Jacob Westphal

Jacob Westphal is an Associate Portfolio Manager for the Heartland Value and Value Plus Funds and its corresponding Small Cap Value and Small Cap Value Plus Strategies.

He joined the Heartland Investment Team full-time in 2020 as a Research Anaylst prior to his promotion to Associate Portfolio Manager in 2025.

Previously, Westphal was an Equity Research Associate at UBS Investment Bank where he participated in all aspects of the equity research process covering the Leisure, Gaming, and Lodging space. Prior to his role at UBS Investment Bank, he also gained equity research experience as a Research Associate at Evalueserve and an Equity Analyst Intern at Netols Asset Management.

He earned a bachelor's in Finance from the University of Wisconsin-Milwaukee in 2016 and completed the school's Investment Management Certificate program.

Investment Experience

Heartland Advisors, 2020-present
UBS Investment Bank, 2017-2020
Evalueserve, 2016-2017

Education

B.B.A. in Finance, University of Wisconsin – Milwaukee, 2016

Certification

Passed CFA Level I (2016)

Community Service

Salvation Army Echelon, President
Salvation Army Golf Outing Commitee, Member

Associate Portfolio Manager

9 years of industry experience
5 years at Heartland