Leadership

---

John Crawford, III
Chairman and Chief Investment Officer
John founded the firm in 1980 and currently serves as Chairman and Chief Investment Officer. In addition to managing a select number of client portfolios directly, and communicating our firm’s current thinking to the broader client base via timely updates, John crafts the firm’s economic outlook and strategic asset allocation direction. Furthermore, he aids the Managing Directors of our Fixed Income, Equity, and Diversified Portfolio Groups in assessing trends and relative value among the asset classes our portfolio managers implement in client portfolios. Prior to establishing the firm, Mr. Crawford spent ten years with Lionel D. Edie & Company, a New York-based investment counseling firm. He spent the last five years of his association there as Regional Manager of the Southeastern office. Before joining Edie, he was associated with Merrill Lynch. Mr. Crawford received his BA degree from the University of Georgia and his M.Div. from Drew University. Mr. Crawford has worked in the investment industry since 1969. He currently serves on the investment advisory committee for the American Cancer Society and is Chairman of the Board of Trustees of Drew University.

Management Team

David Crawford, CFA
President, Portfolio Manager
David is President of the firm and serves as the Chief Compliance Officer. In addition to serving as the portfolio manager on a select number of accounts, he serves on the Equity Research team and conducts research on industries covered within our Core and Dividend Growth equity strategies. David joined the firm in 1992. Previously, Mr. Crawford worked for the Federal Home Loan Bank. He received his BA degree in Economics from Denison University and his Master of Finance from Georgia State University.

John Crawford, IV, CFA
Director of Equity Investments, Portfolio Manager
John oversees the firm’s proprietary equity strategies and leads our equity research process. In addition to leading investment committee meetings and to supervising our team of dedicated equity analysts he conducts stock specific research. John serves as a portfolio manager on a select number of client portfolios. He joined the firm in 1990. Mr. Crawford began his career in the investment industry at Merrill Lynch Capital Markets in 1988. He received his BBA degree from the University of Georgia and his Master of Finance from Georgia State University.

Jonathan Morgan
Managing Director - Fixed Income Group, Portfolio Manager
Jon oversees the strategic direction of our firm’s proprietary fixed income operations. He leads our bond policy committee and conducts fixed income research. In addition, Jon serves as a fixed income portfolio manager constructing individual municipal bond portfolios and working directly with clients of the firm who hold municipal bonds. He joined the firm in 2006. Mr. Morgan has been involved with the fixed income markets since 1979. Prior to joining Crawford Investment Counsel, he was a principal in Municipal Portfolio Managers, Inc. Prior to MPM, he was employed by Bear Stearns and Co. for 20 years as a municipal bond trader and municipal institutional salesperson. From 1979 through 1983, Mr. Morgan was employed by Trust Company Bank as a portfolio analyst. He graduated from Miami University of Ohio with a BS majoring in Economics and Finance.

Milton Williams, III
Portfolio Manager
Milton serves as a portfolio manager to a large number of our clients. Milton assists our Chief Investment Officer in developing and communicating our economic outlook and serves as part of the equity research team with stock specific research. He joined the firm in 1994. Previously, Mr. Williams was a Vice President and a senior portfolio manager for both Bank of America and SunTrust. Mr. Williams began his investment career, in 1986, with The Robinson-Humphrey Company. Prior to Robinson-Humphrey, he completed four years of service as a Captain in the United States Air Force. Mr. Williams earned his BS degree in Business Administration from The Citadel. Mr. Williams is a former Vice-Chairman and current advisor to The Georgia Trust for Historic Preservation.

Troy DeCastro, CFA
Managing Director – Sub Advisory Services
Mr. DeCastro oversees the firm’s sub advisor relationships. His responsibilities include portfolio management and client service. He is a Principal of the firm. Mr. DeCastro joined the firm in 1998. Previously, he worked at Mercer Investment Consulting. He received his BS degree in Mathematics from East Tennessee State University and earned the CFA designation in 1997. Mr. DeCastro began his investment career in 1990.