Before becoming the “L” in ELM Advisors in 2005, Lorne spent five years as a portfolio manager and financial advisor at Smith Barney. In the seven years prior to that, Lorne was a principal at Spare, Kaplan, Bischel & Associates, a San Francisco institutional investment advisor.
Lorne has been quoted in Fortune magazine, Marketwatch.com and various other business news media. He has also presented to CPAs, estate attorneys and other financial advisors on the mechanics of index exchange-traded funds (ETFs).
Socially responsible investing (SRI) is both a passion and area of expertise for him. The Journal of Investing has published his quantitative work on the subject and the study has been cited in various other publications internationally. Subsequently, it was one of 20 key studies reviewed in a joint report published by the United Nations Environment Programme Finance Initiative and Mercer Consulting.
Lorne earned a B.A. from Rutgers College, where he graduated Phi Beta Kappa and Magna Cum Laude, and an M.B.A. from the Wharton School of the University of Pennsylvania.
He is a Chartered Financial Analyst and a Certified Financial Planner®. Lorne is also a member of the CFA Institute, CFA Society of San Francisco, and Financial Planning Association.
He currently serves his community on the Jewish Community Endowment Fund Professional Subcommittee as well as the Investment Committees of both the San Francisco Jewish Home and Senior Living Foundation and Rhoda Goldman Plaza, a non-profit assisted living community in San Francisco. Lorne also is a Board Member of the San Francisco Arts Education Project, which brings artists-in-residence to over 20 San Francisco schools and provides summer camps and after-school/weekend programs.
Outside of the office, the mild-mannered Lorne transforms into a passionate Deadhead and jazz fan. He also enjoys rooting for the New York Mets and New York Giants.