Julia is the head of Wilshire Consulting and is a member of Wilshire’s Board of Directors. Julia joined Wilshire Associates in1991; she then moved to Wilshire Analytics in 1993 and in 1996, started Wilshire’s European Analytics business in London. In 1999, Ms. Bonafede headed Wilshire Analytics’ U.S.-based client service group located in Wilshire’s New York and Santa Monica offices.

Ms. Bonafede has a B.S. in Marketing from the University of Colorado and an M.B.A. in Finance and Entrepreneurship from the Marshall School of Business at the University of Southern California. She is a member of the CFA Institute and is a founding member of the United Kingdom Society of Investment Professionals. Her publications include, "The Wilshire 5000 Total Market Index: The Logistics Behind Managing Broad-Based Indexes," Journal of Indexes, 3rd Quarter 2003; and "A Multi-Period Linking Algorithm that Has Stood the Test of Time," The Journal of Performance Measurement, Volume 7: Number 1.

Mr. Bensur joined Wilshire in 1991 to work with the firm’s consulting clients. He also serves on the Board of Directors of Wilshire Associates. He earned a BA from Westminster College and holds the Chartered Financial Analyst designation. He also is active in the ICFA and Pittsburgh Society of Financial Analysts.

Mark joined Wilshire in 1997, to work with Wilshire's consulting clients, including corporate, foundation, endowment, and public funds. He earned a BA from Yale University, and an MS from Carnegie Mellon University. He also holds the Chartered Financial Analyst designation.

Michael rejoined Wilshire in 2004 to work with the firm's consulting clients, including public, corporate and endowment funds. Michael holds BS degrees in Finance and Economics from Carnegie Mellon University and an MBA degree from the University of Notre Dame.

Steve joined Wilshire Associates in 1994. He currently directs research activities for Wilshire Consulting and is Chair of Wilshire Consulting’s Investment Committee. Before joining Wilshire Consulting, Steve spent 9 years in Wilshire Analytics where he developed and supported equity attribution and risk models. Steve holds a BS degree in finance from Lehigh University and an MBA degree in finance and accounting from the University of Texas at Austin.

Ted joined Wilshire in 2005 to provide strategic marketing support for the consulting division. Prior to joining Wilshire, Mr. Hermann has worked for more than ten years in marketing with companies such as Kimberly-Clark Corporation, H.J. Heinz Company and Carnegie Museums of Pittsburgh.

Mr. Hermann holds a BS in Communication Studies from Northwestern University, and an MBA with a concentration in marketing from the University of Pittsburgh: Joseph M. Katz Graduate School of Business.

Andrew Junkin joined Wilshire in 2005 to work with the firm's consulting clients. Prior to joining Wilshire, Mr. Junkin was director of research and senior consultant at Asset Services Company where he provided advice to institutional investors. He began his career as a financial consultant with Merrill Lynch in Oklahoma City.

Mr. Junkin earned a BS from Oklahoma City University, attended business school at the University of Oklahoma and earned his MBA from The Wharton School of the University of Pennsylvania. He holds the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations.

David joined Wilshire in 2001 to work with Wilshire’s consulting clients, including corporate, foundation, endowment, and public funds. He earned a BS from the University of Pittsburgh, and an MBA from Carnegie Mellon University. He also holds the Chartered Financial Analyst designation.

Stephen joined Wilshire in 2003 and is the head of Wilshire Consulting's Asset Allocation Group. Stephen holds a BS in Mathematics from the University of New Orleans, and is currently pursuing a Fellowship in the Society of Actuaries.

Eileen joined Wilshire in 1988, to work with the firm’s foundation and public fund clients. She earned a BS from the University of Arizona and an MBA from Chapman University. She also holds the Chartered Financial Analyst designation.

Jim joined Wilshire in 1999 to work with Wilshire's consulting clients, including corporate, foundation, endowment, and public funds. He earned a BS and an MBA from the University of Pittsburgh. He also holds the Chartered Financial Analyst designation.

Maggie joined Wilshire in 2002 to work with the firm’s consulting clients, including public, corporate, and endowment funds. Maggie earned her MBA in finance from Cornell University and holds the designation of Chartered Financial Analyst.

Michael joined Wilshire in 1999, and currently works with Wilshire’s corporate, foundation and public fund clients. He earned a BA from Princeton University and an MBA from the University of Chicago. He also holds the Chartered Financial Analyst designation.

Karyn, who joined Wilshire Associates in 2001, currently provides investment consulting services to corporate defined benefit and defined contribution plans, foundations and endowments, and insurance companies. Before joining Wilshire Consulting, Karyn directed Wilshire’s innovative risk budgeting research. Previously, she coordinated development of Wilshire’s next generation of analytical products and the quality assurance efforts that underpin the firm’s investment analytics solutions.

Prior to joining Wilshire, Karyn taught corporate finance and financial derivatives, and co-directed the Financial Engineering program at the Peter F. Drucker Graduate School of Management at Claremont Graduate University. She is a graduate of Arizona State University where she earned a BS in Economics and a PhD in Finance.

Howard joined Wilshire in 1985 to work with the firm’s corporate consulting clients. He also serves on Wilshire’s Board of Directors. Howard earned a BA from the University of California, Los Angeles, and an MBA from Pepperdine University.

Felicia joined Wilshire in 2006 to provide investment consulting services to the firm’s corporate, public, foundation and endowment clients in the Pittsburgh office. Prior to joining Wilshire, Felicia had responsibility for over $5 billion of global defined benefit, defined contribution and foundation assets. She earned a BA in Political Science & German from Allegheny College and an MBA with concentrations in finance and economics from Carnegie Mellon University. Felicia has more than fifteen years of investment industry experience.

Amy joined Wilshire in 1999 and currently provides consulting client support and supervises the performance team in the Pittsburgh office. She received a BS from the Clarion University of Pennsylvania.

Ali joined Wilshire in 2001 working in product development with Wilshire Total Fund Analytic products Wilshire SpectrumSM and Wilshire iQuantumSM. Since 2006 he has been based in the Wilshire London office coordinating the client servicing support for the Total Fund Analytics clients in Europe until his return to Wilshire's Santa Monica office in 2009 where he provides support for risk management consulting client as well as overseeing the performance measurement and data operations groups. He holds a B.S. from the University of California, San Diego.

Mike joined Wilshire Associates in 2005 to work with the investment consulting clients of Mark Brubaker. He earned a BBA degree as a finance major from the University of Notre Dame, and an MBA with a concentration in finance from Carnegie Mellon’s Tepper School of Business.

Prior to joining Wilshire, Mike worked in the Benefits Investment and Financing group at PPG Industries, Inc., and also at Hewitt Associates in defined contribution services. Mike holds the Chartered Financial Analyst designation.

Sharon joined Wilshire in 2004 to provide client communications and marketing support to the consulting division. She earned her BA from the University of Colorado, Boulder.

Mike joined Wilshire Associates in 2001. He currently conducts investment research within Wilshire Consulting. Mike spent 6 years in the industry before joining Wilshire, working for another consulting company and an investment management firm. Mike holds BS and MSIA degrees from Carnegie Mellon University.

Tom joined Wilshire in 2004 after graduating from the USC Marshall School of Business with a concentration in finance/capital markets. Prior to business school he worked in New York for a fixed-income asset manager, Fischer Francis Trees and Watts. Tom received his BA in political science/international relations from University of California, San Diego.

Russ joined Wilshire in 1988 and currently serves as Consulting Team Liaison for Wilshire's Performance Measurement Group. His prior duties included heading Quality Assurance for Wilshire's Analytics Division, as well as client service and support for several Analytics software applications. Russ holds a BA in Hispanic Language and Literature from the University of Pittsburgh.

Lawrie joined Wilshire in 2006 to provide onsite consulting services to a client of Wilshire Consulting. Lawrie received her MBA from Vanderbilt University with concentrations in finance and accounting and her BS from Trinity University in San Antonio, TX. Prior to joining Wilshire, Lawrie was a Commodities Analyst at Noranda Aluminum.

Alex joined Wilshire Consulting in 2006 and provides investment consulting services to the firm's corporate, public, foundation and endowment clients. As a former team member of the Investment Research Group, he co-authored papers in the fields of real assets, fixed income, and general investment finance and currently serves on the asset class committees for Private Real Estate & Infrastructure and Natural Resources & Commodities. Alex completed his MBA in corporate and investment finance from USC's Marshall School of Business and received his BS in Economics from University of Oregon. Prior to joining Wilshire, Alex worked as a private wealth management consultant.

Joe joined Wilshire in 2005 to provide client service support in the Pittsburgh office. Joe is a CFA and CAIA charterholder and a member of the CFA Institute, the CFA Society of Pittsburgh and the CAIA Association. Joe earned a BS in Business Administration and an MBA from Duquesne University.

Mark Peng joined Wilshire in 2008 to support consulting clients in the area of asset / liability studies. Prior to joining Wilshire, Mark was an actuarial analyst with Citi Assurance and with Chicago Consulting Actuaries. He earned a Masters in Actuarial Science in 2000 from the University of Georgia, and is an Associate of the Society of Actuaries, a Member of the American Academy of Actuaries.

Jason joined Wilshire in 2005 and provides analytical support to consulting clients and also supervises the performance teams in Santa Monica and Denver. Prior to joining Wilshire, Jason worked at MFS for five years. He earned his B.A. from Ithaca College.

Karim joined Wilshire in 2009 to provide investment consulting services to the firm's corporate, public, foundation and endowment clients. Prior to joining Wilshire, Karim was an investment analyst at First Q Capital focusing on investing in private equity-backed public equities. As an analyst, Karim served as a generalist with industry experience in oil & gas equipment/services, industrials, dry bulk shipping and bedding. Karim earned a B.A. in Economics and Business Management from the University of California, Santa Cruz and an M.B.A from the Stanford Graduate School of Business, where he was awarded the Soros Fellowship and the Robert Toigo Fellowship.

Justin joined Wilshire in 2009 to provide onsite consulting services to a client of Wilshire Consulting. He received his M.B.A. from the University of North Carolina's Kenan-Flagler Business School and B.A. from the University of Virginia. Prior to joining Wilshire, Justin was a Senior Research Analyst at CTC Consulting. He is a CFA charterholder and a former market reporter.

Ting joined Wilshire in 2003 and provides client service to the firm's consulting clients, including corporate, public and endowment funds. Ting received a BA in Economics from the University of California at Berkeley.