Dallas-based broker-dealer 1st Global announced Monday that Dr. Arthur B. Laffer, “Father of Supply?Side Economics” and inventor of the Laffer Curve, will be an economic advisor to the firm’s investment committee and executive management team.
According to the company, Laffer will provide analysis and advice regarding the current economic environment and its implications for not only the general business climate but also its impact on the decisions made by the 1st Global IMS investment committee.
“Dr. Laffer thinks like a tax professional,” said 1st Global CEO Tony Batman, when asked about the genesis of the relationship. “He understands the incentives and motivations for the decisions investors make. Since we are a firm focused on helping our advisor partners with CPA, tax and estate planning issues, he is a natural fit.”