United by a common interest in creating innovative, client-centric solutions for under-served investors, our team came together and founded eCIO to democratize institutional, low-cost investment solutions. By utilizing the latest technology, investment programs once reserved for only very large institutions are now accessible to nonprofits of any size.
With decades of experience in the investment management industry, our team built eCIO to solve these problems:
eCIO is privileged to partner with many amazing foundations, endowments, and nonprofits that support inspiring missions critical to the well-being of communities around the world. We offer a holistic approach to serving nonprofit organizations that goes beyond asset management. Our team partners with your organization to provide not only a customized investment solution, but also valuable services to help you grow your financial resources and to serve your board or oversight committee.
In addition to our professional commitment to nonprofits, our investment advisors are all engaged personally in supporting nonprofit organizations as active members and board members.
--
¹ Spend less than $1 million annually. www.nonprofitimpactmatters.org.
² Viewpoint: Counting the Cost”. www.commonfund.org. March 30, 2017.
³ 1974-2019. “It’s Time to Replace the ‘Grossly Inefficient’ Endowment Model, Says Richard Ennis”, Institutional Investor. April 1, 2021.
Our team, made up of firm owners and driven by our clients' success, features a nonprofit investment advisory team with over 10 years of working together.
Rob has 30 years of investment experience serving in business development, client servicing, portfolio management, and department oversight roles. At eCIO, he leads our team of talented investment and technology professionals delivering state-of the art solutions to institutional investors and other financial services firms. Rob serves as an Investment Advisor to our clients, developing investment strategy, overseeing portfolios, and communicating with investors. He also chairs our investment committee.
Rob has held senior level positions with large money management organizations, where he has sought out entrepreneurial roles including establishing new products and markets, opening new office locations, and maintaining P&L responsibilities. Prior to launching eCIO, Rob established the Outsourced Chief Investment Officer (OCIO) practice for Madison Investments focused on serving larger non-profit organizations. He was also a founder and lead portfolio manager of the small cap portfolio management team at Allegiant Asset Management, which was later acquired by PNC Bank. In Rob’s first entrepreneurial role, he established and built a regional pension consulting office in Chicago which was later acquired by Empower Retirement.
Rob is actively involved in his community serving on two institutional investment committees for nonprofit organizations (including chairing the endowment/finance committee). He received a BSBA in Finance and Marketing from the University of Denver and his MBA in Finance and Economics from the Booth School of Business at the University of Chicago. Rob also holds the Chartered Financial Analyst (CFA) designation.
Courtney brings over 25 years of experience in the investment management industry to her role as Chief Revenue Officer where she is responsible for client acquisition and retention. She also serves as an Investment Advisor to our clients, developing investment strategy, overseeing portfolios, and communicating with investors and is a member of the Investment Committee.
Courtney has held principal positions in business development and client service with extensive operating and sales experience building and delivering relevant investment solutions to investors in high net worth, institutional and advisory market segments. Following a sales management role at Lazard Asset Management, she was a co-founder of NorthRoad Capital Management, an international and global equity investment manager, which she and her partners sold to Madison Investment Advisors, where she held senior business development and client service positions.
Courtney has a BA from Colgate University and an MBA in Finance from New York University's Stern School of Business. She is a board member of the St. Louis Arc and a member of St. Louis Women in Investments.
Phil has over 10 years of investment experience serving in client acquisition, client servicing and investment management roles. He has extensive experience helping nonprofit clients with their asset allocation, portfolio construction, investment policy statement, and accounting. At eCIO, Phil works closely with our nonprofit clients as an Investment Advisor creating customized portfolios based on their goals, portfolio needs, ESG restrictions and risk tolerance. He is also eCIO's Chief Compliance Officer and is a member of the Investment Committee.
Prior to eCIO, Phil was a key driver in the creation and success of the Outsourced Chief Investment Officer (OCIO) practice at Madison Investments focused on serving larger nonprofit organizations. He also worked closely with investment teams at Wells Capital Management creating strategy language for large client acquisitions. Phil's entrepreneurial experience started at an early age since his family-owned and operated one of the most successful restaurant businesses in Michigan.
Phil is also actively involved in the nonprofit community in Madison: he is a board member of Family Service Madison and a member of the Association of Fundraising Professionals (AFP). He graduated from Concordia University Wisconsin with a B.S. in Actuarial Science and a B.S. in Finance. Phil has earned the CIPM designation from the CFA Institute, and is FINRA registered, and is the recipient of InBusiness Magazine's 40 under 40 class of 2021.
Erica brings a wealth of knowledge and a client-centric approach to eCIO. With over 18 years of experience in wealth management, she excels in managing client relationships, overseeing account management, and ensuring the highest level of client satisfaction.
Erica began her career at a prominent broker-dealer, where she developed a strong foundation in client service and financial management. She continuously expands her knowledge to better serve our clients, demonstrating a commitment to ongoing professional development.
Erica holds an Associate degree in Business Administration. Her educational background, combined with her extensive hands-on experience, equips her to provide clients with comprehensive support and guidance. Her dedication to excellence and proactive approach make her an invaluable asset to our team and clients alike.
Tim brings 20+ years of experience in product development and marketing to his role at eCIO where he helps introduce future clients to eCIO's innovative technology as VP of Marketing. Tim is also responsible for eCIO's creative assets, content strategy, and maintaining internal software.
Prior to eCIO, Tim worked as a frontend developer at Sticky.io with a focus on improving user experience and later on the product development team.
Tim has always had an entrepreneurial spirit and passion for connecting people with products. He has had the opportunity to work with many different companies, from startups to Fortune 100 companies on projects as simple as website design to major, top-secret, national product releases
Clark has 20+ years of experience in software development, information technology, and technical operations -- with 15+ years experience as a technology executive and entrepreneur. At eCIO, he coordinates efforts around our investment management technology development and overall technical operations. Clark is regularly plugged into our enterprise solution partnership opportunities and looks for ways to integrate with best of breed solutions that complement our platform offering.
Along with starting eCIO with Rob, he was a co-founder of two successful venture-backed technology businesses: PropertyBridge which received $2.2 million in Series A funding and sold to MoneyGram International after 2 years for $28 million, and Marqeta which received over $500 million of total funding, currently valued at over $10 billion and a fintech unicorn. Clark was also an early employee and shareholder of Financial Information Technologies, a payment and data solution in the regulated alcoholic beverage industry, where he served as Chief Information Officer, and received private equity capital infusions from TA Associates and Luminate Capital Partners in 2018, valuing the company at over $400 million. Prior to eCIO, he served as Chief Technology Officer at sticky.io which provides a subscription billing platform for merchants and advertisers.
Clark is a Certified Scrum Master and Scrum Product Owner leading agile product development teams for the last 12 years. He has several patent and patent pending applications through his startup endeavors and holds a Computer Science degree from the University of California, Berkeley.
Wade Wright has been working in the information technology and engineering field since 2013 with companies ranging from early-stage startups to Fortune 500. In roles such as Support Manager, Software Engineer, and Compliance Officer, Wade has worked in a variety of industries including eCommerce, internet service providers, automotive and financial services.
Wade's technical abilities span user interface and experience design, infrastructure, data service development in multiple languages, and quality assurance engineering. His core focus is on developing scalable and maintainable solutions and products allowing for application and team growth in a rapidly expanding field. Additionally, he is passionate about individual and team progress. As a Tampa native, he is also an avid fan of the Tampa Bay Buccaneers.
Martin Coughlan, CFA, CAIA is the Founder of Acclinate LLC, which he established in 2019. After working in the investment management industry for over twenty years, Martin launched Acclinate to provide services and solutions to asset and wealth management firms in the areas of strategy, distribution, operational optimization, and technology.
Martin’s experience across the investment, distribution, operations, and business management functions provides him with a differentiated perspective on how the exponential change occurring in the investment industry will impact participants. Prior to starting his own business, he spent his career working in the U.S., Europe, and Asia for investment firms including Bank of Ireland Asset Management, Calamos Investments, Westwood Management, and Aegon Asset Management.
As part of his business, Martin sources, qualifies, and invests in asset and wealth management focused fintechs. He also provides advisory resources to these firms to facilitate their growth and capital needs.
Martin graduated with Bachelor of Commerce degree from University College Dublin, Ireland. He is a Chartered Financial Analyst CFA® charterholder, as well as a Chartered Alternatives Investment Analyst CAIA® charterholder.
Byron L. Frenz is the founder of CW Technologies LLC which works with angel investors and venture capital firms to support business development of early stage companies. He is a partner in Wisconsin Investment Partners, an angel investment group. As a CPA and entrepreneur Byron provided tax and financial advisory services for companies active in medical services, import/export, and real estate development. He is a board member of several firms and the author of Strategic Risk Management for International Business Development. Byron received a BBA in Business Administration, a MS in Accounting and a PhD in Development Economics from the University of Wisconsin-Madison.
Alexander Goldstein is an Entrepreneur and Investor based in Chicago. Alexander is a founder and Chairman of Eligo Energy, LLC, an alternative energy retailer based in Chicago, where he served as CEO of Eligo since its founding in 2012 through mid-2017. Before starting Eligo Energy, Alexander co-founded a Pangea Properties and CashNetUSA, now Enova International. Enova today offers financial services in over 30 US states and 4 countries, employing over 500 people.
Alexander in an angel investor and advisor to over 30 startup businesses, focusing on technology, and application of technology to finance, energy, and health.
Alexander Goldstein holds a Bachelor's Degree in Computer Engineering from the University of Illinois at Chicago. He is married and father to two young daughters.
Dave Quade is an entrepreneur and business manager. He served as president of Monroe Truck Equipment where he and two partners purchased a manufacturer and value-added distributor and grew it to a regional concern with $250 million in sales before selling to private equity.
His prior experience is as a CPA in public practice.
Dave holds a BBA in Accounting from the University of Wisconsin-Madison. He and his wife, Marian, live in the Madison area and have four adult children.
Jay is currently a partner at Zermatt Investors, LLC, a private partnership that invests in early stage companies. He retired in September, 2018 from Madison Investment Advisors where he was the Chief Investment Officer. Madison manages over $17 billion in assets for both institutional and individual accounts. While at Madison, Jay also was a member of the Board of Directors and served on the both the Investment Strategy Committee and the Asset Allocation Committee. Jay holds a BBA and MBA degree from the University of Wisconsin and graduated from the Applied Security Analysis Program. Jay serves or has served on numerous corporate and non-profit boards, including:
