Accomplished asset allocation manager with 10+ yrs experience in developing and managing asset allocation strategies for individuals and institutions. Expertise in developing and managing macro and fundamental factor overlays for use across Domestic Large Cap and International portfolios. Strategic asset allocation modeleling with trend following and technical analysis overlays designed for use with fund of fund portfolios.
Jan 1999 - Apr 2010
Director - Asset Allocation
Oversaw asset allocation and fund research for individual and institutional products and services. Consulted in asset allocation, investment policy and portfolio management selection for key institutions representing $2B worth of AUM. • Served as lead investment analyst and advisor for several corporate pension plans responsible for asset class allocation modeling and oversight, manager selection, and performance reporting and reviews. • Led institutional 401k product sales and service through the promotion and management of portfolio manager research and selection. • Oversaw portfolio management research (separate account managers, mutual funds, hedges), due diligence, selection and performance reporting supporting advisory and institutional qualified plan products. • Spearheaded corporate initiative and implementation of strategic asset allocation strategies and optimization tools to improve fee-based financial planning platform organization-wide (6000+ investment advisors). • Redesigned mutual fund wrap product as lead on broker-dealer team – product served all investment categories and asset classes and included preferred manager selection process, asset allocation and implementation tools and performance reporting. Served as co-portfolio manager to various ETF portfolios including Large Cap Core, Large Cap Growth, International Core and strategic asset allocation and dynamic asset allocation portfolios with assets under management (AUM) of $30B+. • Designed and implemented macro, fundamental and technical approaches for domestic equity growth, core, value ETF portfolios providing average annualized alpha of 100 and 170 bps. • Created and implemented macro approach for international equity core ETF portfolio providing average annualized alpha of 70 bps. • Generated high-value returns by redesigning strategic asset allocation process to incorporate technical, fat-tail and trend analysis to minimize negative skewness and high kurtosis.
Jan 1997 - Jan 1998
Assistant Vice-President, Investment Management
Directed dynamic asset allocation process and several projects to enhance products and services including complete redesign of asset management account, implementation and product launch of desktop financial planning software and development of individual retirement account and new qualified plan service. Created and analyzed quarterly strategic asset allocation data and forecasting of international macroeconomic trends to recommend modifications of broker-dealer asset allocation models. • Redesigned asset management account and individual retirement account (IRA) products including new product objectives, features, pricing, infrastructure and delivery. • Recognized unmet small business owner customer needs (2 million customers) and created innovative brand institutional qualified plan solution. • Orchestrated design and implementation of financial planning software procedures for 300+ financial consultants, relationship managers and financial planners – led customization to ensure all needs were met and trained personnel on utilization for sales and planning purposes.
Jan 1996 - Jan 1997
Led third party mutual fund research and development of strategic asset allocation process for trust and advisory department. Provided support for incorporation of variable life products, variability annuity and non-proprietary mutual funds into corporate fee-based financial planning tools. • Built and implemented mutual fund family due-diligence process and non-proprietary mutual fund platform.
Jan 1995 - Jan 1996
Generated and gathered assets for institutional and individual retirement plans. Developed and administered community seminars on retirement planning and variable annuities to reach additional target customers. • Captured new target markets for retirement plans through specified sales plans towards university and hospital groups.
1990 - 1995
Responsible for delivering advice and counsel to institutional retirement plan participants. • Delivered advice to plan administrators on a variety of plan issues including asset allocation, investment menu options, non-discrimination testing, plan rules, maximum contribution limits and calculations, and other issues related to plan benefits/ • Delivered over 75 campus seminars on multiple aspects of financial and retirement planning. • Conducted over 1,000 one on one counseling sessions on pre and post retirement planning.