Tuesday, March 21, 2017

Daniel Jaffee, President and CEO of Oil Dri Corporation of America, was the 2017 Marquette University College of Business Administration’s Business Leaders Forum Speaker

Daniel Jaffee presented at the Marquette University College of Business Administration’s Business Leaders Forum on March 21, 2017
On Tuesday, March 21, 2017, at the Alumni Memorial Union - Monaghan Ballroom, a presentation of “The Power of Culture and Ethics” was delivered by Daniel S. Jaffee, President and Chief Executive Officer of Oil-Dri Corporation of America.
Daniel Jaffee at Marquette University
Mr. Jaffee has been the CEO of Oil-Dri, a family-run company, since 1997. Jaffee joined the company in 1987 as a product manager in the Industrial and Agricultural division and between 1987 and 1997 he held several positions, including President and COO. 
Under Jaffee’s leadership, Oil-Dri was named one of Chicago Tribune’s Top 100 Workplaces in Chicago multiple times and in 2013 was ranked #1 for its ethical operations.
Image result for daniel jaffee oil driFounded by his grandfather Nick Jaffee in 1941 as a distributor of clay floor absorbents, Oil-Dri’s products have been used throughout the world for 75 years. Its diverse portfolio of products help to grow and process food, raise healthy livestock, enhance the safety of jet fuel and to keep sports fields dry and playable. 
As CEO, Jaffee continues to focus on Oil-Dri’s long-term future growth and helped define their mission statement: creating value from sorbent minerals. As a result, Oil-Dri broadened its portfolio of products and innovated the first lightweight cat litter product made of highly absorbent minerals with no fillers, under its Cat’s Pride Fresh & Light brand.
Dr. David Krause and Nat Penn discuss
Oil Dri after Jaffee's presentation
A passionate philanthropist and animal advocate, Jaffee has been on the board of the Anti-Cruelty Society of Chicago for 19 years, serving as chairman for three terms. He is also a Trustee of the Chicago History Museum. Jaffee received his B.S.B.A. from Georgetown University and his M.B.A. from the Kellogg Graduate School of Management at Northwestern University.
Established in 1999, the Business Leaders Forum is a speaker series sponsored by Marquette University’s College of Business Administration. The forum provides a setting for nationally recognized business leaders to engage in discussions and interact with students, faculty and local business leaders. The program enables Marquette to build practical knowledge into its rigorous business curriculum, exploring current trends, issues and practices in business.


Marquette University has attracted leaders at the top of their respective professions to speak at the Business Leaders Forum, including Herbert V. Kohler, chairman, chief executive officer and president of Kohler Co.; Richard M. Schulze, founder and chairman of Best Buy; and James J. Mulva, chairman and CEO of ConocoPhillips. The Kathleen and Frank Thometz Foundation has made the Business Leaders Forum speaker series possible through a special endowment.

Monday, March 20, 2017

Special Guests Visited Marquette University's AIM Program This Week

AIM Program Hosts Three Investment Professionals on Monday, March 20, 2017

Monday, March 20, 2017, was a busy day in the AIM program. Dr. David Krause, AIM program director, welcomed three guests to Marquette.

Michael McMillan, Jamie Jackson, Chris Merker and David Krause
Dr. David Krause, AIM program director, said, "It is a pleasure to host Jamie Jackson, CFA, a managing principal of Stairway Partners (located in Chicago and Minneapolis). 

A Marquette alumnus, Mr. Jackson had a lively presentation with the students in the AIM Class of 2017. It was a pleasure hosting him for the morning.”

Stairway Partners is an SEC-registered Investment Advisor founded in 2004 by former senior investment professionals from Brinson Partners, a US-based institutional asset management firm which was widely known for its pioneering work in the field of asset allocation and global investing.  Their investment process is supported by extensive research and is grounded in the principal belief that the overwhelming majority of a portfolio’s risk and return is determined by its asset class mix – not the selection of individual investments.
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Stairway Partners was originally formed to provide the firm’s partners and their investment colleagues with an institutional platform for managing their personal assets. As a result of the firm’s reputation and track record, Stairway Partners has since become a sought after solution for other experienced investors seeking a low-cost, comprehensive institutional investment capability.

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Jamie Jackson
Jamie Jackson is responsible for investment research, strategy, portfolio management, and trading. Previously Jamie was head of Liquid Assets at Ameriprise Financial, responsible for over $100 billion of client assets. Jamie served on the firm’s Capital Markets Committee, led the Liability Driven Investment team, and managed numerous fixed income, balanced, and equity indexed mutual funds.

Prior to that, Jamie managed institutional portfolios and mutual funds for UBS Global Asset Management and Brinson Partners, its predecessor organization, where he also served on the Global Asset Allocation Committee. Before joining Brinson Partners, Jamie managed global bond and currency portfolios for the Northwestern Mutual Life Insurance Company. Jamie has over 20 years of investment experience, holds BS and MBA degrees from Marquette University, and is a CFA charter holder.

Michael McMillan, CFA, the CFA Institute’s Director of Ethics and Professional Standards, spoke to students in the AIM Class of 2018. He holds a Ph.D. in Accounting and Finance from George Washington University – he also received his MBA from Stanford University and his BA from the University of Pennsylvania.
Michael McMillan in the AIM Room

Joining him in talking about investment ethics was Chris Merker, CFA, Director of Private Asset Management with Robert W. Baird & Co.  Mr. Merker teaches Investment Ethics in Marquette’s AIM program. Working with Dr. McMillan, Chris Merker is completing a CFA Ethics ‘Train the Trainer Program’ and will receive the CFA Institute’s Certificate in Ethics Training. Incidentally, he will receive his doctorate from Marquette University in May 2017.

Dr. McMillan is the author of the CFA’s Ethics and Standards of Practice course. The CFA’s  ‘train the trainer’ is a strategic element in the CFA’s response to meeting the demand for ethics training. We are pleased to host Michael and Chris to Marquette University.


Chris Merker in a CFA 'Train the Trainer' Session
at Marquette University
Dr. David Krause, AIM program director, said, "It was again an honor to host Michael again at Marquette. I'm very pleased that Chris Merker is continuing to expand his expertise in the area of investment ethics. The two did a great job with their presentation."



Michael McMillan,the CFA Institute's Director of Ethics and Professional Standards, Promotes Investment Ethics Training

Dr. Michael McMillan Visits Marquette's AIM Program


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Dr. Michael McMillan, CFA
The AIM program is pleased to host Michael McMillan, CFA, on Monday, March 20, 2017.   Dr. McMillan is the CFA Institute’s Director of Ethics and Professional Standards. He holds a Ph.D. in Accounting and Finance from George Washington University – he also received his MBA from Stanford University and his BA from the University of Pennsylvania.

Chris Merker, CFA, Director of Private Asset Management with Robert W. Baird & Co., teaches Investment Ethics in Marquette’s AIM program. Working with Dr. McMillan, Mr. Merker is completing a CFA Ethics ‘Train the Trainer Program’ and will receive the CFA Institute’s Certificate in Ethics Training.
Director of CFA Ethics and Professional Standards


Michael and Chris will teach classes to the AIM Class of 2018.  Dr. McMillan is the author of the CFA’s Ethics and Standards of Practice course. The ‘train the trainer’ is a strategic element in the CFA’s response to meeting the demand for ethics training. We are pleased to host Michael and Chris to Marquette University.

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Dr. David Krause, AIM program director, said, "It is a pleasure to host Michael again at Marquette. I'm very pleased that Chris Merker is continuing to expand his expertise in the area of investment ethics."

Saturday, March 18, 2017

Marquette, Creighton and Seton Hall (Big East Jesuit schools) all lost yesterday in the NCAA Tournament

Image result for marquette basketballThe NCAA tournament was tough on the Jesuit (Big East) universities yesterday - it might have been karma for the Pope telling Catholics they could eat meat on St. Patrick's Day! 





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Just kidding, of course.

Sunday, March 12, 2017

Final stock pitches by the AIM Class of 2017 were delivered this week - juniors begin managing the AIM Funds on 4/1/17

The Last Set of AIM Equity Fund Pitches for the Class of 2017 Were Presented on Friday, March 10, 2017 


Andy Reed and Martha Wong (AIM Class of 2017)
This past week, the final set of stock recommendations were presented by students in the AIM Class of 2017. The pitches were presented in the AIM Room.

Given that spring break was beginning, a stronger than expected contingent of students in the AIM program attended --- other guests included Andy Hinz of Grace Mathews and Mark Alfurth of UW-Eau Claire. 

The AIM Equity Fund write-ups for the week of 3/10/17 can be accessed at: https://tinyurl.com/jcj8wj2

Andy Krueger, Andy Reed, Martha Wong, and Chengbin (Henry) Lu pitched their stock recommendations as potential additions to Marquette’s AIM Equity Funds. Students in the AIM program manage over $2,500,000 of the University's endowment. 

Chengbin (Henry) Lu pitched Sibanye Gold
The AIM student equity pitches take place each Friday afternoon during the semester – either in the AIM Room or at a local investment company. 
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The students prepare and distribute a professional equity write-up (note: every AIM write-up since the inception of the program in 2005 is 
archived here). 

To receive information about upcoming AIM student presentations and events, follow us on Twitter and LinkedIn.
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