Michael D. Rollins
Michael D. RollinsPresident & CEO

Michael D. Rollins was born in 1972. Mr. Rollins graduated from Southeastern Louisiana University in 1997, with a Bachelor of Arts degree in Marketing and a Minor in Management. Mr. Rollins is a Level 2 CFA Candidate and a member of the CFA Institute. Mr. Rollins has been the President/CEO and a Relationship Manager of TERMINUS, LLC since its inception in 2010.  Prior to TERMINUS, Mr. Rollins was the Managing Director, and a Partner, with Frontier Investment Management Company headquartered in Dallas, TX, where he worked from 2003 to 2009. When Mr. Rollins’s employment with Frontier began, his main job responsibility was Business Development, and by himself, was responsible for growing the company throughout the Southeast beyond Texas. Frontier was primarily doing business in Texas before hiring Mr. Rollins and wanted him to help grow the company further. At the time Mr. Rollins’s employment with Frontier started, they had approximately $75 million in AUM. In 2009, when Mr. Rollins decided to leave, Frontier was doing business in 8 states and was approaching $1 billion in AUM. Mr. Rollins helped launch, and promote, 2 Hedge Fund offerings, and also helped launch, and promote Frontier’s first exchange traded, no-load, open ended mutual fund. Mr. Rollins also helped develop relationships between Frontier and a number of large national broker/dealers and establish a referral based program, where the brokers who were employed at these broker dealers had the option to introduce their clients to Frontier if the account size met our minimum requirement because the client could then get personalized service, an investment strategy tailored to them specifically, quarterly reviews to review the portfolio and see if the client’s goal and objectives have changed any. This service is available for an annual fee that’s less than approximately 90% of mutual funds which don’t give their clients personalized service and advice. Prior to Frontier, Mr. Rollins worked as an Investment Specialist with Charles Schwab & Co. in Baton Rouge, LA from 1999 to 2003. When Charles Schwab opened an office in Baton Rouge, they asked Mr. Rollins if he would come to Baton Rouge to help get the office up and running. His daily responsibilities were mostly discussing investment goals with clients of Charles Schwab, design an investment plan going forward, and then review the progress at least annually. Prior to Charles Schwab, Mr. Rollins worked in the Mutual Funds Sales division for Fidelity Investments located in Dallas, TX. He did this from 1997 to 1999 before coming to Baton Rouge to work for Charles Schwab. Throughout Mr. Rollins’s career with Fidelity Investments and Charles Schwab, he also had an opportunity to study and earn his Series 7 license, his Series 63 license, his Series 9 license, his Series 10 license, and his Series 65 License. These licenses not only increase his education on different types of markets, investments within those markets, risk factors within those markets, etc., but earning these licenses also show that he has the knowledge and capability to oversee and manage a group of brokers who work for any brokerage firm in the US, and it also shows evidence that he’s met all the requirements necessary to do this, and the government has granted him these licenses showing that he has the capability to do this as well.

Devin P. Espindle
Devin P. EspindleChief Investment Officer

Devin P. Espindle, CFA was born in 1973. Mr. Espindle graduated from the United States Naval Academy in 1995, with a Bachelor of Science degree in Electrical Engineering. Mr. Espindle received his MBA in Finance from Southern Methodist University in 2003, where he graduated Beta Gamma Sigma. Mr. Espindle has been the Chief Investment Officer, Lead Analyst, and Portfolio Manager of TERMINUS, LLC since 2010.  Prior to teaming up with Michael Rollins to form TERMINUS, Mr. Espindle was President and Chief Investment Officer of Espindle Investment Management, a Private Equity Real Estate Group, and before that, he was a Partner, Investment Committee Member, Analyst, and a Portfolio Manager for Frontier Investment Management Company, headquartered in Dallas, TX. Mr. Espindle was employed there from 2001 until 2008. Mr. Espindle was also the only quantitative analyst employed at Frontier, and was the only employee who had the knowledge and qualifications to build the types of quantitative models he did, which assisted by speeding up the investment selection process. Prior to Frontier, Mr. Espindle spent six years as an officer in the US Navy. Mr. Espindle has held the designation of Chartered Financial Analyst (CFA®) since 2004. CFA® designates an international professional certificate that is offered by the CFA Institute. Candidates that pursue the certification have in-depth knowledge of security types and investment vehicles. In order to qualify for to be a CFA® Charter holder, candidates must meet standards for examination, education, experience, and ethics. First, candidates must possess a bachelor’s degree from an accredited school, or its equivalent. Second, candidates must have completed 48 months of qualified professional work experience, generally related to evaluating or applying financial, economic, and/or statistical data as part of the investment decision-making process involving securities or similar investment. Third, candidates must pass a series of three annually administered six-hour exams that covers ethics, quantitative methods, economics, corporate finance, financial reporting and analysis, security analysis, and portfolio management. Finally, candidates must meet and continue to adhere to a strict Code of Ethics and Standards governing their professional conduct, as reviewed by the CFA Institute.

Todd A. Zirkle
Todd A. ZirkleCOO/Managing Director
Todd A. Zirkle was born in 1971. Mr. Zirkle earned his Bachelor of Science in Finance with an emphasis in Mathematics from Louisiana State University. He later earned his Masters of Business Administration (MBA) from Louisiana State University. He is a Certified Treasury Professional (CTP) and has completed post-graduate work on derivatives and synthetics.
Mr. Zirkle began his professional career in Houston, TX as a broker for a private brokerage firm. There, he worked his way up to management of the District Manager’s team and built a solid book of retail brokerage business. During this time, Mr. Zirkle acquired the Series 52, Series 63, and Series 7 securities licenses. He moved back to Louisiana to complete his post-graduate studies while working for Charles Schwab and Company, where he specialized in tax deferred accounts and as a retirement plan specialist. He later worked for a New Orleans based wealth management registered investment advisory firm prior to joining the investment division of a large regional bank. While there, Mr. Zirkle acquired his Louisiana State Insurance Producer License (currently inactive) and earned the Series 9 and 10 securities licenses. Mr. Zirkle then moved into the business of operating and managing federal credit unions where he has held positions of Chief Financial Officer, Executive Vice President/Chief Operating Officer, and Vice President of Business Services. Prior to joining TERMINUS, Mr. Zirkle was a principle and owner of Blackwatch Financial, another Registered Investment Advisory firm. The depth and breadth of his professional and investment experience, education, training and personal entrepreneurial endeavors lend him as an invaluable asset to TERMINUS.