John Powers Appointed To Personal Capital's Team of Experts
SAN FRANCISCO, April 18, 2019 /PRNewswire/ -- Leading digital wealth management company Personal Capital® today announced the appointment of John Powers to its team of experts, effective immediately. Powers, a respected executive and academic with extensive retail and institutional investing experience, will add expertise in areas including asset allocation and non-liquid alternatives. The Personal Capital Team of Experts is a group of highly acclaimed professionals and academics who work with the investment committee to provide strategic guidance on areas ranging from portfolio construction to behavioral finance.
"We're thrilled to have John join Personal Capital's team of experts. Our wealth management team is designed to include broad perspective on both the technical and the visionary aspects of what drives results for each client," said Chief Investment Officer Craig Birk. "John has demonstrated success applying a diversification-focused approach to institutional investing, and we will leverage that experience to help benefit individual clients and families."
Powers's experience includes nearly a decade as the President and CEO of the Stanford Management Company, where he led the investment team for Stanford University's multi-billion-dollar endowment and funds, which has performed in the top decile among college and university endowments. He also served as a lecturer for the University's School of Business. In addition to his role at Stanford, Powers has held roles at Credit Suisse and Offit Hill Capital Management LLC, as well as serving as a private business consultant.
"I'm honored to join Personal Capital's team of experts," said Powers. "I've watched the company mature and develop an investment philosophy that puts the investor first, always. By marrying powerful technology with the intuition and knowledge of experienced financial advisors, Personal Capital is at the forefront of modern retail investing. I look forward to working with Personal Capital leadership to continue driving this mission forward."
Powers holds an MBA from Stanford University, and earned his Bachelor's degree from Cornell University.
Personal Capital, which provides personalized advice and financial planning technology, recently surpassed $9 billion in assets under management. More than two million users access the company's dashboard to get a holistic view of their finances and create plans for improving their financial preparedness.
About Personal Capital
Personal Capital transforms financial lives through technology and people. Free online tools create total clarity with all your accounts in one place and advisors provide advice you can easily understand. The result is complete confidence in how you plan for and achieve your financial goals. Personal Capital is headquartered in Silicon Valley with hubs in San Francisco, Denver, Dallas, and Atlanta. Connect with us on Twitter, LinkedIn or Facebook. For more information and to open an account, visit https://www.personalcapital.com/.
Personal Capital Advisors Corporation, a wholly owned subsidiary of Personal Capital Corporation, is a registered investment advisor with the Securities Exchange Commission ("SEC"). Any reference to the advisory services refers to Personal Capital Advisors Corporation Personal Capital and the Personal Capital logo are trademarks of Personal Capital Corporation. All other trademarks, trade names or service marks used or mentioned herein belong to their respective owners.
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