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Fourth Quarter Analyst Call
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Any reproduction or transcription of statements made during the call, without our prior approval, is prohibited. Please note that all forward-looking statements made during the call are subject to risk and uncertainty and that could cause actual results to differ materially from the expectations and assumptions discussed
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The FBB Capital Partners Team

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Susan Emma Owens Breakefield Fulton, Principal
Susan is a founder and
co-owner of FBB Capital
Partners, a registered
investment firm in the
Washington Metropolitan
Area representing
individuals and
non-profit organizations. Her firm
was selected for
excellence as one of 25
firms nation-wide who
manage under $500
million in assets by
Forbes Magazine in
October
2008. As the only
firm in the Washington
Metropolitan area to make the
Forbes list,
FBB reflects over twenty
years of fee-only
service to investors in
the area. Susan prides
herself on being an
early adaptor and is one
of the first five
Certified Financial
Planners in the
Washington Metro Area.
A regular commentator on
CNN, CNBC, Forbes on Fox,
and Bloomberg Radio
Susan speaks often to
Washington area
organizations about
investing, philanthropy,
and business leadership.
She has been a member of
the Washington business
community since 1964
when she returned to the
city after college. An
Army brat, she calls DC
home having lived there
as a toddler and
returned to graduate
from Western High School
(-now Duke Ellington) in
1957. Susan has been
quoted in Business Week
and, the Wall Street Journal.
In addition, she was
named one of the
Outstanding Women of
America.
Active and passionate
about her interests.
Susan
sits on two Boards:
Wilson College, her alma
mater, and Heifer
International. In 1999
she endowed the Richard Alsina
Fulton Center for
Sustainable Living in
memorial to her husband.
The 50-acre farm hosts
the international CSA
program and
serves as a resource for
hands-on education
regarding environmental
issues and solutions.
She is a member of
Rachel's Network and has
interests in the Rare
Breeds Conservancy at
the Smithsonian, and
in the Chesapeake Bay
conservation through
Horn Point Labs on the
Eastern Shore.
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Mitchel Schlesinger, CFA, Managing Director
Mitch joined FBB Capital Partners in 2002 as its chief investment officer. Before
joining the firm, he was a Managing Director at Riggs & Co., the trust and investment
management division of Riggs Bank in Washington, D.C. Prior to Riggs, Mitch worked
in the private wealth management area at Goldman, Sachs & Co., managing investment
portfolios for family groups. He also coordinated the firm’s regional volunteerism
efforts, working with organizations such as Junior Achievement and Habitat for Humanity.
Mitch received an MBA with High Distinction from the University of Michigan, and
has an undergraduate degree in
finance, cum laude, from the California State University.
He has also received the Chartered Financial Analyst designation. Between his graduate
and undergraduate studies, Mitch worked for five years as an investment analyst
at Teledyne in Los Angeles, California, where he managed the company’s money-market
investments, traded bonds for its retirement plans, and analyzed equity securities.
Mitch is presently a
Director and Treasurer
of the Legal Resource
Center on Violence
Against Women, a
non-profit organization
in the Washington DC
area.
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Sandra A. Kingsley CPA, CFP®
Portfolio Manager
Sandy joined FBB
Capital Partners in
2001 as a portfolio
manager. She
previously worked at
Marriott
International for
over twenty years
where she supervised the external
investment managers for the company's 401(k) plan. She first began her multi-faceted
career in the investment business in 1971 when she started working at a brokerage
firm.
She holds a BS from the University of Maryland
and, is a licensed CPA and Certified
Financial Planner certificant. Although not a practicing CPA, she keeps her CPA
credential current by fulfilling her educational credits and is the in-house tax
guru for the firm.
A native Washingtonian, Sandy lives in Kensington. She is an active member of her
parish's endowment advisory
board and remains committed to the
parish grade school
that she attended years ago. She is an avid sports fan and golfer. Her most
recent project is mastering the piano; she arises at 6 every morning to practice!
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David Malmgren, CFA
Portfolio Manager
David re-joined FBB Capital Partners in 2003 as a Portfolio Manager. The firm previously
employed him in 1998 while he pursued his MBA at The George Washington University
in finance and investments.
After receiving his MBA, David joined Rydex Investments where his responsibilities
included managing five U.S. sector funds and two international funds. David was actively
involved in the launch and management of the Rydex Series Trust Equal Weight ETF.
He was also a team member and worked on the design, implementation, and management
of the Rydex Core Equity Fund. He has appeared on CNBC
and Forbes on Fox, and
has been quoted
at CBS MarketWatch.com and Business Week Online.
David and his wife Pam are theater enthusiasts and are active in the arts community.
They are proud parents of Jackson and Ella and live in Germantown, Maryland.
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Maggi Keating, CFP®
Portfolio Manager
A native of northern Virginia, Maggi
is married to Pete, an
active duty Marine Corps
officer. They are the
parents of Kate and
Jack. She resides with her family in the
home she grew up in Falls Church, Virginia.
Business partners since 2000, Maggi and Kathleen
Hastings manage the FBB Capital Partners office
in McLean, Virginia. With over three decades of combined experience in the securities
industry, they work together to help sophisticated investors manage diversified portfolios.
Both are Certified Financial Planner certificants.
Maggi and Kathleen
previously worked at Charles Schwab & Co where they
advised clients in the managed portfolio and affluent investor area.
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Kathleen Hastings, CFP®, CLU, ChFC, CASL
Portfolio Manager
Kathleen and her husband of 31 years, a retired Navy pilot, enjoy gardening in
their suburban Northern Virginia home. They have two grown daughters; one working
in London and the other a PhD candidate in
developmental psychology/aging at the
University of Florida.
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Stein A. Olavsrud, AAMS, CMFC
Portfolio Manager
Stein lives in Easton, Maryland with his wife Beth and their baby daughter, Lucy.
He opened the FBB Capital Partners office in Easton in 2003 when he joined the firm.
He is an Accredited
Asset Management
Specialist and Chartered
Mutual Fund Counselor.
He received his BS degree in
finance from Salisbury
University, Perdue School
of Business.
Prior to joining FBB, Stein was an
investment specialist with Charles Schwab &
Co where he consulted with clients on portfolio management issues. In addition to
his career at Schwab, Stein worked for American Express Financial Advisors where
he focused on developing comprehensive financial plans for his clients.
He and Beth love the water and are active boaters. Lucy hit the water at ten weeks
and is reported to love it.
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Michael J. Mussio, CFP®
Portfolio Manager
Michael joined FBB
Capital Partners in
January 2008. He
graduated with an MBA
from the University of
Virginia,
Darden Graduate School
of Business.
While at Darden, Michael
was selected to serve as
a senior portfolio
manager, responsible for
actively managing a
portion of UVA’s
endowment. He was also
invited to participate
in a research elective
on ethics and morality
that included a select
group of students from
the Business, Medical,
and Law schools.
Prior to pursuing his
MBA, Michael was a vice
president and financial
consultant for Charles
Schwab & Company in
Gaithersburg, Maryland.
While at Schwab, he
advised high net worth
clients on formulating
and executing their
investment strategies. A
certified financial
planner, Michael earned
his Bachelor of Business
Administration in
finance and marketing
from Ohio University.
Michael, his wife
Angela, and their new
baby daughter, Alina,
are delighted to be back
in the Washington DC
area.
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