1601 NW Expressway, 20th Floor
Oklahoma City, OK 73118-1426
Phone: 405.415.7200
Toll-Free: 800.937.2257
Fax: 405.415.7392
Connect with us.
President and Chief Executive Officer
Jeffrey F. Caughron is a Managing Director with The Baker Group, where he serves as President and Chief Executive Officer. Caughron has worked in financial markets and the securities industry since 1985, always with an emphasis on banking, investments, and interest rate risk management. He previously served as the Chief Operations Officer of the firm, and has been Director of Asset/Liability Management since 2008.
Caughron’s trading experience includes several years on the Treasury desk for an international bank on Wall Street, with subsequent positions trading mortgage-backed securities and other taxable fixed income products for regional broker/dealers. He has expertise in broad asset/liability management issues, working with institutional accounts on controlling interest rate risk exposures and maximizing returns. He has published numerous articles on various risk management topics throughout the years, and is frequently quoted in the financial press. Caughron has served on the faculty of several banking schools, and has done consulting work overseas for foreign banks. He earned his degree in economics from the University of Oklahoma.
Managing Director
Rick Hansing is a Managing Director and serves on the Board of Directors. He works with banks in the areas of investments and asset/liability management. He also assists clients in a broad range of other areas, including education, portfolio management, interest rate risk management, strategic planning, liability and loan pricing, and regulatory and accounting issues.
Hansing received his Bachelor of Business Administration Degree from the University of Oklahoma. He is a registered representative and investment advisor with FINRA and a General Securities Principal.
Managing Director
Eric Harland is a Managing Director and serves on the Board of Directors for The Baker Group. As a fixed-income strategist working with community banks since 1995, Harland has gained a vast amount of investment experience. He works with financial institutions in the design and implementation of key investment and asset/liability strategies. Harland offers assistance to clients in a broad range of areas, including evaluation of interest rate risk and duration exposure, exam preparation, liquidity management, ALCO, strategic planning, and board education. Harland specializes in helping community banks develop these strategies while offering assistance in selection of investment instruments that maximize bank earnings and performance while meeting the overall risk management needs of each institution. Harland’s focus is to develop strategies that build long-term shareholder value.
Originally from Oklahoma, Harland relocated his family to Springfield, Ill., in 1998 to open The Baker Group’s regional office. After 10 years in Springfield, he relocated back to our headquarters in Oklahoma.
Harland regularly presents investment seminars across the country, most recently to the Community Bankers Association of Illinois, Western Illinois Association of Bank Management, as well as multiple CEO forums and bank groups. Harland has also served on the faculty of the Midwest School for Community Bankers, teaching investment and asset/liability management.
He is a registered representative and general securities principal with the Financial Industries Regulatory Authority (FINRA).
Managing Director
Ryan W. Hayhurst joined The Baker Group in 1991 and is a Managing Director and member of the Board of Directors. Hayhurst serves as Manager of the Financial Strategies Group and oversees the design and implementation of investment and asset/liability strategies for financial institutions. He is also integrally involved in the continued development of the firm’s proprietary software designed to assist clients in the management of their investment portfolios and their overall interest rate risk profiles. Hayhurst regularly develops and presents educational seminars nationwide, with a focus on investment and interest rate risk management. He is a frequent speaker at financial institution conventions and investment conferences, and has served as a faculty member of several national and regional banking schools. Hayhurst holds a Bachelor of Business Administration degree from the University of Oklahoma.
Managing Director
Ronald Hill is a Managing Director with The Baker Group and serves on the Board of Directors. He works exclusively with community financial institutions throughout the country in the design and implementation of investment and asset/liability strategies. He also assists clients in a broad range of other areas, including education, portfolio management evaluation, interest rate risk management, strategic planning, and regulatory issues.
Before joining The Baker Group, Hill worked as a manager for a Fortune 500 financial company that provided real-time financial/industry news and analysis to investment banks and corporations.
Hill earned a Bachelor of Business Administration degree in finance from the University of Oklahoma. He is registered as a general securities representative and general securities principal with FINRA.
Managing Director
Carl Huxley is a Managing Director and serves on the Board of Directors for the Baker Group LP. As a registered representative, he assists financial institutions across the country in asset and liability management, portfolio management, and interest rate risk management. Originally from Fairborn, Ohio, Huxley served for 16 years as an officer in the United States Air Force, where he managed multimillion dollar acquisition projects for the Secretary of Defense. Through his extensive knowledge of consumer markets, he provides sound advice to clients in meeting their unique requirements.
Huxley has a Bachelor of Science degree in business administration from Louisiana Tech University. He received his MBA from the University of Maryland, is licensed and registered with the NASD, and currently holds Series 7, Series 24, and Series 63 securities licenses.
Managing Director
Mike Mackey is a Managing Director and serves on the Board of Directors. He works primarily with banks in areas of investments and asset/liability management. He also assists clients in a broad range of other areas, including education, portfolio management evaluation, interest rate risk, strategic planning, and regulatory issues.
Mackey focuses on identifying the specific objectives of clients and tailoring investment portfolios to achieve their goals. In that process, he evaluates the relative values of a broad range of investment products and helps clients select those that complement their investment portfolios.
Mackey received his Bachelor’s Degree in Oral Communications from the University of Central Oklahoma. He is registered as an investment advisor, principal, and representative with FINRA. Mackey is the Manager of the Austin, Texas, office.
Managing Director
Terry McElwee is a Managing Director and serves on the Board of Directors for The Baker Group. He works exclusively with community banks in the design and implementation of investment and asset/liability strategies. He also assists clients in a broad range of other areas, including education, portfolio management evaluation, interest rate risk, strategic planning, and regulatory issues.
McElwee focuses on identifying the objectives of clients, then tailoring a long-term strategic investment/asset liability plan. In that process, he evaluates the relative value of a broad range of investment products and helps clients select those that complement their investment portfolios and overall balance sheet.
McElwee has presented investment and asset/liability seminars to many banking organizations, including Community Bankers Association of Illinois.
McElwee earned a Bachelor of Arts degree in Political Science from the University of Illinois at Springfield. He is registered as a general securities representative and general securities principal with FINRA and is the Manager of the Springfield, Ill., office.
Managing Director
Phil Stenseth is a Managing Director of The Baker Group, where he is responsible for directing the firm’s fixed income trading operation. He is instrumental in the firm’s development of bank investment portfolio and interest rate risk management strategies, researching new investment products, and monitoring bank regulatory and compliance issues. Stenseth has revised and continues to enhance the firm’s proprietary software programs designed to assist clients in the management of their investment portfolios and the overall interest rate risk of the financial institutions. He regularly conducts educational seminars for banking groups and associations nationwide. He has addressed various bank trade associations, serves as a faculty member of several national and regional banking schools, and has been frequently published in many banking journals and periodicals.
Stenseth holds a Bachelor of Science degree in finance from the University of Arizona and is a Chartered Financial Analyst®. He is a member of the Association for Investment Management and Research and the Financial Analysts Society. Stenseth is registered as a general securities principal with the Financial Industry Regulatory Authority.
Managing Director
Daniel R. Tonseth is a Managing Director of The Baker Group and serves on the Board of Directors. Having been in the banking industry since 1986, Tonseth has a broad range of experience as a fixed income strategist for financial institutions. He works with institutional accounts throughout the United States in the design and implementation of investment and asset/liability strategies. In that process, he evaluates interest rate risk exposure and duration analysis to recommend specific investment instruments that maximize the earnings needs of the institution.
Tonseth has conducted numerous educational seminars to banking associations and money managers nationwide, most recently to the Community Bankers Association of Indiana and the Picasso Group of Denver.
Tonseth earned a Bachelor of Science degree in Business from Miami University, where he majored in Finance. He is a registered investment advisor, a registered representative with FINRA, and general securities principal.
