Virtus Expenditure Companions Announces Rick Smirl Has Joined As Executive Vice President, Chief Operating Officer
3 min readHARTFORD, Conn., Could 3, 2021 /PRNewswire/ — Virtus Financial commitment Associates, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, nowadays introduced that Rick Smirl has joined the enterprise as executive vice president, chief working officer, and member of the senior management staff.
Smirl, who has much more than 20 a long time of knowledge in the asset administration marketplace, will lead the firm’s product management, oversight, and advancement functions and have obligation for the expenditure functions and information technological innovation capabilities. He will also function with affiliated managers and subadvisers as the company focuses on continuing to develop by creating and introducing powerful new products and solutions and further more optimizing company guidance services. He assumes responsibilities earlier managed by Frank Waltman, government vice president, who retired in March just after 30 years of company.
Smirl joins Virtus from Russell Investments, wherever he was main running officer and oversaw all facets of the firm’s worldwide operations, together with information and facts technological innovation, operations, fund products and services, lawful, compliance, possibility management, inside audit, job management, reporting and analytics, company services, sourcing and procurement, and federal government and neighborhood relations.
“Rick brings a prosperity of understanding of the asset administration field to Virtus, and has deep encounter in all elements of the business enterprise, from product or service development, expense and organization operations and corporate solutions to foremost transformational technology jobs supporting enterprise method and expansion,” stated George R. Aylward, president and main government officer. “He has tested himself to be a nicely-highly regarded and dependable chief and will be a powerful addition to our administration staff as we keep on to execute on our very long-time period strategic priorities, such as broadening the distinct financial investment abilities we offer to specific and institutional clientele and leveraging the advantages of our operating product.”
Prior to signing up for Russell Investments, Smirl was chief operating officer and lover at William Blair Investment Management, wherever he led the firm’s functions, item advancement, fund services, finance, small business analysis, risk administration, and engineering groups. Smirl joined William Blair Expense Administration as chief authorized counsel immediately after serving as main authorized officer at Potent Capital Management. He started his vocation at a Los Angeles law agency where he recommended financial companies firms and specialized in securities legislation.
Smirl holds a bachelor’s diploma in economics from the University of California at Irvine and gained a J.D. from Loyola Law University in Los Angeles. He also has done an executive training system at the University of Virginia’s Darden Graduate University of Enterprise Administration. He has been a member of the board of the College of Washington’s Foster University of Company and of Christopher Property, a Chicago-based mostly non-income corporation that will help low-money, at-chance people today and families succeed in university and the office.
About Virtus Investment Associates, Inc.
Virtus Expense Companions (NASDAQ: VRTS) is a unique partnership of boutique investment decision supervisors singularly committed to the long-time period results of specific and institutional buyers. The enterprise presents investment decision management solutions and products and services by its affiliated supervisors and choose subadvisers, every single with a distinct expenditure fashion, autonomous expense approach, and individual manufacturer. Virtus Investment Companions features access to a selection of investment decision variations across many disciplines to fulfill a extensive array of trader desires. Virtus’ affiliates contain Ceredex Price Advisors, Duff & Phelps Financial investment Management, Kayne Anderson Rudnick Expenditure Administration, Newfleet Asset Management, NFJ Expense Group, Seix Investment Advisors, Silvant Money Management, and Sustainable Advancement Advisers. Additional information and facts can be found at virtus.com.
Supply Virtus Investment Associates, Inc.
