--Cortez Will Be Recognized as Part of the College’s Virtual Academic Excellence Award Ceremony--
October 21, 2020 — The Queens College President’s Medal—the college’s highest administrative honor—will be awarded to distinguished alumnus Ricardo “Rick” L. Cortez, a financier and asset management specialist, at the college’s annual Academic Excellence Award Ceremony. The event, which is being held virtually this year, recognizes student scholarship. It will take place on Thursday, October 22, at 7 pm. Cortez will also deliver the keynote address.
“I’m honored to present the first president’s medal of my tenure to alumnus Ricardo Cortez,” says Queens College President Frank H Wu. “A great success story and valued member of the Queens College family, Cortez has accomplished a level of achievement and service to the community that makes us proud and which makes him a role model for our students.”
A 1972 cum laude graduate with a BA in mathematics, Cortez went on to become certified as an Investment Management Analyst (CIMA) at the Wharton School in 1993. He is the co-chief executive officer of Broadmark Asset Management, where he is primarily responsible for business development as well as management of the firm’s sales and marketing efforts.
“I graduated from Bayside High School in 1967, and perhaps like some Queens College students, I was the first in my family to go to college,” says Cortez. “I applied to three schools: Columbia, St. Johns, and Queens. I was accepted at all three, but my parents, who did not have a lot of money, thought Queens College was by far the best choice. They turned out to be right.”
As Broadmark Asset Management co-CEO, Cortez shares in the oversight of the firm’s business operations. Additionally, he is a member of the investment team and serves as the firm’s chief risk officer. Cortez joined Broadmark in 2009 as president of global distribution and was named co-CEO in 2013.
Prior to Broadmark, Cortez was president of the private client group at Torrey Associates, LLC. He has held roles including vice president at Goldman Sachs as a product manager for the firm’s global multi-manager strategies program, and senior vice president at Prudential Investments overseeing product development and sales for the investment management services division.
Cortez joined the QC Business Advisory Board in 2009 and served for a time as its chairman. He has since stepped down as chairman but continues to serve on the board. Cortez has returned to campus multiple times as a guest lecturer in the Risk Management graduate program at QC.
An adjunct faculty member at Harvard University, Cortez has been a guest lecturer on investment policy and hedge funds at the Wharton School, University of Pennsylvania. Since 2014, he has volunteered his time and expertise to American Corporate Partners helping veterans make the transition to the private sector through mentor-mentee programs. In addition, he serves as an executive education mentor for the Money Management Institute.
A trained classical guitarist, Cortez performed on tours in the 1970s. He continues to play for pleasure and collects guitars. Cortez is also interested in physics and philosophy. An essay he wrote highlighting his principles was referenced in the 2019 book by space philosopher and author Frank White, The Cosma Hypothesis: Implications of the Overview Effect. Cortez is also a long-time tennis fan.
About Queens College
Queens College produces more education graduates who become principals, teachers, and counselors for the city’s public schools than any other college in the metropolitan area. The college contributes to the local talent pool as a powerful economic engine and a leader in tech education. Students from across the country and around the world are attracted to study at the Aaron Copland School of Music. Its renowned faculty and alumni include nationally recognized composers, conductors, and performers who have received over 100 Grammy Awards and nominations.
Queens College enjoys a national reputation for its liberal arts and sciences and pre-professional programs. With its graduate and undergraduate degrees, honors programs, and research and internship opportunities, the college helps its more than 20,000 students realize their potential in countless ways, assisted by an accessible, award-winning faculty. Located on a beautiful, 79-acre campus in Flushing, the college is ranked a U.S. News and World Report Best College and a Forbes Magazine Best Value College thanks to its outstanding academics, generous financial aid packages, and relatively low costs. Visit our homepage to learn more.to learn more.