John R. Piccirilli
John R. Piccirilli is a co-founder and principal of HNP Capital LLC with more than 18 years of professional experience working in the financial services industry. John is instrumental in overseeing all aspects of the wealth management and asset management operations, as well as constructing the firm's team and culture. John's primary responsibilities are to provide business owners, high-net-worth-investors and families top-tier financial strategies. He also specializes in offering consultation related to estate planning, legal-estates and trusts, retirement plan services, business succession planning and asset management. In addition, John is focused on driving the growth of the organization through the creation of expanded service offerings that address the evolving needs of the firm's clients, and evaluating potential merger and acquisition opportunities.
As a veteran of the United States Army, John learned invaluable skills early in his career: organization, structure, discipline, vision and integrity that provided the foundation for his successful path as a financial services leader. His recent business career experiences have led to the development, creation and retention of numerous successful professional relationships within the financial services industry.
John holds a Bachelor's degree in pre-law and political science from St. John Fisher College. Prior to founding HNP Capital, John held multiple securities licenses for more than 12 years including a New York State Certification on Long Term Care, held insurance licenses in a variety of states, and was registered with FINRA.
John is a firm believer in giving back to the community and serves on multiple committees at leading organizations such as Visiting Nursing Services and Hillside Children's Center. He is actively involved in supporting the Bivona Child Advocacy Center, Camp Good Days and Special Times, and the Boy Scouts of America. John is also a member of the prestigious George Eastman Circle and previously served on the Rochester Business Ethics Award Committee.
R. Christopher Hobaica, AIF®
Chris is a co-founder and principal of HNP Capital LLC with more than 18 years of experience working in the financial services industry. As a principal owner at HNP Capital, Chris is instrumental in overseeing and evaluating all investment decisions. Chris leads the firm's investment management activities, as well as the development of customized qualified retirement plans that meet a client's financial goals.
Chris also has a deep expertise in retirement plan services leading the financial education and one-on-one financial planning for all retirement plan participants. He works closely with retirement plan sponsors to create unique plans that meet their objectives. Chris directs HNP Capital's asset management practice and specializes in offering complex financial and wealth strategy solutions for high-net-worth investors. He possesses a wealth of knowledge in investment management and portfolio management for a diverse client base. Chris also leads the management of exchange traded funds (ETF), mutual funds and the firm's actively managed ETF-based portfolios.
Chris holds an Economics degree from the State University of New York at Potsdam.
Chris is an active member of the prestigious George Eastman Circle and is Co-Chair of the George Eastman Circle Leadership Council of the Rochester Region. Chris also serves on the board of directors for PAWS (Providing Animal Welfare Services), sits on the Endowment Committee for School of the Holy Childhood, is the Treasurer of the Pittsford United Nursery School, and serves on the Integrative Oncology Committee at the Wilmot Cancer Center working together with physicians and practitioners.
Nicholas T. Norvell, CFP
Nick is a co-founder and principal of HNP Capital LLC with more than 20 years of professional experience in the financial services arena. As a principal owner at HNP Capital, Nick leads the wealth management operations. He also serves as the company's chief operating officer overseeing all operational aspects of HNP Capital. Nick is an independent CERTIFIED FINANCIAL PLANNER (CFP®) who has been working closely with families and individuals for more than 20 years to formulate, implement, monitor, and update their comprehensive financial plans. In this role, he creates custom-designed strategic programs that address issues in the areas of wealth management, retirement, income distribution, and estate planning. Nick is highly skilled at formulating financial plans for high-net-worth families, individuals, and business owners. He also provides strategic direction on the firm's investment management portfolios.
Over the course of his career, Nick has provided expert witness testimony on fiduciary responsibility, fundamentals of diversification, and asset management for specific client objectives.
Nick holds a Bachelor's Degree in Business Economics from the State University of New York at Oneonta. He is also a CERTIFIED FINANCIAL PLANNER™ (CFP®) licensee.
Nick is a member of the prestigious George Eastman Circle and serves on the Seneca Waterways Council of the Boy Scouts of America for its Annual Sporting Clays.
NEIL J. POWERS, CFA
CHIEF INVESTMENT OFFICER
Neil J. Powers is the Chief Investment Officer of HNP Capital LLC overseeing all investment activities at the firm. Neil joined HNP Capital in 2017, bringing more than 30 years of professional experience working in the financial services industry. Neil's primary responsibilities at HNP include establishing asset allocation across investment strategies, determining sector allocation and security selection within asset classes, and executing investment strategy across portfolios.
Neil has been providing investment management services for HNP Capital as a sub advisor since May 2014 in his role as the primary portfolio manager at Vectors Research Management, LLC, a Registered Investment Advisor that he co-founded. He has generated strong investment performance to date for HNP, and at VRM he has established a 10-year track record of generating positive alpha relative to all benchmarks across all investment strategies. Neil will continue in his role at VRM, bringing the strength, experience, and resources of VRM to the management team at HNP. At VRM, Neil has provided consulting services to major financial institutions and investors in assessing and valuing mortgage credit. In addition, Neil was the Founder of Vectors Research Opportunities Fund, a mortgage-only hedge fund. This fund was successfully managed through the financial crisis, transforming into a mortgage credit fund to leverage the recovery in the non-agency sector of the mortgage market.
Prior to co-founding VRM, Neil held several key positions at Trusco Capital Management. He joined Trusco as the Director of Fixed Income and Cash Management while it was named Crestar Asset Management Company, and brought institutional investment product and performance to the organization, outperforming benchmarks in an up and down market. In 2004, Neil was named Co-Head of Fixed Income and Senior Portfolio Manager at Trusco, where he created and launched the STI Classic Strategic Income Fund, a multi-sector bond fund that consistently outperformed its multi-sector benchmark index and provided superior income and risk-adjusted returns. He also continued to expand institutional investment capabilities, adding significantly to absolute and risk-adjusted investment performance for Trusco’s institutional clients. Neil also served as a senior member of the Asset Allocation Committee while at the firm.
Neil began his career at State Street Bank and Trust, followed by over a decade served at Putnam Investments where he last served as the Senior Fixed Income Portfolio Manager responsible for the management of $7.8 billion in assets, including serving as the lead manager of Putnam’s multi-sector bond funds as well as separately managed institutional client portfolios.
Neil is a graduate of West Virginia University and holds a BS in Finance with a Concentration in Securities and Investments. He was born in Danvers, MA, and has been living in Richmond, VA for 20 years with his wife Valerie and three sons Dylan, Zach and Cole.
Rebecca Westervelt, AIF®
CHIEF OPERATIONS OFFICER
Rebecca serves as HNP’s Chief Operating Officer, bringing with her 20 years of industry experience. She is responsible for the oversight and management of firm operations to ensure client satisfaction, system integrity, and adherence to compliance standards. Rebecca has extensive investment industry experience, most recently as Senior Vice President of Generation Capital Management, a local SEC-registered investment advisor. While there, she was responsible for the firm’s operational, marketing, and compliance functions. She was also instrumental in developing and servicing the firms’ qualified retirement plan offering. Prior, she was a senior portfolio manager at Karpus Investment Management.
Rebecca earned her Bachelor of Arts degree in Economics and English from Bucknell University in 1997 and received a Masters of Business Administration (MBA) degree from Rochester Institute of Technology in 2004. She holds the Accredited Investment Fiduciary™ professional designation. AIF® designees have received comprehensive instruction that represents a thorough knowledge of investment fiduciary standards of care. Rebecca lives in Pittsford with her husband Craig and their three children.
DAVID C. ROBBINS
With over a decade in the financial services industry prior to joining HNP, David C. Robbins has established a reputation as a knowledgeable, insightful, and highly productive professional. With a formidable understanding of the industry's intricacies, Mr. Robbins successfully undertook the challenge of developing service maintenance and education platforms suitable for all levels of net-worth clients.
A 1994 graduate of the State University of New York at Brockport, Mr. Robbins was captain of the football team for three of his four academic years. He resides in Newark, New York with his wife Nicole and their two children, Connor and Emma.
THOMAS B. READING, CWA
Pittsburgh & Western New York Division
Tom has been at the Senior Executive level with over 30 years of experience in financial services. He has a successful track record with management and supervision of multiple investment programs for his clients. He is a 1985 graduate of The College of Wooster and a 2005 graduate with a CWA from the Estate and Wealth Strategies Institute at Michigan State University.
His primary focus has been and will continue to be with high net worth clients in the Pittsburgh region as well as Western Pennsylvania and Western New York. He will have the opportunity to work independently or as part of the HNP Capital investment management team. Tom will be offering a solutions based approach that will be customized to each clients specific needs. He has a broad background in financial services having served in various roles with life , property and casualty insurance sales before moving into investment management. In 1993, Tom began his career in investment management with Morgan Stanley followed by Merrill Lynch and PNC.
Tom resides in Pittsburgh with his wife Tracey and they have two sons Blake and Spencer. He currently serves as a Director of the Win-Sum Ski Corporation (Holiday Valley Resort and Conference Center) and previously served on the Major Individual Gifts committee of The Carnegie Museums of Pittsburgh. Tom enjoys golf, skiing, travel and volunteering where he has supported the First Tee of Pittsburgh and has had various leadership roles with the PGA Tour and USGA.
Erica is responsible for providing the firm’s financial projections and bookkeeping operations. In addition, she supports HNP’s Operations and Compliance Programs. Prior to 2016, Erica was responsible for maintaining accounting and bookkeeping records for various small businesses through Birch Business Services. She is a graduate of State University of New York College at Geneseo where she earned a BS in Mathematics and a Masters in Secondary Mathematics Education. Prior to Birch Business she was a full time Math Teacher at East Irondequoit Central Schools. Her attention to detail and people skills makes her an invaluable part of our operational team.
Erica resides in Webster, New York with her husband and two children. She enjoys spending time with her young family and is active in the community.