Leading by Example
Brian Gelber became one of the industry’s most prominent leaders while working on the floor of the Chicago Board of Trade. He managed elite institutional accounts, including Salomon Brothers and Citigroup, while evolving a series of unique and profitable trading styles. His intellectual approach and shrewd market instincts as a broker and trader propelled Gelber Group’s success as a proprietary trading shop. He has maintained the firm’s longevity by sharing his passion and dedication with senior and novice traders alike. He currently serves on the board of directors of LGS, AmazingMail, Lifetract, and the Gelber Foundation. Brian graduated from Hamilton College class of 1976 with an honors BA in economics.
President Emeritus, Gelber Group, LLC
Before joining his brother Brian as a broker at Thomson McKinnon, Frank served as a lieutenant in the United States Navy. With his background in accounting, Frank was instrumental in establishing Gelber Group in 1982. Today, he serves as President Emeritus of Gelber Group. Raised in Scotia, New York, Frank holds a BS from Cornell University and an MBA with a focus in accounting and finance from the Kellogg School of Management at Northwestern University.
Managing Director: Trading
As head of trading for Gelber Group, Justin Foley oversees all of Gelber’s trading activity.
Justin joined Gelber in 2004 to launch the firm’s Forex Trading (FX) trading business. Under his leadership, Gelber became one of the top FX trading firms in the world. Prior to Gelber, Justin held trading and management positions at Bank of America, Bank One, and Chicago Research & Trading (CRT).
He is the past board chairman of the Daniel Murphy Scholarship Fund and continues to serve on the organization’s executive committee. He received a Bachelor of Arts in Pre-Professional Studies and Psychology from the University of Notre Dame.
Managing Director: Algorithmic Trading
Carl Mahler leads algorithmic trading at Gelber Group, a division he founded in 2010. In this role, he directs traders, researchers and software engineers, overseeing all aspects of the lifecycle of automated trading strategies — from idea conception to research to implementation, deployment and operations. Today, Gelber’s diverse algorithmic trading portfolio ranges in execution from medium to high frequency and operates in all major futures and securities markets.
Carl also directs the firm-wide prioritization of technical initiatives, and oversees the design and implementation of Gelber’s proprietary platforms for backtesting, algorithmic trading and risk management.
Carl joined Gelber in 2004 after receiving his Bachelor of Science in electrical engineering and computer science from the Massachusetts Institute of Technology (MIT). In addition to his work at Gelber, he serves on the business conduct committee for the CME Group.
Chief Financial Officer
Phyllis Faul oversees financial operations for Gelber Group and its various foundations, trusts and investment companies.
Phyllis has vast industry experience including capital, regulatory, and compliance applications and efficiencies. Phyllis received her Bachelor of Science in finance from the University of Illinois at Chicago and her MBA, with a focus on accounting, from Loyola University Chicago.
Chief Operating Officer
Pat Coffey oversees Gelber Group’s entire operations department, which includes Trade Support, Human Resources, Clearing and Settlements.
Pat joined Gelber in 2010 to lead the Forex Trading (FX) technology team. Before that, he worked in the technology divisions of large consulting companies, trading software firms and proprietary trading businesses, including Andersen Consulting, Spot Trading, and Nico Trading.
Pat received a Bachelor of Arts in Latin American Studies from Brown University, graduating with honors. He also received an MBA with honors from the University of Chicago Booth School of Business, with a dual major in finance and accounting.