Michael is a Senior Advisor of 1919 Investment Counsel, LLC. He entered the financial services industry in 1978 and joined Scudder, Stevens & Clark (a predecessor firm) in 1995. Previous to that, Michael was the Managing Director of a mutual fund and Chief Economist for an investment advisory firm (Del-Vest Inc.). At 1919 Investment Counsel, he is a member of the firm’s Asset Allocation, Global Equity, Marketing and Institutional Portfolio committees, and authors the “Weekly Market Insights” report. Michael is a member of the International Roundtable of The Center for Strategic and International Studies, past chairman of the “International Round Table” in Washington, D.C. and past President of the World Affairs Council of Delaware. He is a member of the Investment Committee of the Board of the Falcon Foundation of the United States Air Force Academy. Michael recently consulted with the Defense Department in the area of Energy. He is a member of the National Economics Club and The American Economics Association.
Michael was recently named to the Macroeconomic Risks Advisory Committee of the Principles for Responsible Investment (PRI). Launched in 2006, with the backing of the United Nations, the PRI is the world’s leading proponent of responsible investment, with more than 1,800 signatories, from over 50 countries, representing approximately $70 trillion in assets. As an organization, the PRI works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The Macro Economic Risks Advisory Committee, of which he is now a member, seeks to explore long-term macroeconomic risks (such as slow growth, low interest rates, and emerging societal and technological trends), and how investors respond to these risks to ensure the stability and sustainability of the global financial system. The geographically diverse committee has representatives from a select group of PRI signatories. 1919 Investment Counsel is a signatory.
Michael is the founder of the “Global Dinner Forum” a small quarterly meeting designed to encourage serious exchange of ideas between government, academic, business and military leaders. He completed his undergraduate work at Defiance College with a degree in Political Science and did his graduate studies in history at William and Mary and economics at The University of Delaware.