Our Management Team

As a graduate of MIT with a bachelor’s degree in economics and a Ph.D. in economics from the University of Pennsylvania, Dr. Lieberman began his career as an academic at the University of Maryland and Northwestern University. After a few years, Dr. Lieberman joined the Federal Reserve Bank of New York as head of its Monetary Analysis, before joining Morgan Stanley and Shearson Lehman Brothers, where he focused on the debt and equity markets. In 1986, he joined Manufacturers Hanover as chief economist and head of research and retained that position through the mergers with Chemical Bank and Chase Manhattan. In 1997 he left Chase and founded a global macro hedge fund, Strategic Investors Management. In 1998, Dr. Lieberman founded Advisors Capital.

Dr. JoAnne Feeney holds a B.A. in Economics from Union College and earned her Ph.D. and M.A. in Economics from the University of Rochester. Before joining Advisors Capital, Dr. Feeney amassed extensive experience as a senior equity analyst with reputable sell-side firms, such as Punk, Ziegel & Co., FTN Equity Capital, Longbow Research, and ABR Investment Strategy. Her expertise primarily focused on the valuation of nanotechnology and semiconductor companies. In addition to her career in the financial sector, Dr. Feeney has also contributed her insights through consultations with esteemed institutions, including the Federal Reserve, The International Monetary Fund, and The World Bank. Her academic pursuits have taken her to renowned institutions such as the University of Albany, The Stern School of Business at New York University, and the University of Colorado at Boulder.

Prior to joining Advisors Capital as a Portfolio Manager, David Ruff was a managing director and senior portfolio manager at Salient where he co-managed the Dividend Signal Strategy® portfolios.

Previously, David was chief investment officer for Berkeley Capital Management. In 2008, Forward Management acquired Berkeley, and subsequently in 2015, Salient acquired Forward. Prior to joining Berkeley in 2001, David was chief investment officer of London Pacific Advisors where he chaired the LPA Investment Policy Committee. From 1998 through 2001, David served as president and director for the Security Analysts of Sacramento.

David graduated magna cum laude from Iowa State University with a Bachelor of Science in finance. David is a CFA® charterholder and currently a member of CFA Institute and the Security Analysts of San Francisco.

David is currently a Partner and Managing Director with Advisors Capital, where he sits on the Management Committee, bringing nearly 25 years of experience in investment management, corporate finance, and corporate management. Prior to joining Advisors Capital, David founded and sold 3 companies, including BookRags, Inc. He served as BookRags’ President and CEO for 10 years, building it into one of the largest websites in the world. David’s involvement in the start-up world evolved into an advisory role for a wide variety of technology, educational, and product companies.
David has appeared and been quoted in numerous publications and media, including CNBC, Barron’s and Bloomberg. David earned his BA in Economics from Brandeis University and an M.B.A. with a concentration in Finance from the Yale School of Management.

Kevin Kelly is the Portfolio Manager of Fixed Income and a member of the Investment Committee. Before joining Advisors Capital, Kevin was a portfolio manager at Verition Fund Management in New York, NY where his duties included managing a long/short portfolio. Prior, Kevin was a Vice President at Goldman Sachs and a research analyst at Oak Hill Advisors.

Randall Coleman is a portfolio manager focused on international and small/mid cap securities. Before joining Advisors Capital, Randall was the co-manager of the Salient Dividend Signal Strategy® portfolios.

Previously, Randall was a portfolio manager for Berkeley Capital Management. In 2008, Forward Management acquired Berkeley, and subsequently in 2015, Salient acquired Forward. Before joining Berkeley in 2001, Randall was a portfolio manager at London Pacific Advisors, specializing in small/mid-cap domestic equities.

Randall is a CFA® charterholder and holds a Bachelor of Arts from the University of California, Davis as well as an MBA from Thunderbird, the American Graduate School of International Management.

Paul Broughton is an equity portfolio manager with Advisors Capital. Prior to joining the firm, he was a co-manager of the Salient Dividend Signal Strategy® portfolios.

Prior to joining Salient in 2010, Paul held various roles in fixed income portfolio management and trading with Pacific Capital Bancorp and American Century Investments. He began his career with State Street in fund accounting. Paul is a CFA® charterholder and holds a Bachelor of Science in accounting and business administration from the University of Kansas.

Kevin Strauss brings over 25 years of experience in the Investment Management sector, specializing in the management of equity and fixed income portfolios. Before joining Advisors Capital, Mr. Strauss held the position of Vice Chairman at Abner Herrman & Brock, where he also served as a key member of the investment committee. Prior to this, he dedicated eight years to Citigroup Global Asset Management, steadily advancing from a Research Analyst to the role of Senior Portfolio Manager within the firm’s institutional and Private Client Groups. Outside his professional achievements, Mr. Strauss has been an active contributor to various organizations. He previously served as a member of the Board of Directors for the Bergen County NJ YJCC and acted as the Chairman of its Endowment Committee. Currently, he holds the role of Trustee for the New Jersey Business + Industry Association (NJBIA) Benefits Trust and fulfills the role of a board member for the Association Master Trust.

Michael is a Partner at Advisors Capital Management. Following his graduation from Boston University in 2001, Michael started with Advisors Capital as its second employee. Throughout his tenure, he has demonstrated exceptional proficiency in designing and implementing streamlined trading, support, and distribution models while assuming diverse roles within the organization. In his current capacity, Michael focuses on cultivating and advisor and home office relationships. His primary goal is to ensure that advisors enjoy a seamless experience, enabling them to deliver tailored portfolio management solutions to their clients. Michael is dedicated to advancing advisor education in order to enhance the overall client experience..