INDEPENDENT
FRM is employee-owned and our sole source of revenues is directly from our clients who hire us to make their investment decisions
DISCIPLINED
We adhere to a strict value investment philosopy, seeking to deliver long-term performance while protecting against a permanent loss of capital
EXPERIENCED
Our team has a 30-year history of managing portfolios and includes
7 CFAs and 5 CPAs
INSIGHTFUL
We use our own bottom-up research and analysis process developed over 50+ years to directly invest in individual stocks and bonds
Meet the FRM Team
Greg Hartz
Founder and Co-Principal
Greg is a Chartered Financial Analyst® charterholder, a Certified Public Accountant and holds the designation of Personal Financial Specialist of the American Institute of Certified Public Accountants. He received a Bachelor of Science in Finance and Banking and a Master of Science in Accounting from the University of Arkansas. Prior to running FRM full-time, Greg was in-house portfolio manager for Arkansas Blue Cross Blue Shield (ABCBS).
Greg Hartz
Founder and Co-Principal
(501) 534-2660
Mark Millsap
Co-Principal
Mark is a Chartered Financial Analyst® charterholder, and he earned a Bachelor of Science degree from the University of Alabama in Corporate Finance and Investment Management. Mark has spent his entire career as a value investment manager. Prior to joining FRM in 2001 he worked for Meridian Management Company of Little Rock and AmSouth Bank in Birmingham.
Mark Millsap
Co-Principal
(501) 534-2670
Abby McKelvy
Partner, CFO and CCO
Abby is a Certified Public Accountant and earned a Bachelor of Science degree in Accounting and Financial Management from the University of Arkansas. Prior to joining FRM, Abby was employed with Deloitte & Touche in Little Rock as a Senior Auditor and as a controller for Walmart, Inc.
Abby McKelvy
Partner, CFO and CCO
(501) 534-2675
Meredith Moll
Partner and Portfolio Manager
Meredith is a Chartered Financial Analyst® charterholder and earned a Master of Business Administration with Dean’s Honors from Columbia University with a concentration in Value Investing. She also earned a Bachelor of Arts in Economics from Columbia University. Prior to joining FRM in 2015 she worked in special situations and deep value investing at Candlewood Investment Group and Credit Suisse.
Meredith Moll
Partner and Portfolio Manager
(501) 534-2725
Zach Riley
Partner and Portfolio Manager
Zach is also a Trader for FRM. He is a Chartered Financial Analyst® charterholder and a Certified Public Accountant and received his Bachelor of Science in Finance and Investment Management and a Master of Business Administration from the University of Arkansas at Fayetteville. Prior to joining FRM in 2008, Zach served as a financial analyst at Walmart, Inc.
Zach Riley
Partner and Portfolio Manager
(501) 534-2695
John Garmon
Partner and Director of
Business Development
John is a Chartered Financial Analyst® charterholder and a Certified Public Accountant. He earned a Master of Business Administration from Michigan State University and a Bachelor of Business Administration from the University of Central Arkansas. Before joining FRM, he worked in Walmart Stores Inc.’s Capital Markets / Global Treasury team and Lear Corporation’s Financial Risk Management / Corporate Treasury team.
John Garmon
Partner and Director
of Business Development
(501) 534-2710
George Sellers
Investment Analyst
George earned a Master of Business Administration at the University of Oklahoma where he also received a Bachelor of Science in Industrial and Systems Engineering. Prior to joining FRM in 2024 he worked in equity research at Stephens, Inc.
George Sellers
Investment Analyst
(501) 534-2715
Chris Fleischmann
Partner and Portfolio Manager
Chris is a Chartered Financial Analyst® charterholder and earned a Master of Business Administration at Tulane University and a Bachelor of Science in Finance at Arkansas State University. Chris joined Foundation Resource Management in 2008, after nearly a decade working as an equity analyst at Pope Asset Management, Morgan Keegan and Edward Jones.
Chris Fleischmann
Partner and Portfolio Manager
(501) 534-2720
Lauren Sanders
Portfolio Accounting Manager
Lauren is a Certified Public Accountant and received a Bachelor of Science in Accounting from the University of Arkansas at Fayetteville. Lauren gained 3 years of experience in the investment management industry working for Greenwood & Associates, Inc. in Fayetteville. Prior to joining FRM, she served as the Client Service Specialist for Charles Schwab & Co., Inc. in Little Rock.
Lauren Sanders
Portfolio Accounting Manager
and Controller
(501) 534-2685
Stephanie Hills
Client Administrator
Stephanie is also Trading Assistant for FRM. She received her Bachelor of Science in Accounting from the University of Arkansas at Little Rock. Prior to joining FRM in 2014 Stephanie had 10 years of experience in accounting and banking as Treasury Management Specialist II for Bank of the Ozarks and as a Teller Supervisor for Arvest Bank.
Stephanie Hills
Client Administrator
(501) 534-2680
Trina Boyd
Portfolio Accountant
Trina received a Bachelor of Business Administration in Finance from the University of Memphis. She previously worked with FRM from 2007 to 2014, and then re-joined the company in 2021. Trina has gained 30 years of experience in accounting and in the investment management industry, beginning as an Accounting Associate at Stephens, Inc.