Our mission is to understand what drives stock returns better than anyone, and to use this knowledge to generate superior long-term risk-adjusted returns for our clients.


  • Robert Snigaroff, Ph.D. President & Chief Investment Officer

    Mr. Snigaroff co-founded Denali Advisors in 2001. He heads the portfolio management, research, business management efforts, and Denali’s Investment Committee.

  • Mike Munson SVP, Portfolio Manager and Trading

    Mr. Munson co-founded Denali Advisors in 2001. He manages portfolio implementation, special situations, and rebalancing to ensure insights from Denali’s quantitative process are captured and clients guidelines followed.

  • John “Bert” Cuthbertson, Ph.D., CFA Director of Research

    Dr. Cuthbertson joined Denali in 2012. He leads Denali Advisors stock modeling efforts as Director of Research. Since joining Denali Advisors he has been working on applying Denali’s U.S. Large Cap and Mid-Cap rankings to International and Small Cap.

  • Anne Erickson, IACCP® Chief Compliance Officer

    Mrs. Erickson joined Denali Advisors in 2006. She is responsible for administering the policies and procedures of the compliance program, administrative issues related to Human Capital, and overall office management.

  • Rachel Tyndall, CFA Portfolio Manager & Trading

    Ms. Tyndall joined Denali Advisors in 2013. She is a portfolio manager who works on portfolio implementation and rebalancing, special situations, and trading. She is also involved in various model and other research projects.

  • David Wroblewski, Ph.D. Senior Research Analyst

    Dr. Wroblewski joined Denali Advisors in 2008. His responsibilities include researching market models and exploring new quantitative factors for use in Denali’s investment process.

  • Fatchi “FC” Cheng, Ph.D., CFA Research Analyst

    Fatchi Cheng joined Denali in 2017. He aids in Denali’s research effort, including researching quantitative factors for consideration in Denali’s models, attribution analysis, and development of Denali’s software infrastructure.

  • Seok Joon “John” Byun Analyst

    John joined Denali Advisors in 2018. His responsibilities include researching and constructing components involved in factor models, forecasting, asset pricing theory, and assisting in the exploration and implementation of new quantitative factors for use in Denali’s investment process.

  • Annika Liu Portfolio Analyst

    Ms. Liu joined Denali Advisors in 2018. She is responsible for portfolio implementation, rebalancing and trade analysis.

  • John Nofsinger, Ph.D. Portfolio Manager

    Dr. Nofsinger joined Denali Advisors in 2019. He is responsible for portfolio analysis and rebalancing, and works with the Portfolio Management Team to implement forecast stock returns into Denali’s proprietary risk model.

  • Darci Irvin Investment Operations Manager

    Mrs. Irvin joined Denali in 2017. She manages the firm’s operations and back-office functions, including trade settlement, portfolio accounting, and custodial relations. She also manages client account data and client reporting.

  • Sharon Guenther Lind Strategy Consultant

    Sharon works as a Strategy Consultant for Denali Advisors, helping Alaska Native entities solve business and policy issues.