James Elkins

Faculty Associate
Faculty
TEMPE Campus
Mailcode
3906

Biography

James B. Elkins

35182 N. Indian Camp Tr
Scottsdale AZ 85266

917-699-6725

jbelkins7@hotmail.com

A foremost authority on Institutional Trading and Global Trade
Cost Analysis.

In 1991, Mr Elkins co-founded Elkins/McSherry, LLC with Richard
McSherry and served as President of the firm. Elkins/McSherry
specialized in global trading cost studies for many of the world’s
largest pension funds, investment managers, banks, and brokers.
Over the course of 20 years Elkins/McSherry conducted studies for
more than 800 institutions and served as a consultant for five of the
largest global stock exchanges. Some of the firms most significant
achievements were the introduction of global bond trading cost
analysis covering more than 32,000 global bonds and the first
successful Foreign Exchange (FX) global transaction cost analysis
system.

Following the sale of a majority stake of Elkins/McSherry LLC to State
Street Bank in 1999, Mr Elkins continued to serve as company
President and remained a member of the Board of Directors. Mr Elkins
also founded and managed the Elkins/McSherry trading desk (which
was merged into State Street Brokerage Services in 1999) and
continued to oversee all trading at their first New York branch office
until his retirement in 2004.

Upon completion of Mr Elkins Bachelor of Science degree at NYU
Stern School Of Business (1962-1966), he spent 10 years as a floor
partner on both the New York Stock Exchange (NYSE) and American
Stock Exchanges (ASE) subsequently leaving the floor to become
Head Trader at Abel/Noser Corporation where he managed all trading
activity and established their institutional trading desk. While there he
was instrumental in developing the Volume Weighted Average Price
(VWAP) which became the recognized industry standard.

In 2009 Mr Elkins decided to come out of retirement and become an
Independent Consultant (Elkins Consulting LLC) specializing in
Institutional Trading and Transaction Cost Analysis.

The following is a list of some noteworthy assignments:

Dec 2009-Jan 2011- Reviewed the Institutional Global Trading of BNY/
Convergex.

May 2011-May 2014- Initial project was to conduct a SWOT analysis
of the Russell Investments multi-venue agency execution services
offering and was kept on to continue identifying opportunities to
enhance their overall business.

Jan 2015- Became an Adjunct Professor at Arizona State University
(ASU) W.P. Carey School of Business teaching the coarse “Trading in
Financial Securities”.

July 2016-March 2017- Senior Advisor at Greenwich Associates to the
CEO and the partners.

May 2017- Conducted a full analysis of trading practices, policies and
procedures at the Arizona State Retirement System (ASRS) for the
Director, CIO, PM’s and Traders.

Courses

Spring 2017
Course NumberCourse Title
FIN 494Special Topics
Spring 2016
Course NumberCourse Title
FIN 494Special Topics
Spring 2015
Course NumberCourse Title
FIN 494Special Topics