New York, NY - April 23, 2002 - TIAA-CREF Institute, part of the TIAA-CREF financial services organization, announces the appointment of Harold Evensky, a leading financial planning practitioner and respected industry spokesman, as chair of its Financial Advisor Advisory Board. The advisory board consists of 12 professionals in the financial advisory community, including financial planners and investment advisors, institutional service providers, and academics. The board was established in 1999 to assist TIAA-CREF and the TIAA-CREF Institute in forming an intellectual and strategic alliance with financial advisors in order to better serve shared clients.
The TIAA-CREF Institute was founded in 1998 to foster research and education to support the lifelong financial security of individuals and their families. Fields of study include: pensions and retirement; health, life and long-term care insurance; investment products and strategies; endowments and planned giving; higher education financing and trends; corporate governance; and financial literacy. For information about the Institute and its work, visit www.tiaa-crefinstitute.org.
In accepting the role of chair after having completed one year as a board member, Evensky said his goal is "to garner the tremendous expertise of the advisory board to help shape the Institute’s research and other initiatives that ultimately can help all individuals make better decisions for their financial security."
Evensky is a principal of Evensky, Brown & Katz, a wealth management firm in Coral Gables, Florida. A highly regarded speaker and industry visionary, he is past chair of the International CFP Council and the CFP Board of Governors. In 2001, he was listed by Financial Planning Magazine as one of five "Most Influential People" in the financial planning profession. He is also the author of Wealth Management, published by McGraw/Hill.
Institute board members serve a two-year term. Joining the board in 2002 are: J. Thomas Bradley, Jr., president of TD Waterhouse Institutional Services and executive vice president of TD Waterhouse Group, Inc., a provider of brokerage, mutual fund, and banking services; Patricia (Patti) Houlihan, president and chief executive officer of Houlihan Financial Resource Group, Ltd., a financial planning firm in Oakton, Virginia; David W. Polstra, chairman of Polstra & Dardaman, LLC, a wealth management firm based in Norcross, Georgia; and Nicholas S. Souleles, assistant professor of finance at the Wharton School, University of Pennsylvania. The other board members are: Eleanor Blayney, partner and director of portfolio management services at Sullivan, Bruyette, Speros & Blayney, a financial planning firm in McLean, Virginia; Norman Boone, founder and principal of Boone Financial Advisors, Inc., in San Francisco, California; Janet Briaud, president of Briaud Financial Planning in Bryan, Texas; Thomas Connelly, chief investment officer and president of Keats, Connelly & Associates, Inc., a financial counseling firm in Phoenix, Arizona; Roger Gibson, president of Gibson Capital Management in Pittsburgh, Pennsylvania; Judith Lau, president of Lau & Associates, Ltd., a financial planning firm in Wilmington, Delaware; and Ron Rogé, president of R.W.Rogé & Co., a financial advisory and investment management firm in Bohemia (Long Island), New York.