Each employee of Northern Capital brings a unique set of experiences and skills to the company. As with any successful team, effective leadership is the means by which individual talents are blended together. The management team, guided by a shared belief in our investment philosophy and process, is committed to providing clients the best possible investment management services.
We invite you to contact us to arrange a meeting to explore how we can assist in achieving your financial goals.

Stephen L. Hawk, Ph.D.
Managing Partner

Mr. Hawk is a Managing Partner and was a founding partner of the firm in 1979. He is a member of the Investment Committee and is responsible for managing client relationships. Prior to joining the firm, he was a full professor and Chairman of the Department of Finance at the University of Wisconsin-Madison. He holds a BBA, MBA and Ph.D. in Finance from the University of Wisconsin-Madison. He also established the UW Madison Graduate School of Business' Applied Securities Analysis Program, which has received national recognition for its innovative approach toward investment education.

Daniel T. Murphy, CFA
Managing Partner

Mr. Murphy is a Managing Partner and has been with Northern Capital since 1995. He is a member of the Investment Committee with responsibility for the firm's asset allocation, portfolio management and investment research activities. Prior to joining the firm, he was a Partner and Senior Investment analyst at Brinson Partners (UBS Brinson) and an Investment Officer with Ameritrust (Key Bank). He holds a BBA in Finance and a MBA in Finance and Investment from the University of Wisconsin-Madison. Mr. Murphy received the Chartered Financial Analyst® designation in 1991 and is a member of the CFA Institute and the CFA Society of Madison.

Paul A. Perry
Managing Partner

Mr. Perry is a Managing Partner and has been with Northern Capital since 1994. His responsibilities include managing client relationships, a member of the Investment Committee, and the Chief Compliance Officer. Prior to joining the firm, he was vice president of trust for Associated Banc Corporation and an economist for First Interstate Bank of Arizona. He holds a MA (Economics) and a JD from the University of Nebraska and a BBA from the University of Wisconsin-Eau Claire. Mr. Perry has been in the financial industry since 1983.

Michael T. Krachey, CFA
Assistant Portfolio Manager

Mr. Krachey is an Assistant Portfolio Manager and has been with Northern Capital since 2003. As a member of the Investment Committee he is responsible for assisting with asset allocation and portfolio management, as well as overseeing the operational activities at the firm. Prior to joining the firm, he was a Senior Mutual Fund Accountant at US Bancorp Fund Services. He holds a BBA in Accounting from the University of Wisconsin-Madison. Mr. Krachey received the Chartered Financial Analyst® designation in 2007 and is a member of the CFA Institute and the CFA Society of Madison.

Daniel J. Olkowski
Senior Trader

Mr. Olkowski is a Senior Trader and has been with Northern Capital since 1995. His responsibilities include executing and managing trades across all asset classes, observing market news and activity, and monitoring client portfolios. He holds a BS in Economics from the University of Wisconsin-Madison and is a member of the Securities Traders Association of Wisconsin.