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Retired Macroeconomic Advisor

Lewis Spellman PhD

Lew Spellman, PhD retired from Beck Capital Management in April 2024. As a member of the BCM team for over a decade, we congratulate him on a successful lifetime of contribution to the financial and academic communities, imparting his knowledge and wisdom of Economics to so many individuals. Lew is now enjoying retirement and provides his economic insights to the BCM team in an informal capacity.

Lew Spellman PhD is a Professor Emeritus at the McCombs School of Business at the University of Texas at Austin. He was a professor of financial markets and institutions from 1971 to his retirement in 2019. Professor Spellman holds degrees of BBA and MBA from the University of Michigan, and an MA and PhD in economics from Stanford University.

Professor Spellman’s academic courses consist of analyzing current economic and monetary policy developments as they relate to financial market pricing. His academic articles have appeared in the Journal of FinanceJournal of Financialand Quantitative Analysis, Journal of Money Credit and Banking, and the Journal of Banking and Finance, among others.  He holds several U.S. patents relating to inflation-adjusting financial instruments, including the U.S. Treasury’s inflation-adjusting bond, known as the Treasury TIPS.

Professor Spellman’s prior experience outside of academia has included serving as Assistant to the Chairman of the President’s Council of Economic Advisors, Economist with the Federal Reserve Board, and Chairman of Real Rate Financial.  He lives in Austin and enjoys traveling worldwide.


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