Cfa® Cfp®
Chief Investment Officer at Salem Investment Counselors Inc.
About
Joseph K. McCaffrey is the Chief Investment Officer at Salem Investment Counselors, based in Durham, North Carolina. In this capacity, he oversees the firm’s overall investment strategy, portfolio management, and research process, playing a leading role in asset allocation decisions for private clients and institutional investors.
He brings significant expertise in equity and fixed income markets, with a strong focus on U.S. and global equities, as well as multi-asset portfolio construction. McCaffrey regularly shares insights on macroeconomic trends, market strategy, and risk management, and he is recognized as an active member of both the CFA Institute and the CFA Society of North Carolina.
Before joining Salem Investment Counselors in 2015, he served as Managing Director at The Advisory Board Company for nearly a decade. McCaffrey holds an MBA from Duke University's Fuqua School of Business and a B.A. in History from Harvard University, and is celebrated for his analytical rigor and leadership within the investment community.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Salem Investment Counselors | Chief Investment Officer | May 2015 to Present | — |
| The Advisory Board Company | Managing Director | Jun 2005 to Apr 2015 | — |
Education
Duke Fuqua School of Business
Master of Business Administration (MBA)
2008 — 2010
Harvard University
Bachelor of Arts (B.A.), History
1998 — 2002
Others at Salem Investment Counselors Inc. (3)
| Name | Role | Location |
|---|---|---|
 | Chief Investment Officer | Chapel Hill, NC , United States |
 | Portfolio Analyst | Raleigh, NC , United States |
 | Analyst | Winston-Salem, NC , United States |
Similar Fund Managers
| Name | Role | Fund | Location |
|---|---|---|---|
 | Head Equity Trader | Smith, Salley & Associates | United States |
 | Portfolio Manager, Equity Analyst | Smith, Salley & Associates | United States |
