Jack Ambrosio, Cmfc® Email & Phone Number

Berwyn, Pennsylvania, United States

Greater Philadelphia Area

• Formally of Prudential, Wealth Management Solutions became part of Envestnet in July of 2013.
• Design and develop monthly financial reporting packages that includes KPIs and operational metrics, full P&L by business unit, trend analysis, and variance analysis to provide senior leaders with insight into business.
• Develop financial models to support short-term forecasting and long-term strategic plan and budgeting including support for new product development, M&A opportunities, and pricing analysis.
• Deliver and implement a pricing framework to drive a unified pricing strategy and coordinate with multiple stakeholders across sales, relationship management, accounting and legal allowing for greater transparency on.
• Manage the short-term incentive compensation plans and implementation of new incentive schemes.
• Serve as the Chair of the Pricing Committee which has oversight for the economics and contract structure for new business and key customer relationships.

• Responsible for the oversight of the Investment Analytics and Marketing groups including development of staff.
• Designed and implemented a new multi-currency analytics offering to support the launch of an international UMA program. Managed all aspects of design, UAT, enhancements, training and support.
• Managed key client relationships including reviewing investment options and conducting menu analysis to ensure competitive products are available for their clients.
• Collaborated across functional business groups to identify business risks and establish action plans to manage residual risk.
• Oversee the business unit vendor governance function with responsibility for a $3m vendor budget. Successfully reduced annual spend by >25% through targeted vendor consolidation and contract renegotiation.

• Responsible for managing the Investment Analytics group. This included the delivery of over 2,000 quantitative reports to financial advisors and the management of staff and budget.
• Executed on the development and implementation of new analytics and research deliverables to evolve the business model while serving existing and prospective clients’ needs.
• Drive the development and implementation of processes and tools that allow for increased efficient analytical capabilities.
• Analyze industry trends and competitor strategies in order to identify and make recommendations on opportunities.
• Led initiative to assess international business opportunities. This encompassed everything from developing a business proposal, directing the RFP process, interviewing prospective partners and recommending potential.

• Responsible for managing a book of approximately 24 institutional client relationships with assets in excess of $3b and management of two associates.
• Conducted research and analysis on equity and fixed income managers, mutual funds and hedge funds.
• Monitored client portfolio holdings to confirm they adhered to the style and risk parameters outlined in the client’s IPS.
• Performed asset allocation studies and investment manager searches across all investment strategies.
• Worked with clients to develop funding and liability strategies.