President and Chief Investment Officer
Mr. Proctor founded Prudent Man Investment Management, Inc. in 1988 and serves as the firm's President and Chief
Investment Officer. He attended Brunswick College, University of Colorado at Denver and Metropolitan State College
of Denver. Before founding the firm, Mr. Proctor was an Associate Vice President of Prudential Bache Securities,
Inc., specializing in Investment Management Consulting for pension and profit sharing plans. Prior to his affiliation with
Prudential Bache Securities, Inc., he was a financial planner with another New York Stock Exchange member firm,
having entered into the securities business as a stockbroker. He began his career in the financial community in 1975
as a mortgage banker.
Mr. Proctor was a charter member of the Investment Management Consultants Association ("IMCA") in 1985 and through
the auspices of that organization, he completed a course of study in Pension Funds and Investment Management at
the Wharton School of Business at the University of Pennsylvania. That course of study, along with his experience at
Wall Street firms, persuaded Mr. Proctor that the emphasis by the members of IMCA on asset manager selection
as an essential component of value added was invalid. He ultimately withdrew from his association with IMCA, and
instead pursued investment consulting through the firm, premised on the concepts of the effecient market hypothesis.
Mr. Proctor has been a speaker before numerous groups on topics concerning the economy, asset allocation, Modern
Portfolio Theory, and establishing investment objectives and policy. Mr. Proctor has also been quoted in the Wall
Street Journal. Mr. Proctor's clients have included corporations, municipalities, unions, law firms, medical groups,
family trusts and high net worth individuals
