Investment Committee

The purpose of the thirteen-member Investment Committee is to manage the endowment and operating portfolio of the USM Foundation, the endowment portfolio of the University System of Maryland (Common Trust), the endowment portfolios of other foundations affiliated with the University System of Maryland and the endowments of foundations affiliated with public community colleges in Maryland to the extent that such endowments have contracted with USM Foundation for investment management services.


Larry D. Boggs
The Boggs Wealth Management Group
Managing Director - Investment Officer

Charles W. Cole
Legg Mason Trust Company
Retired Chairman and CEO

V. Raymond Ferrara
ProVise Management Group, LLC
Chairman and CEO

Eric S. Francis 
The CBMC Group
Chairman and CEO

Joseph R. Hardiman, Vice Chair
Private Investor

Viju Joseph
Pefin, Inc.
President and CIO

Robert Milkovich
First Potomac Realty Trust
Chief Operating Officer and Chief Executive Officer

Paul H. Mullan
Charterhouse Group International, Inc.
Vice Chairman and Strategic Partner (Retired)

Bruce Richards
Marathon Asset Management, LP
Chief Executive Officer & Co-managing Partner

Thomas “Tim” Schweizer
Brown Advisory Securities

Bonnie B. Stein
Jemma Financial Services
Co-Founder, President, and CEO of Jemma Financial Services

Sam Gallo, 
Chief Investment Officer
USM Foundation

Download our Investment Committee Charter

Our Vision

Our vision is to attract broad resources that transform the USM and its institutions, create a network of advocates to embrace the USM’s role as an educator and economic engine, and to grow a long-term, sustainable culture of philanthropy across the University System of Maryland.

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