Meet Your Team

The associates at Stifel | The Elkhart Group

William_Marohn_Financial_Advisor_Elkhart_IndianaWilliam Marohn, Senior Vice President/Investments, has more than 55 years of experience in the investment industry. Bill started serving clients in 1962 after graduation from Ball State University and four years of service in the United States Air Force.  He focuses on individual equity and bond portfolios and market research.




Elizabeth_Naquin_Borger_Financial_Advisor_Elkhart_IndianaElizabeth Naquin Borger, MBA, Senior Vice President/Investments, is a graduate of The University of Notre Dame and obtained her masters degree from The Kellogg School of Management at Northwestern University.  She has worked in Elkhart in the securities industry since 1993. With more than 25 years of experience, her focus is on comprehensive investment plans with a focus on retirement income, estate planning strategies, charitable giving, and the generational transfer of wealth.

Liz has been a guest lecturer for over 35 years at the University of Notre Dame in Business classes. She has also lectured and participated in case studies at Harvard Business School, University of Illinois, and University of Michigan. 



Brian Z. Borger, CIMA®, Senior Vice President/Investments, Branch Manager, is a graduate of The University of Notre Dame where he earned a bachelor's degree in Finance.  After studying in London and an internship with the Treasury at Anglo Irish Bank in Limerick, Ireland, he entered the securities industry in 2000, choosing to partner with the team in the Elkhart office. His approach to investing builds on his Certified Investment Management AnalystSM (CIMA®) designation training and is disciplined and well-studied. He focuses on long-term investing with careful use of annuities and a keen eye for risk management strategies.


Michael J. Witous, Senior Vice President/Investments, is a graduate of the University of Notre Dame, and brings over 30 years of experience in the investment industry.  Starting his career as a financial consultant, he built on that experience while serving as a branch manager and ultimately as a managing director.  Mike employs a client service-oriented philosophy, coupled with blended strategic and tactical management, which allows him to actively optimize risk-adjusted performance.




Eli Glazer, Vice President/Investments, has more than 50 years of experience in the investment industry. While at Indiana University, Eli was captain of the men's tennis team and claimed two Big Ten Singles Chamionships. Before beginning his career, Eli served for 21 months in the United States Army. Eli builds detailed security and bond portfolios to suggest to his clients.




Victor_Russo_Financial_Advisor_Elkhart_IndianaVictor Russo, MBA, Vice President/Investments, is a graduate of St. Edwards University, Austin, Texas, and served in the United States Army at West Point.  Vic later received his graduate degree from Indiana Wesleyan University.  He has worked in the securities industry since 1987.  He is a former teacher, educator, and adjunct-professor of economics at TRI-State University.  Vic handles equities as well as income strategies using preferred securities and dividend-paying stocks, as well as bond portfolios.



Robert Decker, Vice President/Investments, is a graduate of South University and began his investment industry career as a financial consultant at A.G. Edwards. Bob joined Stifel in 2009 and chose to bring his 19 years of experience to The Elkhart Group in the spring of 2019. Taking a comprehensive approach to his clients' wealth management, he offers guidance on individual equity selections, employer-sponsored retirement accounts, and fixed income allocations. Bob utilizes both strategic and tactical money management strategies, and has great conviction in dollar cost averaging as an investment philosophy.


Brandon_Arnold_Financial_Advisor_Elkhart_IndianaBrandon Arnold, Operations Manager, is a graduate of the University of Kentucky. Brandon has worked with The Elkhart Group since 2004, overseeing all correspondence, trade execution, compliance, and staff supervisionAs part of the team, he also focuses on retirement plans, education savings plans, and insurance/annuity operations. 




Faiz_Khoja_Financial_Advisor_Elkhart_IndianaFaiz Khoja, Financial Advisor Associate, joined The Elkhart Group in the summer of 2013 and studied in Purdue University's Financial Counseling and Planning program. He has worked in the investment industry since 2006. Together with the financial advisors in the group, Faiz focuses on portfolio analysis, equity research, laddered bond portfolios, and managed investment strategies. 




Leslie_Navarre_Elkhart_IndianaLeslie Navarre, Financial Advisor Associatehas served clients in several roles from Registered Sales Assistant to Operations Manager since 1995. Currently a Financial Advisor Associate for The Elkhart Group, she leads all estate issues and contributes to portfolio analysis.  Leslie began her college studies at Ball State University and completed her degree in organization management at Bethel College.




Rosanne_Markham_Elkhart_IndianaRosanne Markham, Registered Client Service Associate, has extensive experience in the investment industry which began in 1987 in Southern California. She has held positions such as Operations Manager and Branch Office Administrator. Rosanne joined The Elkhart Group in 2003.  Her years of experience allow her to provide quick responses to client inquiries, marketing, and communication activities for the team.




Madeline E. Bond, Client Service Associateis a graduate of Indiana University. She brings 7 years of experience in the wealth management industry and estate work. Madeline provides marketing and equity research support to the team and is integral in the serving of day-to-day needs.