Robert C. Merton Honored with CFA Institute Collection of Papers Highlighting Impact on Industry
Dimensional Fund Advisors was proud to cosponsor the 2019 MIT symposium honoring Robert C. Merton that is faithfully summarized in this CFA Institute Research Foundation publication.
Dimensional is dedicated to translating academic research into practical investment solutions. Since 2010, Bob has been our resident scientist working on retirement income solutions. His effort to link science and the practice of finance was groundbreaking when he started his career, and today, he remains committed to the power of ideas and putting them to work to solve real challenges.
It is easy to think of Bob Merton as the father of financial engineering. His continuous-time models laid the foundation for an entirely new branch of finance that revolutionized the way financial firms manage risk. We endorse and share his belief that best practice is not good enough; we must all continually innovate to improve outcomes for our clients and investors—and for future generations.
The speeches in this volume make abundantly clear that Bob has had a profound impact both as a financial science pioneer and as a teacher and mentor. And I can attest, based on my years as his colleague, that his influence as a friend is no less profound.
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Robert J. Pyle, CFP®, CFA is president of Diversified Asset Management, Inc. (DAMI). DAMI is licensed as an investment adviser with the State of Colorado Division of Securities, and its investment advisory representatives are licensed by the State of Colorado. DAMI will only transact business in other states to the extent DAMI has made the requisite notice filings or obtained the necessary licensing in such state. No follow up or individualized responses to persons in other jurisdictions that involve either rendering or attempting to render personalized investment advice for compensation will be made absent compliance with applicable legal requirements, or an applicable exemption or exclusion. It does not constitute investment or tax advice. To contact Robert, call 303-440-2906 or e-mail info@diversifiedassetmanagement.com.
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