55 Institutional Partners, LLC, a science and technology investment firm, announced on Tuesday it has appointed Paul Gamble as its new CEO.
According to the company, Gamble brings 25 years of experience in advisory services, financial technology, retirement planning and investment management. It was also reported that Gamble joins 55 Institutional from Financial Engines, where he served as Executive Vice President and helped to grow the company from a FinTech start-up through its initial public offering to its position as America’s largest independent investment advisor, with more than $150 billion assets under management. Most recently, he oversaw Financial Engines’ institutional business, including distribution strategy, sales, institutional marketing, strategic partnerships, implementation and relationship management.
Speaking about Gamble’s appointment, Dr. Vinay Nair, Chairman and Founder of 55 Institutional, stated:
“Paul has a unique and proven set of experiences that are relevant and applicable to 55 Institutional as it scales to the next level. He will help accelerate the distribution of our offerings through new and existing partnerships and oversee the growth of 55 in a fast-growing marketplace. We are excited to have Paul lead us into the future.”
Gamble went on to add:
“I’m excited to join 55 Institutional’s team of leading researchers and technology professionals. The company is uniquely positioned to help its partners capitalize the biggest growth opportunities that are transforming the industry today — including the use of passive building blocks, the rise of automated investment solutions and the heightened focus on diversification, taxes and fees. I look forward to expanding 55 Institutional’s growing list of partnerships, helping them differentiate and deliver better outcomes for their clients.”