Each of the co-principals of Carr & Associates  is a Chartered Financial Analyst with over 40 years of investment industry experience. 

Michael F. Carr, Chairman and Founder, received his B. B. A. from the University of Notre Dame and an M. B. A. from New York University.  Immediately prior to founding the firm of Carr & Associates, Inc. in 1989, Mr. Carr was a Senior Vice President of Shearson Lehman Brothers (now Morgan Stanley Smith Barney) where he was Chairman, Portfolio Manager and co-founder of Shearson Convertible Securities Management and responsible for managing over $200 million in assets.  He also served as Shearson's fixed income strategist and was one of the pioneers of Bondstat, a proprietary fixed-income credit analysis system used nationally by institutional investors.

Mr. Carr is a Chartered Financial Analyst and a member of the CFA Institute.  His professional activities have included serving as a member of the CFA Institute's Council of Examiners and as a member of its Advocacy Committee and, for over 20 years as a New York Stock Exchange-accredited Supervisory Analyst.  A graduate of the University of Notre Dame, Mr. Carr received his Masters of Business Administration degree from New York University.  He is also a nationally known speaker and market commentator. 

Marilyn V. Brown, President and Chief Investment Officer, was previously President of Lyon Research Corp. which provided in-depth research on emerging industries to institutional investment firms.  In her 40+ year career in the investment industry her areas of focus have included: portfolio management, securities research and research management and marketing.  One of the pioneering women in the investment industry, in the 1960's Ms. Brown developed and managed the institutional research program at the firm that is now RBC Dain Rauscher.  In the 1970's she managed institutional equity research at Drexel Burnham as Vice President and Assistant Director of Research.  

She also brings to Carr & Associates important corporate experience.  As Vice President - Corporate Communications of Becton Dickinson, the multi-national health care company, Ms. Brown was a member of both its Management and Operating Committees.  

Ms. Brown is a Chartered Financial Analyst and a member of the CFA Institute.  She was the first Program Chairman of the CFA Institute's predecessor association, the Financial Analysts Federation.  She also served as a member of the Federation's Accounting Committee and for many years was a Supervisory Analyst accredited by the New York Stock Exchange.  A frequent speaker and author on investment issues and formerly an Advisor on ERISA to the Secretary of Labor, Ms. Brown has been honored by the YWCA as Woman in International Industry.  She received her B. A. cum laude from Mount Holyoke College.