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Rating:An Energy Sector Sub-Advisor Hires Two Analysts Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 8, 2013

An Energy Sector Sub-Advisor Hires Two Analysts

Reported by Tommy Fernandez

Miller/Howard Investments has hired John Cusick and Michael Roomberg have joined the firm as senior research analysts on the firm's PM team.

Cusick will focus primarily on upstream and midstream energy-related investments, including the firm’s master limited partnership (MLP) strategy. 

He joins Miller/Howard from Wunderlich Securities, where he served as a vice president, equity research. As head of the firm’s master limited partnership research platform, he led efforts to greatly expand the firm’s formal MLP research offerings and to broaden the firm’s client base. Prior to Wunderlich, Cusick spent 10 years at Oppenheimer covering MLPs, E&Ps and refineries, most recently holding the title of Senior Research Analyst, and previously working under energy analyst Fadel Gheit.

Meanwhile, Roomberg will serve as a generalist, primarily responsible for conducting comprehensive research on income producing stocks in the firm’s income-equity strategy. He joins Miller/Howard from Ladenburg Thalmann & Co., where he served as vice president, equity research. As head of Ladenburg’s water & infrastructure equity research practice, Mr. Roomberg advised institutions on global water investments as well as diversified infrastructure-related equities. Prior to this, Roomberg worked in industrials equity research at Jefferies, E&P and Water equity research at Boenning & Scattergood, and in credit origination at the Overseas Private Investment Corporation (OPIC).

Both will be based in Miller/Howard’s Woodstock, NY offices.

Miller/Howard is a subadvisor for the Touchstone Premium Yield Equity Fund, the Destra Dividend Total Return Fund, the Flex-Funds Utilities and Infrastructure Fund, the Meeder Flex Funds Total Return Utilities Fund, as well as Pax's ESG Managers Growth, ESG Managers Income, ESG Managers Balanced, and the ESG Managers Growth & Income. Here is the press release:
Company Press Release

Miller/Howard Investments Deepens Portfolio Management Team with Addition of Two Senior Research Analysts



  WOODSTOCK, NY (August 6, 2013) - Miller/Howard Investments, Inc. announced today that John R. Cusick and Michael G. Roomberg have joined the firm as Senior Research Analysts on the Portfolio Management team. Mr. Cusick will focus primarily on Upstream and Midstream energy-related investments, including the firm’s Master Limited Partnership (MLP) strategy.  Mr. Roomberg will serve as a generalist, primarily responsible for conducting comprehensive research on income producing stocks in the firm’s Income-Equity Strategy. Both will be based in Miller/Howard’s Woodstock, NY offices.

  Lowell G. Miller, founder, President, and Chief Investment Officer of Miller/Howard, said,   “We are delighted to add analysts of John and Michael’s caliber to our already talented investment team. Both bring considerable experience and expertise that will complement our efforts to manage high-quality portfolios that seek to provide consistent, risk-adjusted returns over time.” 

  Mr. Cusick joins Miller/Howard from Wunderlich Securities, Inc., where he served as a Vice President, Equity Research. As head of the firm’s Master Limited Partnership research platform, he led efforts to greatly expand the firm’s formal MLP research offerings and to broaden the firm’s client base. Prior to Wunderlich, Mr. Cusick spent 10 years at Oppenheimer covering MLPs, E&Ps and refineries, most recently holding the title of Senior Research Analyst, and previously working under leading Energy analyst Fadel Gheit. Mr. Cusick received a B.B.A. from Temple University, an M.B.A. from Fordham University, and is a Chartered Financial Analyst.

  Mr. Roomberg joins Miller/Howard from Ladenburg Thalmann & Co., Inc. where he served as Vice President, Equity Research. As head of Ladenburg’s Water & Infrastructure equity research practice, Mr. Roomberg advised institutions on global water investments as well as diversified infrastructure-related equities. Prior to this, Mr. Roomberg worked in Industrials equity research at Jefferies, E&P and Water equity research at Boenning & Scattergood, and in credit origination at the Overseas Private Investment Corporation (OPIC). Mr. Roomberg received a B.A. from the University of Wisconsin-Madison, and an M.B.A. from Georgetown University, where he graduated with Beta Gamma Sigma honors. 

  About Miller/Howard

  Miller/Howard Investments is an investment management firm rooted in a core philosophy that internal compounding, through high current dividends and growth of dividends, is central to building wealth over time. As an outgrowth of this philosophy, the firm has a strong emphasis on energy and infrastructure, including MLPs, Utilities, and direct energy producers---though the firm's various strategies cover most sectors and may include selected higher-growth securities. Portfolio management started in 1991 (after 6 years as an independently originated research boutique serving major institutions), following a landmark study conducted by Lowell Miller that clarified the risk-adjusted return potential of financially strong companies serving the economy's basic needs. The company focuses on equities with defensive business models, strong recurring revenues, underappreciated growth opportunities, and a commitment to returning shareholder capital. As of June 30, 2013, the firm managed $5.7B in institutional and individual client assets.
 

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