Edwin C. Callan
August 30, 1920 - March 28, 2009
In a career that spanned more than six decades, Edwin C. Callan got his start in the brokerage business in 1946, working at Brush, Slocumb & Co. and then Mitchum, Jones & Templeton. In 1966, he created the investment measurement division at Mitchum and is considered to be one of the founders of the investment measurement business when investment monitoring tools were first in development. With a group of colleagues, he purchased the investment measurement division from Mitchum in 1973 and formed an independent consulting firm named Callan Associates Inc. Under his leadership, Callan would become one of the largest independently-owned investment firms in the country, pioneering many industry firsts including: daily time-weighted rates of return/performance attribution; peer oversight review committees; manager style-based peer groups; holdings-based domestic equity style analysis and portfolio characteristics; and the Callan Investments Institute.