Updated with correction
Investment consulting firm and outsourced CIO provider Alan Biller and Associates has recruited six senior executives from Fiduciary Research & Consulting, said Alan Biller, chairman, founder and former CEO.
Greg Siemons takes over the CEO position; Jason Prole, is chief investment officer; Yon Perullo, chief risk officer; James Ho, director of technology and risk; David Whittall, a managing senior consultant; and David Wong, head of absolute-return and fixed-income strategies. All positions, except for CEO, are new.
Mr. Biller will remain in his role as chairman and will continue to advise clients.
At Fiduciary Research, Mr. Siemons was chief operating officer; Mr. Prole was CIO; Mr. Perullo was chief risk officer; Mr. Ho was director of technology and risk; Mr. Whittall was head of equity strategies; and Mr. Wong was head of manager research and absolute-return strategies.
The additions provide ABA's clients with more investment and enhanced analytical and risk management capabilities, Mr. Biller said.
ABA has more than $80 billion in assets under advisement. Fiduciary Research manages more than $8.5 billion.
