About Us
ANOVA Management is a team of professional traders who have joined together to help investors pursue their long-term financial goals. We have developed the Efficient Market Portfolio Plus (EMP+) to provide investors with an alternative to traditional stock picking methodologies and the often recommended “Buy and Hold” strategy. EMP+ strategies are actively managed and seek to reduce holdings in industry sectors that ANOVA’s algorithms identify as potentially underperforming the S&P 500 Index (S&P). There is no guarantee that EMP+ portfolios will be less volatile than, or generate higher returns than, the S&P, and they may underperform it.
Wayne Penello
Founder, President & Chief Executive Officer
Wayne Penello is the Founder, President, and Chief Executive Officer of ANOVA Management, Inc. He has over 40 years of experience trading, managing risk, and investing. Wayne developed the Performance Risk Management System (US Patent 7,822,670 B2) to give his corporate clients a disciplined framework to hedge their commodity price risk, and he founded the consultancy Risked Revenue Energy Associates. That consultancy’s business was unrelated to ANOVA Management’s investment advisory services. Wayne is the co-author of the book Risk Is an Asset, published by ForbesBooks.
Wayne has a Master’s degree in Marine Environmental Sciences from the State University of New York at Stony Brook. He withdrew from their Ph. D. program with only a language requirement to complete, to become a floor trader on the New York Mercantile Exchange (NYMEX). During his almost 10 years as an independent trader, Wayne served the NYMEX as the Ring Chairman for Options Trading and headed both the Settlement and Floor Committees. Wayne left the NYMEX to advise, trade, and manage commodity price risk for major United States and European firms.
Wayne actively supports several community charities, including ARTS for Rural Texas, The Boys and Girls Club of Champion Valley, the Fayette County Community Foundation, The Round Top Festival Institute, and the Turtle Wing Foundation. In his free time, he enjoys golfing with his wife, Leslie, hunting, fishing, and managing cattle on his ranch in Texas.
Our Team
We provide personalized solutions that are tailored to the unique needs of each of our clients desired stock market exposure.
Bob Coakley
Chief Operating Officer
John DiPlacido
Chief Marketing Officer
Bob Coakley
CHIEF OPERATING OFFICER
Bob Coakley is the Chief Operating Officer. He brings over 35 years of experience in commodity and stock trading to ANOVA Management. He served as Chairman and CEO of COED Media Group, where he was the original angel investor and later took over day-to-day operations. Bob was a member of the New York Mercantile Exchange for over 20 years, where he owned and operated Win Futures Inc., a commodity-trading firm with 100 employees. He was elected to the Board of Directors twice for a total of 6 years and was integral in reopening the Exchange after the 9/11 attack. He held various leadership positions, including Chairman of the Floor and Settlement Committees, and served on dozens of committees. He earned a bachelor’s degree in accounting and finance from Fordham University, was a four-year letterman, and was an All-American in swimming and water polo. He has been on the national board of Swim Across America for 35 years, where he founded the Hudson River and Florida Keys events and served as Treasurer for 32 years. He has contributed significantly to SAA’s success, helping to raise over $100 million for cancer research. He and his wife, Lisa, reside in Florida. Bob has a 100-ton Master Captain’s License and a PADI Master Scuba Diver Trainer Instructors rating. He enjoys fishing, diving, and underwater photography in his free time.
John DiPlacido
CHIEF MARKETING OFFICER
John DiPlacido is the Chief Marketing Officer at ANOVA Management. He has owned and managed an independent energy brokerage company on the New York Mercantile Exchange for 25 years, serving clients in commodities and, more recently, the renewable energy space. John is very active in his community. He volunteers to teach and mentor children and teenagers in sports and finance as his hobby.
ANOVA Management, Inc. is a registered investment adviser in the following States: Florida, New York and Texas. The Adviser may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Individualized responses to persons that involve either the effecting of transaction in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Past performance is not indicative of future results.
Investing involves risk, including possible loss of principal. EMP+, EMP L and EMP B use short selling and sector-based hedging. Short positions can produce losses greater than the amount invested, hedges may not perform as intended, and hedging involves costs that can reduce returns. The strategies may underperform the S&P 500 Index or other benchmarks, including for extended periods, and there is no guarantee that any strategy will achieve its objectives. References to the S&P 500 Index are for comparison only; an index is unmanaged, reflects no fees or expenses, and cannot be invested in directly. For more information about ANOVA Management, Inc., including its fees, strategies and risks, see our Form ADV Part 2A and the SEC’s Investment Adviser Public Disclosure website at adviserinfo.sec.gov. Registration as an investment adviser does not imply a certain level of skill or training.