Richard C. Marston

is the James R.F. Guy Professor of Finance at the Wharton School of the University of Pennsylvania. A graduate of Yale College and MIT where he received his PhD, Professor Marston was also a Rhodes Scholar at Oxford University. He has taught asset allocation for over twenty years in the CIMA Program sponsored by the Investments & Wealth Institute™, formerly called IMCA. He is a past recipient of the Institute’s Matthew R. McArthur Award for outstanding contributions to investment management. Since 1999, he has been faculty director of Wharton Executive Education’s Private Wealth Management Program, a week-long program for ultra-high net worth investors. Professor Marston has lectured on investments throughout the U.S. and in over a dozen foreign countries. He is the author of numerous articles and books including Portfolio Design: A Modern Approach to Asset Allocation, and Investing for a Lifetime.

A Wall Street veteran and entrepreneur, Charlotte Beyer has been identifying changes in the culture and dynamics of wealth management since 1992. Beyer founded the Institute for Private Investors [IPI] to help improve the relationship between wealthy investors and their financial advisors and is co-creator of the first Private Wealth Management curriculum for ultra-high-net-worth investors at The Wharton School of the University of Pennsylvania. Named an Aresty Fellow at Wharton in 2016, Beyer is also the recipient of the Lifetime Achievement Award from Family Wealth Report and the J. Richard Joyner Wealth Management Impact award from the Investments & Wealth Institute™ Investments (formerly IMCA®). Her 2nd edition of Wealth Management Unwrapped was published by Wiley Finance in 2017.

Upon retiring as CEO of IPI in 2012, Beyer founded the Principle Quest Foundation, a private foundation whose mission is to support innovative education and mentoring programs for women of all ages. A lifetime trustee of the Westover School, an all-girls school, Beyer was featured in the Wall Street Journal Donor of the Day column in 2011.

Currently serving on the global association board of 100 Women in Finance and on the Ambassador Board of Institutional Investor’s Journal of Wealth Management, Beyer remains active in various industry groups. She is a member of the Security Analysts Board of Regents for the CFA Institute and the CFP Board’s Women’s Initiative Council in Washington D.C.

Christopher C. Geczy Christopher is the academic director of the Wharton Wealth Management Initiative and of the Jacobs Levy Equity Management Center for Quantitative Financial Research. He has been on the Finance faculty at Wharton since 1997. He has served on the staff of the Board of Governors of the Federal Reserve, on the Economic Advisory Board of NASDAQ, as chairman of the Mid-Atlantic Hedge Fund Association, and on the editorial boards of the Journal of Alternative Investments and the Journal of Wealth Management.

Joseph Gyourko’s research interests include real estate finance, local public finance, and urban economics. Formerly co-editor of Real Estate Economics, Professor Gyourko also serves on the editorial boards of various real estate economics and finance journals. Professor Gyourko is (Nonresident) Senior Fellow at The Brookings Institution and a trustee of the Urban Land Institute (ULI). In addition, he serves as an ex officio member of the Real Estate Roundtable’s Research Committee. Finally, Professor Gyourko serves on the board of EII Realty Securities, a real estate mutual fund, and is a Senior Advisor to and board member of AMC Delancey, a private real estate company headquartered in Philadelphia. Professor Gyourko received his BA from Duke University and a PhD in economics from the University of Chicago.

Best known for his work on insider trading, Jeff Jaffe has research interests that include corporate finance, investments, money management, and the effects of information on the behavior of security prices. He also has researched initial public offerings, regulation of utilities, the behavior of markets, the fluctuation of gold prices, the theoretical effect of inflation on the interest rate, the empirical effect of inflation on capital asset prices, the relationship between small capitalization stocks and the January effect, persistence in merger performance, and the capital structure decision.

A Wharton faculty member since 1973, Jeff received the Wharton Evening School’s Outstanding Professor Award for 1989-1990. Jeff has been a frequent contributor to finance and economic literature in journals including the Quarterly Economic Journal, The Journal of Finance, The Journal of Financial and Quantitative Analysis, The Journal of Financial Economics, and The Financial Analysts’ Journal.

A former member of the Board of Directors of the American Finance Association and the NASD Economic Advisory Board, Craig MacKinlay has research interests that include empirical implementation and validation of asset pricing models, measuring investment performance, pricing of futures contracts, microstructure of financial markets, assessment of credit risk, and statistical methods in finance. In addition to teaching, he is also a Research Associate of the National Bureau of Economic Research. Craig is the co-author of two books, the Econometrics of Financial Markets and A Non-Random Walk Down Wall Street.

Bilge Yilmaz is the Wharton Private Equity Professor and professor of finance at the Wharton School. Prior to his current appointment, he was a faculty member at the Graduate School of Business, Stanford University. He received his first degrees in electrical engineering and physics from Bogaziçi University and his PhD in economics from Princeton University.

Professor Yilmaz’s research focuses on corporate finance, alternative investments, and political economy. Recently, he has written on corporate governance, credit rating agencies, hedge funds, private equity, security design, short-selling constraints, corporate bankruptcy, and banks’ internal risk models. His earlier articles appeared in leading academic journals including the top three in the field: Econometrica, American Economic Review, and Journal of Political Economy.