AssetMark has hired Jason Thomas as new CEO and chief investment officer of its Savos Investments division.
He reports to AssetMark Chief Investment Officer Jerry Chafkin and is based in AssetMark’s Encino, CA office.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
In his new role, Thomas will oversee all research, portfolio management, and business activities at Savos. He will also develop plans for a series of speaking engagements and education initiatives on behalf of Savos.
The hiring of Dr. Thomas is the latest move in a strategic plan by AssetMark to increase investment in its people, offering, and platform. In the prior quarter AssetMark announced the hiring of veteran investment manager Jerry Chafkin as CIO and the acquisition of Aris Corporation, a wealth management firm in State College, PA.
"AssetMark is committed to helping the advisors on its platform make excellence in asset management a competitive differentiator," said AssetMark CEO Charles Goldman. "Savos, along with the third-party strategists available on our platform, plays a critical role in this mission."
"Jason’s expertise in risk management, together with his energy and breadth of investment experience will help Savos continue to build on its history of product innovation and drawdown control," added Jerry Chafkin, EVP and CIO of AssetMark.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataBefore joining Savos Investments, Thomas headed Portfolio Design Labs, a Los Angeles firm he founded to bring institutional risk management concepts to personal financial planning through web-based software. Before that, he served as Chief Investment Officer and Chairman of the Investment Committee at wealth management firm Aspiriant.
Prior to his tenure at Aspiriant, Thomas was Vice President in the Funds Management Group at Wilshire Associates and held positions at Goldman Sachs and the Federal Reserve Bank of San Francisco.
Savos Investments, with $3.8bn in assets under management and administration, specializes in risk-managed strategies for AssetMark advisors and their clients.
