Rockefeller Lures State Street Exec

August 22, 2001, 1:00 a.m. EDT 1 Min Read

Jeffrey Davis will leave State Street Global Advisors to become Rockefeller & Co.'s chief investment officer, it was announced this week.

Davis has been chief investment officer for State Street's Global Fundamentl Strategies Division for nearly five years. The division managed more than $4 billion in institutional assets and advised $18 billion of high net worth assets. He had been with State Street since 1992.

Davis has also earned a name for himself as a commentator who has appeared on Wall Street Week and CNN Financial News. He has spoken publicly about international investment issues, particularly matters regarding Africa, Asia, Europe and the Middle East.

Rockefeller & Co. manages roughly $4 billion in assets for individual Rockefeller family members, foundations, endowments and other families worldwide.

MORE FROM FINANCIAL PLANNING

Wealth management

Merrill leaps back into recruiting with $3.5B team from JPMorgan

An industry recruiter said the Bank of America subsidiary has become almost "unhinged" with the amount of money it's willing to offer advisors it's recruiting.

By Dan Shaw

April 19
Tax

New CPA exam section on financial planning links tax and wealth

After a decade-long effort by holders of the personal financial specialist credential, aspiring candidates can be tested on investments, retirement plans and other areas.

By Tobias Salinger

April 19
Industry News

Goldman Sachs, Morgan Stanley, Citigroup: How they're deploying tech and what it costs

During first-quarter earnings calls, top executives of mega firms like Goldman Sachs, Morgan Stanley and Citigroup talked about how they're testing AI and high-tech tools.

By Rachel Witkowski

April 18
Tax

Fighting stubborn racial disparities in homeowner tax subsidies

Experts from the Fed, Intuit and the Urban-Brookings Tax Policy Center explored ideas for more effective ways to advance the goals of the mortgage interest deduction.

By Tobias Salinger

April 18
Retirement

1 in 4 couples disagree over retirement spending priorities

Romantic partners usually agree on their broad retirement goals, a new Ameriprise study shows. But the consensus breaks down over smaller questions.

By Nathan Place

April 18
Earnings

Citizens reports fast progress in building its private bank

The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.

By Allissa Kline

April 17