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Stack Financial Management
625 Wisconsin Avenue
Whitefish, MT 59937
Toll Free: 800-790-5001
Fax: 800-798-6889
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SFM Portfolio Management Team

Stack Financial Management uses a team approach to investment management. Portfolio Management Team members include James Stack, Annell Danczyk, Joe Laszewski, Zach Jonson, and Catherine Hetrick. All Portfolio Managers are Registered Investment Advisor Representatives who have either passed the NASD Series 65 exam or hold a Chartered Financial Analyst (CFA) designation. Collectively, this group has over 90 years of investment management experience. Additionally, Annell, Joe, and Zach hold the Chartered Financial Analyst designation, while Catherine has a masters degree in business administration, and Joe is also a Certified Public Accountant.

James B. Stack – President and Chief Investment Officer

Meet James B. Stack James Stack, president of Stack Financial Management and founder of InvesTech Research, isn't your typical investment advisor. His office is in Montana, over 2,500 miles away from Wall Street, nestled in a glen of birch, tamarack, cedar and Douglas fir on the shore of Whitefish Lake. But this locale hasn't prevented Jim from helping investors develop an objective, safety-first investment strategy focused on risk management.

Formerly a project manager for IBM Research with a number of domestic and international patents to his credit, Jim has a graduate degree in engineering, with post-graduate study in business. After founding InvesTech Research in 1979, he began publishing the InvesTech Research newsletter in 1982. In 1994, he opened Stack Financial Management. Jim and his staff maintain over a century of financial and market data, and create all of the custom analysis software used by InvesTech and Stack Financial Management.

In addition to addressing numerous investment seminars throughout the world, Jim is frequently quoted in financial publications such as Barron's, Money Magazine, The Wall Street Journal, Forbes and USA Today. He has appeared on PBS' Nightly Business Report, CNBC, CNN, and other leading financial programs.

In June 2000, Jim was awarded a Carnegie Medal in "recognition of an outstanding act of heroism" for a midnight rescue following a boating accident near his home on Whitefish Lake. Working and living near majestic Glacier National Park (a feature Barron's article described it as "Far From the Madding Crowd"), Jim and his wife Lisa spend their rare spare time skiing and white-water kayaking.

Annell Danczyk, CFA – Senior Portfolio Manager

Meet Annell Danczyk

Annell Danczyk is a Senior Portfolio Manager at SFM. She is responsible for securities analysis, trading, and maintaining the technical support criteria for managed portfolios. Upon joining SFM in 2003, Annell worked in account maintenance and client services, enhancing her ability to support and understand the entire client experience. In 2008, she transitioned full-time to the Portfolio Management Team. Annell completed coursework to earn the Chartered Financial Analyst (CFA) designation in 2014.

Annell has a BS degree in chemical engineering from Kansas State University. Upon graduating she worked for Arco Oil and Gas in West Texas and Alaska. For 15 years prior to joining SFM, Annell worked in a variety of technical positions for the U.S. Army, Navy, and the Department of Energy as she followed her husband, a career Army officer, around the United States and across the ocean to Italy and Germany.

Joe Laszewski, CFA, CPA – Senior Portfolio Manager

Meet Joe Laszewski

Joe Laszewski joined SFM in 2016 and serves as a Portfolio Manager on the SFM Portfolio Management Team. His conservative, risk-averse approach to portfolio management, coupled with his accounting background, adds breadth of talent to our SFM team.

Joe earned his Bachelor of Accountancy degree from the University of North Dakota, and is a Certified Public Accountant (CPA). He began his professional career in public accounting and most recently served as a portfolio manager in the asset management division of a large regional bank, serving both institutional and high net worth clients. He holds a Masters of Investment Management and Financial Analysis degree and is a Chartered Financial Analyst (CFA) charterholder.

Zach Jonson, CFA – Senior Portfolio Manager

Meet Zach Jonson

Zach Jonson is the newest member of our elite team of professionals, joining the firm in early 2018 as a Senior Portfolio Manager. He graduated from the University of Colorado with a degree in economics and earned an MBA with a concentration in finance from the University of Denver. Zach holds the Chartered Financial Analyst (CFA) designation.

Prior to joining SFM, he was Senior Vice President of Investment Management at a highly regarded boutique investment firm in Colorado, and has 16 years experience in all aspects of portfolio management. Zach has been quoted in numerous financial publications including The Wall Street Journal, Barron's, and Bloomberg.

Catherine Hetrick – Vice President and Senior Portfolio Manager

Meet Cathy Hetrick

Cathy Hetrick is Vice President at SFM and also serves as a Senior Portfolio Manager, concentrating on sector analysis, portfolio composition, and securities research and selection. In addition, she is the firm's Compliance Officer.

Cathy originally helped Jim start InvesTech Research over 40 years ago, and in 1997 returned to work at the firm on a full-time basis. Prior to joining SFM, Cathy was employed as a field representative with the Joint Commission on Accreditation of Healthcare Organizations (JCAHO) and served for ten years as Manager of Laboratory Services at Kalispell Regional Medical Center. She earned her MBA from the University of Montana and her undergraduate degree from the University of Colorado.

Please review Important Disclosure Information

Investments reside at an independent custodial institution. The client maintains free and clear ownership of portfolio assets at all times.