Patrick is a talented and dedicated investment professional, with a client-centered focus, who wishes to share his investment passion and experience. Patrick is constantly striving for excellence. His unique combination of international experience and strong educational background give him a significant edge when it comes to analytical depth as well as optimizing your wealth. His unique combination of global professional experience, project management and high-level analytical skills bring value to your long-term goals.
Patrick grew up in the city of Toulouse in the south of France. In 1996, Patrick took his early passion for finance to Paris, where he opened an investment club, and managed a portfolio of stocks and mutual funds in Euros. He graduated top of his class, earning his Master of Science in Engineering (EPF Ecole d'Ingenieurs). In the meantime, he discovered how the financial markets worked at BNP Paribas in Chicago, JP Morgan in Paris, and Euronext/NYSE in London and Chicago. His early work experience in financial services impressed upon him the values of excellence and integrity.
In 1999, he relocated to Chicago to work again for Euronext/NYSE, and started to manage a second fund of funds (in U.S. Dollars this time). He also earned a Master of Science in Finance (Illinois Institute of Technology - graduated Beta Gamma Sigma).
In 2000, Patrick joined the prestigious equity team at UBS Global Asset Management-Brinson Partners, which managed $600 billion, where he quickly rose in the ranks. He became the youngest associate investment analyst. Patrick began to develop a reputation for his expertise in equity research and portfolio management. While his education in engineering and finance has given him a solid foundation in financial analytics, it is his thorough understanding of the valuation and investment process and systems that truly set him apart.
After 15 years of helping friends with their investments, he created Bourbon Financial Management, and decided to bring his money management experience to help individuals and families live the life they want. His goal is to give you the best possible chance of having a successful and comfortable retirement. Being competent was no longer enough. He wanted meaning.
Patrick is the top Google search for “Financial Management Chicago."
- 20 Years Investment Experience
- Managed Multi-Billion Portfolio
- BFM Founder (2009)
- PROMANAGE (2010 - 2017)
Chief Investment Officer
Billions in retirement accounts (401k-403b)
- UBS GLOBAL ASSET MANAGEMENT (2000 - 2010)
Formerly Brinson Partners
Director, Analyst/Portfolio Manager
- Adjunct Professor of Finance (Stuart-IIT)
- Chartered Financial Analyst (2003) – see video
- Certified Financial Planner (CFP®) – see video
- Master of Science in Finance
- Master of Science in Engineering
☂ Find more about Patrick on his LinkedIn profile
☂ BFM article in a magazine
"What does CFA mean?"
The CFA designation is an internationally recognized qualification. Its charterholders are required to:
- Place their clients' interests ahead of their own
- Maintain independence and objectivity
- Act with integrity
- Maintain and improve their professional competence
- Disclose conflicts of interest and legal matters
See the CFA video. We lead with honesty and transparency so clients will trust us to guide their financial choices to increase their wealth and well-being.
Patrick is a member of the FPA of Illinois (the largest Financial Planning Association chapter in the country with nearly 1000 members), and of the National Association of Personal Financial Advisors (NAPFA). Both of these organizations advocate helping investors by requiring that anyone that calls themselves out as a financial planner is held to a Fiduciary standard.
CFP professionals are required pass both a comprehensive CFP® Certification Examination, and the CFP Board’s Candidate Fitness Standards, as well as agree to abide by CFP Board’s Code of Ethics and Professional Responsibility which puts clients’ interests first. CFP® certificants are required to complete 30 hours of continuing education every two years.
To join NAPFA Patrick was required to submit a comprehensive financial plan for peer review. He is also required to complete 60 hours of continuing education in six subject areas every two years. A NAPFA-Registered Financial Advisor must sign and abide by the NAPFA Fiduciary Oath, a commitment to work solely in the client’s interest at all times.
Dr. Ben Bernanke, economist at the Brookings Institution, served as Chairman of the United States Federal Reserve (FED) from 2006 to 2014. In 2009, he was named the TIME magazine person of the year.
Jack Bogle, founder and retired CEO of The Vanguard Group, one of the largest mutual fund company in the world. He founded the first index mutual fund available to the public: the Vanguard 500 Index Fund.
Ken Griffin, philanthropist, is the founder and CEO of Citadel, one of the largest and most successful hedge funds in the world. He will give $125 million to the University of Chicago prestigious economics department.
Dr. Daniel Kahneman, expert in decision-making, was awarded the Nobel Memorial Prize in Economic Sciences. He is the author of the best seller Thinking, Fast and Slow which is one of the best book Patrick has ever read.
Dan Fuss, CFA has 57 years of experience and has been with Loomis Sayles since 1976. He is vice chairman and manages bond funds. Dan received both the Institutional Investor Money Management Lifetime Achievement Award and the Lipper Excellence in Investing Award.
Dr. Mohamed El-Erian, Chief Economic Advisor at Allianz, was the CEO and Co-Chief Investment Officer of PIMCO from 2007 to 2014. He is also columnist for Bloomberg View and contributing editor at the Financial Times.
Ralph Wanger, CFA, is one of the greatest investors. He was the founder, manager and president of the Acorn Fund (1970-2003). The fund had the best 40-year performance (1970-2010) of any fund (outperformed the S&P 500 by 4% per year).
Dr. Michael Hasenstab, Chief Investment Officer, portfolio manager of Templeton Global Bond since 2001. He is one of the largest bond managers in the world (more than $200 billion in 2015). He also summited Mount Everest.
Dr. Eugene Fama, is known for his work on portfolio theory, asset pricing and stock market behaviour. He was awarded the Nobel Memorial Prize in Economic Sciences in 2013.
Rob Arnott is the founder and chairman of Research Affiliates (more than $150B of assets) and the portfolio manager of the PIMCO All Asset fund. He is an investor and writer (100 articles) who focuses on articles about quantitative investing.
Gary Brinson is the founder of Brinson Partners. Gary has been called one of the investment field's "Living Legends". He was chief investment officer of UBS Asset Management. He received the Award for Professional Excellence from the CFA Institute.
Jeremy Grantham co-founded GMO in 1977 and is a member of GMO's Asset Allocation team, serving as the firm's chief investment strategist. GMO is managing more than $70 billion in assets. He began his investment career as an economist with Royal Dutch Shell.
Jean-Marie Eveillard is a senior advisor to the First Eagle Global team ($100B of assets). From 1979-2004, he was the portfolio manager (outperformed the market by 4.4% annualized). In 2003, he received a Lifetime Achievement Award from Morningstar.
Bill Nygren is the manager of the Oakmark, and the Oakmark Global Select funds. He is the CIO for U.S. Equities at Harris Associates ($140B under management), which he joined in 1983. From 1991 to 2018, the S&P 500 went up 13 times while the Oakmark fund went up 26 times.
Dr. Myron Scholes, is known for his work on option theory (Black & Scholes pricing model) and derivatives. He was awarded the Nobel Memorial Prize in Economic Sciences in 1997.
BOARD OF ADVISORS
Michel has close to forty years of investing experience. He started his career with the Banque Neuflize Schlumberger Mallet (NSM, now part of ABN Amro). Then, he joined the BNP Paribas Group and became managing director of a brokerage firm and president of an investment advisory firm. He was also on the board of directors of a mutual fund until 2014. Michel was deputy mayor of Neuilly sur Seine (1983-2014). He is "Chevalier de la Légion d’Honneur".
In 1989, Michel invited Patrick to discover the "Palais Brongniart" and the Paris Stocks Exchange. Following this visit, Patrick developed a passion for the financial markets.
Michel has a Master's degree in Business and Economics from ESSEC, and former student of the CFAF. He is a honorary member of the " Société Française des Analystes Financiers (SFAF)".
Ivan Leveille Nizerolle, CFA, FRM
Ivan has close to thirty years of experience. He began his career with Banque du Bâtiment et des Travaux Publics in the treasury Department. In 1989, he moved to the Crédit Agricole Group as a derivatives products and interest rate trader on the French and German markets. He moved to Chicago in 1999 and was an analyst focusing on the arbitrage and multi-strategy managers based in North America, before becoming a Senior Portfolio Manager, Managing Director of Credit Agricole Asset Management Alternative Investments (CAAM AI), which had $15 billion under management.
He is an expert in asset allocation and mutual funds due diligence. Ivan has the French equivalent of a Masters from the University Paris-Dauphine in Financial Markets and Business Management. He also has a Master's degree in Economics from the University of Paris-Sorbonne and a Masters in Engineering from the Ecole Nationale des Travaux Publics (ESTP).
Former member of the French ski team (9 years), Caroline won a world cup race in downhill and participated in two Olympic Games. She was a trader for 25 years at Crédit Agricole and Société Générale specializing on interest rates and electronic trading.
Her “high risk” experience in ski and trading, taught her that decision making process, emotions, psychology, and ethics, are the keys to success... or failure. She is the author of a book dedicated to psychology, and financial decision making “Financiers sur le divan”. Today, Caroline is a therapist and a business consultant.
Caroline holds three degrees in Economics, Marketing, and Psychology from Paris-Dauphine, Assas, and Toulouse Universities, and an MBA from HEC.
Gilles de Barbeyrac
Gilles joined Caceis in 2014 and work as a Credit Risk Analyst, a depositary bank that is part of the Crédit Agricole group. Gilles has spent his whole career in credit risk and market risk functions. Gilles worked in the Risk Management department of Calyon Financial (a derivatives brokerage firm that merged with Fimat in 2008 to form Newedge) from 1999 to 2008. He became its Counterparty Risk Manager in 2006.
Gilles is now the Credit Risk Manager of RBC Investor Services BankFrance, a depositary bank which is part of the Royal Bank of Canada group.
Gilles also successfully passed the CFA exam in 2004 (Level 3). He holds a bachelor’s degree in finance from University Paris Dauphine and an MBA in finance from Loyola University Chicago.
Laurent brings more than fifteen years of experience in financial markets serving both Buy-side and Sell-side global institutions. Most recently Laurent joined Bloomberg’s Portfolio Risk & Analytics product team to focus on the development and commercialization of Bloomberg’s portfolio capabilities. Laurent started his career in Chicago as an Interest Rates Specialist for ABN AMRO fixed income investment portfolio. Then he moved to London in senior portfolio specialist roles within investment banking research departments at Citi and Lehman Brothers. Laurent transitioned in 2008 as a Director to Barclays Capital Index, Portfolio & Risk solutions team.
Laurent holds an MSc in Computer Sciences from Paris-Dauphine University and an MBA in Finance from the University of Chicago, Booth School of Business.
Fabienne brings over 15 years of senior international expertise in the area of Strategy, Operations, Business infrastructure/transformation, Compliance and International business expansion. She started her career within Euronext Group (formerly SBF – Bourse de Paris) where she led a number of leadership and consultancy roles in Europe, the US and APAC, including 2 years in Chicago, where she was part of the team, which worked on the technology swap between Euronext and the CME (trading/clearing). Then she moved to Switzerland and expanded her know-how to the brokerage, banking and insurance sectors. She worked for key global players such as Interactive Brokers, Credit Suisse, E*TRADE, SwissRe or UBS, and held senior management positions as Head of Regional Business and/or Operations. She is currently acting as Management Consultant.
Fabienne holds a Master's degree in Business Administration and Management. She is passionate about “making business work” in profitable, sustainable, and socially responsible ways.
Steve Moffitt, PhD
Steve has over 30 years’ experience in markets as a “quant”, trader, and instructor at the Stuart School of Business (Illinois Institute of Technology). Prior to that he was a systems analyst at NASA during the Apollo missions to the moon, a chess and backgammon champion and a research biostatistician at Emory University.
These diverse experiences led him to approach markets as a quantitative gambler, culminating in a soon-to-be published two volume (~1,000 pages) set "The Strategic Analysis of Financial Markets." His goals in "retirement" are to publish more about how traders think about markets and to use principles of psychology and statistics to develop new trading systems.
Steve was Patrick’s professor of behavioral finance in 1999. He has an MA in theoretical mathematics and Ph.D in statistics.
Sagar is currently Managing Director and Head of Chicago for MKM Partners. Sagar previously served as a Director in the Global Markets Group at Deutsche Bank where he was a top ranked Institutional Equity Salesperson. Prior to Deutsche Bank, Sagar spent nearly four years at UBS Investment Bank in the Equities Group. He also held positions as an Associate Quantitative Analyst at UBS Global Asset Management and as a Business Analyst at Morgan Stanley’s Discover Financial Services Group. He has a broad background in business development and has built a vast network of executives that stretches across the globe.
In his personal time, Sagar is an Adjunct Professor at the IIT Stuart School of Business in Chicago teaching a course on Investment Banking, Global Markets and Hedge Funds. Sagar also gives back to the community as a member of the Board of Directors of the Israel Idonije Foundation, and is an active supporter of the Cystic Fibrosis Foundation, the Foundation for Educating Children with Autism, as well as a variety of other nonprofits.
Sagar received an MBA from the University of Chicago Booth School of Business, and he graduated from University of Michigan with a Bachelors in Economics. He is also a licensed Illinois Real Estate Managing Broker and holds multiple securities licenses.
Zoe was a Global Equities Portfolio Manager with over 20 years of investment experience with UBS Global Asset Management. She was a Managing Director and managed equity teams in London and Zurich.
Zoe holds a Master in Economics (magna cum laude) and a Master in Public Law (summa cum laude) from University of Zurich.
We can't predict but we can help you prepare.
PATRICK IN THE MEDIA
- Ethics and Integrity Rebuilding The World's Financial Structure
- Financial Planner Patrick Bourbon Reveals How He Overcame His Small Business’s Biggest Obstacle: Gaining People’s Trust
- Mysteries of the stock market and how we can invest in our future (Illinois Institute of Technology)
- 2nd Annual Banking Industry Roundtable on Opportunities in Today’s Financial Markets
- Interview with VoyageChicago
- 2018 Tax and Wealth Management Conference at the UFE de Seattle (Slides - Video)
- 2018 Tax and Wealth Management Conference at the UFE de Seattle (Video)
- 2018 Tax and Wealth Management Conference at the Alliance Française de Milwaukee
- 2018 Tax and Wealth Management Conference at the Alliance Française de St. Louis
- 2018 Tax and Wealth Management Conference at the Alliance Française de Minneapolis/St Paul
- 2018 Tax and Wealth Management Conference at the Lycée Français de San Francisco
- 2017 MIHCA conference
- 2017 Tax and Wealth Management Conference at the Lycee Francais de Chicago (Slides - Video)
- BFM, une analyse personnalisée pour vos besoins
- Fiscalité et gestion de patrimoine pour les français résidents aux Etats-Unis
- Français des USA, Préparez votre Déclaration Fiscale (Tax Update)
- Qu’est-ce que je Risque à ne pas Payer mes Impôts aux USA?
- Compte Bancaire Fermé pour « Américanité »
- Planifier son Futur aux Etats-Unis
- Lutte Contre la Fraude Fiscale : Les Recettes Américaines
- Movement of French Abroad
- Guiding Foreign Investors Through U.S. Laws (video)
- Tax and Wealth Management for French Expatriates in the USA
- How to Manage your International Wealth
ASSET MANAGERS WE WORK WITH
Our disciplined fund/ETF selection process is based on qualitative (investment team, investment process, firm…) and quantitative factors (fees, after-tax long-term performance, downside capture, information/Sortino/Sharpe ratios, volatility, concentration, turnover, correlations with other strategies…).
We have met with over 400 managers in New-York, Chicago, San Francisco, Los Angeles, Paris, London, Tokyo, Hong-Kong…
OUR CLIENTS HAVE ACCOUNTS WITH
When your needs become more complex, we have relationships with a group of experts (in the U.S. and Europe) who are available to help you on specific issues.
These experts include Accountants/CPAs, Tax Attorneys, Estate Planning Attorneys, Real Estate Brokers, Commercial Bankers, Mortgage Bankers, and Insurance Agents.
“Chance favors only the prepared mind.” - Louis Pasteur