Mark Hoffman, Phd, Cfa Email and Phone Number
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As Chief Investment Officer for Fulton Financial Corporation and Fulton Private Bank, Mark leads a team of client-focused portfolio managers and is responsible for the firm's investment strategy including strategic and tactical asset allocation, manager selection/due diligence, and portfolio construction.In his prior role at PNC, Mark was a key investment leader focused on developing innovative investment solutions for institutions, families, and individual investors. He oversaw multiple teams that built the tools and executed on PNC's investment strategies across PNC Institutional Asset Management, PNC Private Bank and PNC Private Bank Hawthorn (PNC's ultra-high-net-worth practice). These included a broad range of multi-manager, multi-asset class model portfolios and UMAs, a proprietary direct indexing program that incorporated tax management and/or responsible investing/ESG objectives, and derivative strategies delivered via options and structured notes. Mark also oversaw the teams responsible for trade implementation and execution for the proprietary and open architecture third-party equity separately managed account (SMA) programs and the UMA program. Mark was regularly invited to speak on the market environment and investment topics at PNC client events and industry conferences, and he was a key partner in driving client acquisition among the most sophisticated institutions and ultra high net worth families. Previously at PNC, he played a key role in designing and building out PNC's hedge fund and private equity programs. Prior to joining PNC, Mark was an analyst at two hedge funds where he conducted detailed research into a wide variety of trades including merger arbitrage, long/short equity, sovereign debt CDS, interest rate derivative, and other event-driven trades across the capital structure. Following completion of his PhD in theoretical physics where he focused on early universe cosmology, Mark began his business career at McKinsey and Company, where he worked with senior management of leading companies in the pharmaceutical industry.
Fulton Private Bank
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Chief Investment OfficerFulton Private Bank May 2023 - PresentLancaster , Pa, Us -
Managing Director, Head Of Portfolio ManagementPnc Asset Management Group Apr 2018 - Dec 2022Mark was a senior leader of the Asset Management Group Investment Office, providing investment guidance and model portfolios impacting over $180 billion in client assets.Mark oversaw the team that manages model portfolios and provided guidance on implementing PNC’s recommended asset allocations for PNC Private Bank and PNC Institutional Asset Management. He also managed the Derivatives Strategies Group, which provided customized solutions for clients using structured notes and options strategies, and he spearheaded the effort to launch a proprietary direct indexing program that incorporates tax management and/or responsible investing/ESG objectives. Mark also oversaw the trade implementation and execution teams that manage trading for the proprietary and open architecture equity SMA programs and the multi-manager UMA program, both of which included centralized tax management capabilities. He co-chaired the Investment Policy Committee, which oversaw asset allocation, manager selection, proprietary investment strategies, and derivatives. Mark served as a key partner in client discussions and in client acquisition, working closely with investment advisors and business leaders to demonstrate the sophistication of PNC's investment capabilities. He was a regular speaker at PNC client events and panels at industry conferences on an array of investment topics including the market environment, asset allocation and portfolio construction, alternative investments, tax management, the mechanics of investing (e.g., trading, ETF mechanics), and other complex investment topics.Mark was a leader on diversity, equity, and inclusion efforts within the AMG Investment Office. He served on the executive steering committee of AMGForward, an initiative supporting the growth of early career women, and he was a founding member of the associated Male Ally group. He also served as a senior leader on the Investment Office's DE&I working group.
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Head Of Alternative InvestmentsPnc Asset Management Group Feb 2013 - Mar 2018In this role Mark worked closely with investment advisors to develop customized alternative investment solutions for PNC's ultra high net worth and institutional clients. He was a principal architect of PNC's sourcing and due diligence processes for hedge fund and private equity investments, and he played an integral role in identifying and conducting due diligence on alternative fund managers. While in this role, he spent significant time directly with clients, providing both educational support and detailed industry expertise to help clients understand the rationale for adding alternatives to their portfolios. Mark served on PNC's Investment Advisor Research Committee, which at the time approved all mutual funds, separately managed account managers, ETFs, and alternative investments recommended by PNC Wealth Management, PNC Institutional Asset Management, and Hawthorn (PNC's ultra high net worth practice).
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Senior Research Analyst683 Captial Jan 2010 - Feb 2012As 683 Capital's Senior Research Analyst, Mark conducted in-depth due diligence on high priority investment opportunities in support of a "go anywhere" special situations strategy. His projects spanned a wide variety of trades including understanding sovereign debt dynamics in support of sovereign CDS trades, modeling the mechanics of futures and derivatives-based ETFs in support of arbitrage opportunities, following oil markets in support of relative value oil royalty trust positions, and conducting detailed fundamental due diligence of individual companies in industries ranging from timber to shipping to speculative pharmaceutical plays. In addition, Mark also conducted quantitative studies of historical market trends in several asset classes, including behavioral relationships and historical performance in support of portfolio-level risk management and broad market derivative trades.
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AnalystCaxton Associates Jan 2006 - Aug 2009New York, Ny, UsMark was part of a four-person team managing a portfolio of $2 billion in unlevered assets in an event-driven strategy for one of the world's most prominent hedge funds. The portfolio was divided between merger arbitrage opportunities and a catalyst-driven long/short equity strategy. In addition to conducting detailed due diligence on several hundred merger arbitrage and long/short equity trades (including builidng proprietary financial models, reviewing merger agreements and proxy filings, and interviewing corporate leaders), Mark also played a key role in developing proprietary Monte Carlo-based algorithms used in support of hedging complex trades. -
Senior AssoicateMckinsey And Company Sep 2003 - Sep 2005UsAs a member of consulting teams, Mark advised senior management of leading international pharmaceutical companies on key strategic issues. His teams designed and implemented multiple global organization restructurings and redesigned salesforce incentive systems. Mark also created new business strategies in response to industry-altering regulatory changes following the implementation of the Medicare prescription drug benefit and coordinated long-range strategic planning of critical research and development activities, incorporating competitive dynamics, pipeline opportunities, and return on investment criteria.
Mark Hoffman, Phd, Cfa Skills
Mark Hoffman, Phd, Cfa Education Details
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University Of ChicagoPhysics -
University Of CambridgePhysics -
Yale UniversityAstronomy And Astrophysics
Frequently Asked Questions about Mark Hoffman, Phd, Cfa
What company does Mark Hoffman, Phd, Cfa work for?
Mark Hoffman, Phd, Cfa works for Fulton Private Bank
What is Mark Hoffman, Phd, Cfa's role at the current company?
Mark Hoffman, Phd, Cfa's current role is Chief Investment Officer for Fulton Financial Advisors and Fulton Private Bank.
What is Mark Hoffman, Phd, Cfa's email address?
Mark Hoffman, Phd, Cfa's email address is ma****@****pnc.com
What schools did Mark Hoffman, Phd, Cfa attend?
Mark Hoffman, Phd, Cfa attended University Of Chicago, University Of Cambridge, Yale University.
What skills is Mark Hoffman, Phd, Cfa known for?
Mark Hoffman, Phd, Cfa has skills like Hedge Funds, Financial Modeling, Alternative Investments, Equity Valuation, Fundamental Research, Risk Arbitrage, Value Investing, Event Driven, Research, Finance, Mutual Funds, Investment Management.
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