St. Germain Investment Management Announces New Hires

SPRINGFIELD — St. Germain Investment Management announced the hiring of Richard Bleser as vice president and portfolio manager, and Thaddeus Welch as portfolio manager.

Bleser manages investment portfolios, assists with trading, and performs analytical duties on both the fixed-income and equity sides. He brings experience and knowledge in fund analysis and portfolio management. He was previously the chief investment officer at Berkshire Bank in Pittsfield. While
at Meridian Capital Partners Inc., he was responsible for macroeconomic, S&P 500, and hedge-fund analysis.

Prior to Meridian, Bleser was an equity analyst with Paradigm Capital Management Inc., where he generated long- and short-investment ideas in the small-cap specialty retail, leisure, and technology-distribution sectors. He began his career as a client analyst with Ayco Co., a Goldman Sachs Company.

Active within the community, he has been involved with nonprofits and is also a trustee for the Berkshire Housing [401(k)] Plan. He holds bachelor’s degrees in economics and business administration from the State University of New York at Albany.

Welch is responsible for managing trading activities and performing fundamental economic and sector research to assist in investment strategy development. He comes to the firm from Berkshire Bank in Pittsfield, where he managed portfolios in addition to providing analysis and research on market, corporate, and economic activities.

Prior to Berkshire Bank, Welch was an assistant portfolio manager and a member of the investment committee at Spinnaker Trust in Portland, Maine. He received his bachelor’s degree in economics from Bowdoin College. He has completed all three levels of the CFA (Chartered Financial Analyst) program.

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