Jim Kaffen President
James P. Kaffen is President of Sortino Investment Advisors and brings more than 25 years experience in investment sales and marketing to the firm. After graduating from Stanford University, Mr. Kaffen held management positions with Wharton Econometrics Forecasting Associates, Morgan Stanley, Citicorp, and Palley Needleman. His search for a state-of-the-art investment management platform for the investment consultant market led to the founding of Sortino Investment Management. Mr. Kaffen is a Chartered Financial Analyst (CFA) Level 2 candidate.Dr. Frank A. Sortino Director Emeritus
Dr. Frank A. Sortino, Director Emeritus, is Professor of Finance emeritus at San Francisco State University. He founded the Pension Research Institute in 1981 as a non-profit organization, focusing on problems facing fiduciaries. When Dr. Sortino retired from teaching in 1997, the University authorized PRI’s privatization as a for-profit think tank.PRI, founded in 1981, has conducted research projects with firms such as Shell Oil Pension Funds, Netherlands; Fortis, Netherlands; Manulife, Toronto, Canada; Twentieth Century Funds, City & County of San Francisco Retirement System, Marin County Retirement System, and The California State Teachers Retirement System. The results of this research have been published in many leading financial journals and magazines.
Prior to teaching, Dr. Sortino was in the investment business for more than a decade and was a partner of a New York Stock Exchange firm and Senior V.P. of an investment advisory firm with over $1 billion in assets. He is known internationally for his published research on measuring and managing investment risk and the widely used Sortino ratio. Dr. Sortino serves on the Board of Directors of the Foundation For Fiduciary Studies and writes a quarterly analysis of mutual funds for Pensions & Investments magazine. Dr. Sortino earned an MBA from U.C. Berkeley and a Ph.D. in finance from the University of Oregon.