With a growing gap between steadily escalating operating costs and limits on tuition and public support, college and university administrations frequently look to investment returns to bridge the difference. In such a situation it is important for investment advisors to have a firm grasp of both investment management principles and the campus political and financial context of decision-making.
Hammond Associates consults to over 70 institutions of Higher Education across the country. Moreover, the firm's consultants have served as chief investment officers at St. Louis University and Washington University. One consultant was an Investment Director at Vanderbilt University and also served on the Duke University endowment staff. Another, with long background in the investment industry, served as chairman of the Babson College endowment committee. The National Association of College and University Business Officers named the head of Hammond Associates' practice group the recipient of the 2006 Rodney Adams award for endowment leadership.
With these backgrounds, our higher education group is uniquely qualified to assist colleges and universities in facing future economic challenges and seizing investment opportunities.