Our firm is both a registered broker‐dealer and a registered investment adviser. Our position in the marketplace allows us to offer institutional investors professional asset management, trade execution, strategies and research. Our clients include registered investment advisers, broker‐dealers, trust companies, municipal governments, banking institutions, charitable organizations, foundations, endowments, family offices, corporations and other business entities.
Jason D. Stuck, CFA
Head of Portfolio Management
Direct: (978) 225-9009
Jason is a Managing Director and a Senior Portfolio Manager with the firm. He advises investment advisers, money managers and other wealth management organizations on portfolio construction, portfolio rebalancing, security selection and risk management strategies. Jason advises clients on both taxable and tax-exempt strategies including the corporate, government, mortgage-backed and municipal market sectors.
Prior to joining Northern Capital, Jason was a Director at Performance Trust Capital Partners in Chicago. He was instrumental in developing the Performance Trust Analytics Group, a group focused on providing institutional level bond portfolios for investment advisors.
Before joining Performance Trust, he worked as a Director in the Institutional Fixed Income group at BMO Capital Markets where he focused on advising investment advisers, money managers and depository institutions. Jason began his career as a multi-sector equity analyst with Driehaus Capital Management, LLC where he was responsible for advising the firm’s senior portfolio managers on funds totaling over $6 billion.
Jason received his Bachelors degree in Business & Economics from Wheaton College in Wheaton, Illinois and an MBA in Finance from Northwestern University’s Kellogg Graduate School of Management in Evanston, Illinois. He became a Chartered Financial Analyst charter holder in 2003.
Stephen G. Rye
Chief Investment Officer
Direct: (978) 824-2626
Steve is the Firm’s President and Chief Investment Officer, responsible for overseeing all aspects of portfolio management and advisory activities. As Chairman of the Northern Capital Investment Committee, he oversees the Firm’s investment portfolios, asset allocation and risk management practices.
Having spent over 25 years in fixed income investment management, advisory, and trading, he is recognized as “an advisor to investment advisors,” and a leading expert in bonds. His integrated consultative approach includes serving on the investment committees of several of the Firm’s clients.
Prior to joining Northern Capital, Steve held diverse positions of responsibility, gaining a unique perspective on the financial markets. As Managing Director, Institutional Client Group at Deutsche Bank, he advised institutional clients with combined assets over $1.5 trillion in all aspects of fixed income. He also served as an Executive Director at Morgan Stanley, where he was responsible for a team structuring interest rate derivatives to mitigate risk and hedge large complex investment portfolios.
While Senior Portfolio Director at Freddie Mac, Steve identified and hedged interest rate risk in Freddie Mac’s $600 billion mortgage portfolio. He was one of five senior experts that created and implemented one of the world’s largest debt issuance initiatives, the Reference Note program.
As an institutional trader at Fidelity Investments, Steve was responsible for security selection for many of the fixed income mutual funds that totaled over $120 billion. He advised Fidelity portfolio managers on specific bond selection and relative value opportunities and transacted on behalf of the funds.
Earlier in his career, he co-founded the fixed income analytics group while Vice President, Government Bond Trading at Dean Witter. Throughout his career, Steve has designed computer trading and relative value systems and has developed many of the portfolio tools in use at Northern Capital.
Steve was awarded an NCAA Division I basketball scholarship and received his degree from American University in Washington, DC.