The founder of James Investment Research, one of the largest investment firms in the area, has died.
Frank James Jr., founder and chairman of the firm based near Xenia, had died Wednesday, his family and firm said in a statement.
The firm stated it has no intention of any major changes and has more than $2.7 billion in assets under management.
“Dr. James brought wisdom and integrity to the job every day and the firm plans to continue in his footsteps. He has always emphasized doing what is right for the client and giving every client our best,” the company stated.
A visitation will be held on Saturday, March 16 at the Dayton Vineyard Church in Beavercreek at 10 a.m.
At James, he developed a team of seven other portfolio managers. The firm has been run by Barry James, president and CEO since 2002. The company will remain with the James family.
James earned his Ph.D. from Rensselaer Polytechnic Institute in 1967. The results of his research in identifying securities with high probability of future appreciation continue to be used in the firm today.
James was also formerly in charge of the graduate management program and a professor of management and statistics at the Air Force Institute of Technology.
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