Speakers Bureau

Tap into the knowledge of experts

A successful conference or seminar relies on one vital component – quality speakers. With a wealth of knowledge in every aspect of Fixed Income, the experts that make up the Raymond James Speakers Bureau address a wide range of subjects geared toward your organization’s needs. Some topics include:

  • Current themes in the municipal market
  • Optimizing your portfolio’s performance
  • Economic forecasting and modeling to assist with portfolio management

Please contact our marketing representatives in Fixed Income at 800.564.2249 for more information or to reserve a speaker. We look forward to helping you leverage our experts’ knowledge of the marketplace.

Economic

Scott Brown, Ph.D.

Senior Vice President, Chief Economist
Equity Research

Possible Topic Title(s):
The Economic Outlook

Brief Topic Description(s):
- General Economic Outlook
- Employment
- Inflation
- Federal Reserve Policy / Interest Rates
- Fiscal Policy

Target Audience:
Economic, Governments, Banks, Total Return, Credit Unions


Donald Ratajczak, Ph.D.

Consulting Economist, Fixed Income
Fixed Income Research

Possible Topic Title(s):
Current Overview of Global Economy

Brief Topic Description(s):
Join Donald Ratajczak, a Raymond James consulting economist and a well-respected economic forecaster, as he talks in detail about the U.S. and global economy and the driving force behind changes. Donald will share his insight on issues and trends from global economic challenges to international trade, to housing and consumer purchasing.

Target Audience:
Economic, Credit Unions, Banks, Total Return, Governments


Credit Unions

Howard Benz

Managing Director
Fixed Income Strategies

Possible Topic Title(s):
What's Working?

Brief Topic Description(s):
Discuss strategies that other depository clients are exploring, tools and reports that are made available to our clients that help with understanding and measuring the risk of their portfolios.

Target Audience:
Banks, Credit Unions


Scott Brown, Ph.D.

Senior Vice President, Chief Economist
Equity Research

Possible Topic Title(s):
The Economic Outlook

Brief Topic Description(s):
- General Economic Outlook
- Employment
- Inflation
- Federal Reserve Policy / Interest Rates
- Fiscal Policy

Target Audience:
Economic, Governments, Banks, Total Return, Credit Unions


Lynn Charlton

Senior Vice President
Senior Asset/Liability Consultant

Possible Topic Title(s):
Raw Materials for ALM Modeling: Betas, Decays and Prepays
Interpreting ALM Results for Management and Regulators

Brief Topic Description(s):
Defining ALM model inputs and assumptions is the most critical, and perhaps challenging, aspect of modeling interest rate risk. Lynn will define critical model inputs, discuss setting asset/liability behavioral assumptions, and demonstrate the sensitivity of earnings and valuations to these important variables.

Combing through volumes of ALM data and arriving at actionable conclusions on interest rate risk can be challenging. Lynn will discuss interpreting ALM model results, identifying the source of risks to earnings and valuations, and effectively communicating key conclusions to the ALCO and board.

Target Audience:
Banks, Credit Unions


Chris Kornatowski

Managing Director
Asset/Liability Consulting Services

Possible Topic Title(s):
Regulatory Update: Keeping Your Risk Management Approach Current
Got Interest Rate Risk? Now What?

Brief Topic Description(s):
Recent regulatory advisories are changing the way institutions approach balance sheet risk management. Chris will discuss emerging regulatory issues regarding interest rate and liquidity risk, modernizing risk policies, and establishing relevant risk limits.

Financial institutions have multiple tools for adjusting interest rate risk. Chris will define and evaluate the impact of practical funding, hedging and investment strategies to reduce interest rate risk.

Target Audience:
Banks, Credit Unions


Carl E. Moerbe, CFA®

Managing Director, Senior Agency Analyst
Fixed Income Research

Possible Topic Title(s):
State of the GSEs – An Update on the Four Largest Government Sponsored Entities from an Investor's Perspective

Brief Topic Description(s):
Covering Fannie Mae, Freddie Mac, FHLB and FFCB, this presentation will provide timely updates on each GSE’s status, current events and market implications for investors. From fundamental business models to current government involvement and market conditions, investors should stay apprised of the direction of the agencies to make both informed investment decisions and have the ability to keep relevant oversight committees up to date on their investments.

Target Audience:
Governments, Banks, Total Return, Credit Unions


Donald Ratajczak, Ph.D.

Consulting Economist, Fixed Income
Fixed Income Research

Possible Topic Title(s):
Current Overview of Global Economy

Brief Topic Description(s):
Join Donald Ratajczak, a Raymond James consulting economist and a well-respected economic forecaster, as he talks in detail about the U.S. and global economy and the driving force behind changes. Donald will share his insight on issues and trends from global economic challenges to international trade, to housing and consumer purchasing.

Target Audience:
Economic, Credit Unions, Banks, Total Return, Governments


Rick Spell

Managing Director
Whole Loans

Possible Topic Title(s):
Economics of Loan Origination, History of Loans Pre-Recession to Post-Recession
The Role of FNMA/Freddie Mac or other New Entities in the New Mortgage World
The Evolving World of Credit Unions in the Secondary Loan Area

Brief Topic Description(s):
Subjects above will be tailored individually upon request where not self-explanatory

Target Audience:
Banks, Credit Unions


John Toohig

Managing Director
Whole Loans

Possible Topic Title(s):
What’s Working & Whole Loan Sales 101

Brief Topic Description(s):
The whole loan markets are rapidly changing. What is the future of FNMA/FHLMC, and what does lending look like without them? What is the impact of QM on lending? Is private securitization ever going to return? The Raymond James Whole Loan Desk can help with execution and analysis in today’s rapidly changing market for residential 1-4 family, commercial, consumer (auto and light truck), second lien HELOCs, credit cards, and even scratch and dent or non-performing loans.

Target Audience:
Banks, Credit Unions


Rick Trent, CPA

Managing Director / Senior Mortgage Analyst
Fixed Income Research

Possible Topic Title(s):
Mortgage Market Issues and Trends, What Are Investors Doing, Portfolio Peer Analysis, Relative Value in MBS for Yield and Total Return Buyers, What Bonds Make Sense to Sell Now?, Portfolio Strategies, Primers on Fixed MBS, ARMs and CMOs, Enhance the MBS Portfolio

Brief Topic Description(s):
Mortgage Market Issues and Trends – GSE updates, spread, price and prepay risk and trends, current hot topics

What Are Investors Doing – Summary of buys and sells in bank and CU portfolios

Portfolio Peer Analysis – Quarter-to-quarter and year-to-year yield, WAL/extension/premium/price risk and sector allocation trends

Relative Value in MBS for Yield and Total Return Buyers – Identify best sectors and bond types for risk/return for current rates, rising/declining rates and curve shifts

What Bonds Make Sense to Sell Now? – Analyze the entire portfolio to quickly identify specific underperforming bonds that also make economic sense to trade

Portfolio Strategies – Strategies to improve portfolio performance, tools and reports to identify reinvestment opportunities, timely market commentary and sector analysis

Primers on Fixed MBS, ARMs and CMOs – Basic discussion for beginning investors

Enhance the MBS Portfolio – Baker’s dozen of block and tackle strategies to identify poor performing bonds and improve MBS performance and liquidity

Target Audience:
Banks, Credit Unions, Total Return


Joseph Vandergrift

Managing Director
Fixed Income Strategies

Possible Topic Title(s):
Strategies to Improve Depository Performance
Managing Interest Rate Risk
Prudent Portfolio Management

Brief Topic Description(s):
The presentation will revolve around minimizing interest rate risk while identifying value in the current market.

Target Audience:
Banks, Credit Unions


Elisabeth Vogel

Senior Vice President
Fixed Income Strategies

Possible Topic Title(s):
Navigating the Volatile Interest Rate Environment
What’s Working in the Current Market

Brief Topic Description(s):
Discuss strategies that other depository clients are exploring, tools and reports that are made available to our clients that help with understanding and measuring the risk of their portfolios

Target Audience:
Banks, Credit Unions


Banks

Howard Benz

Managing Director
Fixed Income Strategies

Possible Topic Title(s):
What’s Working?

Brief Topic Description(s):
Discuss strategies that other depository clients are exploring, tools and reports that are made available to our clients that help with understanding and measuring the risk of their portfolios.

Target Audience:
Banks, Credit Unions


Scott Brown, Ph.D.

Senior Vice President, Chief Economist
Equity Research

Possible Topic Title(s):
The Economic Outlook

Brief Topic Description(s):
- General Economic Outlook
- Employment
- Inflation
- Federal Reserve Policy / Interest Rates
- Fiscal Policy

Target Audience:
Economic, Governments, Banks, Total Return, Credit Unions


Lynn Charlton

Senior Vice President
Senior Asset/Liability Consultant

Possible Topic Title(s):
Raw Materials for ALM Modeling: Betas, Decays, and Prepays
Interpreting ALM Results for Management and Regulators

Brief Topic Description(s):
Defining ALM model inputs and assumptions is the most critical, and perhaps challenging, aspect of modeling interest rate risk. Lynn will define critical model inputs, discuss setting A/L behavioral assumptions, and demonstrate the sensitivity of earnings and valuations to these important variables.

Combing through volumes of ALM data and arriving at actionable conclusions on interest rate risk can be challenging. Lynn will discuss interpreting ALM model results, identifying the source of risks to earnings and valuations, and effectively communicating key conclusions to the ALCO and board.

Target Audience:
Banks, Credit Unions


Orrin Edwards

Senior Vice President
Fixed Income Strategies

Possible Topic Title(s):
Negative Convexity: Its Impact on Your Portfolio
Optimizing Your Portfolio’s Performance
Portfolio Management Resources: Are you taking full advantage of available resources?

Brief Topic Description(s):
Negative Convexity:  How convexity (negative) affects your portfolio’s earnings/yield, cash flow, unrealized gain/loss in shocked scenarios over time

Optimizing Your Portfolio’s Performance (depositories, municipalities, insurance companies):  With earnings at a premium and minimizing unrealized portfolio losses imperative, have an action plan of how to position your portfolio for maximum institution benefit

Portfolio Management Resources: Are you taking full advantage of available resources? (Depositories, municipalities, insurance companies): Maybe there’s too much information, analytics and opinions available, but make sure you have a plan to efficiently and effectively maximize your time and your portfolio’s contribution to your institution.

Target Audience:
Banks, Governments, Total Return


Chris Kornatowski

Managing Director
Asset/Liability Consulting Services

Possible Topic Title(s):
Regulatory Update: Keeping Your Risk Management Approach Current
Got Interest Rate Risk? Now What?

Brief Topic Description(s):

Regulatory Update: Recent regulatory advisories are changing the way institutions approach balance sheet risk management. Chris will discuss emerging regulatory issues regarding interest rate and liquidity risk, modernizing risk policies, and establishing relevant risk limits.

Got Interest Rate Risk: Financial institutions have multiple tools for adjusting interest rate risk. Chris will define and evaluate the impact of practical funding, hedging and investment strategies to reduce interest rate risk.

Target Audience:
Banks, Credit Unions


Carl E. Moerbe, CFA®

Managing Director, Senior Agency Analyst
Fixed Income Research

Possible Topic Title(s):
State of the GSEs – An Update on the Four Largest Government Sponsored Entities from an Investor’s Perspective

Brief Topic Description(s):
Covering Fannie Mae, Freddie Mac, FHLB and FFCB, this presentation will provide timely updates on each GSE’s status, current events and market implications for investors. From fundamental business models to current government involvement and market conditions, investors should stay apprised of the direction of the agencies to make both informed investment decisions and have the ability to keep relevant oversight committees up to date on their investments.

Target Audience:
Governments, Banks, Total Return, Credit Unions


Lawrence Petrucci, CFA®

Managing Director, Structured Products Analyst
Structured Products Credit and Strategy

Possible Topic Title(s):
Student Loan: Underlying Forces
Are CLOs a Product For You? – Myth and Mystery Debunked

Brief Topic Description(s):

Student loans fueled the U.S. education system for nearly 50 years and now represent more than a trillion dollars of obligations. Government-backed loans originated under the Federal Family Education Loan Program or FFELP were securitized into structured tranches that offer quality investment performance supported by an explicit U.S. government guarantee of at least 97%.

Collateralized Loan Obligations surfaced around 1990. Since then, these vehicles have provided investors of all types robust returns through varying economic conditions and business cycles. Learning the "How's and Why's" can provided new opportunities across a spectrum of investors.

Target Audience:
Banks, Total Return


Ellis Phifer, CFA®, CMT

Managing Director
Total Return and Insurance Strategies

Possible Topic Title(s):
Fixed Income Strategies for the Current Economic Environment, Sector Valuations, Portfolio Strategy, Relative Value, Yield Curve Strategy, Total Return Ideas

Brief Topic Description(s):
Fixed Income Strategies for the Current Economic Environment: There’s always some uncertainty in the market. This presentation helps you make sense of what is affecting the market and the best ways to position your portfolio to take advantage of what the market is giving you.

Sector Valuations: We will discuss the various investment grade sectors and where and why certain attractive investments exist.

Portfolio Strategy: How an overall portfolio strategy should look now, as well as the tactical opportunities that currently exist.

Relative Value: We will discuss where relative value(s) exist(s) in the market today.

Yield Curve Strategy: Interest rate cycles last for years at a time, and the best way to position your portfolio changes as the curve twists and turns.

Total Return Ideas: We discuss which investment strategies and tactics will help you outperform on a total return basis.

Target Audience:
Governments, Total Return, Banks


Donald Ratajczak, Ph.D.

Consulting Economist, Fixed Income
Fixed Income Research

Possible Topic Title(s):
Current Overview of Global Economy

Brief Topic Description(s):
Join Donald Ratajczak, a Raymond James consulting economist and a well-respected economic forecaster, as he talks in detail about the U.S. and global economy and the driving force behind changes. Donald will share his insight on issues and trends from global economic challenges to international trade, housing and consumer purchasing.

Target Audience:
Economic, Credit Unions, Banks, Total Return, Governments


Rick Spell

Managing Director
Whole Loans

Possible Topic Title(s):
Economics of Loan Origination, History of Loans Pre-Recession to Post-Recession, The Role of FNMA/Freddie Mac or other New Entities in the New Mortgage World, The Evolving World of Credit Unions in the Secondary Loan Area

Brief Topic Description(s):
Subjects above will be tailored individually upon request where not self-explanatory

Target Audience:
Banks, Credit Unions


Richard Szalkowski

Senior Vice President, Municipal Credit Analyst
Municipal Credit and Strategy Group

Possible Topic Title(s):
Nonprofit Hospital and Health Systems

Brief Topic Description(s):
Analyzing nonprofit hospital and health system credits. Reviewing credit trends and spreads for nonprofit hospitals and health systems.

Target Audience:
Governments, Banks, Total Return


John Toohig

Managing Director
Whole Loans

Possible Topic Title(s):
What’s Working & Whole Loan Sales 101

Brief Topic Description(s):
The whole loan markets are rapidly changing. What is the future of FNMA/FHLMC and what does lending look like without them? What is the impact of QM on lending? Is private securitization ever going to return? The Raymond James Whole Loan Desk can help with execution and analysis in today’s rapidly changing market for residential 1-4 family, commercial, consumer (auto and light truck), second lien HELOCs, credit cards, and even scratch and dent or non-performing loans.

Target Audience:
Banks, Credit Unions


Rick Trent, CPA

Managing Director / Senior Mortgage Analyst
Fixed Income Research

Possible Topic Title(s):
Mortgage Market Issues and Trends, What Are Investors Doing, Portfolio Peer Analysis, Relative Value in MBS for Yield and Total Return Buyers, What Bonds Make Sense to Sell Now?, Portfolio Strategies, Primers on Fixed MBS, ARMs and CMOs, Enhance the MBS Portfolio

Brief Topic Description(s):

Mortgage Market Issues and Trends – GSE Updates, spread, price and prepay risk and trends, current hot topics:

What Are Investors Doing – Summary of buys and sells in bank and CU portfolios

Portfolio Peer Analysis – Quarter-to-quarter and year-to-year yield, WAL/extension/premium/price risk and sector allocation trends

Relative Value in MBS for Yield and Total Return Buyers – Identify best sectors and bond types for risk/return for current rates, rising/declining rates and curve shifts

What Bonds Make Sense to Sell Now? – Analyze the entire portfolio to quickly identify specific underperforming bonds that also make economic sense to trade

Portfolio Strategies – Strategies to improve portfolio performance, tools and reports to identify reinvestment opportunities, timely market commentary and sector analysis

Primers on Fixed MBS, ARMs and CMOs – Basic discussion for beginning investors

Enhance the MBS Portfolio – Baker’s dozen of block and tackle strategies to identify poor performing bonds and improve MBS performance and liquidity

Target Audience:

Banks, Credit Unions, Total Return


Joseph Vandergrift

Managing Director
Fixed Income Strategies

Possible Topic Title(s):
Strategies to Improve Depository Performance
Managing Interest Rate Risk
Prudent Portfolio Management

Brief Topic Description(s):
The presentation will revolve around minimizing interest rate risk while identifying value in the current market.

Target Audience:
Banks, Credit Unions


Elisabeth Vogel

Senior Vice President
Fixed Income Strategies

Possible Topic Title(s):
Navigating the Volatile Interest Rate Environment
What’s Working in the Current Market

Brief Topic Description(s):
Discuss strategies that other depository clients are exploring, tools and reports that are made available to our clients that help with understanding and measuring the risk of their portfolios.

Target Audience:
Banks, Credit Unions


Total Return

Scott Brown, Ph.D.

Senior Vice President, Chief Economist
Equity Research

Possible Topic Title(s):
The Economic Outlook

Brief Topic Description(s):
- General Economic Outlook
- Employment
- Inflation
- Federal Reserve Policy / Interest Rates
- Fiscal Policy

Target Audience:
Economic, Governments, Banks, Total Return, Credit Unions


Orrin Edwards

Senior Vice President
Fixed Income Strategies

Possible Topic Title(s):
Negative Convexity: Its Impact on Your Portfolio
Optimizing Your Portfolio’s Performance
Portfolio Management Resources: Are you taking full advantage of available resources?

Brief Topic Description(s):

Negative Convexity:  How convexity (negative) affects your portfolio’s earnings/yield, cash flow, unrealized gain/loss in shocked scenarios over time

Optimizing Your Portfolio’s Performance (depositories, municipalities, insurance companies):  With earnings at a premium and minimizing unrealized portfolio losses imperative, have an action plan of how to position your portfolio for maximum institution benefit

Portfolio Management Resources: Are you taking full advantage of available resources? (Depositories, municipalities, insurance companies): Maybe there’s too much information, analytics and opinions available, but make sure you have a plan to efficiently and effectively maximize your time and your portfolio’s contribution to your institution.

Target Audience:
Banks, Governments, Total Return


Paula Federman

Managing Director, Corporate Credit Analyst
Corporate Credit and Strategy

Possible Topic Title(s):
Trends in Financial Institution Credit and Bond Values

Brief Topic Description(s):
Relative value within bank and insurance sectors; trends in credit from a market, regulatory, interest rate, business development and asset quality perspective

Target Audience:
Total Return


Hunter Meisenheimer, CFA®

Senior Vice President
Total Return and Insurance Strategies

Possible Topic Title(s):
Total Return Strategy
Relative Value in the Current Market

Brief Topic Description(s):
Portfolio Strategy, Relative Value, Yield Curve Strategy, Total Return Ideas

Target Audience:
Total Return


Carl E. Moerbe, CFA®

Managing Director, Senior Agency Analyst
Fixed Income Research

Possible Topic Title(s):
State of the GSEs – An Update on the Four Largest Government Sponsored Entities from an Investor’s Perspective

Brief Topic Description(s):
Covering Fannie Mae, Freddie Mac, FHLB and FFCB, this presentation will provide timely updates on each GSE’s status, current events and market implications for investors. From fundamental business models to current government involvement and market conditions, investors should stay apprised of the direction of the agencies to make both informed investment decisions and have the ability to keep relevant oversight committees up to date on their investments.

Target Audience:
Governments, Banks, Total Return, Credit Unions


Lawrence Petrucci, CFA®

Managing Director, Structured Products Analyst
Structured Products Credit and Strategy

Possible Topic Title(s):
Student Loan: Underlying Forces
Are CLOs a Product For You? – Myth and Mystery Debunked

Brief Topic Description(s):
Student loans fueled the U.S. education system for nearly 50 years and now represent more than a trillion dollars of obligations. Government-backed loans originated under the Federal Family Education Loan Program, or FFELP, were securitized into structured tranches that offer quality investment performance supported by an explicit U.S. government guarantee of at least 97%.

Collateralized Loan Obligations surfaced around 1990. Since then, these vehicles have provided investors of all types robust returns through varying economic conditions and business cycles. Learning the “How’s and Why’s” can provided new opportunities across a spectrum of investors.

Target Audience:
Banks, Total Return


Ellis Phifer, CFA®, CMT

Managing Director
Total Return and Insurance Strategies

Possible Topic Title(s):
Fixed Income Strategies for the Current Economic Environment, Sector Valuations, Portfolio Strategy, Relative Value, Yield Curve Strategy, Total Return Ideas

Brief Topic Description(s):
Fixed Income Strategies for the Current Economic Environment: There’s always some uncertainty in the market. This presentation helps you make sense of what is affecting the market and the best ways to position your portfolio to take advantage of what the market is giving you.

Sector Valuations: We will discuss the various investment grade sectors and where and why certain attractive investments exist.

Portfolio Strategy: How should an overall portfolio strategy look now, as well as the tactical opportunities that currently exist.

Relative Value: We will discuss where relative value(s) exist(s) in the market today.

Yield Curve Strategy: Interest rate cycles last for years at a time, and the best way to position your portfolio changes as the curve twists and turns.

Total Return Ideas: We discuss which investment strategies and tactics will help you outperform on a total return basis.

Target Audience:
Governments, Total Return, Banks


Donald Ratajczak, Ph.D.

Consulting Economist, Fixed Income
Fixed Income Research

Possible Topic Title(s):
Current Overview of Global Economy

Brief Topic Description(s):
Join Donald Ratajczak, a Raymond James consulting economist and a well-respected economic forecaster, as he talks in detail about the U.S. and global economy and the driving force behind changes. Donald will share his insight on issues and trends from global economic challenges to international trade, housing and consumer purchasing.

Target Audience:
Economic, Credit Unions, Banks, Total Return, Governments


Richard Szalkowski

Senior Vice President, Municipal Credit Analyst
Municipal Credit and Strategy Group

Possible Topic Title(s):
Nonprofit Hospital and Health Systems

Brief Topic Description(s):
Analyzing nonprofit hospital and health system credits. Reviewing credit trends and spreads for nonprofit hospitals and health systems.

Target Audience:
Governments, Banks, Total Return


Rick Trent, CPA

Managing Director / Senior Mortgage Analyst
Fixed Income Research

Possible Topic Title(s):
Mortgage Market Issues and Trends: What Are Investors Doing, Portfolio Peer Analysis, Relative Value in MBS for Yield and Total Return Buyers: What Bonds Make Sense to Sell Now?, Portfolio Strategies, Primers on Fixed MBS, ARMs and CMOs, Enhance the MBS Portfolio

Brief Topic Description(s):
Mortgage Market Issues and Trends – GSE updates, spread, price and prepay risk and trends, current hot topics

What Are Investors Doing – Summary of buys and sells in bank and CU portfolios

Portfolio Peer Analysis – Quarter-to-quarter and year-to-year yield, WAL/extension/premium/price risk and sector allocation trends

Relative Value in MBS for Yield and Total Return Buyers – Identify best sectors and bond types for risk/return for current rates, rising/declining rates and curve shifts

What Bonds Make Sense to Sell Now? – Analyze the entire portfolio to quickly identify specific underperforming bonds that also make economic sense to trade

Portfolio Strategies – Strategies to improve portfolio performance, tools and reports to identify reinvestment opportunities, timely market commentary and sector analysis

Primers on Fixed MBS, ARMs and CMOs – Basic discussion for beginning investors

Enhance the MBS Portfolio – Baker’s dozen of block and tackle strategies to identify poor performing bonds and improve MBS performance and liquidity

Target Audience:
Banks, Credit Unions, Total Return


Governments

Scott Brown, Ph.D.

Senior Vice President, Chief Economist
Equity Research

Possible Topic Title(s):
The Economic Outlook

Brief Topic Description(s):
- General Economic Outlook
- Employment
- Inflation
- Federal Reserve Policy / Interest Rates
- Fiscal Policy

Target Audience:
Economic, Governments, Banks, Total Return, Credit Unions


Orrin Edwards

Senior Vice President
Fixed Income Strategies

Possible Topic Title(s):
Negative Convexity: Its Impact on Your Portfolio

Optimizing Your Portfolio’s Performance

Portfolio Management Resources: Are you taking full advantage of available resources?

Brief Topic Description(s):
Negative Convexity: How convexity (negative) affects your portfolio’s earnings/yield, cash flow, unrealized gain/loss in shocked scenarios over time

Optimizing Your Portfolio’s Performance (depositories, municipalities, insurance companies):  With earnings at a premium and minimizing unrealized portfolio losses imperative, have an action plan of how to position your portfolio for maximum institution benefit

Portfolio Management Resources: Are you taking full advantage of available resources? (Depositories, municipalities, insurance companies): Maybe there’s too much information, analytics and opinions available, but make sure you have a plan to efficiently and effectively maximize your time and your portfolio’s contribution to your institution.

Target Audience:
Banks, Governments, Total Return


Carl E. Moerbe, CFA®

Managing Director, Senior Agency Analyst
Fixed Income Research

Possible Topic Title(s):
State of the GSEs – An Update on the Four Largest Government Sponsored Entities from an Investor’s Perspective

Brief Topic Description(s):
Covering Fannie Mae, Freddie Mac, FHLB and FFCB, this presentation will provide timely updates on each GSE’s status, current events and market implications for investors. From fundamental business models to current government involvement and market conditions, investors should stay apprised of the direction of the agencies to make both informed investment decisions and have the ability to keep relevant oversight committees up to date on their investments.

Target Audience:
Governments, Banks, Total Return, Credit Unions


Ellis Phifer, CFA®, CMT

Managing Director
Total Return and Insurance Strategies

Possible Topic Title(s):
Fixed Income Strategies for the Current Economic Environment, Sector Valuations, Portfolio Strategy, Relative Value, Yield Curve Strategy, Total Return Ideas

Brief Topic Description(s):
Fixed Income Strategies for the Current Economic Environment: There’s always some uncertainty in the market. This presentation helps you make sense of what is affecting the market and the best ways to position your portfolio to take advantage of what the market is giving you.

Sector Valuations: We will discuss the various investment grade sectors and where and why certain attractive investments exist.

Portfolio Strategy: How an overall portfolio strategy should look now, as well as the tactical opportunities that currently exist.

Relative Value: We will discuss where relative value(s) exist(s) in the market today.

Yield Curve Strategy: Interest rate cycles last for years at a time, and the best way to position your portfolio changes as the curve twists and turns.

Total Return Ideas: We discuss which investment strategies and tactics will help you outperform on a total return basis.

Target Audience:
Governments, Total Return, Banks


Donald Ratajczak, Ph.D.

Consulting Economist, Fixed Income
Fixed Income Research

Possible Topic Title(s):
Current Overview of Global Economy

Brief Topic Description(s):
Join Donald Ratajczak, a Raymond James consulting economist and a well-respected economic forecaster, as he talks in detail about the U.S. and global economy and the driving force behind changes. Donald will share his insight on issues and trends from global economic challenges to international trade, to housing and consumer purchasing.

Target Audience:
Economic, Credit Unions, Banks, Total Return, Governments


Richard Szalkowski

Senior Vice President, Municipal Credit Analyst
Municipal Credit and Strategy Group

Possible Topic Title(s):
Nonprofit Hospital and Health Systems

Brief Topic Description(s):
Analyzing nonprofit hospital and health system credits. Reviewing credit trends and spreads for nonprofit hospitals and health systems.

Target Audience:
Governments, Banks, Total Return

eFolio®

eFolio® is the first truly interactive proprietary online portfolio management system for institutions, giving you constant access to your portfolio and Raymond James’ inventory and research. Interact with your portfolio online, run what-if scenarios, shock your portfolio using interest rate assumptions and more.