Experience

AssetMark

• United States
• Financial Services
• 500 - 600 Employee

• EVP and Chief Investment Officer

  • 2014 - Present

  Chief Investment Officer of a $23 billion TAMP (turnkey asset management platform) that serves independent financial advisors. Responsible for architecting the platform's array of investment solutions and for selecting and monitoring its third-party investment strategists and managers, as well as overseeing all proprietary investment strategies. Chief Investment Officer of a $23 billion TAMP (turnkey asset management platform) that serves independent financial advisors. Responsible for architecting the platform's array of investment solutions and for selecting and monitoring its third-party investment strategists and managers, as well as overseeing all proprietary investment strategies.



AlphaSimplex Group

• President & CEO

  • 2008 - 2014

  Headed a systematic asset management boutique specializing in liquid alternative strategies (hedge fund beta replication, managed futures, global macro, equity with hedged tail risk) and model wealth portfolios. Oversaw the design, positioning, and launch of 4 new funds. Led growth of mutual fund assets from zero to almost $4 billion. Active member of the firm's Investment, Research, and Back Office Committees. Headed a systematic asset management boutique specializing in liquid alternative strategies (hedge fund beta replication, managed futures, global macro, equity with hedged tail risk) and model wealth portfolios. Oversaw the design, positioning, and launch of 4 new funds. Led growth of mutual fund assets from zero to almost $4 billion. Active member of the firm's Investment, Research, and Back Office Committees.



IXIS Asset Management U.S., L.P.

• CEO

  • 2006 - 2007

  Headed a holding company with 10 different wholly-owned asset management subsidiaries in the U.S. and Asia with $240 billion in assets under management. Product range included equity, fixed income, and alternative strategies. Represented shareholder interests on Boards of subsidiaries, and chaired Audit and Compensation Committees. Identified strategic product gaps, evaluated potential acquisitions, and allocated seed capital among new product proposals. Headed a holding company with 10 different wholly-owned asset management subsidiaries in the U.S. and Asia with $240 billion in assets under management. Product range included equity, fixed income, and alternative strategies. Represented shareholder interests on Boards of subsidiaries, and chaired Audit and Compensation Committees. Identified strategic product gaps, evaluated potential acquisitions, and allocated seed capital among new product proposals.



Charles Schwab

• United States
• Financial Services
• 700 & Above Employee

• Executive Vice President, Advised Investor Division

  • 2002 - 2006

  Created and led a new business within Schwab's Individual Investor Division comprising all proprietary advice-based products and services. Managed 500 employees in 6 cities serving clients nationwide. Grew annual business-line revenues to $250 million. Responsible for all advice-related policies, philosophies, systems, ratings, content, training, and product linkages. Created and led a new business within Schwab's Individual Investor Division comprising all proprietary advice-based products and services. Managed 500 employees in 6 cities serving clients nationwide. Grew annual business-line revenues to $250 million. Responsible for all advice-related policies, philosophies, systems, ratings, content, training, and product linkages.



Charles Schwab

• United States
• Financial Services
• 700 & Above Employee

• President, Charles Schwab Investment Management and EVP, Asset Management Products & Services

  • 1999 - 2001

  Responsible for a $1.2 billion p&l, 700 employees in 3 states, and $140 billion in proprietary fund assets in cash, active bond, and quant equity strategies. Enterprise included the largest "supermarket" of third-party mutual funds (OneSource), the tenth largest mutual fund family (SchwabFunds), the Schwab Center for Investment Research, and several start-up businesses including an insurance supermarket, an offshore mutual fund company and a clearing business. Responsible for a $1.2 billion p&l, 700 employees in 3 states, and $140 billion in proprietary fund assets in cash, active bond, and quant equity strategies. Enterprise included the largest "supermarket" of third-party mutual funds (OneSource), the tenth largest mutual fund family (SchwabFunds), the Schwab Center for Investment Research, and several start-up businesses including an insurance supermarket, an offshore mutual fund company and a clearing business.



Bankers Trust Company

• Greater New York City Area

• CEO, Structured Investment Management

  • 1997 - 1999

  Headed a global asset management business with $260 billion in assets under management in quantitative and structure investment strategies, including cash, stable value, index, enhanced index, quant active, global asset allocation, and absolute return strategies. Clients included U.S. and foreign pension funds and financial institutions. Vehicles included bank commingled funds, mutual funds, LLCs, swaps, and separately managed accounts. Headed a global asset management business with $260 billion in assets under management in quantitative and structure investment strategies, including cash, stable value, index, enhanced index, quant active, global asset allocation, and absolute return strategies. Clients included U.S. and foreign pension funds and financial institutions. Vehicles included bank commingled funds, mutual funds, LLCs, swaps, and separately managed accounts.



Bankers Trust Company

• Tokyo, Japan

• President, Japan Bankers Trust

  • 1994 - 1996

  Headed Japanese trust bank with $11 billion under management providing domestic and global investment strategies and trust services to Japanese corporate and public pension funds and institutional investors. Headed Japanese trust bank with $11 billion under management providing domestic and global investment strategies and trust services to Japanese corporate and public pension funds and institutional investors.