Industry Leadership Forum 12 June, 2012 The Yale Club of New York City. Forum Participants

Transcription

1 The Yale Club of New York City Forum Participants 1

2 Charlotte B. Beyer Charlotte B. Beyer is the Founder & CEO of the Institute for Private Investors, or IPI, a private membership organization that performs no consulting or sales of any products or services to investors. When Ms. Beyer founded IPI in 1991, the goal was, and remains, to create a more informed consumer of financial services. A trusted non-commercial educator, IPI also created the first private wealth management program in the country in collaboration with The Wharton School of the University of Pennsylvania. IPI offers independent investor education and an online community to the 1,200 investor members from 17 countries and 40 U.S. states, with one third of those families overseeing assets of US$200 million or more. In 2004 Ms. Beyer and a private investor co-founded the Investor Education Collaborative to provide experiential education for those seeking to make better selections of managers and advisors. Prior to founding IPI, Ms. Beyer spent 20 years in financial services. A graduate of Hunter College, Ms. Beyer also attended the University of Pennsylvania and the Stern Graduate School of Business Administration. She currently serves as Vice Chair of the Board of Trustees of the Museum of American Finance, a Smithsonian affiliate. 2

3 Brian Binkley, CFA Brian Binkley is a Vice President and Client Portfolio Manager at GE Asset Management (GEAM). As a member of the Investment Solutions Team, Brian is responsible for communicating with clients regarding GEAM s asset allocation strategies. Brian has over 15 years of investment experience and prior to his current role he was the client portfolio manager for GEAM s International Equity strategies. His experience also includes roles at Citigroup Global Asset Management. Brian earned a B.S. in Economics from Siena College and an M.B.A. from the University of Connecticut. Brian holds the Chartered Financial Analyst designation and also holds the FINRA Series 7 and 63 securities licenses with GE Investment Distributors, Inc. 3

4 John F. Brown John is a Managing Director and serves as Head of Sales, Marketing and Product Development at Hartford Investment Management. Before joining the firm in 2006, John headed the institutional client service and business development efforts in North America (U.S. and Canada) for Fortis Investments. Prior to his tenure at Fortis, John directed institutional sales at PanAgora Asset Management. Earlier in his career, John was a regional director of institutional sales for Fidelity Management Trust Company and also a regional pension director for Aetna Capital Management. John earned his BA at Wesleyan University and holds the Series 3, 7, 24 and 65 FINRA registrations (held through Hartford Equity Sales Company, Inc.). 4

5 Charles D. Ellis, CFA Charles D. Ellis, CFA, is chairman of the Whitehead Institute for Biomedical Research. He also serves as managing partner of a pro bono organization, Partners of 63. Previously, Dr. Ellis was managing partner of Greenwich Associates for 29 years. He served two terms as chairman of the board of governors of AIMR, a predecessor of CFA Institute, and has been honored by CFA Institute for lifetime contributions to the investment profession. Dr. Ellis has been associate editor of the Journal of Portfolio Management and the Financial Analysts Journal. He is the author over 100 articles and seventeen books, including Capital, Winning the Loser s Game, The Partnership: The Making of Goldman Sachs, and the forthcoming book What It Takes to Build a Great Professional Firm. A graduate of Yale, Dr. Ellis holds an MBA with distinction from Harvard Business School and a PhD from New York University. He served Yale as Trustee and Chair of it its investment committee and now serves KAUST and Robert Wood Johnson Foundation as trustee. 5

6 William F. Jarvis William F. Jarvis, Managing Director, Commonfund Institute, is responsible for the Institute s research, written analysis and client publications. A financial services executive and attorney, Bill has worked with J.P. Morgan, where he spent 13 years as an investment banker in New York and Tokyo; Greenwich Associates, where he advised leading investment management firms and led the fielding of the first Commonfund Benchmarks Study; and Davis Polk & Wardwell, where he provided legal advice to global banks and securities firms. Prior to joining Commonfund in 2006, Bill served as Chief Operating Officer of a privately-held hedge fund manager based in New York City. Bill holds a B.A. in English Literature from Yale University, a J.D. from the Northwestern University School of Law, and an M.B.A. from the J.L. Kellogg Graduate School of Management. 6

7 Maureen Mitchell Maureen Mitchell joined GE Asset Management (GEAM) in 2009 as President, Institutional Sales and Marketing and in 2011 became President, Global Sales and Marketing, overseeing all of GEAM s sales and distribution efforts. She is a highly experienced sales leader who has over 25 years of investment management industry experience, 20 of which are in sales. Prior to joining GEAM, Maureen was the Managing Director Global Head of Institutional Sales, Client Service and Consultant Relations at Highland Capital Management. Her experience also includes 10 years at Bear Stearns Asset Management (BSAM), where she was a Senior Managing Director and successfully led that firm s global institutional distribution efforts. Prior to BSAM, Maureen was with Scudder Kemper as Vice President, Consultant Relations. She also spent seven years with U.S. Trust Company where she was Vice President, Endowments and Foundations. Maureen holds an undergraduate degree from City College of New York and a graduate degree from Fordham University. She is a member of the GEAM Board of Directors, the board of GE Asset Management Funds II plc, the board of GE Investment Distributors, Inc., and a Director of GE Asset Management Limited, a London-based GEAM subsidiary. She has also served on a number of not-for-profit boards, and is a former chair of the Investment Committee of Lebanese American University. Maureen currently holds FINRA Series 7, 24, and 63 securities licenses with GE Investment Distributors, Inc. 7

8 Ranji Nagaswami, CFA Ms. Ranji Nagaswami, CFA is Chief Investment Advisor to Mayor Michael Bloomberg, New York City. She directs the investment policy and governance efforts within the Mayor s Office of Pensions and Investments for the $120 Billion+ NYC retirement systems. Until 2009, she served as Chief Investment Officer of Blend Equity and Multi-Asset strategies at AllianceBernstein L.P., having previously served as CIO of the firm s mutual fund division and senior portfolio manager within Bernstein s Value Equities and Fixed Income teams. From 1986 to 1999, she was at UBS Asset Management. Ms. Nagaswami is a member of the Yale University Investments Committee, the Yale School of Management advisory board, the CFA Institute Asset Manager Code of Conduct Advisory Panel and a Henry Crown Fellow at The Aspen Institute. She earned a Bachelor of Commerce from Bombay University and an MBA from the Yale School of Management. 8

9 Jeffrey Nipp, CFA Jeffrey Nipp, CFA, Managing Director, is a member of the BlackRock Multi-Asset Client Solutions (BMACS) group, which is responsible for developing, assembling and managing investment solutions involving multiple strategies and asset classes. Within BMACS he is responsible for researching, selecting, and monitoring internal and external managers for multi-asset portfolios as well as for fiduciary assignments. Prior to joining BlackRock in 2008, Mr. Nipp spent ten years with Watson Wyatt Investment Consulting, most recently as Global Director of Manager Research Governance. Previously, he was Director of Investment Manager Research with Towers Perrin, for which he worked from 1988 to He began his investment career in 1986 as a Group Pension Marketing Analyst at Confederation Life Insurance Company. Mr. Nipp earned a BBA degree in management and communications from Mercer University and an MBA from Duke University s Fuqua School of Business. He is a CFA charterholder. 9

10 . Nathan R. Palmer, CFA Nathan Palmer is a Vice President and Portfolio Manager at Wilshire Funds Management, where he is responsible for creating multi-asset class, multi-manager investment solutions to the advisory units of banks, insurance companies, asset managers and other financial intermediaries. Nate has over 15 years of investment experience, including investment consulting, pension & endowment management, and equity research. Prior to joining Wilshire, Nate provided investment advice to endowment, foundation and family office clients at Convergent Wealth Advisors. Previously, he managed the public market investment portfolios for the endowment at the California Institute of Technology (Caltech) and for the defined benefit and defined contribution retirement assets at Intel Corporation. Nate began his career as a securities analyst in New York, where he published equity research on the technology, media and telecom industries. Nate graduated Phi Beta Kappa and Cum Laude from the University of Washington with a Bachelor of Arts degree in Business Administration in He received an MBA with High Distinction from the Leonard N. Stern School of Business at New York University in 2005, graduating as an Armando John Garville Memorial Scholar. Nate has held the Chartered Financial Analyst (CFA) designation since 2007 and is an active member of both the CFA Institute and the CFA Society of Los Angeles, where he currently serves on the Board of Directors. 10

11 John Taft John Taft is CEO of RBC Wealth Management in the U.S. the sixth largest full-service retail brokerage firm in the U.S. The firm has more than 2,000 financial advisors in 42 states with 200 offices and $227 billion in assets under administration. In his role, John is responsible for RBC's wealth management growth strategy in the U.S., the focus of which is: to help clients achieve their financial objectives through a full service wealth management offering (investment management, retirement planning, cash management, credit and lending, insurance trust, estate planning and other solutions); and, in so doing, to enhance the productivity of financial advisors and relationship managers in RBC's Private Client Group, Correspondent Services and Advisor Services and U.S.-based international businesses. John has been actively involved in the Securities Industry and Financial Markets Association (SIFMA), the leading securities industry trade group representing securities firms, banks and asset managers in the United States. He served as Chairman-Elect in 2010 and Chairman in As a representative of SIFMA, John advocates for responsible financial reform and has testified before Congress in support of a federal fiduciary standard of care for investment professionals who provide advice to individual clients. Working in the financial services industry since 1981, prior to leading RBC s U.S. wealth management business, John served as head of Asset Management and Products for RBC s U.S. and international division. He earlier gained experience as Chairman, President and CEO of Voyageur Asset Management; as President and CEO of Dougherty Summit Securities; as a member of the board of directors of Segall, Bryant and Hamill, The Clifton Group and Vintage Mutual Funds; and as a managing director at Piper, Jaffray & Hopwood. John has also served as assistant to the mayor of the City of St. Paul, Minnesota, and has worked as a journalist. 11

12 An active diversity advocate around issues of gender identity, John serves as Executive Sponsor for RBC Wealth Management s Gay, Lesbian, Allied and Diverse Employees (GLADE) employee resource organization. Under his leadership, RBC Wealth Management has received a rating of 100% in the Human Rights Campaign s Corporate Equality Index. In 2010, John was named the Outstanding Corporate Diversity Leader by the National Gay & Lesbian Chamber of Commerce (NGLCC). John is a published author of the book Stewardship: Lessons Learned from the Lost Culture of Wall Street, which is about John s journey towards understanding and affirming the importance of stewardship as a core principle for him personally; for the financial services industry; for the global financial system; and for society at large. The response to John s book has been strong, having been selected by readers as one of Amazon s top picks for March 2012, named best book of spring on Bloomberg radio and Bloomberg TV said this was an absolute must read book. John has been interviewed by top news outlets, including CNBC, FOX, FOX Business News, Bloomberg TV and radio, the Wall Street Journal, New York Times, Barron s, Fortune, and Financial Times; and has been published in The New York Times, National Journal, Parade Magazine, The New Republic, Minneapolis Star Tribune and The St. Paul Pioneer Press. In addition, John is a frequent presenter and speaker at various events across the country, including the Securities Industry Institute at the Wharton School and the Center for Ethical Business Cultures at the University of St. Thomas. John has served on the Board of and in a variety of roles at a wide range of not-for-profit and public service organizations, including the Itasca Group, Walker Art Center, Macalaster College, Breck School, Northwest Area Foundation, Minnesota Public Radio, Twin Cities Public Television, St. Paul Chamber Orchestra, Minnesota Film Board, Illusion Theatre and Minnesota Film Board. He has served on several task forces, including the Mayor s Council on Economic Development Finance, Blue Ribbon Commission on Pensions and Mayor s Working Group on Local Government Finance. John graduated Magna Cum Laude, Phi Beta Kappa with a Bachelor of Arts degree from Yale University in New Haven, Connecticut and earned a master s degree in public and private management from the Yale School of Organization and Management. 12

13 Michael G. Trotsky, CFA Michael G. Trotsky, CFA is an investment management professional with over 20 years of experience. Prior to joining PRIM as its Executive Director, Mr. Trotsky was the Executive Director of the Massachusetts Health Care Security Trust ( HCST ), the state government agency charged with the dual responsibility of 1) managing and investing payments Massachusetts receives from the tobacco litigation settlement, and 2) managing and investing the State Retiree Benefits Trust Fund ( SRBTF ), the fund that invests assets allocated by state and local government agencies to fund the health care benefits of retired government employees. Prior to joining the HCST, Mr. Trotsky was a Senior Vice President and Portfolio Manager for 5 years at PAR Capital Management, a Boston-based absolute return strategy fund, where he was directly responsible for investment decisions, research, trading, and administration of an investment fund. Before that, Mr. Trotsky spent nearly 5 years at Greenberg-Summit Partners in Boston, serving as Senior Analyst responsible for technology investments. Before that, that Mr. Trotsky spent over 7 years as Principal and Senior Vice President at Independence Investment Associates in Boston, where he served as both a portfolio manager and senior analyst, and also served on the firm s valuation committee. Mr. Trotsky entered the investment management profession in 1990 after 6 years at Intel Corporation, where he was a Senior Field Sales Engineer. Mr. Trotsky received his BS in Electrical Engineering from the University of Pennsylvania in 1985, and his MBA (with a concentration in Finance) from The Wharton School, University of Pennsylvania, in Mr. Trotsky has served on the Dean s Advisory Committee at the University of Pennsylvania s College of Engineering and Applied Sciences since Mr. Trotsky earned his Certified Financial Analyst (CFA) charter in Mr. Trotsky lives in Belmont with his wife, Amy, and their son, Benjamin. Mr. Trotsky also serves on the Finance Committee at the Shady Hill School in Cambridge. 13