Company News

Dearborn Partners LLC Announces Internal Ownership Change

posted January 4, 2018

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We are pleased to announce that Carol M. Lippman, CFA, Michael B. Andelman and Richard R. Seitz have acquired the ownership of Dearborn Partners LLC’s  Class A shares from its founding partners: George Jameson, Wayne Stevens, and the Jerome E. Hickey Trust, on January 1, 2018.  Mrs. Lippman, Mr. Andelman, and Mr. Seitz are now the sole owners of Class A shares.

Carol Lippman and Mike Andelman are the Co-Portfolio Managers of the Dearborn Partners Rising Dividend Mutual Fund and the Dearborn Partners Rising Dividend Separately Managed Accounts. Mrs. Lippman joined the firm in 2011, and Mr. Andelman has been with Dearborn since 2004. Richard Seitz is a Managing Director at Dearborn and is in charge of marketing and sales of the firm’s investment products. Mr. Seitz has been with the firm since 2012.