George Cole Scott, III
Senior Portfolio Manager
George Scott is President and Senior Portfolio Manager of Closed-End Fund Advisors, a global investment firm which concentrates its investments in closed-end funds. He has been president since 1996 and is a graduate of the University of Washington.
George has been in the investment management business since 1969 and has specialized in using closed-end funds for clients since the mid-1980's. They became his specialty after joining the Board of Directors of the award-winning closed-end fund, Bergstrom Capital. Because of his expertise, he has also advised several funds as a consultant, both domestically and abroad.
He is the former editor of The Scott Letter: Closed-End Fund Report. Since May 2001, George has been Editor-In-Chief of The Scott Letter Online.
In 1991, he co-authored the 500-page book Investing In Closed-End Funds: Finding Value and Building Wealth. The book may be available at Amazon.com, and many public and university libraries.
George was on the closed-end fund committee of the Investment Company Institute, the trade association for the open-end and closed-end fund industry. He has been a long-standing member of the Richmond Society of Financial Analysts (now CFA Virginia) and is widely quoted in such publications as The Wall Street Journal, Business Week, Financial Times, Kiplinger Letters, Mutual Fund Magazine, and Money as well as many metropolitan newspapers. He has published articles on closed-end funds in both Barron's and Pensions & Investments. George has also been interviewed by various televised investment programs and presented at numerous investment conferences.
As a value investor, George sees closed-end funds as the best way to take advantage of inefficiencies in the global stock market.
John Cole Scott, CFS
Chief Investment Officer
Chief Compliance Officer
John is in charge of business development, operations and compliance for Closed-End Fund Advisors. He joined the firm in January 2001 and serves on the firm's Investment Committee. John holds the FINRA 66 Security Licenses. In 2002, John earned the designation of Certified Fund Specialist (CFS).
He has been quoted in the "Money" section of USA Today and The Richmond Times Dispatch and published in Senior Consultant. He has presented at conferences in Atlanta, GA; Charlotte, NC; Boca Raton, FL; Richmond, VA and Washington DC including several keynote addresses. In 2008, John founded CEFA's Closed-End Fund Universe, a comprehensive weekly data service covering the closed-end fund industry.
John is a member of The Richmond Association for Business Economics (RABE) and serves on the Investment Committee for The New York State Society of The Cincinnati and on The Virginia Museum of Fine Artsí Business Council. He is a past member of Rotary International and Business Networking International (BNI) where he served as an Assistant Director. He was awarded the "Character Counts" Award from the Capital Area and YMCA in 1999 and "Master of Networking" from Business Networking International in 2003 and 2004.
John has been a board member of the Richmond W&M Alumni Chapter since 2001 and has also served as its past co-president. The Chapter has received recognition as "Outstanding Chapter" for 2003, 2004 and 2005 as well as Premier Chapter for 2006. In 2007, he organized The W&M Alumni Club, ď96/06Ē which plans a hospitality tent at W&Mís Homecoming each year. John graduated from The College of William & Mary with a B.S. in Psychology in 2000.
David W. Carter
David joined CEFA in 2016 and serves as General Counsel and assists in Compliance and Operations for the firm . Prior to joining CEF Advisors, David practiced law for more than ten years during which time his practice primarily focused on bankruptcy (representing secured creditors), creditor's rights, collections, and real estate. He is currently licensed to practice law in the Commonwealth of Virginia and is also admitted to practice before the United States District Court for the Eastern District of Virginia as well as the United States Bankruptcy Courts for the Eastern and Western Districts of Virginia. He is a past Secretary of the Virginia Creditor's Bar Association as well as a former member of the Lewis F. Powell, Jr. American Inn of Court.
He currently serves on the Alumni Board of Trustees for the Virginia Commonwealth University Chapter of the Delta Chi Fraternity (of which he was a founding father) and served on the Supreme Court of Virginia's Pandemic Flu Preparedness Commission. Prior to attending law school, David worked in the advertising department of Circuit City Stores, Inc. as a graphic artist and also experienced stints in radio broadcasting and sales. David graduated from Virginia Commonwealth University with a B.S. in Mass Communications and earned his law degree from the University of Dayton School of Law.
Joyce A. Fields
Joyce Fields joined Closed-End Fund Advisors in July of 1997, with 30 years of financial experience in the Richmond office of Manulife Financial. She has extensive managerial experience, having worked at senior levels in the development of new business, brokerage and customer service departments. Joyce is responsible for setting-up new client accounts and maintaining client files. In addition, she handles all company bookkeeping, broker statement reconciliation and performance.
Administrative Assistant to John Cole Scott
Jennifer joined Closed-End Fund Advisors in September of 2012. Prior to joining CEFA, she worked in sports management, managing endorsements, marketing, travel, and other client management needs for professional baseball players. Jennifer's experience also includes event and travel planning, coordinating travel programs around major sporting events for Fortune 500 companies. She currently assists John Cole Scott in travel planning, meeting planning, and client management.
Alex joined Closed-End Fund Advisors in November 2011 and he is currently in charge of data management, programming, and database administration. He holds a master's degree in Databases from The Bucharest University of Economic Studies. Prior to joining CEFA, Alex worked as an economist and he also participated in several freelance IT projects for clients from United States, Europe and Australia.
The following companies aid and assist with the operations of our firm:
|Accounting Services:||Snellings & Associates|
|Legal Counsel:||Hirschler, Fleischer|
|Business Banking:||First Community Bank|
|Creative Director/Graphic Design:||93 Octane|
|Web Site Marketing & Development:||Madison+Main|
|Printing Service:||Alpha Graphics Downtown|
|PBX Phone Hosting:||Virtual PBX|