Distinguished N.Y. Executive Appointed as Trustee

GREENWOOD VILLAGE, COLORADO—The National Endowment for Financial Education (NEFE) has selected prominent New York businessman Martin Jaffe to serve on its 16-member board of trustees. Jaffe, chief operating officer of New York-based Silvercrest Asset Management Group, LLC, will serve on the board of the nonprofit organization for the next three years.

“I am excited at the opportunity to participate in the extremely important public service mission of NEFE—a pursuit which is guiding Americans toward a more secure future,” said Jaffe on his designation to the NEFE Board of Trustees. “My entire professional career has been focused on helping people make smart financial decisions and this appointment will allow me to continue this activity on a much broader scale.”

During 2008, Jaffe will participate in committees related to NEFE programs and governance. Joining Jaffe on the NEFE Board of Trustees this year is John Woerner, senior vice president of Strategic Planning and Business Development at Minneapolis, Minnesota-based Ameriprise Financial Services, Inc.

“In order for NEFE to succeed in achieving its purpose, it is essential to have an energetic and dynamic leadership assembly in place,” said Ted Beck, president and CEO of the Colorado-based National Endowment for Financial Education. “With the addition of Mr. Jaffe to an already highly-regarded group of individuals, we are effectively positioned to advance this all-important work not only to individuals, but to society as a whole.”

In 2002, Jaffe co-founded Silvercrest, a wealth management firm that oversees more than $8.5 billion in assets. Prior to his current occupation, he served as chief operating officer of DLJ Asset Management Group, and then as chief financial officer of Credit Suisse Asset Management, LLC, after Credit Suisse acquired DLJ in November 2000.

The arena of financial education is not unfamiliar to Jaffe, who is a Certified Financial Planner™ (CFP®). He is a long-time participant and board member of the International Association for Financial Planning (now known as the Financial Planning Association), of which he held the post of president and chairman of the board from 1994 to 1996. He has also served as chairman of the Foundation for Financial Planning (FFP), an organization that NEFE has partnered with since 2006 as administrator of FFP’s grants program. Jaffe currently serves as chairman of the New York City College of Technology Foundation, and previously spent more than 20 years as an adjunct associate professor of financial planning at New York University.

After receiving his MBA from Pace University in New York, Jaffe began his career in the wealth management industry serving as chief financial planning officer at U.S. Trust Company, where he was in charge of the tax, financial and estate planning departments. He then joined Mitchell Hutchins, where he assumed responsibilities of private client business that he later moved over to Wood, Struthers & Winthrop (WSW), the investment management subsidiary of DLJ. By 1992, Jaffe had assumed the position of chief operating officer at WSW, which would later become DLJ Asset Management Group.



  • Paul Golden

    Media Relations Director

    Direct: 303-224-3514
    Cell: 303-918-3620
    [email protected]

  • Patricia (Pat) Seaman

    Senior Director of Marketing and Communications

    Direct: 303-224-3538
    [email protected]