Close Close

Technology > Investment Platforms > Turnkey Asset Management

Genworth Taps Industry Veteran Charles Goldman for Board of Directors

Your article was successfully shared with the contacts you provided.

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.

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.

“I’m excited to be working with the Genworth Financial Wealth Management team,” Goldman said in a statement. “Having spent much of my career serving advisors, I look forward to using my experience to help the team and other directors continue to deliver sophisticated solutions and industry-leading service to the firm’s clients.”

Strong has served in senior roles across the asset management and investment banking industries over the last 30 years and is now an operating executive at Genstar Capital. Previously, he was vice chairman of Russell Investments, where he had an 18-year career. At Russell, he also served as chief operating officer, chief financial officer, head of alternative investments and head of investment banking.

Spiegel is a partner at Aquiline Capital Partners and has extensive experience leading asset management firms. He was previously vice chairman of Putnam Investments and director of corporate development at Marsh & McLennan Cos. Spiegel also served as chairman of PanAgora Asset Management and as a director of Mercer Management Consulting and Nippon Life Asset Management Co. 

Read Genworth, Cetera Close Unit Sales Deals at ThinkAdvisor.


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.