{"id":150217,"date":"2025-06-25T12:57:02","date_gmt":"2025-06-25T17:57:02","guid":{"rendered":"https:\/\/www.thelocalvoice.net\/oxford\/?p=150217"},"modified":"2025-06-25T12:57:03","modified_gmt":"2025-06-25T17:57:03","slug":"ole-miss-alumnus-invests-in-the-future-of-finance-education","status":"publish","type":"post","link":"https:\/\/www.thelocalvoice.net\/oxford\/ole-miss-alumnus-invests-in-the-future-of-finance-education\/","title":{"rendered":"Ole Miss Alumnus Invests in the Future of Finance Education"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Jackson financial adviser wants university to equip students for digital asset economy<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><em>By Bill Dabney<\/em><\/h3>\n\n\n\n<p><strong>University of Mississippi<\/strong> alumnus <strong>Stephen Griner<\/strong> wants to help make the university a leader in the digital asset realm of finance education.<\/p>\n\n\n\n<p>Griner, managing director and founding partner of\u00a0<a href=\"https:\/\/tracking.us.nylas.com\/l\/80e304bfd3454b1081416062e15a32c3\/1\/5a6bcd8841b8f927766c9f37c7dcde1d01b21be2e0acc15a3460a47c3481c3fb?cache_buster=1750526341\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Magnolia Capital Advisors<\/strong><\/a>\u00a0in Jackson, has committed a portion of the revenue generated from his company&#8217;s hedge fund to the UM\u00a0<a href=\"https:\/\/tracking.us.nylas.com\/l\/80e304bfd3454b1081416062e15a32c3\/2\/6884b7d63b46496aa26fb61b2cfded87d81e7a71f7c51b783a247215bff1e319?cache_buster=1750526341\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>School of Business Administration<\/strong><\/a>. The gift will be used to support new course options, a student investment fund and related activities.<\/p>\n\n\n\n<p>&#8220;(Dean) Ken Cyree and I discussed blockchain and digital assets and how we both believe they will be the financial infrastructure of the future,&#8221; he said.<\/p>\n\n\n\n<p>Blockchain is a system in which a record of transactions, especially those made in a digital asset such as&nbsp;cryptocurrency, is maintained across an online&nbsp;network.<\/p>\n\n\n\n<p>&#8220;I have two teenagers who will hopefully be attending Ole Miss, and I&#8217;d like a blockchain course to be an option for them or at least have it covered in some upper-level finance classes,&#8221; Griner said.&nbsp;&#8220;So, to get that started, I decided to gift 1.5% of the fees generated from the hedge fund.&#8221;<\/p>\n\n\n\n<p>Griner&#8217;s gift could ultimately mean millions of dollars for the business school.<\/p>\n\n\n\n<p>&#8220;This is booked as an estimate of a five-year revenue number: a $200,000 donation,&#8221; he said. &#8220;But if the hedge fund is successful, that number could be astronomically more. And it doesn&#8217;t end there; this is in perpetuity.&#8221;<\/p>\n\n\n\n<p>Here&#8217;s how it works: Say the hedge fund has $20 million in investments and a 20% performance fee once returns are over 6%, the industry standard. Then, for example, the fund makes a 250% return on investment, assuming it follows the S&amp;P Top 10 Equal Weight Crypto Index which was up approximately 250% in 2023 and 2024 combined.<\/p>\n\n\n\n<p>A 250% return on $20 million is $50 million, so a 20% performance fee is $10 million and 1.5% of that fee, or $150,000, would go to Ole Miss.<\/p>\n\n\n\n<p>&#8220;Now imagine if the hedge fund has $100 million in it, you see the numbers can get really big,&#8221; he said. &#8220;In theory, if the business runs 40 years and is wildly successful, we could be giving $50 million. It&#8217;s purely a scale game.&#8221;<\/p>\n\n\n\n<p>Griner graduated with honors from Ole Miss with a bachelor&#8217;s degree in accountancy in 1999 and an MBA with an emphasis in finance in 2000. He began his career as a financial adviser in 2001 and has worked with individual and institutional investors, retirees and business owners.<\/p>\n\n\n\n<figure class=\"wp-block-image alignright size-large is-resized\"><a href=\"https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Griners.jpg?ssl=1\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"640\" height=\"847\" src=\"https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Griners-774x1024.jpg?resize=640%2C847&#038;ssl=1\" alt=\"\" class=\"wp-image-150219\" style=\"width:327px;height:auto\" srcset=\"https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Griners.jpg?resize=774%2C1024&amp;ssl=1 774w, https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Griners.jpg?resize=227%2C300&amp;ssl=1 227w, https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Griners.jpg?resize=768%2C1015&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Griners.jpg?resize=1024%2C1354&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Griners.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\">Claire (left) and Stephen Griner hope their gift helps make the University of Mississippi a leader in education about digital assets. Photo by Maria Ramirez<\/figcaption><\/figure>\n\n\n\n<p>Cyree is grateful for Griner&#8217;s vision and investment strategy.<\/p>\n\n\n\n<p>&#8220;This is a unique and forward-looking strategy to invest in the future of our School of Business Administration,&#8221; the dean said. &#8220;It will position us to lead in the digital asset space of finance education.<\/p>\n\n\n\n<p>&#8220;Going forward, our graduates will be increasingly exposed to cryptocurrency transactions and markets. Thus, Stephen&#8217;s generous gift will help prepare them for this important and emerging financial tool that promises many applications in the future.&#8221;<\/p>\n\n\n\n<p>The gift is also designed to create a hands-on experience for students.<\/p>\n\n\n\n<p>&#8220;I truly believe this will be the future of how finance is transacted, and I want Ole Miss to have an early mover advantage,&#8221; Griner said.&nbsp;&#8220;Additionally, we may let students actually manage a small sleeve of the fund and compete against other schools.&#8221;<\/p>\n\n\n\n<p>A Columbia native, Griner worked for Morgan Stanley, Merrill Lynch and then Raymond James before starting Magnolia Capital Advisors with two other Ole Miss graduates.<\/p>\n\n\n\n<p>He was named to the Financial Times Top 401 Retirement Plan Advisors, the Mississippi Business Journal&#8217;s Top 40 Under 40, and several industry advisory councils. He is also a member of the Mississippi CFA Society board of directors, the Mississippi Capital Area Habitat for Humanity&#8217;s executive committee, and Grace Chapel Presbyterian Church.<\/p>\n\n\n\n<p>Griner and his wife, Claire, met at The Gin restaurant as Ole Miss students. They live in Madison and have two children: Morris, 17, and Lillian, 14.<\/p>\n\n\n\n<p>To make a gift to the School of Business Administration,&nbsp;<a href=\"https:\/\/tracking.us.nylas.com\/l\/80e304bfd3454b1081416062e15a32c3\/3\/f6b2906a145dd7944eaa34ff1352fb9e15e3861d5ffe9b24171cb0ce7b84a370?cache_buster=1750526341\" target=\"_blank\" rel=\"noreferrer noopener\">click here<\/a>, or for more information, contact Patrick Salter at&nbsp;<a href=\"https:\/\/tracking.us.nylas.com\/l\/80e304bfd3454b1081416062e15a32c3\/4\/5ccfcffbe4de24a35f2179ceaf6c644ad7424a13b5961c58c8b11b4bd1d0df2d?cache_buster=1750526341\" target=\"_blank\" rel=\"noreferrer noopener\">psalter@olemiss.edu<\/a>&nbsp;or 662-915-3181.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2014\/06\/TheLocalVoiceLigature-25web.jpg\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"25\" height=\"16\" src=\"https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2014\/06\/TheLocalVoiceLigature-25web.jpg?resize=25%2C16\" alt=\"\" class=\"wp-image-14544\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Jackson financial adviser wants university to equip students for digital asset economy By Bill Dabney University of Mississippi<\/p>\n","protected":false},"author":123462,"featured_media":150218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25263],"tags":[32060,5,7067,4,20196,32059,655],"class_list":["post-150217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-university-news","tag-magnolia-capital-advisors","tag-mississippi","tag-ole-miss","tag-oxford","tag-school-of-business-administration","tag-stephen-griner","tag-university-of-mississippi"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.thelocalvoice.net\/oxford\/wp-content\/uploads\/2025\/06\/Business-School-scaled.jpg?fit=2560%2C1707&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/posts\/150217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/users\/123462"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/comments?post=150217"}],"version-history":[{"count":2,"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/posts\/150217\/revisions"}],"predecessor-version":[{"id":150244,"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/posts\/150217\/revisions\/150244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/media\/150218"}],"wp:attachment":[{"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/media?parent=150217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/categories?post=150217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thelocalvoice.net\/oxford\/wp-json\/wp\/v2\/tags?post=150217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}