A recipient of the financial industry’s prestigious William F. Sharpe Index Lifetime Achievement Award, and many other industry accolades, Ron Ryan is a respected financial asset/liability expert. He is the CEO and founder of Ryan ALM, Inc., a bond asset/liability advisory and bond index firm that provides major financial indexes and strategies for pensions and ETFs. With a background that includes creator of three fixed income firms, director of research at Lehman Brothers, head of Texas’ largest fixed income trust department, and security analyst at Louisiana’s largest institutional investment entity, he is eminently qualified to sound the alarm on the state of the current U.S. pension crisis. Over the span of his 45+ year career, Ryan and his associates have designed and implemented numerous bond indexes and investment strategies.