Philip S.L. Chao
Principal and Founder
Philip Chao established Chao & Company, Ltd. in 1990 to provide organizations and institutions with the independent and thoughtful investment and financial advice needed as an alternative to the prepackaged solutions offered among conflicted brokers, consultants and advisors. He wanted to make available institutional best practices to help fiduciaries make prudent decisions.
Philip serves as an ERISA investment consultant in a co-fiduciary capacity - as an ERISA Sec 3(21) - so that clients can rely on his advice with full confidence. For retirement plan sponsors, he implements a prudent investment process to meet their fiduciary responsibilities. In the case of managing defined benefit assets, he serves as a full fiduciary under ERISA 3(38).
As the Principal for Chao & Company, Philip serves as the firm’s Chief Investment Officer to set investment guidelines and forward looking capital market assumptions in constructing portfolios for the firm’s wealth management clients as well as foundations and endowments. Philip also serves as an independent trustee for ERISA health and welfare trusts and is a founding member of The Institute for the Fiduciary Standard. His opinions and thoughts frequently appear in InvestmentNews, AdvisorOne and RIAbiz. He is a passionate supporter of and advocate for the fiduciary standard and has met on many occasions with DOL staff in sharing his thoughts and practical applications regarding the ERISA fiduciary redefinition. His public comment to the DOL can be viewed on the DOL website and the SEC website.
Philip earned his Certified Financial Planner designation in 1990 and his Accredited Investment Fiduciary Analyst (AIFA) designation in 2004 from Fi360.
As the Senior Analyst, Eileen serves in an integral and important role for the Firm’s portfolio management and investment advisory services. By working closely with the Firm’s Chief Investment Officer, Eileen helps to establish forward looking capital market assumptions each year.
Eileen is responsible for portfolio construction, review, tactical allocation and rebalancing based on the Firm’s cyclical and secular macro-economic outlook. More importantly, Eileen understands that the Firm’s role as a fiduciary for client assets requires a risk management view and not only a return seeking objective.
Eileen values the relationship and trust that the Firm builds with its clients, and she strives to reinforce that trust through constant monitoring and evaluation to ensure that each portfolio stays on track and within the identified risk profile. Eileen is
responsible for conducting investment and manager search and analysis as well as preparing ongoing quantitative investment and portfolio analysis reports. She is responsible for maintaining the firm’s portfolio management system.
Eileen joined Chao & Company in 1997. Previous to that she was the Assistant Manager for International Business Development at Win Kale Enterprise Co. where she was responsible for budgeting, forecasting and operational analysis.
Eileen received her Bachelor of International Business from the Fu-Jen Catholic University in Taiwan and her MBA in finance from the George Washington University in 1996. Eileen earned her Charted Financial Analyst (CFA) designation in 2000 and is a member of the CFA Society of San Diego.
Client Relationship Director
As the Client Relationship Director, Amanda works every day to add value and respond to clients with a sense of urgency and purpose. Her goal is to delivery timely, accurate and proactive information and responses to clients.
She also serves as the Firm’s Compliance Manager. Compliance is a serious matter for this Firm, and meeting applicable regulations and rules in spirit and in fact is viewed as the minimum threshold for delivering client centric and forward thinking service. In today’s complex and ever changing regulatory and cyber security environment, Amanda is responsible for protecting client information from outsiders on the one hand and safeguarding client assets from conflicts within the Firm on the other hand.
Amanda also reports on current changes in the benefits regulatory environment that may be relevant to clients. She joined Chao & Company in 2005 and continues to be the primary resource for excellent service and compliance for Chao & Company.
Amanda graduated from the University of Maryland with a BA in Economics and George Mason University with an MBA. She is currently in the process of completing her Certified Employee Benefit Specialist Certification (an International Foundation of Employee Benefit Plans sponsored program) from the Wharton School of Business and has currently earned the designation of Group Benefits Associate.
Charles C. Tu, PhD, CFA, LEED AP
Senior Consulting Strategist
Charles Tu is the Daniel F. Mulvihill Professor of Commercial Real Estate at the University of San Diego (USD). He is also Director of the MS in Real Estate program at USDís School of Business Administration. Tu earned his Ph.D. from the George Washington University (GWU) in 1999 with concentrations in finance and real estate, and received the Chartered Financial Analyst (CFA) designation in 2000.
Tu is dedicated to conducting applied research that helps improve business decision-making. Integrating the areas of finance and real estate, Tuís research interest includes asset allocation, derivatives and alternative investments, and real estate capital markets. He has published in Journal of Portfolio Management, Journal of Fixed Income and Journal of Real Estate Portfolio Management on topics such as commercial mortgage-backed securities (CMBS), real estate investment trusts (REITs) and institutional portfolio performance.
In addition to graduate, undergraduate and continuing education courses at USD, Tu teaches advanced real estate finance courses for professional organizations such as the Urban Land Institute (ULI) and the Commercial Real Estate Development Association (NAIOP). He also authored Financial Literacy 101, a book that educates high school students about the importance of finance.