Taiber Kosmala & Associates, LLC.

Investment Committee Member

Taiber Kosmala

Taiber Kosmala & Associates, LLC was founded by Joseph Taiber and Phillip Kosmala to foster a collaborative environment for experienced professionals dedicated to providing conflict free research driven solutions for institutional investors. Phil and Joe have both been awarded the Chartered Financial Analyst (CFA) designation. Their team includes 3 additional full-time analysts, all of whom are responsible for manager and market research. The average number years of experience exceeds 20 years with the most junior person having 15 years. Currently their firm advises on over $5B of assets, including pensions, endowments and high-net-worth individuals.

Phillip J. Kosmala, CFA

Phil Kosmala has been in the investment consulting industry for over 15 years. Prior to establishing the firm, he worked at Lowery Asset Consulting, acting in several leadership, research, and consulting capacities including positions of Executive Vice President, Director of Manager Research, Chief Compliance Officer, and Chairman of the firm’s investment committee. Mr. Kosmala and his team had the responsibility of advising a national client base of endowments, foundations, plan sponsors, and affluent families. Additionally, Mr. Kosmala headed the firm’s manager research efforts and chaired the firm’s investment committee charged with capital markets research, tactical asset allocation, and manager research & diligence.

Prior to that, Mr. Kosmala held senior research and investment consulting roles at DiMeo Schneider & Associates, LLC. Here Phil was acting Chairman of the Investment Committee and Manager Research Director. In the early 1990’s Mr. Kosmala spent four years with Securities and Exchange Commission (SEC) as an auditor of money management firms and registered investment advisors, which made for a natural extension into future manager research & diligence and chief compliance officer roles.

Phil has been quoted in various national media publications and has made several appearances at various industry conferences throughout his career. He holds a bachelor’s degree in finance from DePaul University, has been awarded the CFA designation, and is a member of the CFA Institute & CFA Society of Chicago.

Joseph D. Taiber, CFA

Mr. Taiber, Co-Founder of Taiber Kosmala & Associates, LLC has been in the investment consulting industry for over 15 years.  Mr. Taiber’s consulting and research experience covers all aspects of investment consulting services including asset allocation studies, liability and spending policy modeling, risk budgeting analysis, manager evaluation, portfolio structure reviews, custodial searches, capital markets research, and performance monitoring.

Prior to establishing the firm he held senior level consulting and research positions at several national consulting firms including Lowery Asset Consulting, DiMeo Schneider & Associates, and Pearson Financial.  At Lowery, Mr. Taiber was the Director of Alternative Investment Research, was a senior member of the firm’s investment committee, and maintained a national clientele of corporate and public defined benefit and defined contribution plans, endowments, foundations, and affluent families.    Prior to that, Mr. Taiber held senior research and investment consulting roles at DiMeo Schneider & Associates as a Senior Investment Consultant and investment committee member at the firm.  Previously, Mr. Taiber worked as a research analyst at Pearson Financial Group focusing on manager analysis, performance attribution, and portfolio construction.

Joe has been quoted in various national media publications, featured on television, and has appeared at various industry conferences throughout his career.  He holds a bachelor’s degree in finance from the University of Iowa, has been awarded the CFA designation, and is a member of the CFA Institute and the CFA Society of Chicago.

Thomas R. Dougherty

Mr. Dougherty is a senior member of the investment team at Taiber Kosmala & Associates, LLC, bringing over 15 years of industry experience in both investment research and consulting capacities.  Prior to joining Taiber Kosmala & Associates, Tom worked at Lowery Asset Consulting as a member of the firm’s investment committee and Senior Analyst.  In this capacity, Mr. Dougherty contributed to the firm’s manager due diligence efforts, prepared various market and manager research projects, and developed quarterly quantitative and qualitative manager analysis.

Prior to that, Mr. Dougherty held a senior research position at DiMeo Schneider & Associates, LLC.  Here, Tom was a Senior Financial Analyst in the firm’s research group.  In the late 1990’s, Tom worked at Alpha Investment Consulting as a Financial Analyst performing manager attribution, performance analysis, and qualitative reviews of investment managers for a national client base of pension funds, non-profits, and foundations.   Tom holds a bachelor’s degree in finance from the University of Wisconsin, and is an Affiliate Member of the Market Technician’s Association.