Independent Consultant; President, CZP Associates, Inc.
M.B.A., finance, Harvard University
Summary of Experience
Mr. Porten is a Chartered Financial Analyst and investment expert with more than 30 years of experience in portfolio management of hedge funds and mutual funds, as well as due diligence procedures and fund compliance issues. He is familiar with the laws, regulations, and professional standards governing portfolio management and brings an extensive knowledge of broker-dealer, registered investment advisor, and bank trust environments. In investment-related litigation matters, he has examined portfolios for compatibility with investors' stated risk profiles and has sought to identify fiduciary improprieties by investment advisors, broker-dealers, and trustees. As an expert, he has been retained by the US Securities and Exchange Commission, and has testified on behalf of major financial institutions and plaintiffs regarding fiduciary duty, analyst responsibilities, standards of care, due diligence, suitability, and supervision with respect to products such as mutual funds, hedge funds, ERISA accounts, and trust and investment portfolios. Mr. Porten's background includes senior roles at several leading financial institutions, including chief investment officer at both Citibank and IBJ Schroder Bank & Trust, and portfolio manager at Neuberger Berman.