Water Walker Investments is a Tampa-based SEC Registered Investment Advisor founded in 2000 specializing in treasury management consulting services, fixed income investment advisory and consulting services to governmental clients statewide. The firm is also the investment manager to the US Fixed Income Trust (US-FIT) which oversees local government pools in both Florida and Texas, Florida Fixed Income Trust (FL-FIT) and Texas Fixed Income Trust (TX-FIT).
Water Walker provides real fixed income management solutions in an increasingly volatile marketplace. Our expertise includes cash alternative investing, U.S. corporate and commercial paper investments, U.S. Treasury and Government Agency securities, mortgage-backed securities, portfolio structuring and analysis, cash flow modeling and management, as well as portfolio solutions for separately managed accounts (“SMAs”) and professional oversight as an investment consultant to entities with an existing Treasury team.
At Water Walker Investments, all members are committed to ensuring that clients receive excellent service. That commitment includes continually providing pertinent communication, reliable individual assistance, and meticulous attention to increasing value for each client. Clients can trust that at each step Water Walker will faithfully take the time to understand their needs and serve each client with their requirements in mind.
Water Walker Investments is registered with the SEC under its legal name, Wertz York Capital Management Group, LLC.
M. Brent Wertz
24 Years Investment Experience
Brent Wertz is the Managing Partner at Water Walker Investments. Brent provides strategic leadership for the company and is responsible for overseeing all aspects of the firm’s investment process. He heads implementation of the firm’s investment strategies and portfolio risk management. He serves on the firm’s investment and credit committees.
Brent started Water Walker based on his experience serving as a consultant to special taxing districts throughout the State of Florida assisting these districts in bond offerings, assessment allocation, and collections as well as assisting District Managers with treasury management.
Brent is a graduate of Virginia Military Institute with a B.A., Economics. Brent received his Master’s in Business Administration from the University of Tampa.
DIRECT – (813) 321-3249
30 Years Investment Experience
David Jang is a Managing Partner at Water Walker Investments responsible for directing the firm’s marketing, business development and client advisory services. He serves on the firm’s investment and credit committees and authors the firm’s weekly economic updates. David’s investment advisory experience coupled with his client focused approach enables him to work with each entities’ investment team then tailor advice to meet their unique investment goals, objectives and adherence to all applicable state investment statutes. His ability to understand and assess the multi-layered components affecting local governments enables him to provide valuable insight to the firm’s treasury management, investment management and consulting clients. David routinely speaks at Florida’s Government associations, chapters, annual conferences and various CPE seminars customizing his discussions to locale, current economic conditions and the challenges that face Florida’s entities.
Prior to joining Water Walker Investments, David spent 12 years working with Florida local government clients and 30 years overall in investment advisory services.
David earned his Bachelor’s degree in Economics from the Wharton School, University of Pennsylvania. He earned the Association of Financial Professionals (AFP) designation of Certified Treasury Professional (CTP). David also has FINRA Series 7, 24, 63, and 65 licenses and is a Registered Investment Advisor with the Florida Department of Financial Regulation.
DIRECT – (407) 618-4269
National Director, Client Advisory Services
24 Years Investment Experience
Ken Couch is the Director of the Client Advisory Services Team in Texas for Water Walker Investments. His focus is on client service and business development. Ken services Texas local governments with fixed-income investing of operating funds, reserve funds and bond proceeds and strategizes with clients to identify short and long-term investment options.
Prior to joining Water Walker Investments, Ken spent over 24 years working with various governmental entities encompassing counties, cities, school districts, universities and colleges, and special districts. He has also helped local Texas governments address Other Postemployment Benefit (“OPEB”) funding.
Ken earned his bachelor’s degree in Applied Arts and Sciences from Texas State University and holds FINRA Series 6 and Series 63 licenses. He is a member of the Government Finance Officers Association (GFOA), Government Finance Officers Association of Texas (GFOAT), Government Treasurers’ Organization of Texas (GTOT) and Texas Association of Business Officials (TASBO).
DIRECT – (210) 888-0452
Managing Director, Client Advisory Services
22 Years Financial Experience
Kim Thomas is the Managing Director, Client Advisory Services, responsible for a variety of sales, marketing and client service efforts, including the firm’s marketing materials, presentations, responses to request for proposals, and database maintenance.
Kim brings a diverse financial background to the Water Walker Investments Team previously working as a retail bank branch manager, an investment advisor, and a financial analyst.
She is a graduate of Appalachian State University where she earned a Bachelor’s of Science in Business Administration.
DIRECT – (813) 321-4008
Associate, Client Advisory Services
20 Years Operations Experience
Rika Gilbreath is the Associate, Client Advisory Services, responsible for client inquiries, oversight of client events, and administration of client onboarding.
Rika has over 20 years of operations and account management experience across multiple industries. Most recently, she spent 8 years as an account manager for a secondary market firm specializing in residential and commercial mortgages.
Rika holds a Paralegal Certificate from Saint Mary’s College of California and attended the University of Oregon.
DIRECT – (813) 321-3254
Benjamin Streed, CFA
Director, Fixed Income, Portfolio Management
15 Years Investment Experience
Benjamin Streed is the Director of Fixed Income. In this role, Benjamin designs and implements portfolio management strategies for separately managed accounts, consulting clients and the U.S. Fixed Income Trust local government investment pools. Benjamin will direct the Portfolio Management team and serve on the firm’s investment and credit committees.
Before joining Water Walker, Benjamin served as an investment strategy specialist acting as a subject matter expert for investment strategy, economics and investments solutions partnering with financial and wealth advisors to optimize investment management. Additionally, Benjamin has also implemented, managed, and monitored customized bond portfolios in a previous role.
Benjamin received a Bachelor of Business Administration from Emory University and his Master of Science in Finance from the McDonough School of Business, Georgetown University. Benjamin is a CFA charter holder.
DIRECT – (813) 440-5088
Senior Investment Analyst, Portfolio Management
5 Years Investment Experience
Eric Ebersole is the Investment Analyst responsible for analyzing the portfolios for maturity schedules, cash flow expectations, and various exposure metrics. He serves on the firm’s investment and credit committees.
Before joining Water Walker Investments, Eric held multiple analyst positions specializing in security analysis, cash flow management, and fundamental forecasting.
Eric graduated from Stetson University with a Bachelors of Arts in Finance and Economics.
DIRECT – (813) 321-3253
18 Years Financial Experience
David Jones is the Director, Operations & Finance. He oversees the execution of all operational functions including vendor relationships, client reporting, information systems, trading processes and communication between departments. He manages all internal financial functions such as budgeting, forecasting and accounting.
Prior to joining Water Walker Investments, David spent 15 years with PricewaterhouseCoopers, where he served as the strategic advisor to business and portfolio management teams and oversaw business and systems projects across multiple business areas.
David graduated from the University of South Florida with a Bachelor’s of Science in Accounting and Management Information Systems. He is a Certified Public Accountant, a Certified Management Account, and a Certified Information Technology Professional.
DIRECT – (813) 513-7678
Associate Operations & Portfolio Manager, Portfolio Management
3 Years Financial Experience
Tim Bafaloukos is the Associate Operations & Portfolio Manager, Portfolio Management. He implements the day to day execution of the back-office processes including trade fulfillment, billing and reporting.
After completing his education, Tim worked for 2 years at Bryn Mawr Trust, where he performed ledger settlements and other Operations tasks.
Tim is a graduate of the University of South Carolina, where he earned a Bachelor of Arts in Economics and Political Science.
DIRECT – (813) 321-3251
Chief of Staff
18 Years Operations Experience
Elizabeth Huston is the Chief of Staff. She serves as a liaison for human resources, compliance, information technology and implements and oversees the firm’s operational and administrative functions. Elizabeth also oversees the firm’s social and community development functions and is the Executive Director of Three Strand Cord, a 501(c)3 organization.
Prior to joining Water Walker Investments, Elizabeth worked in the non-profit management sector developing skills in operational management.
Elizabeth graduated from the University of South Florida with her Master’s in Public Administration and a Graduate Certificate in Nonprofit Management. She also holds a Bachelors of Arts in Broadcast Journalism from Washington & Lee University.
DIRECT – (813) 321-3250