Robert Stovall, CFA Managing Director & Global Strategist, Wood Asset Management, Inc

Robert Stovall, Managing Director and Global Strategist for Wood Asset Management, Inc., began his career on Wall Street as a messenger for Reynolds and Company during summer vacations from Seton Hall Prep.  He joined E. F. Hutton and Co. in 1953 as Junior Securities Analyst, becoming the Partner responsible for Research from 1961 through 1967.  Subsequently he was Research Director of Nuveen Corporation in 1968-69 and rejoined Reynolds as a Partner in Marketing and Research in 1969.  After sixteen years with what became Dean Witter Reynolds, he became President of Stovall Twenty First Advisers, Inc., a money management firm, in September 1985 through January 2000.  He joined Prudential Financial as a Senior Market Strategist in February 2000 through 2002.  In early 2003 he joined Wood Asset Management in Sarasota, Florida.

As an active media contributor, he was a panelist on WALL STREET WEEK WITH LOUIS RUKEYSER (subsequently “Louis Rukeyser’s Wall Street”) from 1976 through 2004. He was elected to that program’s “Hall of Fame” in 1995.  He is also a commentator on CNN, CNBC-TV, Bloomberg, Fox, AP Radio and PBS Nightly Business Report.  He has been a regular columnist for such publications as FORBES and FINANCIAL WORLD.

A graduate of the Wharton School, University of Pennsylvania with a BS in Economics- 1948, Mr. Stovall studied Political Economy at the University of Copenhagen, Denmark in 1948-49.  He earned a Masters of Business Administration from New York University in 1957. In 1998, he was elected a director of the National Council on Economic Education.  He has been a member of the Board of Trustees of New York University.  Since 1985, he has been a Professor of Finance at NYU’s Stern Graduate School of Business teaching his “investment strategies” course.  Since 1988 he has been a regular lecturer at Stetson University’s George Investment Program as well.  Mr. Stovall was Chairman of the Securities Industry Institute at the Wharton School (1985-1987) and is a Life Trustee.