ProManage Announces New Senior Investment Team Member
Don Nordstrom has joined the ProManage Senior Investment Team. His proven track record in mutual fund due diligence, equity research, portfolio analysis, retirement planning and risk management makes him perfectly poised to seamlessly partner with both our clients and our leadership team.
Don comes to ProManage from Northwestern Mutual WMC where he worked as an investment analyst, complementing his previous experience in financial planning. A track record of maintaining strong portfolios and high caliber funds lists demonstrates his deep understanding of the global financial markets, high degree of analytical prowess, and innovative investment strategies. As a Chartered Financial Analyst Level II candidate, Don also brings relationship-building skills and an ability to engage with Financial and Wealth Management advisers and prospective clients, while also collaborating efficiently with the ProManage team.
Don joined our team on August 2nd and we look forward to his contributions in continuing and furthering the successes ProManage brings to our clients.
Barb Auerbach Promoted to Chief Compliance Officer
We are pleased to announce that Barbara J. Auerbach, long-time employee and former Vice President of Legal & Compliance Services, has been promoted to Chief Compliance Officer. As Vice President, Barb worked closely with the previous Chief Compliance Officer, Carl Londe, and is extremely well-equipped to lead our compliance efforts following Carl’s retirement at the end of this month.
Barb has been an integral part of the ProManage team since she joined us in 2007. She is a seasoned compliance professional, an attorney and a project manager. She has worked with many of our clients’ internal/external legal teams, has experience as part of our account management staff, and is a member of our Executive Team. For many years we have valued Barb’s expertise and we look forward to the company’s future under her capable compliance leadership.
Retirement October 30, 2020
Today I officially retire.
Tony Sabos invited me to help start what grew into ProManage in 1998. It has been a wild ride, but it is time for me to get off the merry go round and let Tony and the gang ride on.
To paraphrase Texas Bruce’s signoff from his children’s show in St Louis when I was growing up,
“Hasta la vista, vaqueros y vaqueras.”
Thanks to everyone at ProManage, our clients and friends.
ProManage Announces the Addition of New Senior Vice President
Author, Investor and Advisor, Dan Cassidy Joined the Firm in May
Boston-based Dan Cassidy has joined the leadership team at ProManage as Senior Vice President and Senior Consultant. The new role was created to enhance ProManage’s already deep bench of investment expertise.
Cassidy has more than 30 years of experience in the financial services industry. He founded and helmed the investment and actuarial consulting firm Cassidy Retirement Group, eventually merging the business with P-Solve (now River and Mercantile Solutions) in 2012. He remained with River and Mercantile Solutions as Managing Director, guiding multinational pension and 401(k) plans, corporate 401(k) plans, and US-focused 403(b) plans.
Specializing in integrated, cutting-edge approaches to pension risk management, Cassidy has been invited to share his strategies through numerous conferences and publications. His articles have been seen in Financial Analysts Journal and Benefits Magazine. He authored A Manager’s Guide to Strategic Retirement Plan Management (Wiley, 2006) and, along with others, was awarded a patent for a defined contribution default benchmark (#8,650,109).
“We are extremely well-positioned to deliver the kind of advice that helps clients navigate today’s challenges, making this the optimal time to bring Dan aboard,” said Tony Sabos, Chief Executive Officer of ProManage.
ProManage leverages the principles of behavior finance to create retirement and financial wellness solutions that are customized to their clients.
“Dan has shown himself to be the right fit for our people-driven culture and I’m confident that his leadership and rich experience in the retirement industry will play a vital role as we continue to expand our offerings,” Sabos continued.
March 22, 2020
An Update for Our Clients and Partners Regarding COVID-19
As we have all seen in recent weeks, the spread of the Coronavirus (COVID-19) has created a very fluid and challenging situation for our global community. The team at ProManage is doing all we can to protect the health of our colleagues, clients and families, while remaining ready to serve you, our clients and their participants.
As we navigate this new terrain, we are relying on the foundational principles that ProManage is built upon:
- We do not try to “time” the market. We believe that a consistent, strategic approach to investing is better than attempts to “play the game.” In this volatile time, we continue to apply our investment strategy to diversify participant savings among the plan’s funds. Using select data for each participant, the strategy responds as those circumstances change. (More information about that strategy is available in each client’s participant brochure/FAQ and ProManage’s ADV2A Brochure.)
- We keep a close eye on market shifts. While this situation is unprecedented, our experienced team understands how market changes can impact investments. We’re monitoring the market and the investments offered within your plan in order to make our normal scheduled updates and to determine if, when and how to take action outside our normal allocation cycle.
- We are here for you, our clients and plan participants. Though their office may look a bit different, our team is available to answer questions as you work through the current situation and plan for the future. As always, you can call us at 312-456-0665.
We understand that today’s challenges put strain on more than just your investments. Our daily routines have been upended and we all struggle to find our footing in the face of uncertainty. Our company is committed to being your partner throughout this journey and on to brighter days. To that end, you can reach our team during our normal business hours or email us at email@example.com at any time. If you have any questions, please do not hesitate to ask.
Wishing you good health and better days ahead.