Nathan Erickson, CFA, is a partner and CIO for MRA Associates. His primary focus is to lead the firm’s research efforts. He also provides private wealth and investment management services to foundations, retirement plans, and high net worth clients. Erickson is a member of MRA Associates’ Investment Policy Committee and Compliance Committee. Erickson earned a Bachelor of Arts degree in Psychology from Kenyon College, and a Master of Commerce (Finance) from the University of Sydney, Australia. He has a diverse background in the investment industry, having spent time in commercial real estate sales and lending, and in investment brokerage with Charles Schwab. He also worked as an equity analyst for Kaplan Funds Management, a Sydney-based firm with $2 billion in client assets. Prior to joining MRA Associates, Nathan served as a portfolio manager with Foothills Asset Management. Erickson currently serves on the Board of CFA Society Phoenix and the Altier Credit Union.
C. Thomas Howard and Jason Voss, CFA, have called for the demise of modern portfolio theory (MPT) and the capital asset pricing model (CAPM). They say “financial markets should be viewed and analyzed using a behavioral lens.” Nathan Erickson, CFA, CAIA, and Richard Stott have a different opinion.