Meet Our Managing Directors

Michael B. Andelman

Managing Director

Mike serves as the co-portfolio manager for the Rising Dividend strategies. He conducts equity research in the Healthcare and Technology sectors of the market with a specific focus on companies with a growing dividend stream. Prior to joining Dearborn in 2004 he worked in various capacities at MPI Investment Management as well as First Trust Advisors, LP. In 2010 he was named partner in the Firm.

Carol M. Lippman, CFA

Managing Director

Carol manages Dearborn Partners' Core Rising Dividend Portfolio and High & Rising Dividend Portfolio strategies. For nearly three decades, Carol has managed investments according to her Rising Dividend philosophy, first for A.G. Edwards and its successor firms. She joined Dearborn as a partner from Wells Fargo Advisors in 2011 and has 30+ years of investment experience. She is a past president and a member of the Board of Governors of the St. Louis Society of Financial Analysts and a member of the CFA Institute.

Richard R. Seitz

Managing Director

Rick is in charge of marketing and sales of the firm's investment products to financial advisors and other intermediaries, focusing now on the Rising Dividend Strategy. Prior to joining Dearborn Partners, he was a Managing Director and National Sales Manager for Legg Mason Global Asset Management and its predecessor, Citigroup Asset Management, with $700 billion of assets under management.

Rick is a thirty year veteran of the financial services industry with significant experience in separately managed accounts, open and closed end mutual funds as well as many structured products. He has also held senior marketing positions with E.F. Hutton and American National Security.

Roger Diaz, CIMA^®

Director

Roger is responsible for marketing and sales of Dearborn Partners investment strategies in the Western US to investment advisors and other intermediaries.  Prior to joining Dearborn Partners he was a Western Divisional Manager at Macquarie Investment Management, he was also a Managing Director at TCW.  Roger has over 20 years of experience working with institutions and investment advisors.