About Us

C.M. Bidwell & Associates, Ltd. has been a federally registered investment advisory with the Securities and Exchange Commission since our founding by Dr. Bidwell in 1979.  While a finance professor at the University of Hawaii, Dr. Bidwell was asked to manage the pension funds of a small local institution.  He is a recognized expert in market anomalies having published several papers in academic journals beginning in the 1970’s. His thesis that positive earnings surprises coupled with a low price-to-earnings ratio formed the model for hedge fund managers and other quantitative investors for decades to come.

Currently, C.M. Bidwell & Associates focuses on individualized financial planning and portfolio management. Our firm has remained academically inclined, maintaining a research oriented and disciplined approach to pursue superior relative performance for client accounts. We remain focused on market anomaly research and continuing to enhance our quantitative model of stock selection. We seek out employees with high academic achievement and a desire to continue learning to make us better at managing money.

We encourage you to read more about our approach!

Clinton M. Bidwell III PhD. Finance, MBA

Chairman & Chief Investment Officer
  • PhD. Finance | University of Southern California
  • MBA | University of California, Berkeley
  • BA, Political Science | University of California, Berkeley

Clinton M. Bidwell III is the founder and Chairman of C. M. Bidwell & Associates, Ltd. He created the firm in 1979 in Honolulu while a Professor of Finance at the University of Hawaii. Dr. Bidwell has served as Professor of Finance at several universities on the U.S. Mainland including the University of California, Berkeley and the University of North Carolina at Chapel Hill. He has published numerous articles in the field of investments.

Prior to receiving his doctorate at the University of Southern California, Dr. Bidwell was Director of Research for a NYSE firm, opened the Bear Stearns office in Century City, Los Angeles, California, and worked as an investment advisor with Dominick & Dominick in Los Angeles.

Niall Kilcommons CFA®, CMA

President & Chief Compliance Officer
  • Chartered Financial Analyst ®
  • Certified Management Accountant
  • Bachelor of Management | University of Lethbridge, Alberta, Canada

Niall Kilcommons is President and a Portfolio Manager at C. M. Bidwell & Associates, Ltd. He joined the firm in 1999 and has since been key in the firm’s back-office management, compliance, research and portfolio management. Prior to joining the firm, Mr. Kilcommons was an accountant with the corporate financial reporting group at Fracmaster, Ltd., an international oil and gas services company in Calgary, Canada. Mr. Kilcommons is a CFA® charterholder and is a CMA Professional as awarded by the Society of Management Accountants of Canada.

Debra Chun CFP®, MBA

Senior Vice President
  • MBA | Columbia University
  • BS, Finance | University of Hawaii, Manoa

Debra Chun is Senior Vice President and a Portfolio Manager at C. M. Bidwell & Associates, Ltd. She joined C. M. Bidwell & Associates in 1999 and has since been an integral part of the firm’s portfolio management, research and marketing efforts. Prior to joining C. M. Bidwell & Associates, Ms. Chun was Vice President of Finance at Pacific Marine & Supply Co., Ltd. and Manager of Corporate Planning at Alexander & Baldwin. Debra Chun is a CFP® professional.

Brett Bidwell CFA®, CFP®

Vice President
  • Chartered Financial Analyst ®
  • Master of Economics | University of Texas, Austin
  • BS, Economics | University of Nevada, Las Vegas

Brett Bidwell is located in Austin, Texas.

Brett Bidwell is Vice President and a Financial Advisor at C. M. Bidwell & Associates. Prior to re-joining the firm in 2012, he served as a financial advisor for UBS Financial Services. Mr. Bidwell received a Master’s degree in economics from the University of Texas at Austin and graduated Magna Cum Laude from the University of Nevada, Las Vegas with a major in economics. He has passed all written examinations required for his PhD in economics from UT, as well as completed the field requirements in Econometrics, Industrial Organization, and Labor Theory. Brett Bidwell is a CFP® professional and is a CFA® charterholder.

Max Chun-Van Osdol CFP®

Financial Advisor


BS, Economics | University of Puget Sound, Tacoma

Max Chun-Van Osdol is a Financial Advisor at C.M. Bidwell & Associates. Mr. Chun-Van Osdol is involved with the firm's portfolio management, ongoing research of the quantitative model, back-office, and servicing of client accounts. Before joining the firm in 2013, Max was a customer service representative with First Hawaiian Bank. Max Chun-Van Osdol is a CFP® professional.