David L. PatersonSeptember 11, 2019
Hugh A. Johnson
Chairman of Hugh Johnson Advisors
Hugh A. Johnson serves as the Chairman of Hugh Johnson Advisors. In this position, he manages $1.8billion in equity, fixed income, and cash investments for individual and institutional clients and serves as a consultant to $1.3 billion in institutional assets. In order to manage these assets effectively, Hugh formulates a broader outlook for the stock and bond markets by combining his knowledge of financial markets and economic history with an understanding of how market cycles work.
After receiving his undergraduate degree at Dartmouth College, Hugh served as an officer in the United States Navy, earned a master’s degree from Southern Methodist University, served as Executive Vice-President and a Member of the New York Stock Exchange for Hugh Johnson & Company was employed by First Albany Companies as a Director, Chief Investment Officer, and was Chairman and President of First Albany Asset Management Company. In 2005 Hugh and other employees of First Albany Asset Management Company and Illington Fund Management purchased First Albany Asset Management from First Albany Companies and founded Johnson Illington Advisors. In 2010 Hugh and other employees purchased a substantial percentage of the ownership of Johnson Illington from ThomasLloyd Global Asset Management (Americas) and renamed the firm Hugh Johnson Advisors.
Hugh’s work has appeared in the New York Times, USA Today, BusinessWeek, and other leading newspapers and periodicals around the world. He has been a regular guest on CNBC, was a special guest on Wall Street Week with Louis Rukeyser, and has appeared as a regular guest on Bloomberg Television. Hugh has also appeared on NBC Nightly News, ABC World News Tonight, CBS Evening News, The News Hour, and Nightly Business Report. He serves as an economic advisor to the Chairman of the New York State Assembly Committee on Ways and Means. In addition, Hugh is an Adjunct Professor at Clarkson University after serving in the same capacity at Union Graduate College and Rensselaer Polytechnic Institute and holds Board positions with both Security Mutual Life and New York Business Development Corporation. He has also served as a member of the Executive Committee of the Democratic National Finance Council. Hugh has served on the Management Review Commission (Transition Team) of New York State Comptroller Thomas DiNapoli and has been appointed by Comptroller DiNapoli to the Investment Advisory Committee to the New York State Common Retirement Fund. Hugh has been awarded two degrees of Honorary Doctor of Humane Letters. In his spare time, Hugh enjoys his home in Vermont, plays golf, and continues to dream of playing in the National Hockey League.