Howard directs all research and investment initiatives at Punch & Associates. Howard honed his investment management skills the old fashioned way: by making a lot of mistakes. Starting his career in the early '80s at Merrill Lynch in NYC and then in Minneapolis, it was normal practice to call clients with one stock at a time, state the case for owning it and hope for the best. Win, lose or draw, each pick would have to be revisited with each client (talk about transparency!). The end result was a deep respect for risk, a large dose of humility, and a risk-averse investment approach that anticipates what could go wrong before fantasizing about what could go right. After spending nearly 19 years at Merrill Lynch, Howard started Punch & Associates in 2002.
A hopeless research addict and devout student of behavioral finance, Howard actively researches market anomalies and inefficiencies. Howard resides in Eagan, Minnesota with his wife, Julie. He is a Magna Cum Laude graduate of Carleton College, enjoys hockey, golf, and believes the Vikings will have the opportunity to lose their fifth Superbowl before he dies.
Jessica is involved in all aspects of our clients’ wealth planning. She brings a unique perspective to family conversations, having practiced trust, estate, and charitable planning law at a large local law firm for nearly a decade. Jessica is an advisor skilled in both family financial education and navigating complex planning opportunities. Above all, Jessica enjoys helping clients identify goals and feel organized and confident about their plan.
Jessica received both her BA in Economics and JD from the University of Minnesota with honors. She has been a frequent speaker at educational events for financial advisors, attorneys, and accountants. Jessica also served as an attorney advisor for the United States Tax Court. In her role at the court, she researched complex tax matters and wrote judicial opinions for estate, partnership, corporate, and individual tax cases. Prior to law school, Jessica began her career with a wealth management group.
Jessica grew up in Iowa and Wisconsin, and she now lives in Minneapolis with her husband and two children. She enjoys photography, foosball, and biking outdoors.
Paul has been investing in and working for public companies for over 15 years. Prior to joining Punch & Associates, Paul worked as a research analyst with another buy-side investment firm in town. He also experienced first-hand the trials and tribulations inherent with small-cap companies while working in corporate development and strategy for a publicly traded renewable fuels and chemicals company.
Paul graduated from Creighton University with a BSBA in Finance and Accounting and is a CFA® charterholder. Paul lives in Mendota Heights with his wife, Jenna, and their three young children. He enjoys reading, skiing, and anything that gets him outdoors.
John is intimately involved in all aspects of the research and investment process at Punch & Associates, and works closely with our team to manage our investment strategies on a daily basis. John joined the firm shortly after its inception in 2002 and cut his investment teeth doing the basic work of a research analyst: sifting through financial statements, talking to management teams, and developing an eye for value. Today, as then, he still gets excited over the details of investing, and enjoys reading footnotes, listening to conference calls, and stacking up well-worn Annual Reports in his office at home.
John is a CFA® charterholder and is happy that his years of studying for it are behind him. He lives in Chaska, Minnesota with his wife, Anne, and four children. John graduated Magna Cum Laude and with Delta Epsilon Sigma honors from the University of St. Thomas in St. Paul, Minnesota, and enjoys reading, tennis, and skiing with his family. As a Wisconsin native, John always knew that “the Pack” would see their 4th NFL Championship well before “the Queens” saw their 5th Superbowl.
As Chief Executive Officer, Andy provides vision and direction for Punch & Associates. He leads the firm’s culture, motivating the quality and character of the team and inspiring a relentless dedication to Punch’s clients. Andy remains closely involved in all aspects of advisory services at the firm while giving colleagues clarity and helping them focus within their strengths. Andy is passionate about alignment and an organizational design that enables clients and colleagues to achieve a vision that is beyond themselves.
Andy has been a managing partner of the firm since its founding in 2002, leading Punch to become a highly unique and differentiated advisory and asset management firm. Never content with the status quo, Andy insists on defining and delivering purposeful results, inspiring others with a rare combination of humility and humor.
Prior to Punch’s inception, Andy was an advisor with a major investment firm. He earned his BBA degree in Finance, Investments, and Banking from the University of Wisconsin–Madison. Andy purchased his childhood home to build a life in the Edina community with his wife, Jennifer, and their four children.