Stan Learman, CFA, Principal, Portfolio Manager

As a Principal of Arbor Capital Management, Stan Learman directs operations on behalf of the Michigan office. In addition, he serves as Portfolio Manager and investment strategist, and maintains client relationships for the Ann Arbor, Michigan and Anchorage, Alaska offices. Mr. Learman received his B.S. in Mechanical Engineering from the University of Michigan.

Stan Learman is a Chartered Financial Analyst charterholder, and was awarded the use of the CFA designation by the CFA Institute. The Chartered Financial Analyst designation is awarded only after successful completion of rigorous testing requirements set by the Institute, and is maintained by continual adherence to the CFA Institute’s Code of Ethics and Standards of Professional Conduct. Mr. Learman is also a member of the Detroit Society of Investment Analysts.

Together with Robert Sheldon, Stan Learman founded Arbor Capital Management in 1996. Prior to founding Arbor Capital Management he was an engineer in the petroleum industry for Atlantic Richfield Corp. and in the automotive industry for Saturn Corporation.

Robert Sheldon, a Portfolio Manager and Principal at Arbor Capital Management, directs operations and maintains client relationships on behalf of the Anchorage, Alaska office. Mr. Sheldon received his B.S. in Finance, and a minor in Economics, from Colorado State University.

Mr. Sheldon is a State of Alaska appointed member of the Taiwan-Alaskan Trade & Investment Cooperation Council exploring, arranging and facilitating bilateral trade between Alaska and Taiwan. Additionally, he is a member of Omicron Delta Epsilon, an international economics society.

Together with Stan Learman, Mr. Sheldon founded Arbor Capital Management in 1996. Prior to this Mr. Sheldon was an Officer at First National Bank of Anchorage’s Trust Department where he oversaw private client relationships, the Bank’s employee Profit Sharing Plan, and assisted with management of the Common Investment Fund. He also administered several of the Trust Department’s units and was a Partner in the Bank’s Investment Unit.

Robert Tonkin, Senior Vice President

As Senior Vice President for Arbor Capital Management, Robert Tonkin directs operations and oversees client relationships and portfolios on behalf of the Juneau, Alaska office.

Robert brings to Arbor Capital Management over 19 years experience in the investment brokerage industry. Prior to joining Arbor Capital Management, he was a Second Vice president with Smith Barney and most recently served as Merrill Lynch's Branch Manager in Juneau, Alaska. In 1992 he was elected as a member of the John Nuveen & Co. Advisory Council.

In addition to passing the Uniform Combined State Law Exam, Mr. Tonkin has completed several security industry licensing tests, including the General Securities Exam, General Securities Sales Supervisors exam, National Commodity Futures exam and Life Insurance Agent exam.

Matt Kolesky, Branch Manager

Matthew Kolesky joined Arbor Capital Management in 2004 and is a Branch Manager working from the Anchorage, Alaska office. Mr. Kolesky manages portfolios and maintains client relationships in the Anchorage, Mat-Su and Kenai Peninsula areas.

Prior to joining Arbor, Mr. Kolesky worked at the Anchorage office of Charles Schwab & Co.  At Schwab, he worked with clients providing customized portfolio construction and ongoing consultative management. He earned a B.A. in Economics from St. Cloud State University. Additionally, he has passed the General Securities Exam and is Series 7 and 66 licensed.

A lifelong Alaskan, Mr. Kolesky is actively involved in the Anchorage community. He currently serves on the CampFire Alaska Council Board of Directors and is engaged as a consultant with Junior Achievement, teaching economics to middle school students.