Stephen Somers began his investment career with Shearson Lehman Brothers in 1990 in fixed income with a particular focus on the analysis and pricing of complex mortgage-backed securities. He moved to a trading position at National Westminster Bancorp, where, in addition to buying and selling for the bank’s MBS portfolio, he developed new strategies for hedging its positions. He then turned his trading expertise to the equities markets and worked as a proprietary trader for a private trading firm, Navillus Securities. It was while developing automated systems to trade spreads on equity pairs at Navillus that he determined that ‘long volatility’ models offered the greatest opportunity for both longevity and outsized returns. It was here that the initial concept for the Somers Brothers trading model was conceived. Stephen has a degree in Business Economics from the University of California at Santa Barbara.
William Somers has worked for over 25 years in market and media research with Kraft Foods, Inc., AGB Italia Group, NPD Group, Inc. and Nielsen Media Research, during which time he has developed expertise in creating sophisticated software applications for analyzing large quantities of data. Applying this expertise to the development of market trend analysis, where many of the same principles hold, he has developed the software systems that underlie the robust performance of the Somers Brothers trading model. William has a MBA in Finance from the Stern School at New York University and a BA from Princeton University.