Middle Man - A broker's tale
By: John Guy, CFP
I am a middle man. That is why they are dead.
Meet Jack Chap, middle man extraordinaire, by both trade and temperament. He's a nice guy. Everybody says so. His secretary, his friends, his colleagues. He couldn't have committed brutal murder in his office. Could he?
A financial professional who strives for an ordered life personally and professionally, Jack Chap lives in the middle. No matter the circumstances, Jack will try to find the middle ground. He is not a boat-rocker. He is not argumentative. He is not opinionated. What happens when this reasonable, principled man in the middle is pushed beyond the limits of his dearly-held center?
You'd think unraveling begins at the edges. But in this case, it just may have started in the middle.
How To Invest Someone Else's Money
By: John Guy, CFP®
Have you been a member of a committee? Have you made decisions on a committee? Isn't it fun?
Most American institutional money is owned by committees: investment committees of non-profits and retirement plans; trust committees; corporate boards of directors; even congressional and legislative committees. These committees exercise rights of ownership, but the money is not theirs. It is someone else's money. It belongs to the beneficiaries of the organization.
This book helps investment committees to make decisions. It describes investment theory within the context of real committee operations. It suggests how to recruit and to train committee members, how to write investment policies with tangible goals, how to relate investment committee work to the work of other committees in the organization, and how to maintain continuity over time.
It also suggests that committee work can be stimulating and personally-rewarding.