Genworth Financial Wealth Management announced Monday that it has established a governing board of directors that will include prominent asset management industry veteran Charles Goldman as its appointed chairman. Also tapped to serve on the board are Hal Strong of Genstar Capital and Steven Spiegel of Aquiline Capital Partners.
Located in Pleasant Hill, Calif., Genworth Financial Wealth Management in September moved forward as an independent company with the completion of its sale from Genworth Financial (GNW) to a partnership of the two private equity firms, Aquiline and Genstar.
New board chairman Goldman, known as an advocate for the fiduciary standard, co-founded the now defunct RIA cooperative Advizent with Steve Lockshin and counted Vanguard founder John Bogle as a board member. Prior to Advizent’s closing in March, Goldman had previously served as president of custody and clearing at Fidelity Investments, as well as head of Schwab Institutional, among other senior roles at The Charles Schwab Corp.
“We are pleased to partner with directors of this caliber and be able to draw on their vast experience in wealth management and advisory services. I look forward to working with Charles, Hal and Steven to ensure that we continue to enhance our capabilities for advisors and their clients,” said Gurinder S. Ahluwalia, president and CEO of Genworth Financial Wealth Management, in a statement.
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Goldman was also a consultant at The Boston Consulting Group, and has served on boards of companies and associations, including his current service on the Certified Financial Planner Board of Standards and the board for Personal Capital Corporation.