David Thomas is founder and CEO of Equitas Capital Advisors LLC, and Equitas Partners LLC. Equitas serves as an outside Chief Investment Officer for family offices, foundations, universities, hospitals and corporations.
Since 1979, David has been active in the investment consulting industry. In 1982 David founded the Louisiana consulting group for UBS PaineWebber. In 1989 he formed the Senior Financial Consulting Group at Prudential Securities, which grew to become one of the largest consulting groups for Prudential worldwide. After 20 years with Wall Street firms, Mr. Thomas formed the independent company, Equitas Capital Advisors, LLC in 2002. Mr. Thomas created the Equitas Evergreen Fund in 2003, a multi strategy fund of funds which has won awards and is tracked in Bloomberg under the symbol EQUEVGR US EQUITY.
David has written numerous articles, which have been published in Pension World, Case and Comment, and Directors and Boards, among others and is under contract as a contributing writer for Forbes Online. In 2011, City Business announced its inaugural class of “Money Maker$” honorees, recognizing David as an investment professional whose work, accomplishments and achievements have not only set the pace for his company, but the region as a whole. Professional associations include IMCA – The Investment Management Consultants Association, where David earned his Certified Investment Management Analyst CIMA designation, and LATEC the Louisiana Trustee Education Council. David received his Bachelors of Business Administration (BBA) from Belmont University in Nashville, Tennessee.
David lectures at Tulane University and served as an adjunct professor of finance for Southern University of New Orleans for five years and as a trustee for the Christian Health Ministries Foundation. He was named an honorary Louisiana State Representative for his work as a founding speaker and sponsor of LAPERS – Louisiana Association of Public Employees’ Retirement Systems.
He and his wife, Lucy, reside in Metairie and have three grown children; Nicholas, Olivia, and Alexander.
Derek L. Fossier, MBA
President, Equitas Capital Advisors
Derek is an Investment Management Consultant with 12 years of experience in the industry. He is a member in good standing of IMCA®, has attained CIMA® designation through the Investment Management Consultants Assoc. (IMCA) at the Wharton School, and adheres to the Code of Ethics.
A native of New Orleans, Derek earned his Bachelor of Science in Economics from Tulane University. While in undergrad, Derek served as President for Alpha Kappa Psi business fraternity. Subsequently, he joined the MBA program at the A.B. Freeman School of Business, where he still serves as advisor to the Algorithmic Trading Club. In pursuit of his degree, he had the opportunity to study international finance in Mexico, Paris and Beijing. He first joined Equitas Capital Advisors in 2008 as an analyst, performing research in a number of areas, including asset allocation studies, performance reporting, and manager searches and screens.
Derek resides in downtown New Orleans.
Trina St. Julien
Director of Operations
Trina St. Julien has served in the financial services industry in a wide variety of positions for over 39 years. A native of New Orleans, she began her career at Merrill Lynch in 1983 and later relocated to Columbia, SC as Assistant Operations Manager. Trina returned to New Orleans in 1998 and joined our group a year later, bringing not only a high level of professional and personal commitment to our clients, but extensive experience in operational and administrative services. Prior to joining the Equitas Capital family again, she worked for Capital One Southcoast, Inc. where she provided administrative/operational/ financial service support to the top institutional equity sales producers and trading staff.
She is a mother of four children and a grandmother of three grandchildren. Trina and her family make their home in New Orleans.
Rachel Kaplan, BA
President, Equitas Partners LLC
Rachel is a native of China and received her B.A. from Seattle Pacific University in 2003, with a double concentration in Finance and Information Systems. Prior to joining the Equitas group, Rachel acquired valuable analytical, teamwork, marketing, and customer service experience through a variety of positions in Beijing and Seattle. She enjoys research, quantitative analysis, and the professional yet friendly working environment at Equitas. Rachel’s responsibilities include verifying the accuracy and fair presentation of clients’ investment portfolio performance. Rachel also creates client-specific asset allocation studies, participates in investment manager searches, assists consultants with portfolio construction, and evaluates existing manager performance. She likes to work together with Equitas consultants, managers, custodians, and software providers to provide excellent client service.
Rachel currently resides in uptown New Orleans with her husband Lev and daughter.
Yu Huang, CFA
Senior Investment Analyst
Yu is a native of China and received her Bachelor of Finance Degree from Zhongshan University in China and Master of Finance degree from the A. B. Freeman School of Business at Tulane University. Prior to joining the Equitas group in 2010, Yu worked as a Portfolio Analyst at Planning Associates of Louisiana, LLC and was with Citigroup as a Compliance Examiner. She won awards in both the national Mathematics competition and Physics competition in China. *Yu holds the Chartered Financial Analyst designation.
She resides in New Orleans with her husband and son.
*Chartered Financial Analyst® is a registered trademark owned by CFA Institute.
Nicholas S. Thomas, BBA
Nicholas earned his Bachelor of Business Administration degree with a major in finance at Southern Methodist University’s Cox School of Business in Texas. Nicholas is a native of New Orleans and a graduate of Metairie Park Country Day School. He received the Robert Montgomery Award for attaining 10 varsity letters during his high school sports career. Nicholas won 2 city and 2 state chess championships and placed 5th in the annual national chess tournament. Nicholas is a licensed private pilot and a licensed real estate agent. Nicholas previously worked at Equitas, as an intern, during the summers of 2013, 2014, and 2016. After college, Nicholas worked for a technology company in Texas.
Nicholas currently resides in Metairie.