Jaffe Installed as Chairman of NEFE Board

Silvercrest Co-Founder Takes Reins for 2011

Date: January 24, 2011

Contact: Paul Golden 303-224-3514, [email protected]

DENVER—The Board of Trustees of the National Endowment for Financial Education (NEFE) has appointed Martin Jaffe as chairman. Jaffe, who recently retired as chief operating officer of New York-based Silvercrest Asset Management Group, LLC, joined the NEFE board in 2008. He will lead the 15-member financial education advisory group during 2011.

I have been helping individuals improve their financial literacy throughout my entire professional career, beginning with my first position as a financial planner working with senior corporate executives and continuing with my role as an adjunct professor of financial planning at New York University for more than 25 years," recalls Jaffe. "While those positions were very fulfilling, they did not have the impact, breadth and results achieved by those which NEFE offers.

Martin Jaffe, chairman, NEFE Board of Trustees

I am excited and delighted to have this opportunity to make a difference in the financial well-being of all Americans," adds Jaffe.

In 2002, Jaffe, along with Moffett Cochran, co-founded Silvercrest, a wealth management firm that oversees more than $9 billion in assets. Prior to that, Jaffe served as chief operating officer of DLJ Asset Management Group where he was responsible for building and overseeing systems, operations and tax and financial planning activities. He then was named chief financial officer of Credit Suisse Asset Management, LLC, after Credit Suisse acquired DLJ in November 2000. Jaffe began his career at U.S. Trust Company. He later joined Mitchell Hutchins where he was responsible for a significant book of private client business that he moved in 1981 to Wood, Struthers & Winthrop, the investment management subsidiary of DLJ.

A long-time participant and board member of the International Association for Financial Planning (now known as the Financial Planning Association), Jaffe served as president and chairman of the board from 1994-1996. He also has served as chairman of the Foundation for Financial Planning (FFP). Jaffe graduated—and later received his MBA and BBA—from Pace University in New York.

As it is with each member on the NEFE Board of Trustees, Mr. Jaffe brings incredible passion to the field of financial education. Throughout his career, he has demonstrated a wonderful commitment to helping people improve their financial well-being," says Ted Beck, president and CEO of NEFE. "The foundation is fortunate to have extraordinary leadership in place as we continue on our mission."

Richard Woltmann, past chairman of the NEFE Board of Trustees, will continue as chair emeritus for 2011. For more information on NEFE’s board, click here.



  • Paul Golden

    Media Relations Director

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