×

55 Institutional Appoints New Board Member

New York, Aug. 15, 2017 (GLOBE NEWSWIRE) -- 55 Institutional is delighted to announce that Steve Gruber has joined its Board of Directors. Steve joins 55 Institutional as the client base broadens and is joined on the board by William Pade, Dr. Matthew Rhodes-Kropf and Tom Tinsley.



55 Institutional is a technology-enabled, outsourced investment advisor offering investment and portfolio management firms a turnkey solution to design investment strategies, provide educational support and manage custom portfolios. 55 Institutional’ s offerings are built on investment science and leading tax technology. Visit us on the web at https://55institutional.com/.

Steve Gruber brings insights, experience and relationships forged over nearly three decades at Oak Hill Capital Partners. He has extensive experience helping to guide businesses through periods of rapid growth and has served on the board of numerous businesses both in and serving the financial services sector. Mr. Gruber was a founder and Managing Partner at Oak Hill Capital Partners and helped chart the firm’s course to enterprise success. He earned a BA from the University of Michigan and MBA from The University of Chicago.

Chairman, Dr. Vinay Nair, on the addition of Mr. Steven Gruber to the 55 Institutional Board:

“Steve understands investments and has proven expertise in building institutional businesses. 55 Institutional looks forward to working him and building on the innovation lead that has brought us into the spotlight. The team welcomes him and his uniquely rich experience. We are honored and well served by the high caliber of our board members and the quality leadership that they contribute.”

Board Member, Steve Gruber, on joining 55 Institutional:

“I am excited to be joining 55 Institutional’ s dynamic board as it helps guide the Company’s strong leadership team comprised of experienced financial technology executives, leading investment scientists and creative technologists. 55 Institutional brings a unique and truly up-to-date approach to investment advice, marrying top quality investment science with proprietary tax technology so as to enable clients to develop optimal solutions that fit their distinct circumstances. The Company’s powerful technology allows asset managers and wealth advisors to fully harness the benefits of the secular trend toward passive investment products. I look forward to working with the 55 Institutional team in the years ahead.”

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a376d2ed-caef-4330-a44b-aaf75dde8eec

Sachin Shah 55 Institutional 212-259-4419 sshah@55institutional.com

Source: 55 Institutional