J. Paul Cunningham. Founder of Merit Advisors, entered the securities business in 1959. He has served as a registered representative for several NYSE firms and as branch manager for 2 NYSE member firms. He formed Merit Advisors in 1988. Paul holds 3 degrees: a BS in Education, a Master of Education and an MBA in Finance. In 1987 he began offering a proprietary actively managed service for high yield bond funds. He presently serves as President of Merit and is a member of Merit's investment committee.
Donald L. Dillingham. Vice President, joined the firm in July of 2003. Before joining Merit, Don was involved in structuring and placing high yield debt offerings for corporations and municipalities. He developed the bank investment contract (BIC) for a national financial institution that was underwritten on a regional basis. He developed an adjustable rate preferred unit investment trust that was issued by a leading closed-end fund through a regional underwriting firm. Don is a CFA, CPA, CFP and is a member of the Association of Investment and Management Research (AIMR). Don serves on Merit's investment committee, assisting with the execution of Merit's high yield bond model.
Matthew E. Spangler. Vice President, joined the firm in February of 2010. Matt graduated from Okla. Baptist Univ. in 1999 with a BBA in Management. He entered the financial services industry in 1999 and for more than 10 years was associated with one of the larger financial/insurance companies in the U.S. Matt works as an Investment Adviser Representative, assists with the management of Merit’s client accounts and serves on Merit’s investment committee.
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