Clearbrook Expands with Key Hires

NEW YORK, July 20, 2011 /PRNewswire/ -- Clearbrook, a premier institutional investment consulting firm dedicated to helping institutional investors and private clients meet and exceed their investment objectives, is pleased to announce the addition of five new hires who will serve as part of the growing firm's executive, investment consulting and research teams.

"These new hires will further strengthen our commitment to providing our clients with a highly experienced and cohesive team," said Elliott Wislar, Chief Executive Officer of Clearbrook. "We are dedicated to providing unprecedented levels of proactive advice and responsive communication to every client, backed by an unrivaled research process and an unwavering focus to staying ahead of an ever-changing investment environment."

New hires include:

• Steven J. Formanek, Chief Operating Officer, is a member of Clearbrook's Executive Committee and has responsibility for compliance, finance and operations, with 30 years of investment experience.
• Bryan R. Decker, Managing Director and Co-head of Research, has experience in developing both short-term and long-term views of market opportunities and managing activities across traditional and alternative asset class research teams. He has 18 years of investment experience.
• MaryAnn DiMaggio, Managing Director, is responsible for fixed income market coverage, asset class research, and the evaluation and recommendation of investment managers. Her prior experience also includes high yield securities sales, research, and middle market lending and asset securitization.  She has 19 years of investment experience.
• Paul C. Morgan, Managing Director and Senior Consultant, advises on all aspects of investment programs including governance, investment policy, asset allocation, portfolio structure, manager selection, alternative investments, and portfolio evaluation. He has 31 years of investment and consulting experience.
• Megan L. Mones, Associate Director, is responsible for managing all marketing, advertising and promotional activities, as well as implementing marketing plans for all new and existing lines of business. She has 3 years of investment experience.

All five new hires most recently worked for Evaluation Associates LLC, an investment consulting firm based in Norwalk, Conn.

"Clearbrook offers a team approach that has delivered focused expertise and customized investment solutions to institutional clients for more than 30 years," Mr. Formanek said. "I am excited to join a growing firm that has remained focused on putting its clients' needs first, providing education and objective advice to help them invest for the long term."

Clearbrook has experienced exceptional growth in the past six months, including merging Madison Portfolio Consultants, a provider of investment consulting and asset classes research services, with the firm.

"The firm's unwavering commitment to finding the best investment managers across asset classes through a multi-faceted research approach is a true differentiator," Mr. Decker said. "I am eager to be a part of this research team, which functions as a fully integrated tactical and strategic driver to our clients' investment plans, creating a truly customized and flexible solution for every client."

For more information, please contact Jami Schlicher at 973-850-7309 or [email protected].

About Clearbrook

Clearbrook is an independent investment consulting firm whose core business is to provide strategic advice, investment solutions and related wealth advisory services to institutions, individuals and financial intermediaries worldwide. They serve as an actively engaged partner to clients, designing, managing and implementing customized investment programs that meet long-term objectives. Clearbrook currently has offices in New York, N.Y.; Stamford, Conn.; Boston, Mass.; Princeton, N.J., and Wayne, Penn.

SOURCE Clearbrook