FinMason said it has hired David Remstein to serve as its president and chief operating officer to help it double the number of its investment-analytics offerings, which now total 700. Specifically, it plans to expand into analyses of private securities and global multi-asset portfolios.
“We are in a period of tremendous growth … By the end of the year, we anticipate being more than 50 [employees] and operating in 12 countries,” said founder and CEO Kendrick Wakeman, in a statement. “David has extensive experience operating globally, thinking strategically and leading successfully.”
Earlier, Remstein served as the global head of buy-side financial consulting at Riskcare Inc. He has been in the financial services industry for over 30 years, including as global head of client reporting at Citi Private Bank, global head of investment performance at J.P. Morgan Asset Management and global product head and COO of investment analytics & consulting at J.P. Morgan Corporate Investment Bank.
“The analytics engine FinMason has developed is delivering the speed, scope and flexibility that firms in the industry need to be competitive, but struggle to build, in the current environment,” explained Remstein, in a statement. “I am excited to join FinMason’s visionary leadership team as the firm continues its path toward delivering the best-in-class solution and service.”
Earlier this month, the firm launched FinMason Investment Analytics Consulting (FinIAC) group, a team of subject-matter experts working with current and prospective clients to optimize “effective analytics.”