Fairport Asset Management announced today the appointment of Sally Staley as advisory member of its Investment Committee. Staley currently serves as Chief Investment Officer at Case Western Reserve University. She joined Case Western Reserve’s investment office in 2002 and became Chief Investment Officer in 2006. She manages a staff of five professionals who oversee the investment management of the University’s $1.4 billion endowment with a focus on understanding risk and managing to outcomes.
Staley is well respected within the institutional community for her investment expertise and more recently for her forward-looking perspective on risk management. In 2009, the University’s endowment under Staley’s leadership was recognized with a prestigious award at the Foundation & Endowment Money Management’s Nonprofit Awards for Excellence for strategies designed to limit financial adversity within a recessionary climate and for maintaining the large endowment’s commitments to the university.
Beginning her career in international bond market research and institutional sales with Salomon Brothers and Merrill Lynch, Staley then transitioned to the State of Wisconsin Investment Board where she established the public pension fund’s international fixed income program and managed an international bond portfolio. She later worked as Senior Consultant with the investment management consulting practice of PricewaterhouseCoopers.
She holds a Master of International Affairs degree from Columbia University and a Bachelor of Arts degree from the College of Wooster, where she currently serves as a trustee and investment committee member.
“Sally is and has been recognized as one of the true thought leaders in investment strategy,” said J.T. Mullen, Fairport’s Chief Investment Strategist. “I have watched what she has been able to accomplish over the years and have admired her approach to investing, as well as her understanding of the importance of risk management within investment portfolios.
“I am honored to have been selected as an outside advisory member and look forward to contributing to Fairport’s Investment Committee,” said Staley.
J.T. Mullen chairs the Investment Committee and the members include John Silvis, Director of Investments, Rick D’Amico, Manager of Investments, and Paul Abbey, Chairman and Founding Partner.
About Fairport Asset Management
Celebrating its tenth anniversary in 2011, Fairport provides wealth management services to high net worth individuals, families and select institutions and has specialized services for succession and liquidity planning for business owners, executives, and financial issues and education unique to women. The firm’s professional staff includes CPAs, CFP certificants and CFA charter holders. Fairport was recently recognized by Investment News magazine as one of the Top 30 registered financial planning firms in the United States.* More information available at www.FairportAsset.com.
*Investment News published in its December 2010 issue a listing of the Top 30 Financial Planners conducted by RIA Database, a Charlotte NC based company that focuses on providing accurate, relevant data for sales professionals on registered investment advisors. The national ranking is based on discretionary assets under management as of September 30, 2010. RIA Database qualified and ranked investment advisers based on the following criteria: 1) They must have a significant number of financial planning clients 2) Greater than 50% of their business must serve the individual investor marketplace 3) They must not be doing business as a broker-dealer or a bank 4) A dominant portion of their business must not be invested in proprietary products or managing proprietary products.