C. Thomas Clapp, CFA, Executive Director and CIO, joined Sterling Capital Management in 2006 and is currently responsible for Sterling's Private Client Group. Tom joined Sterling from Wachovia Bank where he served for six years as Executive Managing Director and Chief Investment Officer for the bank's Private Asset Management Group. Prior to Wachovia, Tom was responsible for the Private Portfolio Group at Merrill Lynch Asset Management in Princeton, NJ. He also held the position of Chief Investment Officer for Equity Management at Banc of America Capital Management. Tom is a graduate of the University of North Carolina-Chapel Hill where he received his BA in Economics. He received his MBA from the University of South Carolina and is a CFA charterholder.