Back to Investment Advisor Forum

Patrick Collins, PhD, CFA®, CLU®

Founding Principal of Schultz Collins

On-Demand Session 5:

Monitoring, Evaluating, and Managing a Retirement Income Portfolio

This session focuses on evaluating retirement income portfolios in an asset/liability framework. Metrics of interest are initial and continued feasibility of the investor’s retirement income goals, continued sustainability of the investor’s income targets throughout the applicable planning horizon, and the investor’s financial security against unanticipated expenses. Client goals may include income, gifting, and bequest objectives. The monitoring and evaluation process encompasses both investment simulation modelling and actuarial calculations. Client reporting is relative to specific often, multiple objectives. The advisor reports periodic progress towards or away from the client-defined goals. Reports illustrate a variety of asset management elections as either bull or bear markets emerge.



Patrick Collins, PhD, CFA®, CLU®, is a founding principal of Schultz Collins. He taught the portfolio management course in the Masters in Financial Analysis degree program as an adjunct professor in the School of Management at the University of San Francisco. Previously, Mr. Collins taught both the Beginning and Advanced Portfolio Theory sections in the CFA program, as well as CFA Level Three courses in investment policy for institutional investors, asset allocation, and portfolio trading and investment strategies. Mr. Collins has taught the Investments in Financial Planning course in the  (CFP®) program as an adjunct professor at the University of Baltimore, as well as the asset management course for the Certified Employee Benefit Specialist degree program sponsored by The Wharton School at the University of Pennsylvania. Additionally, he has presented MCLE-approved programs to both the Tax Section and the Estate and Probate Section of the Bar Associations of San Francisco, Alameda, and Los Angeles counties. He has been nominated five times as a faculty member at ALI-CLE (formerly, ALI-ABA) national conferences on “Representing Estate and Trust Beneficiaries and Fiduciaries.” Mr. Collins provides litigation support services for disputes involving both investment and insurance issues within a fiduciary law context. He is a member of the CFA Institute, The Security Analysts of San Francisco, and the Society of Financial Service Professionals. He earned a PhD in English and a Professional Designation in Financial Planning from the University of California, Berkeley.


    • Co-author of articles published in Trusts & Estates Magazine, Real Property Probate & Trust Journal, the Journal of Asset Protection, the Journal of Financial Planning, Insurance Law, California Trusts and Estates Quarterly, ACTEC Journal, The Journal of Financial Services Professionals, Maryland Bar Journal, Banking Law Journal, Wealth Strategies Journal, The Journal of Investing, Retirement Management Journal, and other journals.