Personal Capital Promotes Craig Birk to Chief Investment Officer

SILICON VALLEY, Calif., Sept. 12, 2018 /PRNewswire/ -- Personal Capital, an RIA and leading hybrid digital wealth manager, announced today that Craig Birk has been promoted to Chief Investment Officer (CIO), effective immediately. As the company's first CIO and leader of the Personal Capital Advisors Investment Committee, Birk is responsible for Personal Capital's investment approach and portfolio strategy in terms of risk, regional allocation, currency exposure and investment themes.

"Over the past seven years, Craig has been instrumental in strengthening Personal Capital's long-term investing strategy," said Jay Shah, CEO of Personal Capital. "Earlier this year our assets under management hit 7.5 billion dollars and as that number continues to grow, Craig's leadership and vision for creating optimal portfolio construction will help strengthen our commitment to investors in providing the highest quality of financial expertise."

Serving as Executive Vice President of Portfolio Management since joining Personal Capital in 2011, Birk was instrumental in developing the company's unique investing approach and working with clients to understand their individual financial needs. Prior to Personal Capital, Birk helped lead the portfolio management team at Fisher Investments, growing assets under management from $1.5 billion to more than $40 billion. Birk graduated from the University of California at San Diego and holds the Certified Financial Planner® designation.

"I look forward to continuing to support Personal Capital's efforts to provide strategic investment solutions to our clients while helping them navigate the complexities of financial life," said Birk. "It's great to work with a team that understands and leverages the power of technology to transform financial futures."

Birk's promotion comes at a time of significant growth for Personal Capital, with the company recently hitting an AUM milestone of $7.5 billion and inking a partnership with Alight Solutions earlier this year.  

ABOUT PERSONAL CAPITAL

Personal Capital is a hybrid digital wealth management company based in San Carlos, California with more than $7.5 billion assets under management. The company offers free financial planning tools for investors and fee-based wealth management services. With hubs in San Francisco, Denver, Dallas, and Atlanta, Personal Capital has fiduciary financial advisors across the U.S. For more information or to open an account, visit https://www.personalcapital.com.

Contact Information:

Rebecca Neufeld
Director of Public Relations
[email protected]
(415) 231-3055

SOURCE Personal Capital

Related Links

http://www.personalcapital.com

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