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.

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High-Touch Service.

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

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Investor Focused.

Providing independence and security to investors and fund managers alike.

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Technology Driven.

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

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A Boutique Experience.

We are a boutique firm with institutional grade service.

Meet Our Leadership

Leadership
Matt Stover, CPA
Founder, Chief Executive Officer
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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.

Michael Flannery
Chief Operating Officer
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Michael Flannery

Chief Operating Officer

Michael is a broadly experienced collaborative leader with over 30 years in business leadership, and over 10 years serving in the COO role for growth businesses, in diverse industries. He is a seasoned EOS (Entrepreneurial Operating System) integrative operations and financial executive with a proven track record of building teams aligned to delight clients and achieve consistent results.  In 2020, Michael joined MG Stover as Chief Operating Officer. He manages the day-to-day operations and is responsible for the continued development of MG Stover’s innovative and technology driven approach to fund administration. 

As MG Stover continues to grow, Michael will ensure the strategic vision and growth goals are in focus throughout the organization. MG Stover’s recent adoption of EOS as its operating framework will support that focus and ensure accountability, efficiency and high-touch client service continue to be at the forefront of what we do.

Outside of the office, Michael is an avid fly fisherman, and enjoys golf, mountain biking, hiking, and skiing. Michael has been married for 30 years to his wife Anne and has two adult children who both live and work in the greater Denver area.  

Duc Chu
Chief Technology Officer
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Duc Chu

Chief Technology Officer

MG Stover & Co. is pleased to announce that Duc Chu has joined the firm as Chief Technology Officer. With more than 20 years' experience leading technology teams to drive strategic innovation, Duc has managed mission-critical service delivery functions for global organizations. As Vice President of Information Technology of First Data Corp., Duc collaborated with global business and technology teams to implement innovative technology that reduced costs and increased utilization. As a leader he understands the dynamics of building, planning and supporting growth of the organization from start up to full operational capacity.

Duc enjoys the challenge of working on complex projects and collaboratively creating solutions that have the potential for transformational change. An experienced IT Leader, Duc is capable of providing the technology that supports the current and future business strategy of MG Stover & Co.

Carrie Heintz, CPA
Senior Director of Private Equity and Venture Capital Client Services
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Carrie Heintz, CPA

Senior Director of Private Equity and Venture Capital Client Services

Carrie has over twenty years of experience in the alternative investment industry. She started her career at Arthur Anderson, specializing in corporate and partnership tax. From there, Carrie moved to a publicly traded restaurant group, called Rock Bottom Restaurants. In 2000, Carrie joined KRG Capital, a multi-billion-dollar private equity firm, as their Fund Controller. In this role, she spent fourteen years providing global oversight for in-house fund administration including partnership accounting, cash management, audit and tax functions, investor relations and firm operations. Her expertise on the ins and out of fund administration led her to her current role at MG Stover.

As Director of PE & VC Client Services, Carrie oversees all aspects of the closed end service team and ensures that all functions operate efficiently, accurately and timely.  She not only provides valuable oversight and guidance for her team, she also consults directly with our clients to provide industry knowledge and best practices. Carrie is a key member of the leadership team at MG Stover and has contributed greatly to our growth and success over the years.

A rare Colorado native, Carrie earned a BS in Accounting with Distinction from Fort Lewis College and a MS in Taxation from Colorado State University. Carrie frequently returns to her alma mater to present on accounting updates and best practices in fund administration. She enjoys quality time spent with her husband and three children.

Josiah Reich, CPA, CFA
Senior Director of Hedge Fund Client Services
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Josiah Reich, CPA, CFA

Senior Director of Hedge Fund Client 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
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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.

Michael Monroe, Esq.
General Counsel and Senior Director of Risk & Compliance
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Michael Monroe, Esq.

General Counsel and Senior Director of Risk & Compliance

Michael serves as General Counsel and Director of Compliance of MG Stover. He specializes in the legal, regulatory and compliance servicing of alternative investment products and has over 15 years of experience in the industry. Michael has worked extensively on matters relating to fund formation and operation, servicing and regulatory oversight of private and hedge funds with expertise in the U.S. and Cayman regimes. Prior to joining MG Stover, Michael spent two years as Vice President and Principal Legal Counsel of ALPS Fund Services, Inc., where he oversaw all legal and compliance matters for its alternative investment business. Before that, he spent nine years at U.S. Bancorp Fund Services, where he served as Senior Counsel in its Alternative Investment Solutions division.

Michael received his Bachelor of Arts degree with a Major in Economics from the University of Michigan and his Juris Doctor degree from the Marquette University Law School.

Seth Altman, CPA
Senior Director of Blockchain and Digital Assets
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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.

A Worldwide Presence

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USA
United States
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Cayman
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British Virgin Islands
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Brazil
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France
Germany
Netherlands
Spain
Switzerland
United Kingdom
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Hong Kong
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Singapore
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Uruguay
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South Africa
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India
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Philippines
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Japan

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