Stephen D. Swift, ChFC SSwift@bluewatercm.com
Chief Marketing Officer

Steve is a founding member of Blue Water Capital Management (“BWCM”) and is responsible for the delivery of service to BWCM’s Advisors and the firm’s marketing efforts. Steve has 20 years of experience in the financial services industry with a focus on financial planning and investment management for individuals and businesses.

Previous to forming BWCM, Steve spent seven years at Portfolio Consulting Group (“PCG”), a third-party investment advisor, where he most recently served as Executive Vice President of Advisor Support and Service. While at PCG, Steve worked extensively with other Advisors in the areas of business development and practice management and also served on the firm’s Investment Committee.

Steve received his BS in Education from the State University of New York College at Buffalo in 1979 and his Chartered Financial Consultant designation from the American College in 2001.



John S. Lombardo, CFA JLombardo@bluewatercm.com
Chief Investment Officer

John is a founding member of BWCM and, as the firm’s Investment Officer, is responsible for overseeing economic and capital market research, investment manager due diligence, and asset allocation modeling.

Prior to the formation of BWCM, John was Director of Research at Portfolio Consulting Group from September 2004 through February 2007 and served on the firm’s Investment Committee. Prior to his experience with Portfolio Consulting Group, John was a Senior Analyst at Larry Thompson and Associates, an investment consulting firm located in Dallas, Texas.

John holds a BS in Economics from the Wharton School of the University of Pennsylvania. John earned his Chartered Financial Analyst designation in 2004 and is a member of the CFA Society of Rochester.

John A. Paganelli JPaganelli@bluewatercm.com
Chief Operating and Financial Officer

John is a founding member of BWCM and is responsible for overseeing the operations and business administration functions of the firm. In this role, John ensures that BWCM’s services are delivered efficiently and effectively. John also manages the portfolio trading and finance/accounting functions for the firm. Prior to the formation of BWCM, from October 2003 to February 2007, John served as Vice President of Operations and Finance at Portfolio Consulting Group and was in charge of all operational, finance and business administration functions and also served on the firm’s Investment Committee.

Prior to his experience at PCG, John spent seven years in Denver, Colorado at Berger Financial Group, investment advisor to the Berger Funds mutual fund complex, where he served as a Vice President and Treasurer responsible for the fund accounting operations and financial reporting for Berger’s 20 mutual funds and 75 institutional accounts.

John holds a BS in Finance from the Rochester Institute of Technology.




R. Bruce Bachman, CLU, ChFC BBachman@bluewatercm.com
Chief Compliance Officer

Bruce is a founding member of Blue Water Capital Management and serves as Compliance Officer as well as working on business development initiatives for the firm. Bruce has been in the financial services business in Central New York for over 40 years, including as a General Agent for Penn Mutual and most recently Berkshire Life Insurance Company.

Prior to the formation of BWCM, Bruce was a Compliance Officer and also worked on business development with targeted broker/dealers for Portfolio Consulting Group. In addition, Bruce served on the firm’s Investment Committee.

Bruce holds a BS in Economics from Colgate University and also served as a Captain in the United States Air Force. He holds the Chartered Life Underwriter and Chartered Financial Consultant designations from The American College.