More than an Administration Firm.
We are an extension of your fund.

Since our inception in 2007, MG Stover has sought to improve the fund administration experience for investment managers. In order to accomplish our mission and differentiate our product in a crowded marketplace, client service has been the key to our business model.

MG Stover’s commitment to our clients is evidenced in our philosophy that “Accountability Comes First.” We do not have a one-size-fits-all approach to our clients because no two clients are the same. We strive to understand our clients’ business goals and focus on building long-term relationships. Since accountability to our clients is at the heart of our business philosophy, we are constantly improving every aspect of our business to provide superior service to our clients.

High-Touch Service.

We take the operational burden off a fund manager's shoulders and on to ours.

Investor Focused.

Providing independence and security to investors and fund managers alike.

Technology Driven.

We constantly evaluate process efficiencies and make investments in the most cutting-edge software on the market.

A Boutique Experience.

We are a boutique firm with institutional grade service.

Meet Our Leadership

Matt Stover, CPA
Founder, Chief Executive Officer

Matt Stover, CPA

Founder, Chief Executive Officer

After graduating from the University of Wisconsin-Madison with a BBA in accounting, and a certificate in International Business from Thames Valley University in London, Matt began his career as a CPA at PricewaterhouseCoopers and Spicer Jeffries. There, he audited hedge funds, commodity pools, mutual funds, broker-dealers and investment advisors. In 2007, after growing frustrated with the data he was receiving from fund administrators, Matt decided to start his own firm. His entrepreneurial spirit and goal to create a unique, invaluable service offering has shaped the standards and culture that we adhere to today.

As Chief Executive Officer, Matt leads the strategic and visionary activities for the firm. He ensures that accountability, efficiency and forward thinking are at the forefront of what we do. Matt has been integral in the evolution of the crypto hedge fund industry. In 2017, he co-founded CoinVantage, a portfolio accounting and reporting system for digital assets. CoinVantage merged with Picks & Shovels in 2018 before getting acquired by Kraken in 2019.

Outside of MG Stover, Matt is a Director on the Global Board of Help For Children, a foundation that prevents and treats child abuse around the world. As an avid Colorado outdoorsman, he bikes with Boulder based Wednesday Morning Velo group during the summer, goes on the back country ski trips during the winter and spends many weekends in the mountains with this wife and four kids throughout the year.

Josiah Reich, CPA, CFA
Chief Operating Officer of Fund Services

Josiah Reich, CPA, CFA

Chief Operating Officer of Fund Services

Josiah joined MG Stover in 2011 and has served in varying capacities with MG Stover over the period. In his role as Director of Hedge Fund Client Services, Josiah oversees the firm’s services for open-end investment funds. Prior to joining MG Stover, Josiah was with KPMG’s audit practice for 7 years. While with KPMG he led audits of large SEC clients in numerous industries. During his tenure at KPMG, Josiah completed an international rotation in the Cayman Islands where he worked within the Alternative Investments Practice servicing both onshore and offshore hedge funds. 

Josiah graduated from the University of Colorado-Boulder with a BBA in finance and MS in accounting. He is a Certified Public Accountant and holds the Chartered Financial Analyst designation. Outside of work, Josiah enjoys Colorado’s great outdoor activities and spending time with his wife and 2 young boys. 

Gary Newlin
Senior Director of Business Development

Gary Newlin

Senior Director of Business Development

Gary has over two decades of diverse sales experience in finance and the alternative investments industry. After graduating from the Foster School of Business at the University of Washington with a Business Administration degree, Gary began his finance career with Merrill Lynch & Co. as a partner of a high net worth wealth management team. He also gained great experience as Director of Marketing & Sales for a boutique firm sourcing and structuring bond reinvestments for issuers of asset-backed securities and as a risk management broker placing E&O/D&O coverage into alternative asset funds.

In 2012, Gary joined MG Stover, a then small company of just six people, as Director of Business Development and is a key member of the leadership team at MG Stover. He leads the sales initiatives and overall growth strategy at MG Stover that has seen revenues increase significantly since he joined the firm. 

Outside of the office, Gary is active with charitable work through MG Stover community initiatives and a local group he’s involved with called the Mogans. Gary is an avid golfer and you can usually find him on the course, in the mountains, traveling, attending sporting events or with family in his spare time.

Bryan Goldberg
Senior Director of Hedge Fund Client Services
Bryan Goldberg

Bryan Goldberg

Senior Director of Hedge Fund Client Services
Prior to MG Stover, Bryan served as Vice President at SS&C ALPS and a leader of its Hedge Fund Services business in Kansas City. He also served as the head of the Regulatory Reporting department providing Private Fund Reporting for Registered Investment Advisors and Commodity Pool Operators. Bryan is an expert in complex fund structures including Master-Feeder Structures, Parallel Funds, and Fund of Funds. He was instrumental in the growth and success of SS&C ALPS and its predecessor, Kaufman Rossin Fund Services.
Eric Fonacier
Director of Operations

Eric Fonacier

Director of Operations
Eric joined the MG Stover team in July 2017. Prior to MG Stover, Eric was a Principal on the Operations Risk Assessment team at Mercer Investment Consulting. In that role, he conducted comprehensive operational due diligence reviews and operational best practices consulting on behalf of Mercer’s global institutional client base. During his time at Mercer, he conducted reviews on over 150 investment organizations in North America across all asset classes, strategies, fund structures and sizes. Prior to Mercer, Eric held various senior roles at boutique alternative investment management firms, with broad responsibilities in the areas of hedge fund due diligence, back-office operations and compliance.
At MG Stover, Eric works with client service teams and developers to build proprietary applications and reporting that help standardize and streamline client service workflows.  He also serves as the primary point of contact for any investor and client due diligence requests. Finally, Eric is responsible for managing the annual SOC 1 Type II review of MG Stover in coordination with RSM LLP.
Eric grew up on the East Coast where he graduated from the Carroll School of Management at Boston College with a BS in Marketing. He enjoys spending time with his wife and two children, cooking, and taking advantage of the many outdoor activities that Colorado has to offer. 
Seth Altman, CPA
Senior Director of Blockchain and Digital Assets

Seth Altman, CPA

Senior Director of Blockchain and Digital Assets

Seth originally joined MG Stover in 2016 as Director of Hedge Funds, overseeing the open-end fund accounting group. One year later, he paired his extensive knowledge of cryptocurrency and accounting standards to build the first scripts for CoinVantage, a former MG Stover subsidiary company that enables accelerated data aggregation and reporting for digital assets. This ultimately lead Seth to his current role as Director of Technology & Innovation. In this position, Seth focuses on developing efficient procedures and processes through the use of technology. He ensures that MG Stover is constantly evaluating best practices and adapting to the fast pace of modern business.

Seth began his career in alternative investments immediately after graduating from Lehigh University’s College of Business and Economics with a BS in Accounting. He has both industry and Big 4 public accounting experience, spending many years at Rothstein Kass, KPMG and the multi-billion-dollar hedge funds Glenview Capital Management and Lazarus, where he served as CFO.

Seth loves to get outside and golf in the summer or ski in the winter. He enjoys spending time with his daughter, his son and his wife, especially when they are golfing or skiing with him.

Brian Wolf
Chief People Officer
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Brian Wolf

Chief People Officer
Prior to joining MG Stover, Brian spent 5 years with Mediaocean as the Global head of HR where he oversaw several large acquisitions and integrations (4C Insights and Flash talking).  Brian's approachable demeanor as a player-coach concentrated on employee engagement and experience helped increase the employee net promoter score from 11 to 45.
Originally from Colorado, Brian left home at 17 to pursue his ice hockey dream, playing AAA in Michigan and Junior hockey in the US and Canada. After suffering a knee injury at the National tournament, he attended Lake Forest college where he graduated with a Business degree.  Following graduation, Brian worked for Arthur Andersen, Publicis Groupe and Northern Trust in Human Resources. At Northern Trust Brian spent 2 years in Bangalore, India as the Regional Manager for Employee Relations.
Outside of work Brian still plays hockey and enjoys golfing, fishing and pickleball.  
He is married with two teenage daughters.  He also serves as the Adjutant (Secretary) for the Son’s of the American Legion, Squadron 42, which actively supports veterans and their families. 
Ben Schulson
Chief Information Officer

Ben Schulson

Chief Information Officer

Ben joined MG Stover in January 2024 as our Chief Information Officer (CIO). His role encompasses managing our entire technology environment, including: IT, software development, security, and governance. Ben brings a structured approach to strategic technology initiatives, ensuring alignment between business goals and compliance with industry best practices.

Before joining MG Stover, Ben spent nearly two decades in the financial services sector. As a Chief Technology Compliance Officer for a FinTech company serving external enterprise clients and internal Broker Dealers, he honed his ability to navigate complex technology frameworks, implement robust controls, and foster a culture of security awareness. Prior to that, Ben held key IT management positions at a prominent NYC law firm and even worked as a video game designer. Notably, he founded one of the web’s first video streaming sites after graduating from the University at Albany with a Theatre degree, offering streaming services long before Netflix and YouTube.

Beyond his professional endeavors, Ben leads an active and exciting personal life. He coaches T-ball, instilling teamwork and sportsmanship values in young athletes. You’ll often find him on camping trips with family and friends. His commitment to community extends beyond the workplace, as he actively supports charitable causes aligned with education and youth development.

A Worldwide Presence

United States
British Virgin Islands
United Kingdom
Hong Kong
South Africa

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