Fund Evaluation Group, LLC, (FEG), a leading investment advisory firm, announced that head of institutional investments, Nolan M. Bean, CFA, CAIA, was recently named one of the top 10 institutional investment consultants in the business by Chief Investment Officer (CIO) magazine.
The magazine included Bean on its 2017 Knowledge Brokers list, an annual ranking of the world’s most influential consultants in the investment universe. Sourced from interviews with pension and nonprofit CIOs, asset managers, and former consultants, the Knowledge Brokers represents CIO magazine’s list of the top investment consultants in the industry.
When interviewed for the award, Bean noted that investment consulting is “seeing more consolidation than we have in the past. Investors are raising their expectations of consultants as a result.” Bean expects that consultants will have to find new ways to bring value to clients going forward, possibly by crafting more holistic solutions for clients.
Bean joined FEG in 2004 and is one of 15 managing principals. His primary focus is working with some of the firm’s largest consulting clients. In addition, Bean oversees the firm’s overall institutional investment strategy. As part of this role, he sits on the firm’s Investment Policy Committee, which sets strategic vision, approves capital market assumptions, and approves managers for inclusion in FEG’s recommended list, as well as the Investment Advisory Committee, which helps align client interests with the firm’s discretionary portfolio management team through dynamic feedback and advice.
About Fund Evaluation Group, LLC: Fund Evaluation Group, LLC (FEG) provides investment consulting, portfolio management, and research services to clients nationwide. Established in 1988, the independently-owned firm has approximately $58 billion in total client assets under advisement. FEG service lines include FEG Consulting, which provides traditional, nondiscretionary investment consulting services to institutions; FEG Managed Solutions, which provides outsourced CIO and discretionary portfolio management services for institutions and financial intermediaries; and FEG Research Services, which provides traditional and alternative strategies’ investment manager research, due diligence and monitoring. For more information, visit www.feg.com.
To read the full article and selection criteria for the award, please visit https://www.ai-cio.com/lists/2017-knowledge-brokers/. Any awards or nominations received by FEG or its personnel are not representative of any client’s experience or FEG’s capabilities as an investment adviser and as such does not indicate any future experience or performance. FEG is not affiliated with the awarding agencies and does not validate the appropriateness of the agencies or its awards.
As of December 31, 2016. Assets under Advisement include the assets of FEG and its affiliated entities. Some asset values may not be readily available at the most recent quarter end, therefore the previous quarter's values were used for this calculation. The values may be higher or lower, depending on the current market conditions. These accounts are typically non-discretionary only. Assets under Advisement includes both discretionary assets, over which FEG has full trading authority, and non-discretionary assets which we advise and make recommendations on, but may not have authority to execute or facilitate trades on behalf of the client. AUA includes approximately $54 billion in non-discretionary assets. AUM includes approximately $2.6 billion under discretion and approximately $818 million under discretion in FEG affiliates.