Spencer S. Marsh III, CFA, CIC, RIA – Senior Managing Director
Spencer Marsh is a senior managing director at Beacon Trust Company. He is seasoned specialist in consumer non-durable and consumer cyclical sectors.

Prior to joining Beacon Trust, Mr. Marsh served as managing director in the private client group at E.M. Warburg Pincus & Co, where he managed portfolios for high net worth individuals, foundations and profit-sharing accounts.

Mr. Marsh received a bachelor’s degree in economics from Princeton University and received a MBA from New York University’s Graduate School of Business. Mr. Marsh is a chartered financial analyst (CFA), certified insurance counselor (CIC) and registered investment advisor (RIA).

Edward T. Tokar, CPA – Senior Managing Director
Edward Tokar is a senior managing director at Beacon Trust Company, where he has worked in the financial industry for 37 years.

Prior to joining Beacon Trust, Mr. Tokar served as chief executive officer of Allied Capital Management, LLC as well as vice president of investments and corporate officer at Honeywell International, Inc. for 27 years.

During his tenure at Honeywell and its predecessor company, AlliedSignal, Inc., where he was responsible for more than $18 billion of employee benefit fund assets worldwide, investment returns were nationally recognized for superior performance.

Mr. Tokar is a director of CH Energy Group and the Gabelli Dividend and Income Trust Gabelli Global Deal Fund. Additionally, he has served as a director, trustee and advisory board member for a number of leading U.S. and international investment organizations, including DB Hedge Strategies, the Topiary Fund for Benefit Plan Investors, Levco Series Trust Mutual Funds, Investcorp Hedge Fund of Funds, RFE Investment Partners and Teton Advisors, Inc.

Mr. Tokar received a bachelor’s degree with high honors from the University of Maryland and a MBA from the College of William & Mary, where he continues to serve as Trustee Emeritus and is a member of the Mason Business School Foundation Board. He also is a certified public accountant (CPA).

Richard B. Cawthorne – Managing Director, Portfolio Manager
Richard Cawthorne is a managing director and portfolio manager at Beacon Trust Company.

Mr. Cawthorne has been in the financial industry for 50 years. Prior to joining Beacon Trust, he was president and CEO of Furgueson Capital Management. In addition to managing accounts, he headed the firm’s Investment Policy Committee.

Earlier, Mr. Cawthorne was vice president and senior investment officer at Bankers Trust Company (now Deutsche Bank) for more than 30 years. While at the bank, Mr. Cawthorne was responsible for the core trust group that supervised portfolios of $4 billion of trust assets. He served as chairman of the Trust Investment Committee and personally managed $600 million of trust and advisory assets.

Mr. Cawthorne received bachelor’s degrees in economics and finance from Lehigh University. He formerly served as treasurer and director of the John Hart Hunter Educational Foundation, Inc. as well as treasurer and director of the Kappa Society, his national social fraternity. In addition, Mr. Cawthorne served as an advisor, finance chairman, and treasurer for his church and for his fraternity’s alumni board at Lehigh University.

Osman Arain – Senior Vice President, Portfolio Manager
Osman Arain is senior vice president and portfolio manager at Beacon Trust Company. He has worked in the financial industry for over seven years.

Prior to joining Beacon Trust, Mr. Arain served as vice president of quantitative strategy and product analysis at Clear Asset Management, where he co-led the development of the firm's multifactor models. He was a key team member in the evolution of the firm's core equity strategies along with the development of new products.

Earlier, Mr. Arain worked at Bear Stearns in equity research and at Susquehanna Investment Group at the Chicago Board Options Exchange. He also researched the institutional financial markets at Greenwich Associates and consulted to financial services clientele for IBM's strategy and change group.

Mr. Arain received a bachelor’s degree in economics from Dartmouth College and a MBA in finance from Columbia Business School. He has also earned the chartered financial analyst (CFA) designation.

Erik Vadeika – Managing Director, Portfolio Manager
Erik Vadeika is a managing director and portfolio manager at Beacon Trust Company. He has been in the financial industry for more than 20 years.

Previously, Mr. Vadeika worked at PNC Wealth Management, where he provided comprehensive investment solutions for private and trust portfolios. Prior to becoming a portfolio manager, he served as a corporate manager at the American Stock Exchange and also served as a bank financial analyst.

Mr. Vadeika was recently recognized as a "Five Star Portfolio Manager” according to a recent poll in New Jersey Monthly magazine.

He received a bachelor’s degree in business management from Gettysburg College and is a CFA charter holder (Chartered Financial Analyst). He also is a member of the New York Society of Security Analysts.

Jennifer M. Coury – Managing Director, Portfolio Manager
Jennifer Coury is a managing director and portfolio manager at Beacon Trust Company.

Prior to joining Beacon Trust, Ms. Coury was a vice president at Jamison, Eaton and Wood, where she provided investment services for high net worth clients. Her contribution to the firm included participating on the investment and strategy team, equity research and writing the monthly communication letter to clients.

Ms. Coury has been in the financial industry for more than 30 years. Her career as a portfolio manager began in the mid-1990s at the Bank of New York Mellon, where she managed $800 million trust and personal investment accounts, retirement accounts, and charitable trusts. She also supervised a team of portfolio managers. Earlier, Ms. Coury worked at Lehman Brothers as an equity analyst. She was recognized as an “Institutional All Star Analyst” by Institutional Investor Magazine for her work analyzing the beverage and tobacco industries from 1987 to 1994. She was a managing director at Lehman Brothers.

Ms. Coury received a Bachelor’s of Science degree from Oakland University in Michigan. She is a chartered financial analyst (CFA) and a certified financial planner (CFP). In addition, Ms. Coury is a member of the New York Society of Security Analysts and is an active member of the Northern New Jersey Investment Forum.

William J. Cashin – Senior Vice President, Fixed Income Portfolio Manager
Mr. Cashin is senior vice president and fixed income portfolio manager at Beacon Trust Company. He has more than 40 years experience in the financial industry.

Prior to joining Beacon Trust, Mr. Cashin was in institutional fixed-income sales at Citibank, Sanwa Securities and Barclays Capital. Previously, he was responsible for the daily management of Citibank's taxable domestic investment portfolio, which included Treasury, agency and mortgage-backed securities, as well as financial futures. Mr. Cashin’s investment career began at General Motors, where he ran their liquidity portfolio.

Mr. Cashin has a bachelor’s degree from Villanova University and received a MBA from the Wharton School of the University of Pennsylvania. He is a certified public accountant (CPA), chartered financial analyst (CFA) and a chartered market technician (CMT).