James W. Spence
Portfolio Manager, Principal & Managing Partner
Investment Experience: 23 years

James Spence co-founded the firm in 1992. Mr. Spence is the Managing Partner and Portfolio Manager of the fOCUS programs.  As the Managing Partner, Mr. Spence oversees the growth and development of the firm and supervises compliance.  As the Portfolio Manager, he chairs the investment committee, which consists of two research analysts and four additional committee members.  Mr. Spence is the creator of the model and strategy Spence Asset Management follows in managing the equity positions at the firm.  He coordinates development of research, formulates the strategic and tactical asset allocation and is ultimately responsible for buy-sell decisions.

Mr. Spence graduated with honors from New Mexico State University, with a Bachelor of Arts Degree in Individualized Studies.  He started in the investment industry in 1983 with Quinn and Company.  At the time, Quinn and Company was the only New Mexico based member of the New York Stock Exchange.  As a result of a merger, Mr. Spence joined A.G. Edwards and Sons.  In 1992, he left A.G. Edwards and Sons to form Lord, Spence and Associates.