Introducing Jay Nova, CFA, Vice President and Portfolio Manager

Please join us in welcoming Jay Nova, CFA, Vice President and Portfolio Manager to the TrustBank team of partners!  Jay brings a vast array of experience, not to mention his New York accent, to the Camelback office!  

Five questions with Jay:

Q: Why did you decide to make the move to TrustBank?

A: I have long-standing relationships with a number of the partners at TrustBank and have always been impressed with the quality of the not only the people, but the high-level understanding of each partner’s area of expertise. 

Q: What made you start working in finance and portfolio management?

A: I grew up in a household where money was often the center of conflict.  I wanted to find out what it is about money that elicits such strong emotional reactions.  From there I was hooked!  I went on to earn a bachelor’s degree from Cornell University, my Masters of Science in Portfolio & Investment Management at Pace University, and later, the Chartered Financial Analyst (CFA) designation from the CFA Institute.  

Q: Tell us how you make portfolio decisions…

A: I place an emphasis on controlling risk, and mitigating potential losses versus chasing the highest rate of return through well-diversified portfolios.  I design each person’s portfolio with their specific financial needs and emotional tolerance for risk in mind.  I pay close attention to human behavior, from both our clients and how people who influence the markets are making decisions.        

Q: Where are you from?  How did you end up in Arizona?  

A: I am an east coast transplant!  My life started with excitement; I entered this world in a taxicab on the way to the hospital in Brooklyn, NY.  From there I moved around the east coast, accumulating a variety of experiences in the finance world, until heading out west a few years ago.  

Q: What do you do when you aren’t at work?

A: I enjoy everything Arizona offers outdoors including hiking, fishing, and chasing golf balls.  When the beach calls, Hawaii is my favorite place in the world!  It’s truly my version of paradise!   Just a bit on the expensive side.

More about Jay:

Jay Nova is a Vice President and Portfolio Manager for TrustBank Arizona. He is responsible for developing and implementing tailored investment strategies for high net worth individuals, families, foundations and endowments.  As Portfolio Manager, Jay specializes in providing comprehensive financial management solutions that are aligned with each client’s unique goals and objectives.

Jay has over 30 years of experience in the financial services industry.  Prior to joining TrustBank, he served as a Portfolio Manager for Arizona Bank & Trust (ABT) where he managed approximately $500 million in assets for high net worth individuals, families, charities, foundations and businesses.     

Jay received a Bachelor of Science degree in Business Management & Economics from Cornell University and a Master of Science degree in Investment & Portfolio Management from Pace University, Lubin School of Business.  He holds a Chartered Financial Analyst (CFA) designation and is a member of the Phoenix CFA Society and the CFA Institute.