Loretta R. and Marshall E. Blume

Marshall E. Blume: B.S., Mathematics, 1963 Board of Trustees, 1980-1986 Alumni Achievement Award, 1998 Presidential Advisors, 2014-Present Wall of Honor inductee, 2014 Dr. Marshall E. Blume is a seasoned investment strategist with expertise in risk management and the pricing of financial assets. His success can be traced back to the promise he showed as an undergraduate majoring in mathematics at Trinity College, where he also ran track, was business manager of The Tripod, and was a member of the Economics Club and Delta Kappa Epsilon. After graduating in 1963 he went directly to the University of Chicago on a scholarship, where he received an M.B.A. and Ph.D. Since then he has been an engaged member of the Trinity community, serving on the Board of Trustees from 1980 until 1986, receiving the 1998 Alumni Achievement Award, and providing funds with his wife Loretta to endow the Blume Family Scholarship Fund. He has also been a member of the Presidential Advisors since 2014.   In 2000, he and his wife named the Blume Language & Culture Center in honor of their daughter Caroline Blume Sanderson, who graduated from Trinity in 1992 with a degree in Asian studies. After a summer program at Middlebury College to study Chinese, Caroline concluded that Trinity needed a high quality language lab to maintain a first-class language program.  The Center, located in the Raether Library and Information Technology Center, is a 20-seat computer classroom designed to promote innovative approaches toward the teaching and learning of language and culture.

Marshall is widely recognized in his field and has advised corporations such as AT&T and ExxonMobil on investment strategies. Marshall spent many years at the Wharton School at the University of Pennsylvania, retiring as the Howard Butcher III Professor, Emeritus, of Financial Management.  He served as director of the Rodney L. White Center for Financial Research and chairman of the Finance Department. Additionally, Marshall has taught internationally at the New University of Lisbon, the Stockholm School of Economics, the Free University of Brussels, and the European Institute for Advanced Studies in Management in Brussels.  

Beyond teaching, Marshall serves on the boards of the Measey Foundation and the CPA REITs.  He is a member of Standard & Poor’s Academic Advisory Board and was chairman of the NASD Economic Advisory Board.  He has been the managing editor of the Journal of Finance, the official publication of the American Finance Association, and an editor of several academic journals, including the Journal of Financial Economics, the Journal of Portfolio Management, and Journal of Fixed Income. In 1982 he cofounded Prudent Management Associates, an investment advisory firm that currently manages one billion dollars in assets for high-net-worth individuals and non-profit organizations.

Marshall and his wife Loretta currently live in the Philadelphia area and enjoy sailing.