Leonard M. Rush, CPA
Independent Trustee, Chair
Len Rush has served in several different senior executive roles at various global financial services firms.
Most recently, Mr. Rush served as Managing Director and the Chief Financial Officer of Baird, Baird Holding
Company, Baird Financial Corporation and is the Treasurer for Baird Funds. Prior to joining Baird in 2000, Mr.
Rush spent nine years at Fidelity Investments, where he was CFO of its four broker dealers, Vice President/
Head of Compliance and Assistant Treasurer for the funds. Prior to Fidelity, Mr. Rush was a Vice President at
Credit Suisse First Boston, a Manager with Goldman, Sachs & Co. and a Senior Manager with Deloitte & Touche.
Mr. Rush holds a BBA, with a focus in Accounting, from the University of Wisconsin-Madison and a Masters
of Business Administration from New York University. Mr. Rush is also a Certified Public Accountant.
David A. Massart is a co-founder, Chief Investment Strategist and President of Next Generation Wealth Management,
Inc., a SEC registered investment advisory firm. Mr. Massart has 18 years of financial experience working with high
net worth individuals, families, trusts and retirement accounts. David’s responsibilities include: setting the firm’s
overall strategy, strategic and tactical asset allocation decisions, investment manager evaluation/selection and
client relationship management. He is the lead member of Next Generation Wealth Management’s Investment
Committee. Prior to co-founding Next Generation Wealth Management, Mr. Massart was a Manager at Wells Fargo
Investments, LLC and a Managing Director of Strong Private Client. With David’s leadership and entrepreneurial
spirit, he was responsible for building a wealth management team that managed over $275 million in client
assets. Mr. Massart has been a featured presenter on a broad range of wealth management issues, including asset
allocation, portfolio design, tax aware investment strategies and implementation of investment best practices
over the past eighteen years. Mr. Massart holds an undergraduate degree in Business Management from the
University of Minnesota where he was awarded a varsity tennis scholarship, receiving a Bierman Academic Scholar
for 3 consecutive years. Mr. Massart’s team won two Big Ten Men’s Tennis Championships and was selected by his
teammates as a co-captain during his senior season. Mr. Massart co-founded Next Generation Philanthropy, LLC and
is the founder of Next Generation Entrepreneurs Group. Mr. Massart serves on several advisory boards in Wisconsin.
Mr. Ronald Beckman, CPA
Independent Trustee, Financial Expert
Ronald Beckman is a retired partner from the Business Assurance (Audit) practice of PricewaterhouseCoopers
LLP. Mr. Beckman served his entire 36 year career in the accounting profession, 32 of those years with
PricewaterhouseCoopers LLP. Mr. Beckman specialized in accounting assurance for a variety of pooled investment
product types including both registered investment companies and private investment products. Mr. Beckman’s
expertise includes all mutual fund structures, hedge funds, limited partnerships, common trust funds, and
insurance products of all investment strategies. Mr. Beckman managed business assurance services for investment
management, manufacturing, construction, real estate and not-for- profit firms during his career. Mr. Beckman
holds a B.S. in accounting (magna cum laude) from Mankato State College and is a Certified Public Accountant.
Mike Castino, Officer
Chairman and Interested Trustee
Mike Castino serves as business development officer for the Exchange Traded Funds and Unit Investment Trusts division.
Mr. Castino joined U.S. Bancorp Fund Services in 2013 with more than 20 years of business development, relationship
management, marketing, managerial experience, and futures/equity trading experience. Prior to joining U.S. Bancorp
Fund Services, Mr. Castino worked for Zacks Investment Management as managing director of the Index Services
Division. He also held the position of vice president of Institutional Sales for Claymore ETFs (now Guggenheim Funds)
and was senior floor trader at the Chicago Mercantile Exchange for a major Wall Street trading firm. Mr. Castino received
his Bachelor of Arts degree in business management from Illinois State University and is Series 7 and 66 licensed.
Paul Fearday, CPA
President and Assistant Treasurer
Paul Fearday has more than ten years of experience in the financial services industry. Mr. Fearday was a project
manager on the establishment of exchange traded fund servicing at U.S. Bancorp Fund Services and leads
the ETF Fund Administration team. Prior to joining U.S. Bancorp in 2008, Mr. Fearday was an audit manager
with PricewaterhouseCoopers LLP, specializing in auditing and assessing the internal control structure of
regulated investment companies, hedge funds, and investment advisers. Mr. Fearday also worked on SAS70
audit engagements over investment advisers and services providers. Mr. Fearday received his Bachelor of
Business Administration and Master of Accountancy degree from the University of Wisconsin-Madison.
Michael D. Barolsky, Officer
Esq., Vice President and Secretary
Michael Barolsky is an attorney experienced in providing legal assistance to fund complexes and investment
advisers with respect to the registration, regulation and operation of mutual funds and exchange-traded funds.
Mr. Barolsky currently serves as Vice President and Legal Administration Manager for U.S. Bancorp Fund Services,
LLC, which he joined in 2012. Prior to joining USBFS, Mr. Barolsky practiced law with the investment management
group of a national law firm where his practice focused on counseling investment companies and investment
advisers in all aspects of compliance with federal and state securities laws. Before practicing law, Mr. Barolsky
was a management consultant in the strategy and operations practice of Deloitte Consulting LLP working with
companies in the financial services, telecommunications, and health care sectors. Mr. Barolsky received his Juris
Doctor from The George Washington University Law School and holds a Bachelor of Arts in global business and
political dynamics and a Bachelor of Science/Bachelor of Arts in business management from Boston University.
Mike McVoy, Esq.
Chief Compliance Officer
Mike McVoy serves as Chief Compliance Officer, Risk Manager, and Anti-Money Laundering Officer of U.S. Bancorp
Fund Services. Mr. McVoy joined U.S. Bancorp Fund Services in 1986 as Legal Counsel and has more than 27 years
of mutual fund compliance experience. Mr. McVoy obtained his undergraduate degree in business administration
and his Law Degree from Marquette University. Mr. McVoy is also one of the original authors of the National
Investment Company Service Association’s Transfer Agent Compliance Guide and Checklist. In 2013, Mr. McVoy was
appointed as Co-Chair of the National Investment Company Service Association’s Transfer Agent Committee.
Kristen Weitzel, CPA
Kristen Weitzel serves as fund administrator for a select group of U.S. Bancorp Fund Services clients. She was a project
manager on the establishment of exchange traded fund servicing at U.S. Bancorp Fund Services and is now a member
of the ETF Fund Administration team. Ms. Weitzel has more than eight years of experience in the financial services
industry. Prior to joining U.S. Bancorp in 2011, Ms. Weitzel was an audit manager with PricewaterhouseCoopers
LLP, specializing in auditing and assessing the internal control structure of regulated investment companies,
hedge funds, broker dealers, and other financial services organizations. Ms. Weitzel received her Bachelor of
Business Administration and Master of Accountancy degrees from the University of Wisconsin – Madison.