Professional: Mr. Westcott is a co-founder and principal of Government Portfolio Advisors and serves as the Chief Executive Officer and as a Senior Advisor. Mr. Westcott has over forty-five years of experience advising public entity institutional clients that invest in high quality fixed income portfolios.
The institutional clients that he advises include state general funds, city and county operating funds, universities, water districts, power districts and public financing authorities. Mr. Westcott is responsible for directly advising clients on all aspects of the investment management process including the development and implementation of fixed income portfolio strategies, establishing duration targets, portfolio risk management and credit analysis.
Prior to co-founding GPA, Mr. Westcott was a Managing Director for Davidson Fixed Income Management from 2002 until 2014. While at DFIM he was part of the Portland team that managed over $5 billion in total assets. Mr. Westcott was one of the industry’s early advocates of applying fixed income portfolio benchmarks and total return analysis to public fund general fund management. Benchmarking for public entity general funds have become a widespread vehicle to help manage risk/returns, increase accountability and heighten communication for fiduciary oversight. Total return analysis provides for the accountability of interest rate volatility and relates to various GASB requirements.
Educational: Mr. Westcott received his Bachelor of Arts degree in Business Administration from Lewis and Clark College. He holds the designation of Chartered Financial Analyst (CFA–1989) through the CFA Institute and is a member of the Portland Society of Security Analysts. He also holds his series 63 and 65 FINRA advisory licenses with GPA. He has additional FINRA broker/dealer licenses that are currently inactive: 3, 7, and 8. He has been an Investment Advisory Representative since 1995.
