Lisa Ellis

Senior Managing Director

Lisa Ellis is a Senior Research Analyst at MoffettNathanson, a division of SVB Securities, and leads the Payments, Processors, and IT Services business.

Prior to joining the firm, Lisa was most recently a Managing Director and Senior Research Analyst at Sanford Bernstein & Co., LLC where she was the #1 Institutional Investor ranked Payments, Processors, and IT Services analyst. Prior to Bernstein, she spent thirteen years at McKinsey & Co. where she was a Partner in the firm's Technology & Telecom and Marketing & Sales consulting practices. While at McKinsey, Lisa was the lead partner on dozens of engagements focused in strategic areas including specialty networks, mobile applications, cloud, and outsourcing.

In 2020, Lisa was selected to Barron's list of “100 Most Influential Women in U.S. Finance”.

She earned a B.S. in Physics and Mathematics from the College of William & Mary where she graduated magna cum laude and Phi Beta Kappa. She also holds an M.S. in Materials Science & Engineering and an MBA, both from the University of Virginia.

Sterling Auty, CFA

Senior Managing Director

Sterling Auty, CFA, is a Senior Research Analyst at MoffettNathanson, a division of SVB Securities, covering the Software sector. Sterling joins us from J.P. Morgan with more than 25 years of experience covering software across all segments and sizes of companies. His holistic view of the software industry, combined with rich experience covering the sector, has led to insightful cyclical reports around valuation, impact of interest rates, and changes in demand across the sub-sectors of the industry. In 2021, Sterling was voted #1 in the Small and Mid Cap Software sector of Institutional Investor Magazine’s All-American Research Team.

He earned a B.S. from the University of Tampa, an MBA from the University of Albany, and is a CFA Charterholder.

Eugene Simuni

Managing Director

Eugene Simuni is a Research Analyst at MoffettNathanson, a division of SVB Securities, covering the Fintech and HR Services sectors. Prior to joining the firm, Eugene was a member of the Corporate Strategy Group at JPMorgan Chase where he supported members of the bank's Operating Committee on initiatives related to Payments strategy and other topics. Prior to JPMorgan, he led investment and technology initiatives at Bridgewater Associates. Eugene began his career at McKinsey & Company, where he was a member of the Corporate Finance practice and worked with financial services and technology clients.

He earned a B.A. in Applied Mathematics and Economics from Harvard and an MBA from the Wharton School of Business.

Jackson Ader, CFA

Managing Director

Jackson Ader, CFA, is a Research Analyst at MoffettNathanson, a division of SVB Securities, covering the Software sector. Prior to joining the firm in 2022, Jackson spent 10 years at J.P. Morgan where he was most recently a Senior Analyst and Executive Director in Equity Research covering Application Software. He earned a B.S. in Business from Murray State University, a Masters in Finance from London Business School, and is a CFA Charterholder.

Billy Fitzsimmons, CFA

Senior Associate

Billy Fitzsimmons joined MoffettNathanson in July 2022, covering the Software sector. Prior to joining MoffettNathanson, Billy worked as an Associate on William Blair’s enterprise software team. Previously, Billy worked as an Equity Analyst at Morningstar, also covering the enterprise software space. Billy earned his BA in both Economics and Political Science from Boston College and is a CFA Charterholder.

William Hunt, CFA

Associate

Bill joined MoffettNathanson in March 2022, covering Payments, Processors, and IT Services. Prior to joining MoffettNathanson, Bill was a Research Analyst at multi-family office Veritable, LP. Previously, Bill worked as a Business Valuation Analyst at Duff & Phelps, LLC. Bill earned his BS in Finance from the Pennsylvania State University Smeal College of Business and is a CFA® charterholder.

Ashish Choudhary

Associate

Ashish joined MoffettNathanson in February 2022, covering software and crypto technology. Prior to joining MoffettNathanson, Ashish was an Investment Banking Associate at J.P. Morgan in Chicago. Previously, Ashish has worked as an Analyst at FIS Impact Ventures, an Investment Banking Analyst/Associate at J.P.Morgan and NovaDhruva Capital, a boutique investment bank in India. Ashish earned his MBA from The University of Chicago Booth School of Business.

Kyle Diehl

Associate

Kyle Diehl joined MoffettNathanson in August 2022, Covering Software with Sterling Auty and Jackson Ader. Previously, Kyle worked in strategic finance at Datto, Inc. and served as an Investment Banking Analyst on the Public Sector Infrastructure team at Citigroup. Kyle Graduated with a BS in Financial Analysis and Accounting from the University at Albany.