffer serves as Chief Investment Officer for CLS Investments. Prior to this role, he was a Portfolio Manager on the CLS Flexible Income Fund team, and managed the CLS Active Income X Strategy and CLS’s ETF strategies. He also managed individual municipal bond portfolios for the CLS Master Manager Strategy and continues to serve as a senior member of the CLS Investment Committee.

Mr. Pfeffer joined CLS in 2011, continuing as Senior Portfolio Manager for the Milestone Treasury Obligations Fund. The Fund was incorporated into CLS’s fund family in January 2012. Mr. Pfeffer has more than 30 years of investment management experience, including time spent as the Chief Investment Officer at Milestone. He also worked previously at Goldman Sachs and Bear Stearns.

Mr. Pfeffer graduated from the State University of New York at Buffalo with a Bachelor of Science degree in finance. He received his Master of Business Administration degree, with a focus on finance, from Fordham University. Mr. Pfeffer holds his FINRA Series 7, 63, and 65 licenses.

Grant Engelbart, CFA, CAIA
DIRECTOR OF RESEARCH & SENIOR PORTFOLIO MANAGER

Grant Engelbart

Grant Engelbart manages CLS’s aggressive mutual funds and several ETF and mutual fund separate account strategies, including CLS’s American Funds portfolios. He also leads the alternative broad asset class team and serves on several committees across CLS’s parent company, NorthStar Financial Services Group, LLC.

Mr. Engelbart first joined CLS as an intern in 2007. He returned in 2009 and held several roles in trading and investment research prior to accepting the role of Portfolio Manager in 2013. He previously held positions at TD Ameritrade and State Street Corporation.

Mr. Engelbart received his Bachelor of Science degree in Finance from the University of Nebraska at Lincoln. He holds the Chartered Financial Analyst (CFA) designation, Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA Society of Nebraska and the CAIA Chicago Chapter.

Mr. Engelbart was named one of the Top Ten Money Managers to Watch by Money Management Executive in 2018.

More Articles

The Day Commissions Died

The Day Commissions Died

By Grant Engelbart, CFA, CAIA – Director of Research & Sr. Portfolio Manager, CLS Investments Where were you on Oct.…

The Various Flavors of Quality ETFs

The Various Flavors of Quality ETFs

By Kostya Etus, CFA, CLS Investments Everyone loves high quality! How could they not? The word “quality” is synonymous with “good,”…

Defense Wins Championships

Defense Wins Championships

By Kostya Etus, CFA, Senior Portfolio Manager, CLS Investments There are several variables investors can control when investing, including the cost,…

How Investors Can Win By Losing Less

How Investors Can Win By Losing Less

By Grant Engelbart, CLS Investments Risk Budgeting focuses on the management of volatility in client portfolios. This manifests itself in the…

The Pitfalls of “Resulting”

The Pitfalls of “Resulting”

By Joe Smith, CFA, CLS Investments As a portfolio manager, I generally have a pretty busy schedule. But something I really…

ESG Investing: Myths & Truths

ESG Investing: Myths & Truths

By Kostya Etus, CLS Investments Col. Jessep: You want answers? Kaffee: I WANT THE TRUTH! Col. Jessup: YOU CAN’T HANDLE THE…

Is it Time to Buy Turkey?

Is it Time to Buy Turkey?

By Kostya Etus, CFA – Portfolio Manager ETFs are a modern marvel, allowing investors to allocate to exposures such as…

ETF Expense Ratios: The Race to Zero

ETF Expense Ratios: The Race to Zero

By Kostya Etus, CFA, CLS Investments “Nothing? Who do you think you’re dealing with? Nothing costs nothing.” — Terry Benedict, Ocean’s…

Not Everything in ETFs is Growing

Not Everything in ETFs is Growing

By Grant Engelbart, CLS Investments The explosive growth within the ETF market has been spurred by the numerous benefits ETFs offer…

Demystifying Liquid Alternatives

Demystifying Liquid Alternatives

By Grant Engelbart, CLS Investments One of our latest investment themes, Be Creative, emphasizes the use of alternative assets in portfolios.…

The Evolution of the ETF Industry

The Evolution of the ETF Industry

By Mark Matthews – Investment Research Analyst, CLS Investments The exchange traded fund (ETF) industry has experienced rampant growth, expansion, and…

Do Active ETFs Outperform?

Do Active ETFs Outperform?

By Grant Engelbart, CLS Investments As I suggested in a previous post, active mutual fund managers, in aggregate, do show some…

There’s an ETF for That!

There’s an ETF for That!

By Kostya Etus, CFA – Portfolio Manager at CLS Investments, LLC We all know and love ETFs. They mark an…

Getting Active in 2018

Getting Active in 2018

By Grant Engelbart, CLS Investments Some of the most common New Year’s resolutions are to work out more, lose a…

Is International Still Undervalued?

Is International Still Undervalued?

By Kostya Etus, CFA, Portfolio Manager CLS Investments International markets are having a standout year and finally outperforming the U.S. market for…

Investors: Think Big by Going Small

Investors: Think Big by Going Small

By Joe Smith, CFA, CLS Investments Small-cap stocks have long offered investors opportunities to capture sizable gains either through index exposure…

The Market ≠The Dow

The Market ≠The Dow

By Grant Engelbart, CLS Investments “The market is up 100 points today!” How often do you hear that comment? Some of…

The Battle of Acronyms: SRI Vs ESG

The Battle of Acronyms: SRI Vs ESG

By Kostya Etus, CFA, CLS Investments Values-based investing has been making headlines and growing a lot of assets recently. What is it?…

Investing involves risk including the risk of loss of principal. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs’ net asset value. Brokerage commissions and ETF expenses will reduce returns.

SPDR® S&P 500® ETF Trust is an exchange traded fund structured as a unit investment trust listed on NYSE Arca, Inc., and seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index.

Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation’s financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.

Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is distributor for SPDR S&P 500, SPDR S&P MidCap 400 and SPDR Dow Jones Industrial Average, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC.

None of State Street Corporation, State Street Global Advisors, SSGA Funds Management, Inc. or any of their affiliates or subsidiaries (“State Street”) are affiliated with ETF Trends or any ETF Strategist. However, State Street may enter into, and may have entered into, certain marketing arrangements with one or more ETF Strategists, including arrangements relating to SPDR® ETFs. State Street does not endorse any ETF Strategist and disclaims any liability associated with any ETF Strategist.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit www.spdrs.com. Read it carefully.

To learn more about being profiled on the ETF Trends ETF Strategist Channel, please email tlydon@ETFtrends.com.