Financial Risk Management, LLC

Led by Robert E. Brooks, provides an independent perspective to various financial challenges

Selected examples of Financial Risk Management, LLC assignments include:

Financial Risk Management, LLC seeks to make financial theory work in practice. Typically, the main things are the plain things. An independent perspective is provided that identifies weaknesses as well as provide improvements to your current financial risk management practices.
Robert E. Brooks

Robert E. Brooks

President

Financial Risk Management

Biography

Robert E. Brooks, Ph.D., CFA is the President of Financial Risk Management, LLC, a financial risk management consulting firm focused on market risks. Brooks has retired from a 37-year career as a finance professor focused on financial risk management.

Brooks has consulted with major public utilities, energy companies, auditing firms, corporations, investment bankers, elected municipal officials, and commercial bankers regarding managing financial risks, derivatives valuation and software development. Brooks has served as an expert witness in several court cases and enjoys speaking opportunities on various aspects of finance, particularly the intersection of worldview and finance. For more details, click the CV tab on the top of this page.

Specific information regarding litigation support
Testimony Experience   

Selected publications (books, articles, and op-eds)
Selected Publications   

Unpublished opinion editorials
Opinion Editorials   

Interests

  • Financial Valuation
  • Financial Risk Management
  • Financial Derivatives
  • Applied Philosophy (to finance)

Education

  • PhD in Finance, 1986

    University of Florida

  • BSc in Finance, 1981

    Florida State University

Selected Experiences

 
 
 
 
 

Board Member and a Founding Partner

Keel Point, LLC

Jun 2003 – Jan 2015 Huntsville, Alabama
Founded as Blue Creek Investment Partners, LLC and merged with Keel Point, LLC in 2015.
 
 
 
 
 

Various Professor of Finance Positions

The University of Alabama

Jun 1989 – May 2023 Tuscaloosa, Alabama

Responsibilities include:

  • Academic financial research
  • Teaching quantitative finance (including R programming language)
  • Coordinating the Master of Science in Finance program
 
 
 
 
 

President

Financial Risk Management, LLC

Jan 1989 – Present Tuscaloosa, Alabama
Making Theory Work in Practice.

Skills

R, C++

30+ years

Financial Risk Management

Independent Perspective

Litigation Support

Rigorous yet Clear

Books and Articles

Selected publications with associated links. See CV for complete listing.

Foundations of the Pricing of Financial Derivatives Theory and Analysis

In Foundations of the Pricing of Financial Derivatives Theory and Analysis two expert finance academics with professional experience deliver a practical new text for doctoral and masters’ students and also new practitioners. Available in January 2024.

Introduction to Derivatives and Risk Management

This book is written for college undergraduate students and entry-level financial analysts seeking to improve their understanding of financial derivatives and risk management.

Building Financial Risk Management Applications with C++

This book is written for college graduate students and entry-level financial analysts. No prior knowledge of C++ programming is assumed.

Samuelson Hypothesis, Arbitrage Activity, and Futures Term Premiums

Based on ten U.S. commodity futures and by capturing the dynamics of the futures volatility terms structure with three factors, we show that in most markets the strength of the Samuelson effect varies with inventory levels.

An Option Valuation Framework Based on Arithmetic Brownian Motion Justification and Implementation Issues

We examine arithmetic Brownian motion as an alternative framework for option valuation and related tasks.

Current Projects

Various Stages of Development

The goal is to eventually sychronize this material and provide a template for learning different topics across academic levels or simply learning the fields of financial derivatives and financial risk management at a specified level. For the most up-to-date information, see http://robertebrooks.org/#EducationProjects.

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Introduction to Derivatives and Risk Management

We introduce the vast financial derivatives markets to novice students in hopes that it will stimulate your interest in the wild world of financial derivatives.

Building Quantitative Finance Applications with R

Because of the dynamic nature of financial markets, financial analysts need to be able to rapidly adapt their valuation and risk management models to changing times. Financial analysts now can express their ideas in prototype R code. The goal of this book is to assist in helping you develop quantitative financial models as well as to express them in R.

Foundations of Pricing Financial Derivatives

We introduce the vast financial derivatives markets to PhD students in hopes that it will stimulate your interest in research related to financial derivatives as well as aid in your future research agenda, even if your agenda is not explicitly financial derivatives.

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