Thomas More University campus


CRESTVIEW HILLS, Ky. (Jan. 10, 2024) — Thomas More University announces it is partnering with the Atlanta Consulting Group (ACG) as its discretionary investment advisor, overseeing the management of the University’s endowment funds. ACG is set to assess the University’s investment policy and goals, establish an asset allocation strategy, and recommend an initial investment design. They were selected for the role through a Request for Proposal (RFP) process conducted by the Finance, Business and Capital Planning Committee (FBCPC) of the Thomas More Board of Trustees. “We were impressed by their experience with universities and Catholic clients, and the attention that they can provide us as a client,” explains Mark Goshorn, vice president for finance at Thomas More. “We look forward to working with ACG to manage and grow the University’s endowment to support scholarships, and academic and student support programs.” 

A robust endowment performance is desirable in order to support in the overall financial strength of a higher education institution. Thomas More’s goal, established as part of the 2021 Strategic Plan – Lighting the Way, is to increase the University endowment’s value through both philanthropic gifts and investment returns. In an effort to achieve this goal, the University’s FBCPC chose to review investment advisor services and assess alternate providers in early 2023. An RFP was issued in June of 2023 to seven firms that the subcommittee had identified, with the goal of seeking a mix of small and large firms that displayed expertise in the higher education or Catholic investing areas. In person interviews were held with each firm whose services met the needs of the University. After interviews, the subcommittee recommended ACG for many reasons, including the promise of longevity, noting that they had “an excellent succession plan to avoid any future disruption in quality or service.” ACG services will begin based on a transition timeline that spans several months and concludes on May 31, 2024, the end of the University’s current fiscal year.

ACG is a regional, independent investment advisor, who operates as a boutique-style consultant. While the company headquarters is in Atlanta, Georgia, they have an office in Lexington, Kentucky, and other clients in the Northern Kentucky/Cincinnati area. “We are excited to embark on this journey with Thomas More University,” says Michael Butkus Jr., partner and consultant with ACG. “We look forward to partnering with the University to help them achieve their fiscal goals while supporting Catholic education. We can’t wait to share the collective expertise and resources of Atlanta Consulting Group.”

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About Thomas More University

Founded in 1921, Thomas More University stands as a beacon of academic excellence and innovation, challenging students to Make It More. Deeply rooted in the Catholic Intellectual Tradition, this timeless foundation supports a transformative educational experience as students looking to Be More are guided in the pursuit of knowledge, ethical leadership, and the integration of faith and reason. Through the high-quality, liberal arts education provided at Thomas More, students examine the ultimate meaning of life, their place in the world, and their responsibility to others which leads to the ability to think critically and contribute meaningfully to the world. Serving more than 2,000 students, Thomas More takes its place as the premier Catholic university in the Cincinnati/Northern Kentucky region, being named one of the 2024 Best Colleges in the U.S. by the Wall Street Journal. To find out more, visit

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