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The Straus Group

Tradition. Focus. Achievement.
Active Managers Who Stand Apart.

We are active investors dedicated to building client wealth through investments in undervalued U.S. equities. Rich in history, our team was founded in 1947 and is led by renowned investor Marvin Schwartz. We believe equity management should be about investing in businesses. In the near term, a stock may move up and down based on broader macro concerns, but eventually its fundamentals will prove essential to equity performance.

The Straus Group: (from left) Taylor L Glasebrook, Henry Ramallo, David I. Weiner, Marvin C. Schwartz, Stephanie J. Stiefel, Richard J. Glasebrook, II, Joshua Bronstein & Charlie Schwartz

News & Insights

 

The Straus Group at a Glance


Client-Focused

  • Hands-on, customized investment solutions for clients
  • Direct interaction with Portfolio Manager
  • Partner with our clients’ trusted advisors to create multidimensional solutions that can incorporate investment, financial and tax planning, and trust and charitable giving strategies


Disciplined Investment Process

  • Fundamentals-based approach to U.S. mid-cap and large-cap value investing
  • Investment process that relies heavily on proprietary research and meetings with company management
  • Focus on identifying undervalued companies with strong financial characteristics and shareholder-focused managements

Investment experience and research expertise

  • Rich team history from 1947 when founded by Philip Straus
  • Over $9 billion in assets under management for individuals, families and institutions including numerous multi-generational family clients*
  • Portfolio managers average 41 years of industry experience across a variety of sectors*
 

A Rigorous Continuous Research Process

Our research focuses on identifying undervalued companies with strong financial characteristics and shareholder-focused managements. We draw ideas from many sources, including our own proprietary research, Neuberger Berman’s Global Equity Research department, outside analysis of companies and macroeconomic trends, and myriad contacts across many industries.

Building Trust

“There are no secrets. For us, what makes things happen is hard work. If you want to achieve strong equity returns on a long-term basis, we believe you need discipline, process and a willingness to put in long hours, day after day, year after year.”

 

Integrated Wealth Management Solutions

The Straus Group partners with our clients’ trusted advisors to create multidimensional solutions that can incorporate investment, financial and tax planning, and trust and charitable giving strategies.

Investment Management

We offer customized, risk-balanced strategies designed to help address each client’s needs and goals.

  • Separately managed accounts
  • Flagship flexible equity, fully invested and fixed income strategies
  • Liquidity management

Asset Allocation and Asset Location

We take the time to understand each client’s objectives, needs, time horizons and attitude toward risk across different accounts, and develop customized strategies for each.

  • Taxable and tax-deferred accounts
  • Trust and custody accounts

Wealth Planning

We partner with clients and their advisors to help mitigate the impact of taxes and implement investment solutions within wealth transfer strategies.

  • Tax-aware investing
  • Charitable giving solutions
  • Able to deploy Neuberger Berman Trust Company for personal trust and institutional fiduciary services

Meet Our Team

Marvin Schwartz

Managing Director & Senior Portfolio Manager

Richard J. Glasebrook , II

Managing Director & Senior Portfolio Manager

David I. Weiner

Managing Director & Senior Portfolio Manager

Henry Ramallo

Managing Director & Senior Portfolio Manager

Stephanie J. Stiefel

Managing Director & Head of Client Development

Charlie Schwartz

Senior Vice President & Associate Portfolio Manager

Taylor Glasebrook

Senior Vice President & Associate Portfolio Manager

Joshua Bronstein, CFA

Vice President & Wealth Advisor

Steven Albanesi

Senior Portfolio Associate

Maureen Bowen

Administrative Coordinator

Evelyn Enciso

Supervisor & Senior Trading Associate

Rose Galluzzo

Portfolio Associate

Mary Gattuso

Senior Portfolio Associate

Allyson Horowitz

Trading Associate

Alison Lage

Senior Portfolio Associate

Jean Panko

Senior Portfolio Associate

Eileen Pellegrino

Senior Portfolio Associate

Eileen Pellegrino

Senior Portfolio Associate

Eileen Pellegrino, Senior Portfolio Associate, joined the firm in 1999. As a Senior Portfolio Associate, Eileen works closely to coordinate efforts between clients and portfolio managers. She oversees onboarding, facilitates daily maintenance requests, monitors client portfolios and interacts with client representatives such as accountants and attorneys to ensure a seamless experience for clients. Eileen started her career at Neuberger Berman as a Portfolio Administrator in the Nelson Group, before joining the Straus Group in 2002. Eileen earned a BA in Economics from Binghamton University and holds the FINRA Series 7 and 63 licenses. When not in the office, Eileen is actively involved in her children's school and extracurricular activities. She enjoys attending sporting events for her children.

Courtney Perez, CFP®

Senior Portfolio Associate

Courtney Perez, CFP®

Senior Portfolio Associate

Courtney Perez, Senior Portfolio Associate, joined Neuberger Berman 2008. As a Senior Portfolio Associate, Courtney works closely with the Straus Group Portfolio Managers and other team members to effectively service client portfolios including overseeing onboarding, monitoring client portfolios and coordinating with clients’ representatives such as accountants and attorneys. Courtney other responsibilities include leading the Straus Group’s financial planning analysis efforts, where she works with clients to identify their long term goals, review their financial status and analyze how those goals can be achieved. In her free time, Courtney enjoys traveling around the world, cooking and watching European soccer. Courtney is a graduate of James Madison University. She holds her FINRA Series 7 and 66 securities licenses and is a CFP® certificant.

Alison Petrillo

Portfolio Associate

Maria Prainito

Senior Portfolio Associate

Donna Raffanello

Senior Trading Associate

Caroline Shapiro

Portfolio Associate

Patricia Yanez

Senior Portfolio Associate

To learn more about the Straus Group, please call us at 212.476.9094 or email us at strausinfo@nb.com.

*As of 3/31/2018

This material is intended as a broad overview of the portfolio managers’ current style, philosophy and process. This material is presented solely for informational purposes and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness or reliability. All information is current as of the date of this material and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Certain products and services may not be available in all jurisdictions or to all client types. Investing entails risks, including possible loss of principal. Past performance is no guarantee of future results.

The portfolio managers of The Straus Group may make both collective and independent investment decisions for client portfolios. As a result, portfolios will experience greater dispersion (e.g., variation in individual portfolio manager’s investment performance) than they otherwise would, had all investment decisions been made collectively. Dispersion can also be impacted by factors including, but not limited to, individual client investment objectives and guidelines, tax considerations, firm and regulatory trading restrictions, allocation of investment opportunities, order of execution, and method and timing of funding. The Straus Group manages accounts that may have concentrated holdings. A strategy that invests a higher percentage of its assets in any one issuer could increase the risk of loss and volatility, because the value of issue holdings would be more susceptible to adverse events affecting that issuer.

Neuberger Berman Investment Advisers LLC is a registered investment adviser and an affiliate of Neuberger Berman BD LLC, a registered broker-dealer and member FINRA/SIPC.

The “Neuberger Berman” name and logo are registered service marks of Neuberger Berman Group LLC.