The Principals

G. Michael Phillips

Ph.D. - Economics

Mike began his consulting career as an econometrician and statistician in 1976. Mike’s current consulting focus is on data-intensive complex litigation, statistical sampling, and financial and economic modeling. Mike has provided consulting or expert services on over 1,000 engagements and has testified in numerous federal and state courts.  An award-winning scholar, he has authored or coauthored more than a dozen books and scholarly monographs, more than a dozen U.S. Patents, over five dozen published academic papers and chapters, and has delivered about 100 conference presentations and addresses throughout the world.  Besides his affiliation with Phillips, Fractor & Company, LLC, Mike is Professor of Finance, Financial Planning, and Insurance at the David Nazarian College of Business and Economics, California State University, Northridge, where he is also the Director of the Center for Financial Planning and Investment.  He also serves as Chief Scientist for the Center for Computationally Advanced Statistical Techniques in Pasadena, CA, and is an advisor to MacroGrowth Advisors and Walnut Oak Capital.

Mike received his B.S. in Mathematics and Economics from Illinois State University and his Ph.D. in Economics from the University of California, San Diego.


Mike serves on the board of the University Corporation of CSU Northridge, and Volunteers of America, Los Angeles.

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David T. Fractor

Ph.D. - Economist

David has nearly 30 years of experience consulting in labor-related issues with testimony experience in over 700 depositions and 300 trials and arbitrations.  David’s consulting focuses on individual claim of loss relating to earnings and benefits, household services, or future medical needs.  His practice also includes employment matters and personal injury/wrongful death assignments including medical malpractice cases.  He has substantial experience in asbestos-related litigation.


David received his B.A. in Economics from UCLA and his M.S. and Ph.D. degrees in Economics from the University of Oregon. He has published several articles that deal with his practice area.  In addition, David has taught Economics and Finance at numerous institutions including UCLA, Cal State Channel Islands, and for more than 20 years has been a faculty member at Cal State Northridge.  He regularly teaches courses in Labor Economics and Law & Economics.


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