One hire will be responsible for managing relationships with ultra-high-net-worth clients, family offices and regional endowments and foundations, while another will provide investment management services for local families and foundations.
A new report showed a lack of consistency makes it difficult to determine which data defines success, despite a slew of information available to investors to measure performance.
Small and mid-sized systems are expected to move further into launching impact investing funds, as the experience of larger systems continues to build a framework for best practices.
Hires will provide portfolio management, retirement planning, investment consulting and other wealth management services to individuals, families, nonprofits and private family foundations.