Team Bios

David Fleer, CFA

David Fleer, CFA

Portfolio Manager & Founder
David started his career in investment management in 1996. Prior to founding Bristlecone in 2004, David was a Senior Vice President and US equities portfolio manager/analyst at Oppenheimer Investment Advisers.

David grew up in North Carolina, then moved to Massachusetts, where he earned a Bachelor of Arts degree in history from Amherst College (Amherst, MA) and a Master of Arts degree in art history from Williams College (Williamstown, MA), with a focus on Italian Renaissance. Researching and discussing investment ideas around the conference room table, it turns out, is not all that different than discussing Leonardo around the seminar table.

David now lives in Los Angeles, California, with his wife, son and daughter. David has managed not to gain too much weight eating at Clementine, his wife's bakery café, attempting to burn off the calories by playing and coaching (and sometimes just watching) soccer, among other pursuits.
Jean-Luc Nouzille, CFA

Jean-Luc Nouzille, CFA

Portfolio Manager & Founder
Jean-Luc started his career in finance in 1987. Prior to founding Bristlecone in 2004, he was a Senior Vice President and an international and US equities portfolio manager/analyst at Oppenheimer Investment Advisers. Previously, he was an Associate with JP Morgan where he was trading foreign exchange derivative products.

Jean-Luc grew up in the south of France where he earned a degree in political sciences from l'Institut d'Etudes Politiques d'Aix-en-Provence, a BA degree in economics from l'Université des Sciences Economiques d'Aix-Marseille III. Before receiving an MBA in finance from l'Institut d'Administration des Entreprises d'Aix-en-Provence, he served a 12-month tour in the Fusiliers-Commandos de l’Air, the airborne unit of the French Air Force.

Jean-Luc lives today in Agoura Hills, California, with his wife and daughters. When he’s not busy reviewing investments, he enjoys running, bicycling, coaching youth soccer, spending time with friends at Ladyface Ale Companie, his wife’s craft brewery, or traveling abroad with his family.

Jean-Luc’s professional experience and personal background gives him a valuable perspective in helping clients that have distinctive investment needs, particularly business owners and expatriates.
Josh Graybill, CFA

Josh Graybill, CFA

Analyst
Josh started his career in investment management in 2000. Before joining Bristlecone in 2004, he worked as an Investment Counselor for Fisher Investments in Woodside, CA. Josh attended the University of California at Berkeley, where he earned a Bachelor of Arts degree in History.