Charles M. Royce | 2024 Financial Innovation Award Recipient
Charles M. Royce is currently chairman and portfolio manager of Royce & Associates, LLP, after retiring in 2015 from positions as president and CEO of the firm, which he founded in 1972. The firm specializes in investments in both domestic and international small capitalization stocks.
Mr. Royce is recognized as an industry pioneer in small-cap stocks and for his leadership in small-cap value investing for more than 50 years. He continues to contribute his expertise as portfolio manager on four Royce mutual funds, three closed-end funds and the flagship fund, the Royce Pennsylvania Mutual Fund.
Mr. Royce is a fellow emeritus of the Brown Corporation, served three terms as trustee of Brown University, established the Royce Fellowship in 1996—which supports undergraduate research and enrichment projects—and established the Royce Family Professorship for Teaching Excellence in 2004 to foster, promote and reward undergraduate teaching at the highest level at Brown. He currently serves as a trustee for The Frick Collection and is its Investment Committee chairman. He is a trustee of the Berkeley School of Divinity at Yale University, the Bruce Museum and the Preservation Foundation of Palm Beach. Mr. Royce also served on the Vestry of Trinity Wall Street and Christ Church in Greenwich, CT, where he was instrumental in founding “Courage and Faith,” a series that presents leading writers and artists to the community.
Mr. Royce received a bachelor’s degree in economics from Brown University in 1961 and a master’s degree in business administration from Columbia University in 1963. He is the recipient of the Museum's 2024 Financial Innovation Award.