This presentation explores the findings of the SPIVA Scorecard, a robust, widely-referenced research piece conducted and published by S&P DJI that compares actively managed funds against their appropriate benchmarks on a semiannual basis. We’ll also clear up common misconception about active and passive investing. Attendees will leave this session better informed about investing and better prepared to make effective decisions with their investments.


Mark Murphy, Chief Investment Officer, Raffa Investment Advisers
Dennis Gogarty, President, Raffa Investment Advisers


Program Description Nonprofit & Associations: Active vs. Passive Investing
Important Notice Regarding CPE:
Learning Objectives

Nonprofit leaders will learn definitions of both passive and active investing and each of their respective implications, performance expectation differences, fees involved/risks involved, pros and cons of each investment style, and common misconceptions.

Instruction Delivery Method Group Internet Based
Recommended CPE Credit 1 Hour
Recommended Field of Study Specialized Knowledge
Prerequisites None
Program Level Basic
Advance Preparation None
Cancellation Policy You may cancel your registration at any time prior to the event.
Complaint Resolution Policy For more information regarding refund, concerns and program cancellation policies, please contact our offices at [email protected].

Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.