Main Street Research LLC

PARTNERS
James E. Demmert - Managing Partner: Mr. Demmert has been managing investment portfolios for institutional and individual investors for over 20 years. He has experience in all aspects of investment management including equity and fixed income research, trading and portfolio management. He has particular expertise in macro-economic research and risk management and is responsible for creating the firm’s Active Risk Management processes. He is a seasoned wealth manager and experienced in the areas of retirement, financial, estate and tax planning.
Mr. Demmert has been a featured speaker for a number of public organizations including the American Association of Individual Investors (AAII). He has authored numerous articles on finance and investment management and his work has appeared in many financial publications including The Wall Street Journal, Barron’s, BusinessWeek and Fortune. Mr. Demmert’s past experience includes positions with LF Rothschild and Lehman Brothers before starting his own firm in 1993. He is a graduate of Harvard University.
Tamra A. Stern, J.D.-Partner: Ms. Stern has been with the firm for over 15 years and has been involved with every aspect of the firm’s management. She currently heads up the wealth management effort, which includes assisting clients identify the longevity of their asset base for their lifetime and future generations. This work is a result of Ms. Stern’s ability to create personal and complex financial models for each client. In addition, she has a law degree and is familiar with estate planning and how a trust or will should compliment the wealth planning models. Lastly, Ms. Stern is experienced in tax guidance and assists clients with tax strategy.
Ms. Stern actively participates in the firm’s investment strategy and is an equity and fixed income trader. As a senior member of our team, she is actively involved with clients on a day to day basis. Ms. Stern received her BA in Political Science form the University of California at Santa Barbara and her Juris Doctorate from Empire College of Law.
Elizabeth I. Baldassari - Partner: Ms. Baldassari serves as the firm’s co-manager of fixed income investments and research. Her work includes trading municipal, corporate and treasury securities which is the result of her research in credit quality, duration and the interest rate cycle. In addition, Ms. Baldassari considers each client’s circumstance - such as tax implications and investment policy - when adding or removing a security from a portfolio. Main Street works with over 100 Wall Street fixed income broker dealers in an effort to find the best value in the fixed income market. Along with Ms. Baldassari’s research, she coordinates and manages this wide array of dealers to find the best value for each client.
Ms. Baldassari has been with the firm for over 10 years and prior to becoming co-manager of fixed income investments, she was involved in almost every aspect of the firm. Like her colleagues, she is also part of the firm’s client centric team and is involved with daily client communication and problem solving. Ms. Baldassari graduated Cum Laude from Sonoma State University with a BS in Business Administration.
Aaron M. Stern - IT and Research Manager: Mr. Stern is responsible for the coordination of the firm’s research and risk management processes and is one our equity traders. His work includes responsibility for the firm’s in –house investment research as well as management of our outside research partner’s analysis. In addition, Mr. Stern handles the bulk of our Active Risk Management process, which includes asset allocation, sector management and stop loss management. Additionally, Mr. Stern takes the lead role in regard to Main Street’s technology systems, including real-time security pricing, automated trading, portfolio management and worldwide web systems. As a part of our client centric team, Mr. Stern is also involved with client issues on a day to day basis.
Prior to joining Main Street Research, Mr. Stern served as Web Operations Manager for a large west coast corporation. He is a graduate of the University of California, Santa Barbara.
Adrienne H. Coenen – Client Services: Ms. Coenen is responsible for all client oriented services and a significant amount of the firm’s administration. This includes all aspects of the portfolio management process including trade processing, reconciliation, asset transfers and additions, proxy voting and cost basis analysis. Ms. Coenen is also responsible for maintaining our “paperless office” processes. In addition, she is the point of contact for client interaction and services which relate to scheduling research conferences and client portfolio reviews. Ms. Coenen plays a central role in the firm’s client centric team effort. Ms. Coenen attended Mesa College and has been in the customer service industry for 8 years.
Velda V. Brown—Client Services: Ms. Brown is responsible for client service and relations. This includes coordination of client historical data, account transfer, estate planning documentation and investment policy statements. Ms. Brown also takes part in the firm’s research process and weekly client portfolio reviews. Prior to joining Main Street Research, Ms. Brown was Manager of Transportation for the city of Gothenburg, Sweden.