Buy/Hold Plus was founded in 2005, with the team working together in the portfolio management field since 1997. This team is both experienced and dedicated so that you have the support you need to feel confident in the management of your investments.
To learn the principles the team uses in managing the portfolios see our Investment Philosophy »
Robert Giarraffa attended St. John's University in Queens, NY, graduating in 1968 with a Bachelor's Degree in Chemistry. He began his career in the pharmaceutical industry, where he worked for 15 years. Bob was concurrently a member of the Army National Guard, from 1969 to 1976. He went on to attend Fairleigh Dickinson University, graduating in 1976 with an MBA in Finance.
Bob began his career in the financial industry as a Financial Advisor in 1978. In 1982, he went on to found what is now known as New Horizons Wealth Management and is an OSJ Principal with TFS Securities, Inc. in Lincroft, NJ. He created Backdoor BudgetingSM in 1993, a Federally Registered method used to analyze cash flow. Bob currently maintains his FINRA Series 1, 7, 24, 64, and 66 registrations.
Bob's portfolio manager experience extends back to 1996, and has been the Lead Portfolio Manager for the Buy/Hold Plus Models since their inception in 2006. Bob's responsibilities include fund selection reviews, allocation analysis, portfolio model development, correlation assessment, and anything additionally related to the ongoing management of the investment portfolios.
Joseph P. Okaly
Assistant Portfolio Manager
Joe graduated with honors from The College of New Jersey where he obtained a Bachelor of Arts Degree in Finance. He has been working in the financial advising and investing field since 2007. Joe has served as a financial advisor and marketing associate for New Horizons Wealth Management, and has grown into a valued member of the Buy/Hold Plus team. Joe currently maintains his FINRA Series 7 and 66 licenses. His responsibilities include assisting the lead portfolio manager, Robert Giarraffa, in fund selection reviews, allocation analysis, and portfolio model development.
Tara attended the University of Delaware and graduated with a Bachelor of Arts degree in both Consumer Economics and Italian. Tara has experience in both the operational and marketing components of the Buy/Hold Plus program, previously working for three years in the operational side. During this time she handled the daily operations, as well as led two major conversions of custodians and portfolio management systems. Tara currently maintains her FINRA Series 7 and 66 licenses. Her wide-ranging experience has provided her with a thorough understanding of the program from multiple angles, allowing her to provide valuable insight to investment advisor representatives and their team members. In addition to acting as the main contact for advisors, Tara's responsibilities include the development, updating, and maintenance of all marketing resources.
Thomas P. Hyland
President of TFS Securities Inc.
Tom Hyland attended Rutgers University in New Brunswick, NJ on a full academic scholarship, graduating Cum Laude with a Bachelor of Arts Degree in Communication and English. He began his career in financial services in 1986 with McLaughlin, Piven, Vogel, Inc. on Wall Street, rising to the position of Vice President. Tom left the firm to launch his own independent financial planning practice, which he has maintained since 1987.
Also in 1987, Tom founded TFS Securities, Inc., and later spearheaded the creation of the company's Registered Investment Advisor branch, which maintains the Buy/Hold Plus portfolio models. Tom currently maintains his FINRA Series, 7, 24, 27, 53, 63, 65, and 79 registrations, along with various other industry licenses and designations. Tom is a vital member of the Buy/Hold Plus team and is involved in maintaining and establishing new relationships with investment advisor representatives, identifying new channels for program growth, and ensuring superior program quality through conjunctive efforts across all program departments.
TFS Securities Inc. Operations Support
Nicole attended Rutgers University and graduated with a Bachelor of Science Degree in Finance and a minor in Psychology. As an Operations Coordinator for Buy/Hold Plus, her responsibilities are many and varied. These include helping to run daily operations, including trading, account reviews and other administrative tasks. Nicole currently maintains her FINRA Series 4, 7, 24, 27, and 53 registrations. Her extensive knowledge of the trading platform, program procedures, and investment guidelines make her a valuable resource for both the portfolio management and marketing support teams.
Chief Compliance Officer
Tammy has been accumulating experience in the investment industry since 1990. As a Financial Services professional with a well-rounded career history that encompasses all aspects of the investment industry, Tammy has a proven track record of success in areas of sales support, operations, management and compliance. Prior to her current position, Tammy was a manager for Prudential Investments where she developed, created and implemented an Operations / Research team designed to support internal and external wholesalers nationwide. As a Senior Operations Coordinator Tammy maintains her Series 7 and 24 registrations, and is responsible for overseeing the daily activities of the compliance team. Tammy is also responsible for training and developing new staff, as well as ensuring continued education and performance of current staff members.
Jennette handles the daily operations and is the primary liaison to Pershing, which serves as the clearing and brokerage platform partner. Overseeing the opening of accounts, trading, asset movement, and account reviews, Jennette is the primary contact for all things related to the brokerage, custody, and trading operations. Jennette currently maintains her FINRA Series 4, 7, 24, 27, 53, and 63 registrations. Jennette's in-depth knowledge and complete understanding of the brokerage and trading platform's functionality make her an extremely valuable asset to Buy/Hold Plus.