Michael Santelli, CFA
Managing Director, Portfolio Manager
Michael Santelli joined the firm in 2014 as a portfolio manager. In 2017, Michael became the lead portfolio manager for Ancora’s Micro Cap strategy and mutual fund (ANCIX), after he had taken on the role of co-portfolio manager in 2016. Michael brings depth of experience as a portfolio manager with a focus on finding undervalued companies.
Before joining Ancora, Michael spent 18 years at PNC Financial Services Group in their institutional investment management unit. His first five years was spent on the fixed income side of the business where he served as leader of the taxable fixed income team. He spent the next 13 on the equity side of the business where he lead the fundamental value team. Before managing money, Michael spent four years in fixed income research on Wall Street in the structured products groups at Merrill Lynch and Donaldson, Lufkin & Jenrette. Michael earned a Bachelor of Accountancy degree from The George Washington University and a Master of Business Administration degree in Finance from the University of Chicago, Booth School of Business. He also holds the Chartered Financial Analyst® designation and is a member of the CFA Society Cleveland
