Ceredex Value Advisors
Ceredex Value Advisors has managed money for institutions, endowments, foundations, and high-net-worth investors since 1995. The firm seeks dividend-paying companies that possess positive price appreciation catalysts at attractive valuations.
Traditional value investing. Unique approach.
The firm strives to marry the art and science of investing to better serve our clients with consistent financial results through a variety of market conditions. Portfolio managers and analysts collaborate to execute on bottom-up, company-by-company research, seeking to identify catalysts in undervalued, dividend-paying stocks when constructing value-oriented portfolios.
Mills Riddick, CFA
Chief Investment Officer, Senior Portfolio Manager
Industry Start Date: 1982
Mills Riddick is chief investment officer of Ceredex Value Advisors, an investment management affiliate of Virtus Investment Partners. Mr. Riddick is responsible for the overall investment policy of all of the firm’s value equity portfolios, and serves as senior portfolio manager of the firm’s Large Cap Value Equity strategy. He is senior portfolio manager of the Virtus Ceredex Large-Cap Value Fund.
In 1989, Mr. Riddick joined Trusco Capital Management, Ceredex Value Advisors’ predecessor firm. After joining Trusco, he assumed a lead client service role with portfolio management responsibilities. He started with the firm’s Growth strategy and subsequently began working for the Large Cap Value strategy that he manages today. In 1995, Mr. Riddick became the strategy’s sole portfolio manager and was appointed head of the Value Equity team. He held both of these positions without interruption from 1995 until 2008. During this time, he played a lead role in crafting Trusco’s equity investment philosophy and assembling its team of professionals who are dedicated to value equity. In recent years, he led Ceredex Value Advisors’ transition from an investment boutique integrated within Trusco to an independently managed firm. His efforts contributed to Ceredex Value Advisors’ eventual incorporation and registration with the SEC on March 31, 2008.
Mr. Riddick began his career in 1980 with Peat Marwick as a certified public accountant. He began his investment career with Bache as a financial consultant.
Mr. Riddick graduated cum laude from Florida State University with a B.S. in accounting. He received the Certified Public Accountant designation in 1981 and the Chartered Financial Analyst� (CFA�) designation in 1992. Mr. Riddick has worked in investment management since 1982.
Don Wordell, CFA
Managing Director, Portfolio Manager
Industry Start Date: 1996
Don Wordell is managing director at Ceredex Value Advisors, an investment management affiliate of Virtus Investment Partners. He serves as portfolio manager of the Virtus Ceredex Mid-Cap Value Equity Fund.
In 1996, Mr. Wordell joined Trusco Capital Management, Ceredex Value Advisors’ predecessor firm, as a research analyst covering value equity strategies. In 2001, he assumed a portfolio manager role for the Mid-Cap Value strategy.
Mr. Wordell has been quoted and featured in a number of national publications, including Dow Jones and MarketWatch, and has been a featured guest on CNBC and Bloomberg TV.
Mr. Wordell is a graduate of the University of Central Florida where he earned a B.S. and an M.B.A. in finance. He received the Chartered Financial Analyst� (CFA�) designation in 2004. Mr. Wordell has worked in the investment management industry since 1996.
Brett Barner, CFA
Managing Director, Portfolio Manager
Industry Start Date: 1985
Brett Barner is managing director and portfolio manager at Ceredex Value Advisors, an investment management affiliate of Virtus Investment Partners. He serves as portfolio manager of the Virtus Ceredex Small-Cap Value Equity Fund.
In 1990, Mr. Barner joined Trusco Capital Management, Ceredex Value Advisors’ predecessor firm, as a client portfolio manager and performed equity analysis. In 1995, he assumed his current portfolio manager role. Before joining Ceredex Value Advisors, Mr. Barner was a financial consultant for Drexel Burnham and Shearson Lehman Brothers.
Mr. Barner earned a B.S., cum laude, in business administration with a concentration in finance from the University of Central Florida. He earned the Chartered Financial Analyst� (CFA�) designation in 1993. He began working in the investment management industry in 1985.