Portfolio Management

Donald L. Asfahl, CFA®
President / Portfolio Manager
502-588-8631
DAsfahl@Hilliard.com
Don is President of Hilliard Lyons Trust Company, LLC, and also serves as Portfolio Manager for institutional and high-net-worth investors. He has over 40 years of experience in the investment industry. Don holds the Chartered Financial Analyst® designation and is a member of the CFA Institute and the CFA Society of Louisville. He is also a member of the Kentucky Bar Association and the Finance Committee for Leadership Louisville.

Don spent 21 years with PNC Bank Kentucky, serving as Senior Vice President and Chief Investment Officer for the Kentucky market. He has B.A. and J.D. degrees from the University of Kentucky. Don is a member of the Leadership Louisville Finance Committee and has previously served as the Board Chair for the National Pension Fund of the Christian Church and the Christian Care Communities. Don joined Hilliard Lyons in 1996.

Gail Burke Bride, CFP®
Senior Vice President and Portfolio Manager
GBride@Hilliard.com
502-588-8616
Gail is a Senior Vice President and Portfolio Manager for Hilliard Lyons Trust Company. Gail is a Certified Financial Planner™ with 27 years of experience in the investment industry. 

Prior to joining Hilliard Lyons, Gail was a Senior Investment Advisor with PNC Wealth Management.   She has served as an arbitrator for FINRA as well as Head of Equity Research and Portfolio Management for Atlas Brown.  Gail received a B.A. in Economics and Psychology from Vanderbilt University. She serves on the Board of the Kentucky Opera and the Alumni Board for Kentucky Country Day School.  She is a former Board member for Ursuline Campus Schools.  Gail joined Hilliard Lyons in 2017.

Ross A. Demmerle
Vice President / Equity Analyst
502-588-1879
RDemmerle@Hilliard.com
Ross is a Vice President and Equity Analyst of Hilliard Lyons Trust Company, LLC. He has 24 years of experience in the investment industry, with an emphasis on investment research.

Ross was a Research Analyst with J.J.B. Hilliard W.L. Lyons, LLC Research Department for 15 years, where he focused on banks and business development companies, before joining Hilliard Lyons Trust Company in 2014. Before joining Hilliard Lyons, he was a Vice President with McDonald & Company Securities, Inc. for seven years following financial institutions in the research department for five years and two years as an analyst in investment banking. Before that, he was a Bank Examiner for Federal Deposit Insurance Corporation. He has a B.A. in Business Administration from Baldwin-Wallace College and an M.B.A. from Indiana University. Ross joined Hilliard Lyons in 1999.

 

Laura L. Dunne, CFA®
Vice President / Portfolio Manager
502-588-1805
LDunne@Hilliard.com
Laura is a Vice President and Portfolio Manager of Hilliard Lyons Trust Company, LLC. She has 25 years of experience in the investment industry. Laura holds the Chartered Financial Analyst® designation and is a member of the CFA Institute and the CFA Society of Louisville.

Laura was a Portfolio Manager for the Private Client Group of National City.  Before that, she held Investor Relations Manager positions with Papa John’s International and Humana Inc. Laura has a B.A. in Business Administration with a minor in economics from Bellarmine University and an M.B.A. from the University of Louisville.  She serves as Treasurer for Riverside, the Farnsley-Moremen Landing Board of Directors.  Laura joined Hilliard Lyons in 2007.

Grant Herrington
Vice President / Lead Trader
502-588-8827
GHerrington@Hilliard.com
Grant is a Vice President and Lead Trader of Hilliard Lyons Trust Company, LLC. He trades equity and fixed-income securities as well as providing trade support to the portfolio management team. He has 35 years of experience in the investment industry. Grant holds the Series 7 and 63 securities licenses.

Grant has spent over 25 years serving in the trust and investment management division of Hilliard Lyons, where he has focused on the firm’s trading efforts. He received a Bachelor of Science from the University of Louisville. He serves on the board of directors for the Scenic Hills Youth Camp. Grant joined Hilliard Lyons in 1981.

Donald F. Kohler
Senior Executive / Portfolio Manager
502-588-8434
DKohler@Hilliard.com
Don is a Senior Executive and Portfolio Manager of Hilliard Lyons Trust Company, LLC. He has 60 years of experience in the investment industry. Don is Series 7 and Series 63 securities licensed.

Don served as Director of the Hilliard Lyons Investment Management Group from 1974 to 1993. He also served as Executive Vice President and a Director of Hilliard Lyons, Inc. and J.J.B. Hilliard, W.L. Lyons, Inc. and as Chairman and CEO of Hilliard Lyons Trust Company. He spent 19 years with the First Kentucky Trust Company as Executive Vice President and Chairman of the Investment Policy Committee. He graduated from Princeton University with an A.B. in Economics. Don is trustee of the Bishop Dudley Memorial Fund and the Episcopal Diocese of Kentucky. He is Chair of the Kohler Family Scholarship Fund. Don is a former board member of the Home of the Innocents and the Rotary Club of Louisville. He is a former trustee of the Episcopal Church Home. Don joined Hilliard Lyons in 1974.

 

Peter A. Lim
Vice President / Portfolio Manager
502-588-8435
PLim@Hilliard.com
Peter is a Vice President and Portfolio Manager of Hilliard Lyons Trust Company, LLC. He has 17 years of experience in the investment industry. Peter is a Level II candidate in the Chartered Financial Analyst® program and is Series 4, 7, 24 and 66 securities licensed.

Peter spent four years with Hilliard Lyons as an Options Strategist before joining Hilliard Lyons Trust Company. Before that, he was Head Trader at Archelon, LLC. Peter has a B.S. in economics from the University of Virginia. Peter joined Hilliard Lyons in 2010.

 

Andrew W. Means, CFA®
Senior Vice President / Director of Investments
502-588-8699
AMeans@Hilliard.com
Andy is a Senior Vice President and Director of Investments of Hilliard Lyons Trust Company, LLC. He is the lead manager of the Large Cap Equity strategy and also serves as Portfolio Manager for institutional and high-net-worth investors. Andy has 35 years of experience in the investment industry. He holds the Chartered Financial Analyst® designation and is a member of the CFA Institute and the CFA Society of Louisville.

Andy began his investment career as a financial consultant with Hilliard Lyons for seven years. After that, he was a portfolio manager with PNC Financial Services Group for five years before rejoining Hilliard Lyons. He has a B.A. from Furman University and an M.B.A. from Bellarmine University. Andy joined Hilliard Lyons in 1981.

 

Mark K. Nickel, CFP®
Senior Vice President / Director of Portfolio Management
502-588-1227
MNickel@Hilliard.com
Mark is a Senior Vice President and Director of Portfolio Management for Hilliard Lyons Trust Company. Mark is a Certified Financial Planner™ with 19 years of experience in the investment industry. He is a member of the Trust Company’s Strategic Planning Team, Chair of the Trust Company's Investment Committee, and a member of Hilliard Lyons’ Investment Strategy Group.

Mark received a B.S. in finance from the University of Louisville and his M.B.A. from Smurfit School of Business, University College of Dublin (Ireland). Mark is a board member of Discovery Ministries.
 

Randy Phillips
Senior Vice President / Portfolio Manager
502-588-1716
RDPhillips@Hilliard.com
Randy is a Senior Vice President and Portfolio Manager of Hilliard Lyons Trust Company, LLC. He has 35 years of experience in the investment industry.

Randy was the Managing Partner of Phillips Investment Co. in Cincinnati, Ohio, for three years. Before that, he was a Senior Portfolio Manager of Gradison McDonald Asset Management and a Portfolio Manager with Fifth Third Investment Advisors. He received a B.S. in finance and political science from Ball State University. Randy joined Hilliard Lyons in 2005.


 

Tony Swindall
Senior Vice President / Fixed Income Advisor
502-588-1842
TSwindall@Hilliard.com
Tony is a Senior Vice President and Fixed Income Advisor for Hilliard Lyons Trust Company. He is also a Relationship Manager for Hilliard Lyons Wealth and Family Office Group. Tony has 34 years of experience in the investment industry. He currently manages taxable and tax-exempt bond portfolios for high net worth individuals. He also manages fixed-income assets for institutional customers such as endowment funds and pension/profit-sharing plans.

For 16 years, Tony managed the Kentucky Tax-Exempt Intermediate Fund, originally for First Kentucky Trust, which was acquired by National City Corporation. He was responsible for fixed-income trading and management of Kentucky-domiciled accounts, as well as for select large fixed income accounts across the Private Client Group’s footprint. He was also a Portfolio Manager with Citizens Fidelity Trust Company and a Financial Consultant with Hilliard Lyons. He has a B.A. from Western Kentucky University. Tony joined Hilliard Lyons in 2009.
 

Daron M. Van Vactor
Vice President / Portfolio Manager
502-588-8670
DVanVactor@Hilliard.com
Daron is a Vice President and Portfolio Manager of Hilliard Lyons Trust Company, LLC. He has 18 years of experience in the investment industry. Daron is Series 7 and Series 66 licensed.

Daron spent two years at Stock Yards Bank & Trust Company as a Portfolio Manager. Before that, he was a Portfolio Manager and Principal of First Kentucky Trust Company specializing in fixed income portfolio management. Before that, he was a Portfolio Manager with Commonwealth Bank & Trust Company. He received a B.A. in finance from University of Kentucky and an  M.B.A. from University of Louisville. Daron is graduate of Louisville’s Fund for the Arts NeXt! Leadership Development Program. He is also a member of the Pendennis Club Board of Directors. Daron joined Hilliard Lyons in 2013.

 

John C. Watkins III, CFA®
Vice President / Equity Portfolio Manager & Analyst
502-588-8694
JWatkins@Hilliard.com
John is a Vice President, Equity Portfolio Manager and Equity Analyst for Hilliard Lyons Trust Company, LLC (HLTC). He is an Associate Portfolio Manager of the HLTC Large Cap Equity strategy. John has seven years of experience in the investment industry. He holds the Chartered Financial Analyst® designation and is a member of the CFA Institute and the CFA Society of Louisville. Additionally, John serves on the Board of Directors for the CFA Society of Louisville.

John spent five and a half years at River Road Asset Management, LLC as an Equity Research Analyst. Before that, he was an Equity Research Associate for Fidelity Management & Research, Co. in Boston, MA. John has a B.B.A. in Finance from the University of Notre Dame. He serves on the Board of Directors for the Notre Dame Club of Louisville. John joined Hilliard Lyons in 2016.
 

Angelina French
Portfolio Management Assistant

502-588-8105
AFrench@Hilliard.com
Angie is a Portfolio Management Assistant for Hilliard Lyons Trust Company, LLC.  She provides client service support and assistance to the portfolio management team.  Angie holds the Series 7 securities license and has 17 years of experience in the investment industry.

Angie spent over 15 years with Hilliard Lyons serving as an Operations Supervisor, Cash Management Associate and most recently as a Senior Purchase and Sales Associate with our trading desk.  Angie received a B.S. in Business Management and Administration from Pensacola Christian College.  She joined Hilliard Lyons in 1999.

 

Susan Humphreys
Administrative Assistant
502-588-1206
SHumphreys@Hilliard.com
Sue is an Administrative Assistant for Hilliard Lyons Trust Company, LLC. She provides client service and administrative support to the portfolio management team. Sue has 17 years of experience in the investment industry.

Sue spent over 20 years with Bacons (Dillard’s) serving as an Administrative Assistant. She joined Hilliard Lyons in 1999.


Hilliard Lyons Trust Company, LLC does not offer legal or tax advice.