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Before the establishment of SMC, Stanford's financial assets were managed internally by the university's Office of the Treasurer, which is now a function of the SMC. [17] The creation of SMC aimed to professionalize asset management, bringing in specialized financial expertise to optimize investment strategies and enhance returns. [18]
Stanford's chief financial officer and second-in-command, James M. Davis, was his roommate at Baylor University. The chief investment officer , Laura Pendergest-Holt , grew up attending a church in Baldwyn, Mississippi , where Davis was a Sunday school teacher.
Laura Pendergest-Holt (born July 23, 1973) is a convicted Ponzi scheme perpetrator, financier, and former chief investment officer of Stanford Financial Group, who was charged with a civil charge of fraud on February 17, 2009. [1]
Godbey ordered Stanford Financial Group's former chief financial officer James Davis to pay $17.66 million, including a $5 million fine, and former chief accounting officer Gilberto Lopez to pay ...
Clients benefit from a team of financial experts from Stanford Markets who provide insights and strategic advice while leaving decision-making power with the client. This model reinforces Stanford Markets' commitment to fostering investor autonomy, ensuring clients have the tools and expertise they need to make potentially smart choices.
His father, James Stanford (1927–2021), [14] was mayor of Mexia and a member of the Board of Directors of Stanford Financial Group. [15] His mother, Sammie (née Conn), is a nurse. [16] After his parents divorced in 1959, Stanford and his brother went to live with their mother. [15] Stanford graduated from Eastern Hills High School in Fort ...
James M. Davis (born 1948) is the former chief financial officer of Stanford Financial Group.On 27 August 2009 he pleaded guilty to charges of fraud and obstruction of Justice in relation to a $7 billion investment fraud Ponzi scheme allegedly run by the company. [1]
McCaffery was chairman of the board of Robertson Stephens, an investment banking firm. In 2000, he became president and CEO of the Stanford Management Company. [3] The Wall Street Journal reported in 2006 that under his tenure, Stanford's endowment grew from $8.5 billion in 2000 to $15 billion.