Marshall Lux is a senior advisor with Patomak Global Partners. Mr. Lux provides strategic insights and advice to financial companies – including private equity firms, consumer and commercial firms, banks and insurers, asset managers and alternative asset funds – on a range of risk and strategy issues.
He has been a financial services consultant and practitioner for over 30 years, and currently advises a number of companies, including those focused on consumer credit provision, wealth management, insurance, and cybersecurity. Mr. Lux has performed due diligence for many of the largest private equity deals that have been done, and has worked with a broad network of financial services C-suite executives on some of their most important issues.
Mr. Lux began his career at McKinsey & Company where he served all types of financial service firms across a variety of subsectors and functional areas. He eventually led McKinsey’s private equity practice, leaving McKinsey after approximately 25 years to become the Chief Risk Officer for Chase (all consumer products globally) during the 2008 financial crisis. He then joined the Boston Consulting Group, where he was a Senior Partner for 5 years, and helped build a private equity practice while serving financial institutions. Mr. Lux was the first person elected Senior Partner at BCG and built the PE practice to several hundred million dollars in billings.
Mr. Lux is also an active thought leader on financial services issues. He serves as a Senior Fellow at Harvard University’s John F. Kennedy School of Government and as a Senior Advisor to The Committee on Capital Markets Regulation and a Senior Fellow to The Program on International Financial Systems, both at Harvard Law School. His most recent studies have focused on trends in initial public offerings, marketplace lending, community banking, and credit card and mortgage markets, and have been cited in The Wall Street Journal, Financial Times, and The New York Times, among others. He has also presented his research before the Federal Reserve, the House Small Business Committee, and various universities and trade groups. Mr. Lux is also a Senior Fellow at the Wharton School at the University of Pennsylvania and at Georgetown University. He sits on the Board of the Online Lending Policy Institute.
Along with his client work, Mr. Lux has done dozens of pro bono assignments and served on a number of not-for-profit boards, including for the Harlem Children’s Zone, the New York Historical Society’s Chairman’s Council, the New York Tenement Museum, and Reading is Fundamental. He is also a member of the Council on Foreign Relations.
Mr. Lux graduated summa cum laude from the Woodrow Wilson School at Princeton University. He received his M.B.A. from Harvard Business School, where he was a Baker and Ford Scholar (awarded to the number one student in each graduate school). Mr. Lux was the first person in his family to attend college.