Butterfield_T 5193
Todd Butterfield
President | CIO

Mr. Butterfield began his professional career in 1984, as a Professional Stock, Option, and Commodity Trader with Rialcor Shatkin, Chicago, Illinois. In 1990, he registered as a Commodity Trading Advisor with a very successful 4 year track record. In 1991, he became a Financial Consultant for Smith Barney, Quincy, Illinois. At the beginning of 1997, Mr. Butterfield founded Butterfield Capital Advisors/Butterfield Futures. As a Registered Investment Advisor, he could offer fee-based investment advice to his clients, and as an IB he could offer futures brokerage services. In 2011, he formed The BlackBay Group, which encompasses BlackBay Capital Advisors (RIA) and BlackBay Futures Group LLC (GIB). BlackBay Fund Management LLC, was formed in 2013 to launch the BlackBay Blended Strategy Fund LP, a hedge fund for accredited investors.

At various times throughout his career he has received national recognition for real-money competitions. The competition rules were real money accounts, entry fee, provide account statements for 3rd party verification. They are as follows:

“12th in the Nation”, 31.9% (Feb 1-June 1), 85 Entrants, Futures Division, U.S. Investment Championship, 1984.
“9th in the Nation”, $50,000+ Stock Division, U.S. Investment Championship, 1992.
“17th in the Nation”, Mutual Fund Switching Division, U.S. Investment Championship, 1992.
“4th in the Nation”, 28.1%, Low Risk Division, Money Manager Verified Ratings, 1993.
“2nd in the Nation”, Money Manager Verified Ratings, 1st quarter, 1994.
“2nd in the Nation”, MoniResearch, 12 months ending 6/30/00
“2nd in the Nation”, MoniResearch, 2000

“79.8% average annual return:, Commodity Trading Advisor 1987-1990

*Past performance is not indicative of future performance*


1978 – 1982 Western Illinois University, Macomb, IL., BA of Business, Major: Finance

1982 Stock Market Institute Inc., Phoenix, AZ..

In the local community, he is a member of the Lions Club and a Mason

Karrie Butterfield
VP Client Development

Mrs. Butterfield has been with BlackBay/Butterfield Capital Advisors since its inception in 1996. From 1993-1996, she was Mr. Butterfield’s sales associate at Smith Barney, and previous to that was a Sales Assistant at Searle Pharmaceutical, Skokie IL.. Mrs. Butterfield graduated Magnum Cum Laude from Columbia College, Chicago, Illinois, with a degree in Marketing and Business. She is a lifetime member of the local organization ENCORE, which supports music education; as well as, a community Volunteer for State Governed TeenReach Program; supporting young adults and Secretary of the Board for Friends of the Castle; supporting Historical LandMarks of the United States.

Matthew Beasley

Mr.Beasley began his technical studies by attending Ranken Technical University in 2001. While attending Ranken Technical University Matthew focused his studies in the areas of computer science and networking. After leaving Ranken Technical University Matthew started his own company Cold Stone Media LLC. which handled advertising and online marketing operations for various companies and businesses in the United States. In late 2015 Matthew joined Blackbay Fund Management as Chief Marketing Officer & is currently in charge of all technical aspects of day to day operations of Blackbay Fund Management.

Tom Henderson
Senior Advisor

Mr. Henderson began trading commodities privately in 1980, before joining Iowa Grain as an Associated Person in 1985. In 1990 he went into private practice and also formed a title insurance company, Pike County Title. In his private practice he has specialized in Real Estate/Corporate Law.


1969 – 1973 Western Illinois University, Macomb, IL., Agriculture Degree

1974 – 1976 Washburn University, Topeka Kansas, JD

Jean Howell
Client Service

Mrs. Howell has been with The BlackBay Group since inception.

Ashley Puryear
Publicist/Social Media Coordinator

Ashley is currently attending Harris-Stowe University in St. Louis, MO., and majoring in Business Marketing.