Mallory Factor
Encyclopedia
Merchant bank
A merchant bank is a financial institution which provides capital to companies in the form of share ownership instead of loans. A merchant bank also provides advisory on corporate matters to the firms they lend to....
and financial relations consultancy that he founded in 1976. Mr. Factor and his firm advise companies in a wide range of industries including biotechnology
Biotechnology
Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...
, financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
and manufacturing.
Early career and education
Prior to establishing Mallory Factor, Inc., Factor served as a supervisor of management consulting services at Coopers & Lybrand (now PricewaterhouseCoopersPricewaterhouseCoopers
PricewaterhouseCoopers is a global professional services firm headquartered in London, United Kingdom. It is the world's largest professional services firm measured by revenues and one of the "Big Four" accountancy firms....
). He holds a B.A. in biochemistry from Wesleyan University
Wesleyan University
Wesleyan University is a private liberal arts college founded in 1831 and located in Middletown, Connecticut. According to the Carnegie Foundation for the Advancement of Teaching, Wesleyan is the only Baccalaureate College in the nation that emphasizes undergraduate instruction in the arts and...
and attended Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...
’s Graduate Business and Law Program.
Professorships
He held adjunct professorships at the School of Continuing and Professional Studies at New York UniversityNew York University
New York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...
from 1992 to 1996, and at the Graduate School of Management and Urban Professions at the New School for Social Research from 1985 to 1992. Factor is the John C. West Professor of International Politics and American Government at The Citadel in Charleston, SC.
The Monday Meeting and the Free Enterprise Fund
Factor is the founder and co-chair of the Monday Meeting, a nationally-recognized gathering of elected officials, journalists, business leaders and conservative authors in New York CityNew York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, and a similar gathering in Charleston, SC known as The Charleston Meeting. Previously, he served as chairman of the Free Enterprise Fund, a free market “do” tank advocating economic growth, lower taxes and limited government.
The Council on Foreign Relations and the Joint Chiefs of Staff Economic Roundtable
He is a member of the Council on Foreign RelationsCouncil on Foreign Relations
The Council on Foreign Relations is an American nonprofit nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs...
and recently served as Vice-Chair of the Council on Foreign Relations Task Force on Terrorism Financing. He has frequently testified in front of the U.S. House of Representatives and the United States Senate
United States Senate
The United States Senate is the upper house of the bicameral legislature of the United States, and together with the United States House of Representatives comprises the United States Congress. The composition and powers of the Senate are established in Article One of the U.S. Constitution. Each...
on terror financing, regulation of the financial services industry and other economic issues. Mr. Factor chaired the Economic Roundtable for the Chairman of the Joint Chiefs of Staff and led the 2009 Economic Summit for the U.S. House Republican Conference and Policy Committee in Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
Kronos Advisory, LLC
Factor is a founder of Kronos Advisory, LLCKronos Advisory, LLC
Kronos Advisory, LLC is a U.S.-based company that, according to Dun & Bradstreet, conducts business in the areas of national security and international affairs. According to the firm’s website , Kronos is a strategic advisory firm established in 2011 by Medal of Honor recipient James E...
, a U.S.-based company that, according to Dun & Bradstreet
Dun & Bradstreet
Dun & Bradstreet is a Fortune 500 public company headquartered in Short Hills, New Jersey, USA that provides information on businesses and corporations for use in credit decisions, B2B marketing and supply chain management...
, conducts business in the areas of national security
National security
National security is the requirement to maintain the survival of the state through the use of economic, diplomacy, power projection and political power. The concept developed mostly in the United States of America after World War II...
and international affairs
International affairs
International affairs may refer to:* Diplomacy* International relations* International Affairs Association* International Affairs , a peer-reviewed academic journal first published in 1924...
. According to the firm’s website (www.kronosadvisory.com), Kronos is a strategic advisory firm established in 2011 by Medal of Honor
Medal of Honor
The Medal of Honor is the highest military decoration awarded by the United States government. It is bestowed by the President, in the name of Congress, upon members of the United States Armed Forces who distinguish themselves through "conspicuous gallantry and intrepidity at the risk of his or her...
recipient MajGen James E. Livingston, USMC (Ret)
James E. Livingston
Major General James Everett Livingston is a retired United States Marine Corps general. He was awarded the United States' highest military decoration—the Medal of Honor—for heroic actions in 1968 during the Vietnam War. Maj Gen Livingston served on active duty in the Marine Corps over...
, Factor, and counter-terrorism
Counter-terrorism
Counter-terrorism is the practices, tactics, techniques, and strategies that governments, militaries, police departments and corporations adopt to prevent or in response to terrorist threats and/or acts, both real and imputed.The tactic of terrorism is available to insurgents and governments...
advisor Michael S. Smith II
Michael S. Smith II
Michael S. Smith II is a counter-terrorism advisor to members of the United States Congress, gray area phenomena subject-matter expert, and a founder of Kronos Advisory, LLC, a U.S.-based firm established in 2011 by Medal of Honor recipient MajGen James E...
to “deliver global stakeholders the situational awareness solutions they require to address strategic and tactical threats to their interests.”
Additional career accomplishments
He was Chairman of the New York Public Asset Fund from 2002 to 2006 and Vice-Chairman of Governor’s Island Preservation and Education Corporation from 2006 to 2007. Factor was a member of the Board of Governors of the New York State Banking DepartmentNew York State Banking Department
The New York State Banking Department was created by the New York Legislature on April 15, 1851, with a chief officer to be known as the Superintendent...
from 2001 to 2007. From 1987 to 1988, he was a member of the Federal Savings and Loan Advisory Council for the Federal Home Loan Bank. He has been an underwriting member of Lloyd’s of London since 1987.
Committees
Factor is an active member of a number of corporate and not-for-profit boards. He has also been involved in Broadway theater for many years in a volunteer capacity. He has served on the Tony Awards Administration Committee since 2003, served on the Tony Awards Management Committee from 1999 to 2003, and served as a Tony Awards nominator from 1996 to 1999. He also served as a member of the US Air Force, Air Mobility Command Civic Leader Group. Factor has served as a Senior Fellow for the US House of Representatives Republican Policy Committee from 2007 to 2011.Publications
Factor has written widely on economic and financial issues for publications including the Wall Street Journal, Christian Science Monitor, National ReviewNational Review
National Review is a biweekly magazine founded by the late author William F. Buckley, Jr., in 1955 and based in New York City. It describes itself as "America's most widely read and influential magazine and web site for conservative news, commentary, and opinion."Although the print version of the...
and newspapers nationwide and is also a Fox News and Forbes Magazine contributor. Factor is the Senior Editor of Money and Politics at TheStreet, Inc. Factor has also appeared on numerous networks and cable stations including Fox News, CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...
, and Bloomberg
Bloomberg L.P.
Bloomberg L.P. is an American privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P...
to discuss finance and politics.
Personal life
Originally from Bridgeport, ConnecticutBridgeport, Connecticut
Bridgeport is the most populous city in the U.S. state of Connecticut. Located in Fairfield County, the city had an estimated population of 144,229 at the 2010 United States Census and is the core of the Greater Bridgeport area...
, Factor resides in Charleston, South Carolina
Charleston, South Carolina
Charleston is the second largest city in the U.S. state of South Carolina. It was made the county seat of Charleston County in 1901 when Charleston County was founded. The city's original name was Charles Towne in 1670, and it moved to its present location from a location on the west bank of the...
with his wife, Elizabeth, and their five children.