News Detail

Student Investment Club Holds Shareholders’ Report Dinner

04/18/2012

On Thursday, April 12, the St. John Fisher College Student Investment Club hosted its annual Shareholders’ Report Dinner, featuring keynote speaker Marty Palumbos ’69. During the dinner, students also presented a report on the club’s activities and investment portfolio for the 2011-2012 academic year.

In his presentation, Palumbos spoke about the importance of business ethics. He is the founder and senior partner of PS&E Plan to Prosper, one of Rochester’s original fee-based financial planning firms. In addition, he is the co-founder of the Rochester Business Ethics Award, the ETHIE, which is presented through a partnership between the Society of Financial Service Professionals, Fisher, and the Rochester Business Alliance.

The Student Investment Club was established in 2009, and gives students the opportunity to gain real-world experience managing a small portfolio and making investment decisions. The club offers undergraduate and graduate students an opportunity to increase their financial literacy and participate in investment portfolio management with an endowment. In addition, the club actively manages an endowment of approximately $29,000. Students gain experience in researching and analyzing potential investments, formulating and publicly defending proposed investment choices, and understanding risk and return in investment and portfolio management. During the academic year, the students invite guest speakers from the investment field to attend meetings, and they also travel annually to New York City where they visit financial landmarks including the New York Stock Exchange, the NASDAQ, and the American Finance Museum.