Wayne Gates Email & Phone Number

Wallingford, CT

President of boutique stable value investment management firm with $3.5 billion in assets under management. FCM manages 9 non-commingled stable value separate accounts for institutional defined contribution and defined benefit plan sponsors and one commingled stable value collective investment fund.

Wallingford, CT

• Vice Chair (7/2011-6/2012)Chaired the Finance and Facilities Committees (2010-2012) with a budget of $125M. Key projects included financing of a new 124K sq. ft. library, a $15M renovation and addition of the athletic.
• Served as a Member of the Institutional Advancement Committee (2007-2009) which focused on creating a new $25M capital campaign.
• Selected for Audit Committee (2007-2012), Executive Committee (2010-2012), and Long Range Planning Committee (2007-2008).

• Business unit manager of institutional liability driven products: insured defined benefit products and institutional separate investment accounts for defined benefit, retiree healthcare, and stable value. Managed staff.
• Management of $2.3B stable value pool and separate account offering.
• Accountable for profitability: $8B liability driven assets; $22M net income. Management of client service, financial management, administration, underwriting.
• Oversaw investment policy and guideline development for liability driven products. Internal and external investment manager selection and relationship management.
• Led product management and product development: structured equity and fixed income products for retiree healthcare.

Salem, MA

• Led the product management for $2B John Hancock separate account stable value products.
• Served as a member of division senior management; responsible for strategy development.
• Reviewed and evaluated investment managers and alternative investments for addition to platform.
• Oversaw all market research and competitive intelligence for institutional structured products.
• Chaired Data Research Committee for the Stable Value Investment Association.

• Developed strategy and managed implementation plan to combine two regional brokerage firms’ equity research departments.
• Reported directly to the chairman of Freedom Securities.
• Managed the implementation of the integration of the equity research departments.
• Restructured the research product, printing, delivery, administration, and budgeting processes.
• Met with clients and branches to communicate the benefits of the merger/combination.
• Reviewed, recommended changes, and signed-off on research.

Investment and economic consulting and product development for various investment and insurance products. Investment strategy and policy development for general account segments and institutional separate accounts.

Master Of Arts (M.A.), Economics

Bachelor Of Arts (B.A.), Double Major Economics, Mathematics