on the rise fall 2015

ON THE RISEVOL. 3

SEMI ANNUAL UPDATEFALL 2015

ON THE RISEVOL. 3

CONTENTS

CNU Green support...............................................2Fall 2015 at a glance..............................................3“Wolves” of the semester.....................................4Newport News Financial Literacy Program..5University Trading Challenge............................6Financial Summit 2016.......................................7Trading Tuesdays..................................................8Advisory Board �nalization..............................9Meet the new leaders.......................................10BOOM (A �nal letter as CEO) by Mitch Phillips............16Our donors and supporters............................17Investment report inquiries and closing...18

The Captains’ Educational Enrichment (CEE) Fund is a student-run 501(c)(3) investment organization partnered with the Education Foundation of Christopher Newport University (CNU). The CEE Fund raises funds through donations and invests these funds in the stock market. Returns from the fund go towards student scholarships. The CEE fund also holds financial

literacy classes and teaches CNU students how to invest their money.

EST. 2011

In an e�ort to support CNU Green’s initiatives, the CEE Fund has elected to go paperless for this

edition of “On the Rise”.

See how you can make a di�erence

cnu.edu/green

2 ON THE RISE | VOL. 3

FALL 2015 AT A GLANCE

Scholarship renewed for Thuy PullenThe CEE Fund has now given $3,000 back to CNU students

Twelve new membersJust under thirty students applied

Newport News Financial Literacy ProgramThat’s right. The CEE Fund is now teaching at local libraries for free (pg. 5)


And much moreRead on for the details

Competed in the University Trading ChallengeThe CEE Fund put CNU on the map at Temple University (pg. 6)

Financial Summit 2016 planningThis will be bigger and better than ever (pg. 7)

2015 leadership terms come to an endThe legacy they left? A brand new culture with a re�ned vision. (pg. 10)


WOLVES OF THE SEMESTERA wolf is another name for a CEE Fund member. They are a pack.(Not to be associated with the law-breaking “Wolf of Wall Street”)

The wolves of the semester are recognized for going above and beyond.

EMILYWEGLEY

TYLERNEESE

They are both on the Development team under Cole Sanderson.Last year, Emily joined the CEE Fund as a freshman. She has proven

herself with her unmatched work ethic and commitment to the Fund.Tyler joined the fund this year and has already made a huge di�erence.

With his sales experience he has helped plan new strategies for creating and maintaining relationships with donors.

Emily, Tyler, and the rest of the Development teamraised $5,640 this semester.


NEWPORT NEWS FINANCIAL LITERACY PROGRAMA lack of education shouldn’t be the reason so many people are behind

on their �nances. The CEE Fund wants to change this. The �rst stepshave been taken by bringing free �nancial literacy classes to the

community. In conjunction with the Newport News Library System and the assistance of Dr. Donaldson and Dr. Rahim of CNU, the curriculum is

extremely educational and easy to understand regardless of age or level of previous education. The Fund plans to expand these classes

into local high schools during 2016.

Contact Cole Hall at [email protected] for more information.

The CEE Fund recognizes the importance to instill �nancial thinking at a young age.This is why working with groups like the Girl Scouts of America is so valuable.

Members pictured from left to right: Marshall Segars, Mitch Phillips, Cole Hall, Cole Sanderson


UNIVERSITY TRADING CHALLENGEThough the CEE Fund did not place top 3, the University Trading Challenge was a

great educational experience for participating members. Out of fourteen teams, the Fund was only one of two undergraduate teams, which is an accomplishment in itself.

“Through the University Trading Challenge our team learned how to use interest rate swaps, hedge variable loans, and �nd alternate

ways of raising capital for our investment banking presentation. We also gained experience in the forex market while trading as a team. It was

one of the best team building experiences of college so far.”

-DAVID CROGHAN

Pictured from left to right: David Croghan, Nick Butz, Dean George Ebbs, Faris Sleem, Marshall Segars


FINANCIAL SUMMIT 2016

PHOTO BY DR. MATT HETTCHEFinancial Summit 2015 | Students during the keynote speech by Jason Moser of The Motley Fool

“We’ve always had the top speakers. We’ve always had the most generous sponsors. We’ve always had solid support from CNU sta�. Now we have an amazing plan to

not only make the Summit more enjoyable for guests and speakers, but more accessible to students’ schedules. Each year we will improve on the last.”

-MITCH PHILLIPS

Improvements for FS 2016 based on student responses:

LUNCH.CATERED

SAME NUMBER OF SEMINARS.

2 HOURS SHORTER. CASUALNETWORKING

SESSION.


TRADING TUESDAYS

In this special edition of a Trading Tuesday, John Caldwell and Ryan Brooks (Malvin, Riggins & Company) alongwith Patrick Dennis (Oyster Consulting) taught close to fifty students about starting a career in finance/accounting.

Beyond the Newport News Financial Literacy Program, weekly classestaught by CNU professors and the Financial Summit, the CEE Fund holds

Trading Tuesdays. These events are led by an outside speaker or a memberof the Fund.

Open to all CNU students, these Trading Tuesdays are perfect for learning the ins-and-outs of creating and adjusting a portfolio using di�erent

strategies. The strategies discussed here are more advanced than mosteducational seminars the CEE Fund holds.

Contact Justin Helou at [email protected] to speak during a Trading Tuesday.


ADVISORY BOARD FINALIZATION

One of the CEE Fund’s biggest obstacles is turnover. With moststudents serving an average of 2.5 years of active time in the Fund,

new leaders and ideas are always presented. This is fantastic and drivesthe growth and passion of the Fund’s mission, however, the Fund’s

values, history, and strategic vision are vunerable to a lack of stability.

An advisory board comprised of the CEE Fund’s longest supporterswill help stabilize the long term objectives and provide a meansfor a smooth transition of leadership. The board will not interfere

with investment decisions or fund operations. Their responsibilitieswill involve strategic thinking, advising, networking and improving

education.

The board will be comprised of nine members meeting semiannually in the spring and the fall. This will include the Dean of the Luter School

of Business, Dean of Social Sciences, three in�uential donors/stakeholders, three CEE Fund alumni, and the previous CEE Fund CEO. The Fund’s academic advisors, Dr. Rahim and Dr. Donaldson will be included in the meetings as well. The men and women invited to serve on the

board are highly respected and valued by the CEE Fund. Board composition is subject to change.

The CEE Fund is excited to see the improvements that will follow.


MEET THE NEW LEADERSEvery year the CEE Fund holds elections to bring in new leadership.Open for election are the Chief Executive O�cer, Chief Investment

O�cer, Chief Development O�cer, Chief Financial O�cer, and Chief Operations O�cer.

Mitch Phillips, Marshall Segars, Cole Sanderson, Ryan Carwile, and Faris Sleem (the leaders of 2015) created a powerful and cohesiveteam that fundamentally changed the culture and main mission of theCEE Fund. With students and �nancial education as the primary focus,

the Fund has had a HUGE impact on the Newport News community.

Below are the newly elected Chief O�cers. The next pages will have more details about them.


MEET THE NEW LEADERSMARSHALL SEGARS

CHIEF EXECUTIVE OFFICER

Expected graduation: May 2017Major(s): Finance and Accounting Time in Fund: 4 semesters Where do you want to be in 5 years?: Starting a career in investment bankingUnique fact: I’m a certified personal trainer“As I stepped into position as CEO and looked back to when I joined the fund, it made me realize just how much the fund has contributed to my own professional and personal development. The fund provides the means to accomplish goals, and a support base of not just other members, but people who have become friends. Being a part of the fund is a commitment to go above the call of duty, and a promise to give back to bene�t the CNU community, and the residents in the area. My goals as CEO are to continue this commitment, expanding upon our programs o�ered outside the CNU community, raising our assets under management, and improving our internal education.”

ceo.ce

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mar

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MARSHALL WILL BE TAKING THE REIGNS FROM MITCH PHILLIPS, 2015 CHIEF EXECUTIVE OFFFICER


MEET THE NEW LEADERSJOLSUAN RUIZCHIEF FINANCIAL OFFICER

Expected graduation: May 2017Major(s): Finance and Accounting Time in Fund: 3 semestersWhere do you want to be in 5 years?: Earn an MBA and CPA whilein a stable position that has flexible career pathsUnique fact: On the way to the Dominican Republic, I slept through a traumatic moment where the plane was going down at a 45 degree angle while losing altitude.

cfo.ce

efund@cn

u.edu

jolsu

an.ru

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uMARSHALL SEGARS

2015 CHIEF FINANCIAL [email protected]

TAKING THE REIGNS FROM


MEET THE NEW LEADERSCOLE SANDERSON

*REELECTED* CHIEF DEVELOPMENT OFFICER

Expected graduation: May 2018Major(s): Finance Time in Fund: 3 semesters Where do you want to be in 5 years?: Working to develop expert sales and business skills while finding time for pick-up basketaball.Unique fact: I wish that I could go back in time and play in the NBA during the 1940s and 50s before everyone started becoming so good.

cdo.ce

efund@cn

u.edu

cole.

sander

son.14

@cnu.ed

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“The main goal for the Development team this year is to reestablish relationships with past supporters of the CEE Fund while building new relationships. Our donors have helped us get where we are today and we would like to thank them and get to know them on a more personal level. It is because of their generous support that we are able to all have such a positive e�ect on the community while having this wonderful opportunity to challenge ourselves every week to accomplish tasks and achieve great things. The supporters of the CEE Fund have enabled great minds to come together and push one another so that we too canbecome future business leaders just like them. We look forward to reaching out and meeting all of our supporters.”


MEET THE NEW LEADERSCOLE HALL

CHIEF OPERATIONS OFFICER

Expected graduation: May 2017Major(s): Economics with a Business Adminstration minor Time in Fund: 3 semesters Where do you want to be in 5 years?: Working with statistical analysis with regards to public policyUnique fact: I am the first person in my family to attend a four year university

coo.ce

efund@cn

u.edu

cole.

hall.13

@cnu.ed

uRYAN CARWILE

2015 CHIEF OPERATIONS OFFICER

[email protected]



MEET THE NEW LEADERSJUSTIN HELOU

CHIEF INVESTMENT OFFICER

Expected graduation: May 2018Major(s): Finance Time in Fund: 3 semesters Where do you want to be in 5 years?: Working at a financial advising firmUnique fact: In high school I started a company building longboards and worked with industry leading manufacturers

cio.ce

efund@cn

u.edu

justi

n.helou.14

@cnu.ed

uFARIS SLEEM

2015 CHIEF INVESTMENT OFFICER

[email protected]



Remember when you graduate high school and everybody tells you that college goes by in a blink of an eye? They’re right. Remember when they tell you that it will be the most fun four years of your life? They’re right, at least so far, about that too. Remember when they tell you that you’ll gain years of relevant business experience by joining one student club? I don’t either. This is what makes my decision to join the CEE Fund so vital to my college career.

I owe it all to the founders of the CEE Fund, the ones who mentored me when I �rst joined, Dr. Donaldson, Dr. Rahim, and all the other faculty who have helped the Fund get to where it is today. An organization that can give anybody the experience of running a non-pro�t without having to be in the Luter School or working long scheduled hours at a company was unheard of until the inception of the CEE Fund.

The CEE Fund is truly special for those who run it and those who bene�t externally from it. When I �rst joined in 2012, the Fund was a year old. We had roughly $12,000 and there were less than �fteen active members. CEO Ashley French , COO Jose Chavez, and the Director of Marketing, Leighton Stone, were my main mentors. They believed in my talents and immediately had me in charge of marketing and graphic design for the Fund. As a second semester freshman, I was granted a spot on the executive board where I became deeply involved in the Fund’s operations. I learned more than I ever could in class-es by sitting in on important meetings, assisting with strategic decisions, and planning big events like the Financial Summit.

I worked hard knowing one day I could be a mentor to incoming members and help them learn beyond the classroom. I am beyond blessed to have had the opportunity to serve as CEO. It has challenged me, inspired me, enlightened me, and humbled me in many ways. I am happy to have left the Fund better than I found it and I am extremely con�dent that Marshall will do the same. There are many improvements to be made and the new executive board has the passion and intelligence to make the necessary positive changes.

I look forward to working with graphic design and branding in my future as my time in the CEE Fund has given me enormous opportunities to strengthen my skills. This update is my last big piece of work for the Fund. Between my spot on the CEE Fund advi-sory board and my May graduation, I’m excited for what’s to come. And lastly, to Marshall- BOOM. This term will go by in the blink of an eye. Make an impact. Service before self.

-Mitch Phillips | 1/4/16 [email protected]

BOOM A FINAL LETTER AS CEO


THANK YOU FOR YOUR SUPPORT.We couldn’t do it without you.

DONORS and SUPPORTERS

ACADEMIC ADVISORS

MORE FUND ADVOCATES

Dr. Willy Donaldson Dr. Niazur Rahim

Bill BrauerProfessor Abby BrooksRonnie CohenDean Robert ColvinDean George Ebbs

President Paul Trible

TKTD Wealth Management Groupof Wells Fargo Advisors

Luter Advisory BoardJoseph W. Luter III School of Business

William WegleyWegley, Higginbotham & Associates, PLC

Nicholas CacciabeveShady Grove Adventist Hospital

Dr. Matt HettcheTricia LorandiSpencer McDonaldPam PringleDr. Nan Qin

Keith Roots-CNU Office of Student ActivitiesCNU Student AssemblyThe Motley Fool

Lowe, Brockenbrough& Company

MI Technical Solutions


LET’S KEEP GROWING!

Whether you are an advisor, donor, parent or �rst-time reader, the CEE Fund appreciates the time you took to view this update. Please share this with your

friends, family and coworkers to raise awareness for the Fund’s mission.

For investment report inquiries, contact Justin Helou [email protected] donate to the CEE Fund, contact Cole Sanderson [email protected]

For other ways to get involved, contact Marshall Segars [email protected]

PHOTO BY CANDACE PLASKA

Written and designed by Mitch Phillipsdesignedbymitch.com

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