Meet the Team
We believe in building a team of experts who have your best interests at heart. With a wealth of financial knowledge and a passion to create success, we give you the service and attention we would give our own families. This chart shows how we’ve structured our team to ensure you always receive the most efficient, personalized service.
Darrell R. WellsChairman and CEO of Commonwealth Bancshares, Inc.
Mr. Wells is the co-founder of both SMC Capital, Inc. and Commonwealth Bank & Trust Company. He has more than 38 years of investment management experience. Mr. Wells currently serves as Chairman of the Board of Commonwealth Bancshares, Inc. and Citizens Financial Corporation, and is lead manager for our multi-cap growth strategy. In addition, he serves as a Director for Churchill Downs, Inc. and First Security Trust Bank. He also serves on the Board of Directors for the Louisville Printing House for the Blind and the UofL Board of Overseers. Mr. Wells received his A.B. in Economics from Harvard University.
Ann Cowley WellsChairman and CEO of Commonwealth Bank & Trust
Ann Wells was born and raised in Louisville, Kentucky, where she serves as Chairman and CEO of Commonwealth Bank & Trust Company. Ann is a graduate of St. Louis University where she earned a Bachelor of Science degree in Electrical Engineering. Ann has a proactive management style and a deep belief in community involvement. She is involved in various community and charity efforts and serves as a Board member of several organizations including the Speed Museum, the Jewish Hospital Foundation, and School Choice Scholarships.
Mark J. Kennedy, J.D., LLMExecutive Vice President
Mark Kennedy has more than 28 years of experience in trust, estate administration and investment management. He began his career with Bank of Boston, where he was a member of the tax and estate settlement unit. Prior to joining Commonwealth, Mark worked for Bank One, where he managed the Personal Trust Division and handled complex trust and estate accounts. Mark joined Commonwealth in 2002 and now specializes in business development and marketing, advising clients on generational wealth management issues and leading the Wealth Management Team.
Mark received his B.A. and his Law Degree from the University of Mississippi and his Masters of Law in Taxation from Boston University. He is a member of the Estate Planning Council, and the Massachusetts and Mississippi Bar Associations. Mark is involved with as a board and/or committee member for several civic and charitable organizations including the Louisville Zoo, Cabbage Patch Settlement House and the Louisville Christian Foundation.
Christopher A. NunnelleySenior Vice President and Manager of Trust Services
Chris Nunnelley has 25 years of experience in client administrative services, financial planning and investment research. Prior to joining Commonwealth Trust, he served as a Managing Director for The Sachs Company, a local investment firm and their affiliate, Louisville Trust Company. Chris joined Commonwealth Trust Company in 1999 and he currently heads the Trust Administrative Committee, responsible for Trust, Estate, and Account Administration and Services.
Chris received his B.S. in Finance from the University Of Notre Dame and his M.B.A. from University of Louisville. He attended Cannon Trust School and is a graduate of the American Bankers Association's National Trust School. Chris is a member of the Estate Planning Council of Louisville and is on the board of directors of the Energy Conservation Associates/ Project Warm. He is also a Habitat for Humanity Volunteer.
Jack M. Combs, Jr., J.D.Senior Vice President and Trust Counsel
Jack Combs has more than 31 years experience in trust, estate administration and investment management. Jack began his career with Louisville Trust Company in 1975 as a Trust Officer. Prior to joining Commonwealth, he served as Managing Director of the Trust and Investment group at Bank of Louisville. Here at Commonwealth, Jack focuses his attention on Management and Business Development.
Jack received his B.A. and M.B.A. from the University of Kentucky and his Law Degree from Duke University. He is a member of the Louisville Bar Association and the Kentucky Estate Planning Council. Jack also serves on the Board of Trustees and is the Treasurer for the Children’s Hospital Foundation.
Mary Beth Byron, CTFAVice President and Trust Administrative Officer
Mary Beth Byron has over 20 years of trust and estate administrative experience. Prior to joining Commonwealth, she was Vice President and Trust Officer at Bank of Louisville. Mary Beth is a Certified Trust and Financial Advisor. She is a graduate of the ABA National Trust School and National Graduate Trust School.
Beth A. RussellVice President and Trust Administrative Officer
Beth Russell has more than 32 years of trust, estate and investment management experience. She began her career as a Portfolio Manager at National City Bank, where she was responsible for $100 million in trust assets. In 1996, Beth brought her strong expertise in customer relationship building to Commonwealth, where she currently serves as a Trust Administrative Officer and oversees all types of trust accounts while working closely with clients to determine and achieve their investment objectives.
Beth has attended both the Midwest Trust School and the Cannon Trust School and currently is a member of the Estate Planning Council. She is also an active community volunteer for many various organizations including The Kentucky Humane Society, Louisville Public Media and Jefferson County Public Schools.
Patricia L. HayesVice President and Trust Administrative Officer
Patricia Hayes has more than 30 years experience in trust administration, legal and financial services. Prior to joining Commonwealth Trust Company in 1998, she was lead financial analyst at a large local corporation and has also worked as a legal specialist/paralegal. Here at Commonwealth, Patricia specializes in trust administration for Trusts, Agencies, Custodies, IRAs and Employee Benefit Plans.
Patricia received her B.S. in Business Administration with an emphasis on Finance from the University of Louisville. Prior to this, she received her Certificate in Paralegal Studies from Sullivan University. She is also a graduate of the Cannon Trust School and a member of the Estate Planning Council of Louisville.
Nancye W. OltAssistant Vice President and Trust Administrative Officer
Nancye Olt has more than 20 years experience in the banking and trust industry. Prior to joining Commonwealth Trust Company, she worked for a local investment firm where she acquired a wealth of knowledge in trust administration and financial services with a strong expertise in managing and developing client relationships.
Nancye holds an Associate Degree in Business Administration from the University of Louisville. She is a member of the Estate Planning Council of Louisville and serves on the Executive Board for the Ronald McDonald House Charities as well as the Finance Committee and McDazzle co-chair.
Joe SchmidtAdministrative Associate
Joe Schmidt has over 7 years of experience in the Finance, Accounting and Insurance Industries. He began his career with Central Bank in Lexington, where he worked in retail banking. Prior to joining Commonwealth, Joe worked for Nationwide Insurance as an insurance agent, and for John Schmidt, CPA, PSC, as an accountant. Joe joined Commonwealth Bank & Trust Company in 2010 and now specializes in account administration and customer relationship management.
Mr. Schmidt received his B.A. in Finance from the University of Kentucky. He is involved with several civic and charitable organizations as a board member and/or committee member including the Red Cross, WHAS Crusade for Children and the Young Professional Association of Louisville.
Steve J. Giacobbe, CFA, CFP®Senior Vice President and Chief Investment Officer
Steve Giacobbe has more than 20 years of experience in investment management and has been recognized by many industry groups who have asked him to speak on investment strategies and market trends. He has served as an adjunct faculty member, teaching investment courses, at Guilford College. Steve co-authored the article “Meeting the Risk Management and Planning challenges of Clients with Low Bias or Illiquid Blocks of Stock” for the Journal of Retirement Planning and has worked in this area helping numerous clients deal with complex tax and economic issues. He formerly served as Vice President and Chief Investment Officer for Stearns Financial Services Group in Greensboro, NC before joining Commonwealth in 2006.
Steve received his BA in Economics from Washington and Lee University and his MBA in Finance from UNC – Greensboro. He also received advanced training in estate and financial planning while employed at Wachovia Bank. Steve holds the Chartered Financial Analyst and Certified Financial Planner designations. He is a former collegiate lacrosse player and maintains an active lifestyle.
Holland N. McTyeire, IV, CFASenior Vice President and Portfolio Manager
Holland McTyeire has more than 45 years of investment management experience. He is lead manager for large cap and fixed income investment strategy. Prior to joining Commonwealth, Holland was Senior Vice President, head of Fixed Income Management, and Chief Investment Officer and Chairman of the Investment Committee for First Kentucky National Corporation. Among his various responsibilities, Holland created and managed five bond funds. He received his B.A. in Economics from Yale University and has earned the CFA (Chartered Financial Analyst) designation.
Robert R. Hawkins, CFASenior Vice President and Portfolio Manager
Rob Hawkins has more than 20 years of financial services and investment management experience. Before joining Commonwealth, Rob most recently served as a Vice President and Senior Analyst for Stifel Nicolaus (formerly Legg Mason Capital Markets) in Baltimore, MD where he was a 2010 WSJ Master Stock Picker, a 4 or 5 Star Earnings Estimator (StarMine) in 2008-2010 and was regularly interviewed and quoted by national media outlets. Rob previously worked as an executive in finance, development and operations in the healthcare industry for almost 15 years.
Rob received his Bachelor of Science, Cum Laude, in Biology from Washington and Lee University. He holds Series 7, 63, 86 and 87 licenses as well as being a Chartered Financial Analyst® and is working toward becoming a Chartered Market Technician.
Stephen L. McCoolSenior Vice President and Portfolio Manager
Steve graduated with a Bachelor in Science degree in Accounting from the University of Kentucky. Following graduation he worked for Peat, Marwick, Mitchell & Co CPAS, earning the Certified Public Accountant designation in 1982. Steve has worked in the financial services industry since 1982, first at J.J.B. Hilliard, W.L. Lyons, then with PNC Financial in the Private Client Group beginning in 1990. He successfully completed the second of three parts of the Chartered Financial Analyst program, and was formerly licensed with the series 7 and 63 securities exam.
His most recent job was with National City Bank from 1996 to 2007 in the Wealth Management area, and has lived in Louisville his whole working career.
Brian S. StiversSenior Vice President and Portfolio Manager
Brian Stivers has 20 years of experience managing individual and institutional portfolios. He serves as an investment officer for Commonwealth and co-manager of large cap equity strategy. In addition, Brian manages Commonwealth’s tax-free common trust funds and is the fixed-income strategist for Commonwealth Bank. He received his B.S. in Finance, with honors, from the University of Louisville.
Shawn ClarkVice President and Portfolio Manager
Shawn Clark has 10 years of investment management experience with Commonwealth Trust Company. Shawn began his career in equity research with a focus on large cap analysis for our core equity strategy. In addition, Shawn works closely with Steve Giacobbe, our CIO, to co-manage many institutional, individual and not-for-profit accounts as well as Commonwealth’s proprietary equity strategies.
Shawn received his B.S. degree in Business from Indiana University with a minor in economics and his M.B.A. from the University of Louisville. He actively volunteers and participates in fund raising activities for Juvenile Diabetes Research Foundation and Gilda’s Club.
Chris BenekeResearch Analyst
Chris Beneke has more than five years of banking and investment research experience at Commonwealth Bank and Trust Company. Chris currently serves as an analyst with a focus on large cap analysis for our core equity strategy.
Chris holds a B.A. in Economics from Rollins College and an M.B.A. from Bellarmine University. He is currently seeking his CFP certification from Kaplan Financial University.
Toby NuttSenior Vice President and Senior Financial Consultant
Toby Nutt has more than 22 years experience in the financial services industry, with 14 years as a licensed investment broker. He formerly worked at First National Bank where he served as a Commercial Lender and Private Banker. Before joining Commonwealth Trust Company in 2006, Toby worked for Paine Webber, which was later acquired by UBS. He currently heads the Commonwealth Brokerage Division. Toby received his B.B.A. from the University of Mississippi.
Alan J. Griffes, CFP®, CTFA, ChFCVice President and Senior Wealth Strategist
Alan has over 25 years experience helping clients develop successful strategies for wealth management and planning. He has been a leader in Tax Free Transfer Trusts, Tax & Risk Planning for Business Owners, Charitable Strategies and Family Legacy Planning. Prior to joining Commonwealth Bank and Trust Company in 2007, Alan served as President and Founder of First Financial Advisors Inc., one of the largest financial planning and asset allocation firms in western Florida, helping to manage in excess of $3.8 billion.
Alan received his bachelors in Business Analysis and his Masters in Business and Education from the University of Louisville. Alan went on to receive a Ph.D. – ABD in Financial Management from Kensington University. Alan holds the Certified Financial Planner designation as well as being a Certified Trust and Financial Advisor and a Chartered Financial Consultant. Alan was chosen as “One of the Best Financial Planners in America” by Money Magazine and is listed in Who’s Who in Industry and Finance. Alan is a former President of Rotary Club and is a member of the National Eagle Scout Association.
Sam RonaldVice President and Business Development Officer
Sam has over 30 years of experience in the financial services industry in Louisville. He started his career in 1979 with Hilliard Lyons, where he held a variety of management positions in both debt and equity underwriting disciplines. Prior to joining Commonwealth, Sam was a Wealth Management Consultant with US Bank, specializing in Business Development and Financial Planning. Sam joined Commonwealth in 2011 and will be concentrating on Business Development and Relationship Management.
Sam received his B.B.A. from Stetson University. He has previously held FINRA series 7, 24, 53 and 63 licenses and is currently working toward his CFP designation.
Jill H. CooperVice President – Business Development
Jill Cooper has over 20 years of experience in banking with Citibank in New York and Brussels, Belgium; PNC Bank and Stock Yards Bank including International, Retail and Private Banking. Here at Commonwealth, Jill serves as a private banker and focuses on relationship-building for the Trust Department.
Jill received a B.A. from the University of Louisville and has pursued graduate studies in several of the countries in which she has lived. Jill is active in a number of community organizations. She currently serves as Vice President of the Board of Trustees of the Kentucky Opera and also as Vice President of the Board of Directors of Fons Vitae Inc.
Christine S. GandaraFinancial Planner
Christine Gandara has over nine years of experience with Commonwealth Bank and Trust Company. Christine currently serves as Financial Planner with a focus on assisting clients with all aspects of financial planning as well as account aggregation utilizing our Wealth Management Solution software.
Christine received her Bachelors from University of Louisville. She recently completed her Certified Financial Planner educational requirements from Boston University and is currently seeking her CFP certification. Christine serves on the committees for the National Kidney Foundation Gala as well as the Cedar Lake Foundation Golf Tournament.
Sarah HollanderBusiness Process Analyst
Sarah Hollander has over a year of experience in Wealth Management and Corporate Finance. She began her career as a client service intern at Stegner Investment Associates. Prior to working with Commonwealth Bank, she was an intern for General Electric as a part of the Sourcing and the Consumer Home Services teams. At Commonwealth, she focuses on current business processes and assists in the implementation of a new Client Relationship Manager program.
Sarah Hollander completed her B.A. at the University of Louisville, with a concentration in Finance. Sarah is involved with Sigma Kappa Sorority as an alumni and supports Alzheimer’s research through many activities with the local Sigma Kappa Chapter.
Trust and Estate Administration
Financial Planning, Brokerage and Family Office
Wealth Management & Trust Services
4350 Brownsboro Road, Suite 210 | Louisville, KY 40207 | Phone: 502.259.2500 | Email: firstname.lastname@example.org
Not FDIC Insured. Investments Not Guaranteed. Investments May Lose Value. Fees may apply for services. Consult your tax attorney or CPA for details on tax benefits.