Learn about new Qualified Investment Alternative (QDIA) Liability Driven Investing (LDI) approach within a managed account program. This QDIA could provide the next best retirement income security program since the Defined Benefit Plan. This QDIA’s approach is designed to “DB-ize” (Defined Benefit-ize) 401(k) plans “Participant by “Participant”. The concept is designed to provide a more personalized Participant experience to enhance retirement readiness and income security.
Biography
Jim has been involved in the Investment Management Consulting Advisory business since 1987 and is the Managing Director, Partner for HighTower – Scottsdale. Prior to joining HighTower Advisors his career began in 1987 with E.F. Hutton’s Consulting Group, which today is Morgan Stanley Graystone Consulting. Jim graduated with a Bachelor of Science degree in Management-Administration and Marketing from Indiana University-Bloomington.
Jim was chosen as one of America’s Top 100 out of 7000 Investment Management Consultants screened in 2006, 2007, 2008, 2009 2010 & 2011 and ranked #1 in Arizona for 2009 by Barron’s Magazine, selection related to ethical standards and professionalism.
Jim has earned the Certified Investment Management Analyst (CIMA) designation in 1997, and Investment Strategist Certification, both offered by the Investment Management Consultants Association (IMCA) through the Wharton Business School, University of Pennsylvania. In 2006 he completed as valedictorian the Accredited Investment Fiduciary (AIF) conducted by the Center for Fiduciary Studies. In 2012 Jim attended The Retirement Advisor University (TRAU) at the UCLA Anderson School of Management Executive Education and completed the Certified 401(k) Professional (C(k)P™) program and adjunct lecturer for TRAU Plan Sponsor University. Jim also completed the American Indian Policy Institute Tribal Financial Management Certification (TFMC) program at Arizona State University. In 2013 Jim also obtained the Global Fiduciary Strategist (GFS) designation awarded by the Thunderbird School of Global Management.
Jim has published several articles and has contributed to several books on the subject of optimally blending active and passive investment strategies regarding advanced portfolio construction and fiduciaries responsibility. Jim serves on the Thunderbird Graduate School of Global Management’s Wealth Summit Advisory Board, Musical Instrument Museum (MIM) President’s Cabinet and corporate sponsor of MIM, Arizona Community Foundation and Arizona 5 Arts Circle. Jim is a Director of the Yavapai Indian Foundation.