Richard Mills, CFA / SVP, Portfolio Manager


Richard is the Co-Portfolio Manager for Piedmont’s Optimized SMID and Small Cap products as well as Co-Portfolio Manager for Piedmont’s Market Plus Enhanced Index and Passive Index strategies. Richard is a member of Piedmont’s quantitative team that is responsible for providing quantitative support to all of Piedmont’s investment products. He designs, researches and implements quantitative equity investment strategies and is responsible for maintaining the research data infrastructure of the firm. He is an equity partner of the firm and a member of the firm’s Operating Committee.

Prior to joining Piedmont in 2010, Richard was Director of Quantitative Research at Shenandoah Asset Management, overseeing the research and portfolio construction process, as well as the firm’s back office and systems infrastructure. Richard also worked as a Senior Investment Analyst for Public Equity at the Virginia Retirement System, where his duties included evaluation and oversight of equity managers, portfolio management, plan-wide risk management, and systems development for risk analytics and internal quantitative research. He also helped manage an Equal Weighted S&P 500 passive portfolio.

Richard received a BA from the University of Virginia and an MBA from Virginia Commonwealth University. He holds the Chartered Financial Analyst (CFA) designation.