Team

President & Chief Investment Officer

Bernard F. McGinn, CFA

Bernie founded McGinn Investment Management, Inc. in 1991. The firm’s name was changed to McGinn Penninger Investment Management, Inc. in 2023 to reflect the multigenerational composition of the team. He has been in the investment management business since 1982, first with Merrill Lynch and later Kidder Peabody. 

Bernie has served on the adjunct faculty at the McDonough School of Business at Georgetown University where he taught graduate level courses on financial theory and applied portfolio management.  In addition to Georgetown, Bernie served as a visiting Professor of Finance at the Smith School of Business at the University of Maryland where he taught graduate level portfolio construction theory.

At the suggestion of the former Governor of Virginia and current U.S. Senator, Mark Warner, Bernie served as a board member for the Virginia Foundation for Community College Education. The board recruited Mr. McGinn for his skills and expertise in portfolio management with foundations and charitable organizations. He also served on the finance committee for the National American Diabetes Association and locally on the board of The Campagna Center and The Running Brook Fund in Alexandria.

Bernie has also been a contributor to CNBC, Fox Business News, Barron’s and The Wall Street Journal.

Education

Wharton School of Business
MBA, 1997

University of Maryland
B.B.A, Political Science

Activities & Affiliations

• CFA Society of Washington DC
• Active Member of the St. Mary’s community in Alexandria, VA
• Member of the Old Dominion Boat Club

Portfolio Manager

McCoy Penninger, CFA

McCoy started with McGinn Penninger Investment Management in 2010 as a summer analyst. His career in the investment management business started in 2007 with Morgan Stanley.

McCoy is a member of the Washington Area CFA Society and the Washington Association of Money Managers.  He has been a guest lecturer and presenter at George Washington University’s School of Business as well as Georgetown University’s McDonough School of Business.

McCoy is a Portfolio Manager for the Union Street Partners Value Fund which was launched in December 2010.

Education

George Washington University School of Business
MBA, 2011

Sewanee, The University of the South
B.A., Economics, 2006

Activities & Affiliations

• CFA Society of Washington
• Washington Association of Money Managers

Director of Operations & Compliance

Alicia H. Magnier

Mrs. Magnier brings over 20 years of experience in the financial services industry to McGinn Penninger Investment Management.  Her career began as a portfolio assistant with Carret Asset Management in New York City where she assisted the CEO and the company’s board of directors.  She also maintained the Series 7 and 63 licenses while working at Carret supporting the trading desk.

Alicia joined McGinn Penninger Investment Management in 2002.  In her current role she handles operations and compliance functions for McGinn Penninger Investment Management, Inc.  She resides with her husband in Alexandria.