Chad Karnes joins IronBridge as a Founding Partner, Portfolio Manager and Investment Analyst. He will partner with Jim Denholm in developing and executing investment strategies for IronBridge clients.
Market Research Publications
Prior to joining IronBridge, Chad was the founder of ProfitETF.com, where he developed systematic investment strategies as well as ran a subscriber based newsletter focusing on actionable investment advice. He also was a Senior Manager for 9Gauge Partners in Austin, a finance and accounting consulting firm, where he specialized in valuation and transaction advisory services. Prior to 9Gauge and ProfitETF.com Chad served as the Chief Technical Strategist for ETFguide.com, publishing market research for their 2,000+ subscribers.
Valuation, Budgeting and Acquisition Analysis
Earlier in his career, Chad served as the Senior Financial Analyst at Brand Energy & Infrastructure, a $1.5B private-equity owned energy services company. He was part of the four person corporate finance team that, amongst other accomplishments, completed 9 acquisitions worth over $400MM, lead the cash flow and financial reporting processes, and filed an S-1 with the SEC in an Initial Public Offering.
Chad was a deep-value fundamental analyst at a successful $500MM hedge fund, Stadium Capital Management, where he analyzed firms across many different sectors often resulting in portfolio inclusion and investments of up to 15% of company ownership. Due diligence such as financial modeling, site visits, competitive landscape research, and other detailed analysis was performed on 50+ companies.
His professional career started as a Financial Management Program (FMP) graduate at General Electric. An FMP takes a new role at a different GE company every six months, which in his case included duties of controllership, audit, financial planning and analysis, budgets, operations, and acquisition due diligence and integration.
Expert on Markets
Chad earned his undergraduate finance degree with honors from the University of Arkansas where he is an alum of the esteemed Rebsamen Trust Portfolio Management class, a student run investment portfolio. He recently earned a full-time MBA from the Georgia Institute of Technology where he focused on finance and entrepreneurship. He is also a Chartered Market Technician (CMT).
His 20 year experience trading as well as the Chartered Market Technician program, the statistical and data-driven insights learned throughout MBA School and his career, and his financial modeling and analytical experiences from the past are the primary drivers of his investment and analysis techniques.
Chad helps run the Austin Market Technician Association, promoting market education and disciplined, systematic approaches to the markets. In his spare time he enjoys being a new father, spending as much time outdoors with his wife, Edith, and new son, Connor, alongside their Siberian Husky, Denali. He enjoys traveling, snowboarding, running, and playing soccer.