About Shelton®

CEO

Steve Rogers

Steve Rogers is the Chief Executive Officer and Portfolio Manager at Shelton Capital Management. Steve has over 30 years of experience and joined Shelton Capital in 1993. He earned an MBA from the University of California, Berkeley and a B.A. from the University of Iowa.

Managing Director

Dennis Clark

Dennis Clark joined the firm in January 2011 and is responsible for developing sales, marketing,  and strategy initiatives. Dennis had a long career as a senior executive at Charles Schwab and for the prior ten years as president of Advisor Partners. Dennis earned a B.S. in Finance from the University of Oregon.

General Counsel and CCO

Greg Pusch

Greg Pusch is General Counsel and Chief Compliance Officer. Greg joined the firm in March 2017 with a background of leading legal and compliance functions at firms including HarbourVest Partners and Pyramis Global Advisors (a unit of Fidelity Investments) in Boston. Greg also practiced investment management law at Ropes & Gray and Paul, Hastings. He received his law degree from the University of Pennsylvania and served as a naval officer after graduating from the U.S. Naval Academy.

CIO and Portfolio Manager

Derek Izuel, CFA

Derek joined Shelton Capital Management in January 2022 as Chief Investment Officer and Portfolio Manager of the International Fund and the Emerging Markets Fund. He has over 24 years of portfolio management experience at Invesco, HighMark Capital and Vitruvian Capital. Derek earned his MBA from the Ross School of Business at the University of Michigan and a B.S. in Computer Science from the University of California at Berkley.

Chief Operating Officer

Rachel Skyward

Rachel Skyward is a seasoned operating executive and entrepreneur with a track record of driving transformational growth across a variety of business and consumer-focused industries. She has held C-suite roles leading marketing, sales, and operations for startups to the Fortune 500.

Rachel has deep expertise in enterprise innovation, M&A, operational leadership and brand strategy. She is skilled in scaling teams, optimizing operations, and launching high-growth initiatives to accelerate revenue growth and market expansion.

Outside of work, Rachel enjoys cycling of all disciplines, competitive skydiving, and mountain climbing adventures – having completed all 58 14ers near her home in Colorado.

She holds a B.S. in Journalism from Middle Tennessee State University.

National Sales Manager

Josh Fudge

Josh Fudge joined Shelton Capital Management in 2019.  He is a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives.

Prior to joining Shelton Capital Management, Josh held various roles in the investment industry most recently with RBC Wealth Management where he was responsible for investment analysis and client growth. The majority of Josh’s career has been focused on sales and distribution as a Director with WHV Investments, a VP at SteelPath/OppenheimerFunds, and various positions at Janus Capital Group. Away from work he enjoys skiing, hiking, and spending time outdoors with his wife, three children, and their dog Bailey.

Josh is a graduate of Miami University (Oxford, OH).

Director, National Accounts

Ryan Groves

Ryan Groves joined Shelton Capital Management in 2016.

Ryan leads the firm’s National Account efforts working primarily with home office analyst, CIOs, and relationship managers. Ryan’s role is to extend and deepen Shelton’s relationship with key financial advisory firms by developing partnerships, and working closely with investment research teams to understand and compliment their investment insights and process. Prior to joining Shelton Capital Management, Ryan has held sales and client service positions with WHV Investments, ALPS Funds, and State Street Bank.

Ryan lives in Denver with his wife, Stephanie and their young daughter, Piper. Ryan spends a lot of his free time racing exotic cars in a semi-pro racing league. Ryan graduated from the University of Kansas with a degree in Business and Art History.

Director, Advisor Services (Great Lakes)

Matt Gunter

Matt Gunter joined Shelton Capital Management in 2021. He is a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives.

Prior to joining Shelton Capital Management, Matt was most recently a Director of Business Development with Segall Bryant & Hamill. Prior to that role, he held VP of Sales positions with Westcore Funds and Scout Investments, serving the RIA, Family Office and Bank Trust channels. Earlier in his career, Matt worked as a financial advisor at UBS-PaineWebber, Bankers & Investors and American Century Investments.

When he is not working, he enjoys fishing in Mexico, smoking homemade BBQ and staying physically active. Before relocating to Denver, Matt played rugby with the Kansas City Blues Rugby Club for several years and remains an active alumni member.

Director, Advisor Services (Southeast)

Jeff Medina

Jeff Medina is a member of the Advisory Services team focused on sales in both the Northeast and Southeast regions. Jeff cultivates new advisor relationships and works to enhance relationships with our existing advisor clients.

Jeff graduated from the John F. Welch College of Business at Sacred Heart University with a degree in Finance.

Prior to Shelton Capital Management, Jeff held positions ranging from fund sales to portfolio construction for ultra-high net worth clients. Jeff enjoys spending his free time playing various sports such as softball and golf while also serving on the Board of Directors for the Social Services Department in the Town of Greenwich.

Director, Advisor and Institutional Consultant Relations (West)

Laura Bevill, CAIA

Laura Bevill joined Shelton Capital Management in October 2023. She is a member of the Advisory Services Team with a focused responsibility leading sales and marketing initiatives on the West Coast.

Laura joined the financial world as an investment consultant for Rogerscasey after completing her MBA in 2006.  Following the Credit Crisis, Laura represented global asset managers to investment consultants and advisors, serviced clients and launched investment funds. More recently, Laura led Advent Capital Management’s first private convertibles fund launch. In mid-2021, Laura joined SVB Capital, the capital arm of Silicon Valley Bank, to lead the launch of two private credit funds.  Previously, she held positions at BlueBay Asset Management, Fortress Investment Group and Apollo Global Management. Laura earned the CAIA designation and is currently studying for Level II of the CFA.

Laura resides in San Clemente, CA. In her free time, she enjoys hiking, surfing, and spending time with her two lovable chocolate labradors.

Director, Advisor Services (Central)

Jason Shidler

Jason Shidler joined Shelton Capital Management in 2023.  He is a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives.  Jason is a product management and investment specialist with over 20 years of strategic relationship development across both intermediary and institutional markets. 

Prior to joining Shelton Jason was with Robeco Asset Management for 7 years splitting roles between the Senior Director of Sales as well as Head of National Accounts.  Prior to Robeco, Jason spent 7 years with Schroders Investment Management where he was a Senior Director on their offshore sales team.  Away from work, he enjoys spending time outdoors fly fishing, skiing, and mountain biking with his family.

Jason is a graduate of Colorado State University where he earned his Bachelor of Science in Finance and Real Estate.

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Director, Institutional Sales

Tony Brown

Tony joined Shelton Capital Management in May 2023 through the acquisition of Rockwood Capital Advisors, LLC. Tony was a founding partner and has accumulated more than three decades of experience in the investment management industry, specifically in employee benefits, pension administration and investments. Prior to the formation of Rockwood Capital, he spent nine years with Boatmen’s Trust Company where he specialized in client service and marketing with an emphasis on public funds and jointly-trusteed benefit plans. From 1988 to 1991, Tony served as manager of Boatmen’s master trust/custody division. Previously, he was with the Bank of New York for more than ten years where he directed a master trust relationship management team.

Tony studied accounting and business administration at Pace University in New York. He is a member of the Association of Investment Management Sales Executives and the National Association of Securities Professionals.​

Internal Sales Associate

Alexa Tuers

Alexa Tuers joined Shelton Capital Management in June of 2024. Graduating from the University of Oregon with a B.A.  in Economics, she has a foundation in economic principals and monetary analysis. Prior to Shelton, she worked with Charles Schwab specializing in customer relations and financial support. Away from the office, Alexa finds joy in outdoor activities embracing Colorado’s natural beauty by engaging in hiking, skiing and camping. She has a deep appreciation for travel and exploring new culinary delights. Alexa embraces a harmonious approach to life blending professional achievement with meaningful connections and experiences. 

Internal Sales Associate

Nick Mantel

Nick Mantel joined Shelton Capital Management in July of 2025. Driving him to move to Colorado from Kansas City, he graduated from Colorado State University with a B.A. in Finance and a Minor in Economics. Prior to Shelton, Nick worked at Fidelity Investments where he specialized in assisting small business owners with maintaining their retirement plans by utilizing IRS tax codes.

Away from the office, Nick enjoys bringing creative ideas to life through 3D printing, electrical engineering, and graphic design. When he’s not creating, Nick enjoys camping, snowboarding, and playing volleyball in Colorado’s beautiful scenery. Referring to himself as a “Master of None”, Nick has an insatiable hunger for learning and bettering himself in everything he finds interesting.

Internal Sales Associate

Paul Laffrenzen

Paul Laffrenzen joined Shelton Capital Management in June of 2024. He is an Internal Sales Associate and a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives. Prior to joining Shelton Capital Management, Paul was a Hybrid Advisor Consultant for Segall Bryant & Hamill. He worked in partnership with the external business development team to promote SBH’s separately managed accounts (SMAs) and ’40 Act Funds to the intermediary marketplace. Paul joined the firm in May 2018 as part of SBH’s acquisition of Denver Investments. During his 14-year tenure with Denver Investments, Paul served as the National Internal Wholesaler supporting the External Sales Team. Prior to joining Denver Investments in June 2002, Paul was a Top Producer Representative for AIM Investments and, before its merger into AIM Investments, worked as a Top Producer Internal Wholesaler for Invesco Funds. Paul began his investment industry career with OppenheimerFunds where he held various Advisor and Client servicing roles. Paul has been in the investment industry since 1996.

Away from work Paul enjoys spending time with his family & friends, traveling, playing poker and fishing. He, his wife Erin and their two boys all reside in the Denver area.

Paul earned his B.A. from Winona State University in 1991.  

Portfolio Manager

Barry Martin, CFA

Barry Martin, CFA, is a Portfolio Manager for Shelton Capital Management’s Option Overlay Strategies. Prior to joining the firm, Mr. Martin was Senior Vice President of portfolio management for an investment management firm specializing in option strategies and has been managing options for over 20 years. He received a B.S. from the University of Arizona.

Portfolio Manager

Bruce Kahn, Ph.D.

Dr. Bruce Kahn is the lead Portfolio Manager of the Shelton Sustainable Equity Fund. Previously, Bruce was responsible for delivering technical advice to investors on MSCI’s ESG and Climate Solutions tools and data sets for investment decision making, risk management, reporting and engagement. His previous 18 years of work experience included portfolio management and other responsibilities at firms such as Citibank, Deutsche Bank, Macquarie Global Inc., and Sustainable Insight Capital Management. Dr. Kahn earned a PhD in Land Resources from University of Wisconsin, Madison, an MS in Fisheries and Allied Aquacultures from Auburn University, and a BA in Ecology and Evolutionary Biology from the University of Connecticut. Bruce served as an Agriculture Extension Agent in the United States Peace Corps in the Republic of Cameroon, (1989-1993), as a Fulbright Scholar in Israel from 1999-2001 and has been teaching courses in Sustainable Finance, Statistics and Agriculture as an adjunct professor at Columbia University’s Earth Institute since 2012. 

Head of Fixed Income and Sr. Portfolio Manager

Peter Higgins

Peter Higgins has over 25 years of experience in fixed income investing, most notably as Partner and Lead Portfolio Manager at both Ares Management and BlueBay Asset Management. Previously, Peter specialized in global leveraged finance at investment banks such as Deutsche Bank AG, Goldman Sachs & Co. and Credit Suisse in both London, England, and New York City. Peter earned a bachelor’s degree in Economics-Political Science from Columbia University.

Sr. Portfolio Manager

Gary Stringer, CFA

Gary Stringer, CFA is a Senior Portfolio Manager at Shelton Capital Management. Prior to this role, he served as the President and Chief Investment Officer for Stringer Asset Management, LLC (SAM) and led the portfolio management efforts for the Firm’s separately managed account portfolios. In this role, he worked with the team to develop the Firm’s investment management process, strategic and tactical allocations, as well as security selection. Prior to co-founding SAM in February 2013, Mr. Stringer was a Managing Director at Morgan Keegan and Company, Inc. where he served as the Director of Investments for Morgan Keegan’s Wealth Management Services division. Mr. Stringer holds a Bachelor of Science degree in Marketing from the University of Maryland, as well as the Chartered Financial Analyst (CFA) designation, and is a member of the CFA Society Austin. He has also completed the Securities Industry Institute sponsored by the Securities Industry and Financial Markets Association and the Wharton School. Additionally, Mr. Stringer speaks at various industry conferences and is a frequent contributor to financial industry publications.

 

Sr. Portfolio Manager & Head of ETF Trading

Jonathan Molchan

Jonathan Molchan serves as the Senior Portfolio Manager & Head of ETF Trading at Shelton Capital Management. Prior to this, Mr. Molchan served as the Managing Partner of STF Management LP and has been involved in the financial services industry for nearly two decades.

He began his career at SAC Capital Advisors where he focused on long/short equity as well as listed and OTC quantitative derivatives’ strategies. Following that, while at Millennium Management, he focused on long/short equity, global macro, and derivatives’ trading, research, and risk management. He has also held roles at Cowen and Mirae Asset.

Mr. Molchan became involved in the ETF industry in 2013 as he saw an opportunity to utilize his derivatives’ experience to expand options-based ETFs to the investment community. Throughout his time focused on ETFs, he has served in numerous role to include, portfolio manager, product developer and manager, and a marketer of options-based strategies; in addition to being featured in numerous industry outlets with a focus on education revolving around options and asset allocation.
 

Portfolio Manager

Kim Escue, CFA

Kim Escue, CFA, serves as a Portfolio Manager at Shelton Capital Management. Previously, she was a Co-Founder and Senior Portfolio Manager at Stringer Asset Management, LLC, responsible for the daily management of both the Firm’s mutual funds and separately managed account portfolios, and spent over 15 years at Morgan Keegan & Company, Inc. as a Due Diligence Analyst and member of the firm’s Investment Strategy Committee. She earned a Bachelor of Business Administration and Masters of Business Administration from the University of Memphis. She also holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Society of Memphis. Additionally, Ms. Escue is a frequent contributor to various financial industry publications.

 

Portfolio Manager

Chad Keller, CFP®

Chad Keller, CFP® is a member of the investments team and works on the quantitative analysis, factor-biases, and asset allocation of the assets under advisement and separately managed account portfolios. Prior to serving as Portfolio Manager at Shelton, Mr. Keller served as Portfolio Manager, Chief Operating Officer, and Chief Compliance Officer for Stringer Asset Management, LLC (SAM). Prior to co-founding SAM, Mr. Keller was a Senior Investment Specialist at Morgan Keegan and Company, Inc. where he worked with investment and economic data daily, and was responsible for monitoring the risk characteristics of several of the Firm’s discretionary models. Mr. Keller earned a Bachelor of Arts degree in Economics from the University of Tennessee and a Master of Business Administration from the University of Memphis. He also holds the Certified Financial Planner™ (CFP®) designation. Additionally, Mr. Keller is a frequent contributor to various financial industry publications.

 

Portfolio Manager

Nick Griebenow, CFA

Nick Griebenow, CFA

Nick Griebenow, CFA, is a Portfolio Manager for Shelton Capital Management’s Option Overlay Strategies. Mr. Griebenow has extensive knowledge in option strategies and was previously a Senior Derivatives Trader at a large national brokerage firm. He received a B.A. from Colorado State University.

Portfolio Manager

Jeffrey Rosenkranz

Jeffrey Rosenkranz is a Portfolio Manager for the Shelton Tactical Credit Fund and the Firm’s fixed income separately managed accounts.  Jeffrey has over 23 years of experience investing in the credit markets, with an emphasis in high yield, distressed debt and special situations. Prior to joining Shelton Capital, he worked at Cedar Ridge Partners, LLC, Cooperstown Capital Management, Durham Asset Management, Ernst & Young LLP and The Delaware Bay Company. He earned an MBA from the Stern School of Business at New York University and received a B.A. from Duke University.

Portfolio Manager

Tony Jacoby, CFA

Tony Jacoby, CFA, joined Shelton Capital Management in November 2017. He has a B.A. in Economics and a M.S. in Applied Mathematics with an Option in Applied Probability and Uncertainty Quantification from the University of Colorado.

Client Portfolio Manager

Jonathan Bernstein, CIMA®

Jonathan Bernstein, CIMA® is responsible for business development, marketing and communication. Prior to co-founding and serving as Vice President and Sales & Marketing Director for Stringer Asset Management, LLC (SAM), Mr. Bernstein was a Senior Vice President and the Director of Sales and Consulting at Morgan Keegan and Company, Inc. He has spent his career working with financial advisors on effective communication, objective consulting and best practice training. He is an accomplished and dynamic presenter with extensive experience in communication, project management, operations management, and is a frequent contributor to financial industry publications. Mr. Bernstein earned a Bachelor of Science degree in Business Administration and Finance from Brooklyn College and holds the Certified Investment Management Analyst® (CIMA®) designation. Living in Katy, Texas, he is married with three children and is a valued resource in his community.

Portfolio Analyst

Chris Walsh

Chris Walsh is a portfolio analyst for the Shelton Tactical Credit Fund and the Firm’s fixed income separately managed accounts. Chris has over six years of experience analyzing credit and equity markets. He earned a B.A. from Villanova University.

Portfolio Analyst

Nicolette DiMaggio

Nicolette DiMaggio joined Shelton Capital Management in August 2023. She is an analyst of the Shelton Sustainable Equity Fund and has over six years of investment experience. Previously, she was the co-director of investment research at WTW, working on their equity and index investment research teams for four years. She is also a published author of the financial literacy book series Stock Explore.

Portfolio Analyst

Jason Goldenberg

Jason Goldenberg is a Portfolio Analyst that services all strategies of the Separate Account program. Jason has five years of industry experience and previously worked at ALPS Fund Services. He earned a B.B.A. from the University of Colorado Boulder.

Portfolio Analyst

Jake Gallion

Jake Gallion joined Shelton Capital Management in March 2026 as a Portfolio Analyst for the firm’s Options Overlay Strategies.

Before joining the firm, Gallion was an Equities Trader at Paradice, a boutique investment manager specializing in global equities, where he ran the firm’s trading desk in support of its Global Small Cap, International All Cap, and Emerging Markets long-only equity strategies. Earlier in his career, he was with ALPS Fund Services, where he oversaw portfolio accounting within the firm’s alternative investments group.

Gallion is an avid golfer and skier, and he enjoys grilling and exploring beautiful Colorado with his wife, their two young daughters and their dog Jax. He earned a B.S. from the University of Colorado Boulder with emphases in Finance and Accounting.

Manager of Investment Operations

Kenny Sklar

Kenny Sklar joined Shelton Capital Management in November of 2021. He previously worked at Fidelity Investments servicing managed accounts, working with the Premium and Private Client Groups. Kenny earned a B.S.B.A from Elon University.

Investment Operations Analyst

Jane Senaldi

Jane joined Shelton Capital Management in May 2023 through the acquisition of Rockwood Capital Advisors, LLC. Jane previously worked 26 years as an operations trading analyst at Rockwood.

Investment Operations Analyst

Mclain Ralston

Mclain Ralston joined Shelton Capital Management in June 2022 as a Shelton Academy Associate. Prior to joining Shelton, Mclain worked as a Supply Chain Analyst for Hanes Brands. He earned a B.S. in Finance and a B.S. in Business Analytics from the University of Denver.

Jr. Investment Operations Analyst

Marqus Avalos

Marqus Avalos joined Shelton Capital Management in June 2025 as a Shelton Academy Associate. Prior to joining Shelton, Marqus attended the University of Colorado Boulder where he earned a B.S. in Psychology and minored in business. He furthered his education and obtained a Master’s in Finance in May 2025.

Manager, Client Experience

Carrie Della Flora

Carrie Della Flora joined Shelton Capital Management in 2018. Carrie manages the Client Experience team and supports the Director of Advisor Services in on-boarding Financial Advisors to our platform and cultivating these relationships. Her responsibilities also include providing authentic client service to all clients and supporting the responsibilities of the Chief Compliance Officer of our funds’ distributor, RFS Partners LP . Carrie joined Shelton Capital Management with 16 years of industry experience, recently having worked at Matrix Financial Solutions.

Client Experience Representative

Payton Rupp

Payton Rupp joined Shelton Capital Management in April 2024. 

Payton Rupp joined Shelton Capital Management in April 2024 as a Client Experience Representative. Before working at Shelton, he worked at Fidelity Investments, where he obtained his SIE and worked as a Client Relationship Associate. Payton is attending Metropolitan State University and pursuing a B.S. in Finance. He will receive his degree in December 2024.  Away from work, he enjoys golf, traveling, and spending time with his friends and family.  

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Client Experience Representative

Trent Johnson

Trent Johnson joined Shelton Capital Management in June 2025 as a Client Experience Representative. Trent is attending the University of Colorado Denver and is majoring in International Business with a minor in Business Analytics.

Client Experience Representative

Elijah Horn

Elijah Horn is pursuing a B.S. in Finance at Metropolitan State University of Denver and expects to graduate in Spring 2027. He joined Shelton Capital Management in December 2025 as a Client Experience Representative. Outside of his professional and academic pursuits, Horn enjoys spending time with his family. 

Client Experience Representative

Gustavo Valdez

Gustavo Valdez is pursuing a B.S. in Finance at Metropolitan State University of Denver and expects to graduate in Spring 2027. He joined Shelton Capital Management in May 2026 as a Client Experience Representative. Outside of his professional and academic pursuits, Valdez enjoys fitness and spending time with friends and family.

Vice President of Marketing

Clark Davis

Clark Davis joined Shelton Capital Management in 2020. He leads the Marketing team with a focused responsibility on developing new sales and marketing strategies for all of Shelton’s distribution channels: advisor, 401(k) and retail.

Prior to joining Shelton Capital Management, Clark worked as a Marketing and Sales Associate at FUSE Research for over five years, where he was responsible for a broad mandate of marketing and client support functions inclusive of digital content strategy and development, website administration, social media management, public/media relations and oversight for the planning, promotion, and management of the firm’s annual conference – The FUSE FORUM.

Clark earned a B.A. in Management from Gettysburg College, an MBA from the University of Maryland and an M.S. in Finance from the University of Colorado Denver.

Growth Marketing Manager

Monica Hernandez

Monica Hernandez joined Shelton Capital Management June 2024. Prior to joining Shelton Capital Management, Monica worked as a Marketing Coordinator after she graduated from Colorado State University with a B.S. in Business Administration with concentrations in Marketing and International Business.

Events and Sales Enablement Manager

Candice Hudson

Candice Santana-Hudson joined Shelton Capital Management in September 2024, leveraging over a decade of experience in Event Management. She holds certification in Digital Event Strategy and is esteemed for her exceptional project management skills, seamless event execution, adept vendor management, and capacity to tailor venues to specific requirements. Candice is widely recognized for her strategic thinking and leadership, consistently yielding positive outcomes in her endeavors.

Content and Communications Manager

Christina Robben

Christina graduated from the University of Colorado with a B.A. in Journalism and a Business Minor in 2021. She has experience in sports media, marketing internships, and worked part-time as a facility supervisor and academic tutor. Upon graduation, she worked for the Southern Colorado Innovation Center, contributed to the Southern Colorado Small Business Development Center, and taught at Pueblo Community College. Christina then opened her own micro business as a content marketing freelancer, consulting with over 60 small business owners and providing services to individual clients. In her free time, she enjoys making videos, hosting events, traveling, playing sports, and spending time outdoors.

Digital Marketing Associate

Kendall Floyd

Kendall Floyd joined Shelton Capital Management in June 2025. Prior to joining Shelton, Kendall earned a B.B.A. in marketing from Loyola Marymount University in Los Angeles, CA.