Author Archives: Michael McMillan, CFA

Michael McMillan, CFA, is director of Ethics and Professional Standards at CFA Institute, where he is responsible for creating, sourcing, and developing educational content for CFA Institute members and investment professionals in the area of ethics and professional standards. Previously, he was a professor of accounting and finance at Johns Hopkins University’s Carey School of Business and George Washington University’s School of Business. Prior to his career in academia, McMillan was a securities analyst and portfolio manager at Bailard, Biehl, and Kaiser and at Merus Capital Management. He is a certified public accountant (CPA) and a chartered investment counselor (CIC). McMillan holds a BA from the University of Pennsylvania, an MBA from Stanford University, and a PhD in accounting and finance from George Washington University. Topical Expertise: Financial Statement Analysis · Standards, Ethics, and Regulations (SER)

Ariel’s Mellody Hobson: Why Patience and Diversity Lead to Better Investing

In a wide ranging discussion, the president of Ariel Investments explained how her firm’s investment philosophy, corporate culture, and concern for society have contributed to its success. Read More

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A Three-Step Framework for Analyzing Defined Benefit Pension Plans

To determine the true economic status of a company’s plan, investors must look beyond the pension expense number on corporate income statements, says Credit Suisse’s David Zion, CFA. Read More

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