In a move to further shift the consulting industry toward a new paradigm, AndCo hires two investment veterans and state pension plan professionals.
Former CIO and Deputy CIO of the $18 Billion Kentucky Retirement Systems pension plan, Rich Robben and Andy Kiehl, are joining AndCo and will focus on helping to grow and serve the public pension plan business.
AndCo senior management said the hires are consistent with AndCo’s vision statement “To be a transformational organization viewed as the leader in our industry.” “We believe many consulting models are stuck in mediocrity, often delivering house views or group think and offering little or no customization to the overall investment decision process. Rich and Andy are strong additions to our team of professionals and believe in our customized client solution service approach. Adding two practitioners who have managed and allocated assets from a client’s perspective in the large public plan space will bring a wealth of practical experience and further enhance our ability to add tangible value for our clients.”
Rich and Andy will join the firm as consultants on October 5th.
This communication is intended for informational purposes only and should not be regarded as investment advice or as a recommendation regarding any particular course of action. AndCo Consulting is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Registration as an investment adviser does not constitute an endorsement of the firm by securities regulators nor does it indicate that the adviser has attained a particular level of skill or ability.
AndCo, a full service independent institutional investment consulting firm headquartered in Orlando, Fla., was founded on the belief that the institutional client should have the most objective and unbiased information with which to prudently evaluate their investment portfolio/program. The firm is comprised of a dedicated group of industry specialists with diverse business backgrounds working together toward the common goal of simplifying the investment and fiduciary decisions of plan sponsors. With offices around the country and approximately $100 billion in assets under advisement as of December 31, 2019, AndCo serves as an independent fiduciary to each of its clients by accepting no soft-dollar compensation, having no broker dealer affiliations, selling no investment products, and having no pay-to-play arrangements.
For more information, please visit the firm’s website: www.andcoconsulting.com or contact Lauren Kaufmann at 407-627-1861.