Joseph J. Farley is Managing Director of Investment Research.

Prior to joining PCM, Mr. Farley was an Executive Director at Morgan Stanley where he was responsible for equity research of the software industry. Prior to Morgan Stanley, Mr. Farley held similar positions at Donaldson, Lufkin & Jenrette, and UBS Securities.

In his more than ten years as an equity research analyst, Mr. Farley was frequently recognized as a leader in his field, including being voted to Institutional Investor's 2002 Global Research Team, with First Team honors.

Mr. Farley earned both Bachelor and Master of Arts degrees in Economics from the State University of New York at Albany.