A First Foundation Blog

Louis P. Abel, CFA, CAIA, Chief Investment Officer

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Mr. Abel serves as chief investment officer, chair of the investment committee and chair of the alternative investment sub-committee for First Foundation Advisors. Through his cumulative roles, Mr. Abel leads the firm’s economic and market outlook and overarching investment strategy – including decisions on strategic and tactical asset allocation, and manager selection. Mr. Abel has over 25 years of investment experience. Prior to joining First Foundation in 2010, he served as senior portfolio manager for U.S. Trust. While there, he was responsible for managing nearly $600 million for individuals, family offices, foundations and municipalities; and served as a member of the Global Wealth and Investment Management Advisory Board. Past positions also include senior portfolio manager for Wells Fargo Private Bank; senior portfolio manager for Husic Capital Management, where he co-managed more than $1.3 billion in assets for clients such as Coca-Cola and Stanford University; and more than a decade with Engemann Asset Management, where he spearheaded the firm’s international investment effort, managing a global equity mutual fund and serving as a member of the investment committee. Mr. Abel began his career as an analyst at Wilshire Associates, where he served on the consulting team for major pension fund clients such as CalPERS and CalSTRS. Mr. Abel serves as an ambassador for Professional Child Development Associates, where he was previously a member of the Advisory Board and Board of Directors. He was also previously the chair of the Finance Committee and served on the Board of Trustees for the Pacific Asia Museum (now named the USC Pacific Asia Museum), and the Board of Directors of Southwest Chamber Music. Mr. Abel completed Stanford University’s Executive Program on Investment Management, earned an MBA in international finance, graduating with honors, from UCLA’s Anderson School of Management, and holds a Bachelor’s degree in economics from the University of California, San Diego. Mr. Abel also holds the Chartered Financial Analyst® (CFA) designation and the Chartered Alternative Investment Analyst (CAIA) charter.

Recent Posts

Investment Commentary Investments & Economy Grow

Market Action Update: Stormy Weather

The stock market rebounded Monday morning after last Friday’s wild ride. Investors are breathing a sigh of relief after President Trump made some constructive comments on the trade negotiations with China during a press conference at the G7 meeting in France. However, we can’t declare that we’re out of the woods just yet. The sharp sell-off in stocks last Friday was caused by a dramatic escalation of the trade war between the U.S. and China...

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Investment Commentary Investments & Economy Grow

Market Action Update: The Hawks Take the Upper Hand

As of this writing, the Dow Jones Industrial Average has plunged over 750 points. The NASDAQ and S&P 500 are both down close to 3%. Today’s decline is coming on the heels of last week’s 3% drop in the equity markets. Prior to last week, the markets had been flying high. Why the sudden change of sentiment?

The volatility began last week with the Fed’s move to lower interest rates. While the Fed’s decision to cut rates by a quarter of a..

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Investment Commentary Investments & Economy Grow

Hawks Versus Doves

After the tumultuous winter of 2018, when virtually every asset class declined and stocks suffered a bear market in the fourth quarter, the spring recovery (chronicled in our previous commentary, Early Bloom) has continued into the summer months of this year. The S&P 500 rose 3.8% in the second quarter and has gained 17% year to date, posting its best performance in 22 years. However, it hasn’t been an entirely smooth ride in 2019. As our..

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