Verger Capital Hires Dynamic Duo to Lead Client Development

Wednesday, July 19th, 2017

             

Verger Capital, the outsourced-CIO investment advisor exclusively for non-profit organizations, is pleased to announce the addition of Wesley Carroccio as Client Development Director and Patrick Decker as Client Development Managing Director.  As part of Verger’s investor relations team, Wesley and Patrick will develop and manage new and prospective business for the firm.

Wesley most recently served as Head of Member Outreach Services for The Investment Fund for Foundations (TIFF). With over fifteen years in the financial services industry, the majority of which has been focused on the non-profit sector, Wesley brings a unique understanding of the challenges these organizations face. She received a Bachelor’s degree from Saint Joseph’s University and has passed the Series 6, 7 and 63 securities examinations.

“Here at Verger, I have the extraordinary opportunity to continue to serve a community of organizations that over the last twelve years has truly become a part of who I am.  Verger offers a commitment to mission, alignment of interest, and collaborative approach that makes it more than a functional relationship with investors; it is truly a partnership. The non-profits that we serve are doing important work, so it is a great responsibility and privilege to work alongside of them. I believe Verger is the best place to do just that,” Wesley said when asked why she chose to make the move to Verger.

Patrick comes to Verger after over twelve years at Hirtle, Callaghan & Co., where he most recently served as an Investment Officer overseeing client development and relationship management in the Southeast. Patrick’s substantial experience and demonstrated talent is evidenced by over seventeen years in the financial sector. In addition to receiving a Bachelor’s degree from Washington & Lee University, Patrick has passed the Series 3 and 65 securities examinations, and is a Certified Financial Planner.

When asked what about Verger resonated with him, Patrick shared that, “Given the significant headwinds that endowments and foundations face today, I was most intrigued by the Protect, Perform, Provide mindset of Verger.  The team’s risk allocation focus encourages institutions to get away from a reliance on the traditional capital allocation model, and stresses the need to manage and navigate risk in erratic markets. My expectation is that the OCIO industry will only continue to grow, making alignment with the right firm and philosophy even more critical going forward.  I believe that Verger provides me the best opportunity to appropriately serve these essential organizations.”

Wesley and Patrick are not the only ones eager for them to begin. “We are delighted to welcome Wesley and Patrick to the Verger Capital team.  As our firm continues to grow and extend our reach, the deep and rich OCIO experience that they both bring to the table will be an invaluable asset,” said Garry Duncan, President and head of the investor relations team.

As Verger strives to deepen and expand endowment and foundation relationships, these client development roles will also encompass strategic pipeline planning, lead generation, prospect evaluation, and communicating our firm’s message.

“Wesley and Patrick bring valuable experience and clear passion to their work.  Having them join is a testament to the momentum that is currently building at Verger and demonstrates our firm’s commitment to establishing productive, long-lasting relationships within the non-profit community,” said CEO and CIO of Verger, Jim Dunn.

Welcome, Wesley and Patrick!