Thomas J. Herzfeld is Chairman of Thomas J. Herzfeld Advisors. Mr. Herzfeld began his career in the securities industry in the 1960's and formed a New York Stock Exchange member firm in 1970, where he was the youngest Managing Partner of a NYSE member firm at the time. Tom is widely considered to be the leading expert in the field of closed-end funds, and was frequently on Wall Street Week with Louis Rukeyser and the Nightly Business Report with Paul Kangas throughout the eighties and nineties. He is the author of the first textbook published on the subject: The Investor's Guide to Closed-End Funds (McGraw-Hill, 1979), as well as five other books dedicated to the industry. TJH was the publisher of the industry's most comprehensive monthly research report for 28 years, and has been interviewed as a leading authority on the subject countless times.

Education

Philadelphia University, LHD (Hon. Doctorate of Humane Letters)

Philadelphia University, BS in Business Administration

As President and Portfolio Manager, Erik leads the firm's investment strategy and has direct portfolio management responsibility for its structured credit platform with respect to both private and public funds. He oversees fund structuring and capital formation across the firm's onshore and offshore complexes and spearheads the firm's global institutional investor relationships. He is also responsible for firm-level oversight of trading, financing, and hedging activity, and for the build-out of the firm's investment, marketing, and operations teams. Prior to joining the firm, Erik spent a decade in derivatives and FX options trading roles with Lehman Brothers and JPMorgan Chase. He began as a quant on the equity derivatives research desk at Lehman Brothers, where he was responsible for pricing exotic derivatives structures and developing quantitative trading strategies for the proprietary dispersion trading group. He then moved to JPMorgan, where he was Head of FX Derivatives Correlati

Education

MIT Sloan School of Management, SM, Financial Engineering

Johns Hopkins University, BA in Economics with a concentration Applied Mathematics

Brigitta Herzfeld leads Business Development and Client Relations at the firm. Her career includes experience in the Japanese Equities Division of Lehman Brothers in Tokyo, where she was part of the Japanese Equities Research Sales team covering International clients. She also worked in the Investment Management Division of Goldman Sachs in New York City and Miami. Brigitta currently serves as a member of the MIT Educational Council.

Education

MIT Sloan School of Management, MBA

Stanford University, MA, East Asian Studies

Bowdoin College, BA, Government and Legal Studies

Joined the firm in 2018. Industry start date 2006. Tom is an attorney with over 35 years of legal and business experience. He began his legal career in Boston focusing on corporate finance, regulatory, and banking matters. Tom's regulatory and legal experience includes acting as chief compliance officer and general counsel for a variety of fund managers in the financial services industry, including hedge funds, private equity funds and commercial real estate funds. He also founded and developed a custom software development company in the financial services industry and was an Executive Vice President – Operations for Viewpoint Corporation, a public company in the graphics technology industry.

Education

Boston College School of Law, JD

Harvard College, AB in Economics

Joined the firm in 2012. Industry start date 2004. Ryan is a portfolio manager for the firm’s separately managed account strategies, private funds, and publicly listed closed-end fund. Ryan is also responsible for trading and analysis of the firm’s strategies. He has been interviewed by many financial publications such as Bloomberg, The Wall Street Journal, The Financial Times and more.

Education

Williams College, BA in Political Science

Alex Knapp, CFA, is a Portfolio Manager for the private funds and fixed income business at the firm. He is responsible for sourcing, underwriting, structuring, and closing all of the private transactions at the company. He also manages the firm’s short-duration investment grade fixed income portfolio. Before joining Thomas J. Herzfeld Advisors, Inc., Alex had experience in alternatives and fixed income at Aviva Investors, Ballentine Partners, and Banco Santander. Alex is a published contributor to Bloomberg, has been quoted in the Financial Times, and has spoken at industry conferences across the country. He holds FINRA Series 65 and is a Chartered Financial Analyst charterholder.

Education

Bentley University, BS in Finance

Chartered Financial Analyst (CFA) Charterholder

Tim joined Herzfeld in 2023 to manage the firm's marketing and distribution efforts. He brings experience from Wavelength Capital Management, where he developed their marketing and distribution platform. He has also overseen the distribution strategy for alternative mutual funds across the eastern United States at Sincere & Co. Additionally, Tim worked at Wescott, a large RIA based in Philadelphia, after working for several years with an actuarial consulting firm in NYC. Baruch College - City University of New York, B.A., Actuarial Science

Education

Baruch College - City University of New York, BA in Actuarial Science

Alice Tham is Head of Operations at the firm. Alice handles daily trade processing, allocations, and confirmations. She also works on regular day-to-day due diligence, client requests and reporting for both retail and institutional clients. Alice joined the firm in 2012, prior to which she worked in the Client Services Group of the Investment Accounts Division at Scottrade/TD Ameritrade. Alice is fluent in Cantonese.

Education

Florida International University, BA in International Business and Finance

Kevin Carey-Trickett is Director of Private Fund Operations at the firm. He is responsible for all operational matters relating to the private fund, co-investment vehicles and the firm’s short-duration investment grade fixed income portfolio. He also acts as operational support to the SMA and publicly listed fund department of the firm. Prior to joining Thomas J. Herzfeld Advisors, Inc., Kevin served in various senior fund accounting and credit operational positions with private fund administrators located in the Cayman Islands and Ireland. He is a graduate of Technological University of the Shannon: Midlands Midwest (TUS) (previously: Athlone Institute of Technology), Ireland, a Fellow Member of the Institute of Accounting Technicians Ireland (FIATI), a member of The Chartered Governance Institute of Canada (Acc.Dir.), and a Certified Anti-Money Laundering Specialist (CAMS).

Education

Athlone Institute of Technology, BBS in Business & Accounting

Dublin Business School, IATI in Accounting

George joined the firm in 2024 as Deputy CCO, overseeing compliance policy and cybersecurity. He brings extensive experience from compliance consulting firms, including London-based Laven Partners, where he led US compliance services for overseas firms. George conducted global due diligence for a major European bank and possesses expertise in front office systems, IT, ESG, and regulatory compliance. With 15 years in financial services technology at firms like T. Rowe Price and LPL Financial, he also has a background in financial reporting and Sarbanes-Oxley controls from his time at Viewpoint Corporation and Dun & Bradstreet.

Education

Denison University, BA in History, English

Donna joined the firm in 2024 having over 10 years of experience as a compliance professional at a global compliance consulting firm, supporting compliance operations across a variety of asset management firms. In addition to acting as coordinator for all compliance initiatives within the Compliance Department, Donna directly supports the firm’s compliance monitoring functions including monitoring of electronic communications, personal trading, trade allocation, and other key portfolio management policies.

Experience

TMorgan Advisers LLC ( 2015 - 2025 ) - Global Regulatory Compliance Associate

Rhowan Ahmed joined the firm in 2025 as a Senior Investment Analyst. She is responsible for trading and analyzing the firm’s investment strategies, including separately managed accounts (SMAs), private funds, and publicly listed closed-end funds. Rhowan has built a diverse background across banking, asset management, and wealth management at J.P. Morgan and BlackRock. At BlackRock, she served as a portfolio manager and trader on the Global Fixed Income team, working on the Securitized Assets desk with a specialization in collateralized loan obligations (CLOs). She is fluent in Arabic and has passed Level I of the CFA Program.

Education

Florida International University, BBA in Finance and Information Systems

Josh joined the firm in July 2025 as an Investment Analyst, having previously interned with the Herzfeld Team in 2024 and 2025. He works closely with our portfolio managers and investment team, providing analysis and due diligence support across the firm’s investment strategies. Josh earned his graduate degree in Financial Planning from New York University and holds a Bachelor of Arts in Finance and Business from Saint Anselm College. He was a member of the Men’s Basketball team at both institutions.

Education

New York University, MS in Financial Planning with a focus in Financial Analytics

St. Anselm College, BA in Finance and Business

Neil joined the firm in June 2025 as an Investment Analyst. He works closely with our portfolio managers and investment team, providing analysis and due diligence support across the firm’s investment strategies. Neil obtained his graduate degree in finance at the University of Pittsburgh, where he competed on their Division I swim team. He is also a graduate of Colby College, earning a Bachelor of Arts in Economics and completing internships in investment banking and asset management. He was also the president of Mayflower Hill Capital, Colby’s student run investment fund.

Education

University of Pittsburgh, MS in Finance

Colby College, BA in Economics: Financial Markets & Classics

Joined the firm in 2025 to support the day-to-day operations of our registered and private funds. Jack works closely with the firm’s operations, finance, legal and compliance teams, as well as our key third-party service providers (fund administrators, transfer agents, custodians and distributors). Assist with oversight of the fund’s third-party service providers, including administrator, Custodian, and transfer agent.

Education

Golisano Institute for Business and Entrepreneurship

Cameron has worked with the firm since May 2023, recently joining full-time as an investment analyst. Cameron works closely with our portfolio managers and investment team, providing analysis and due diligence support to the firm's regulated debt strategy as well as the firm's commercial real estate fund. He also assists in the firm's marketing and distribution efforts. While in school, Cameron served as president and board member of many nonprofit organizations.

Education

University of Miami, BA in Economics with a minor in Finance

Joined the firm in 2026 as Controller, responsible for accounting and financial reporting matters for the advisor and its affiliated investment vehicles. Valerie has more than 20 years of accounting and finance experience across private equity, alternative investments and fund accounting. Prior to joining Thomas J. Herzfeld Advisors, Inc., she was the Chief Accounting Officer at Hudson Sustainable Group, where she led the accounting and financial reporting function across the firm’s investment platform, including fund accounting and administration, audit and tax coordination, valuations, compliance and domestic and international financial operations. Earlier in her career, Valerie held various accounting and finance positions at Corporate Partners, Goldman Sachs and Morgan Stanley after beginning her career as an auditor at Ernst & Young. Valerie is a Certified Public Accountant in the State of New York.

Education

Fairfield University, BS in Accounting

Certified Public Accountant, New York