Industry Leader Brings 30 Years of Personal Financial Management Experience from Goldman Sachs, Fidelity, JP Morgan Chase, Citibank and American Express to Aquiline Capital-Backed RIA
Bernal joins recent senior executive hires to support SageView’s strategic vision and strengthen the company’s leadership at the intersection of wealth management and retirement planning
Pension consultants Andrew Ness and Cullen Reif also join SageView
NEWPORT BEACH, Calif., July 14, 2022 /PRNewswire/ — SageView Advisory Group (“SageView”), one of the nation’s leading independent AIR companies, today announced that it has appointed Jorge Bernal as Chief Operating Officer as part of the company’s rapid growth plan to accelerate its growth as a provider of comprehensive wealth management solutions for individuals and families across the country.
Mr. Bernal will oversee all day-to-day operations and provide strategic direction for SageView’s shared services in more than 30 offices nationwide. He will be instrumental in defining and executing the company’s strategic vision while maximizing scale and efficiency and ensuring an excellent customer experience. Bernal reports to the founder and CEO of SageView Randy Long.
Mr. Long said, “I am delighted to have Jorge join our leadership team, comprised of well-established and recognized leaders in retirement and wealth management. His experience leading complex and diverse organizations and his successful track record enhance SageView’s ability to provide superior service and support to our advisors within our skilled pension and wealth management teams. »
SageView, with more $170 billion of pension plan assets, is a long-time leader serving pension plan sponsors across the country. Its wealth management business has grown to more than $4 billion through organic expansion and targeted acquisitions.
In January 2021, the company announced a strategic and financial partnership with Aquiline Capital Partners, a leading private equity firm focused on financial services and technology. Thanks in part to this partnership, SageView has acquired six companies since July 2021 and plans to continue its expansion throughout this year.
Mr. Bernal was previously Managing Director and Co-Head of Advisory Services for Goldman Sachs Personal Financial Management, where he oversaw and led over 250 national financial advisors overseeing approximately $35 billion of assets and generate approximately $250 million in annual income.
Prior to Goldman Sachs, Bernal was chief operating officer for United Capital Financial Advisors and played a key role in its sale to Goldman Sachs. He also served as senior vice president at Fidelity Investments, managing director at JP Morgan Chase, vice president of customer service and sales at Citibank, and chief operating officer at Deluxe Corp. He started his career at American Express where he was a supervisor on the US Risk Management team.
Mr. Bernal earned his bachelor’s degree in business administration and international management from High Point University in North Carolina. It holds FINRA series 7, 24 and 63 licenses.
Increased leadership in the wealth management industry
Mr. Bernal said, “I am delighted to join SageView’s impressive leadership team and be part of its growth momentum. I look forward to working with Randy and the team to deliver results that align with SageView’s strategic vision and provide customers with the best services.
Mr. Bernal is the latest of several key appointments at SageView. Jim Dario joined TD Ameritrade in March as Head of Wealth Management. Tara Egan, formerly of Goldman Sachs, joined in May as Managing Director, Human Resources. In 2021, SageView hired Tony Noterman of Advisor Group as Chief Financial Officer and Jeremy Holly of LPL Financial as Director of Development and Integration.
The pension consulting team is growing
Also join the SageView pension consulting teams Cullen Reif in Minneapolis, Minnesota and Andrew Nes in Richmond, Virginia.
Mr. Reif will be responsible for guiding investment committees in their fiduciary responsibilities, plan design strategy, building new client relationships and benchmarking total plan expenses.
Jeff GratonCEO of SageView Minneapolis, Minnesota office, said: “We have known Cullen for many years and have been impressed with his retirement planning acumen and client relationship skills. He will help us continue our journey while providing exceptional service to existing customers. We are proud to have him now on our team.”
Mr. Ness is a nationally recognized pension plan consultant with specific experience supporting tax-exempt plan sponsors and primarily state pension programs.
Nichole LabottCEO of SageView Richmond, Virginia office said, “I am delighted to have Andrew on our team as an advisor who can provide expert advice to our clients and help us expand our reach. He will play a vital role in our continued growth.
About the SageView Advisory Group
SageView Advisory Group is an SEC-registered investment advisory firm (RIA) serving retirement plan sponsors and individuals across United States since 1989. SageView has provided advice on 401(k), 403(b), 457, defined benefit and deferred compensation plans, and provides comprehensive wealth management services to individuals and families. SageView is headquartered in Newport Beach, Californiaand has more than 30 offices nationwide advising more than $170 billion old-age assets (AUA) and $4 billion assets under management (AUM) advisory.
SageView Advisory Group, LLC is a registered investment adviser. Advisory Services are offered only to clients or prospective clients for whom SageView Advisory Group, LLC and its representatives are duly licensed or exempt from licensing. Past performance is not indicative of future results. No advice can be provided by SageView Advisory Group, LLC unless a customer service agreement is in place.
For more information on SageView, visit www.sageviewadvisory.com or call (800) 814-8742.
Contact: Julie Katsnelson
800.814.8742 | [email protected]
SOURCE SageView Advisory Group