During the school year, NBOA conducts a series of webinars on Thursdays. Our goal is to bring you the latest information that is most relevant to your job in the independent school business office, in an easy and accessible format.
All webinars take place at 4:00 PM ET and are FREE to NBOA Members and $50 for non-member schools. To learn more about these presentations, please see our Webinar FAQs.
Attention: Please make sure your computer meets the system requirements to attend our webinars. If you have questions, email Jennifer Fallon or call 202-407-7145.
Thursday, February 9, 2012 - 4 PM ET
3 Dimensional ("3D") Risks
Tom Cowhey, Chief Investment Strategist, Hirtle, Callaghan & Co and Nikki Kraus, Director, Hirtle, Callaghan & Co
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Come join us for this exciting webinar from Hirtle Callaghan where they will speak about 3 Dimensional ("3D") Risks and the importance of considering all risks when an institution establishes a long-term investment strategy. The operating risks (e.g. strength of competive position, acceptance rates, enrollment levels, sources of operating budget) and financial risks (e.g. level of debt, financial resources per student) must be factored into an investment strategy. Hirtle Callaghan has embarked upon a 3D Risk Study for endowments and will discuss the results of this study and considerations for business officers.
Learning Objective: Participants will learn how to establish a long-term investment strategy for their independent school.
Field of Study: Management Advisory Services
Delivery Method: Group Internet-Based
Program Level: Basic
Prerequisites: None
Advanced Preparation: None
Recommended CPE: 1 hour
Presenter(s)
Tom Cowhey is the Chief Investment Strategist at Hirtle, Callaghan & Co. Prior to joining Hirtle Callaghan, Tom was the Executive Director-Trust Asset Management for Bell Atlantic's $15 Billion Employee Benefit Plans. Tom received his B.S. in Civil Engineering, 1978, and M.B.A., 1985, from Villanova University. He is a CFA charter holder, a member of the CFA Institute, and a Registered Professional Engineer. Tom is the firm's Chief Portfolio Strategist and chairs the Investment Policy Committee.
Nikki Kraus is a Director with Hirtle, Callaghan & Co and a member of the firm’s Executive Team. Nikki serves several of the firm’s largest institutional clients in addition to her role managing the client development efforts of the firm. She has over 17 years of experience in working with institutional investors in outsourced investment programs. Prior to joining Hirtle Callaghan in November of 2005, Nikki was a Regional Director for SEI Investments Asset Management Group where she was responsible for building and maintaining outsourcing relationships with foundation, endowment, and corporate defined benefit clients. During her nearly 12 years at SEI, Nikki also held investment product management and project management responsibilities. Nikki received her B.A. in English and Computer Applications from The University of Notre Dame. She is a CFA charter holder and a member of the CFA Institute.
NASBA Information
NBOA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.